Celebrity Biographies
Oleg Deripaska Biography and Net Worth
Oleg Vladimirovich Deripaska is a Russian billionaire and oligarch. He accumulated wealth from state-owned assets privatized after the Soviet Union’s collapse.
Who is Oleg Deripaska?
Oleg Vladimirovich Deripaska is a Russian billionaire and oligarch. He accumulated wealth from state-owned assets privatized after the Soviet Union’s collapse.
Bio Data
| Name | Oleg Deripaska |
| Gender | Male |
| Date of Birth | Jan 2, 1968 |
| Age | 55 years old |
| Place of Birth | Dzerzhinsk |
| Profession | Businessperson, Investor, Entrepreneur |
| Nationality | Russia |
| Net worth | $2 Billion |
Biography
Oleg Deripaska was born in Dzerzhinsk, Soviet Russia, on January 2, 1968. He spent his childhood on his family’s farm in Ust-Labinsk. He began working as a child at the Ust-Labinsk plant, where his mother worked. He became an electrician’s apprentice when he was 11 years old.
At the age of 17, he enrolled at Moscow State University, where he excelled in mathematics. After a year, he was drafted into the military. In 1993, he returned to finish his physics degree. Deripaska also received a master’s degree in economics from Plekhanov University in 1996.
Net Worth
Oleg Deripaska has an estimated net worth of $2 billion. He founded Basic Element in 1997, along with En+ Group and United Company RUSAL.
Due to various controversies, he faced sanctions by Western countries during Russia’s 2022 invasion of Ukraine.
Career
Oleg Deripaska, a Russian entrepreneur, started in the 90s by co-founding a metal trading company called VTK. He was skilled at buying low-cost Russian metal and selling it internationally for more. This success led him to become director general of the Sayanogorsk aluminum smelter in 1994. Later, he helped create RUSAL by merging two companies.
With Deripaska at the helm, RUSAL became the world’s top aluminum producer. He achieved big things like building the first Khakas aluminum smelter after the Soviet era. Over time, he ventured into energy, manufacturing, auto, finance, aviation, and agriculture. Notable assets include EuroSibEnergo, Ingosstrakh, and GAZ Group, all part of his diverse investment portfolio in Basic Element, founded in 1997.
In 2006, Deripaska started the En+ Group, which deals with mining, metals, and energy. This company has a big role in RUSAL and EuroSibEnergo. He also entered the agriculture sector in 2011 with Kuban Agroholding, covering 75,000 hectares.
Besides business, Deripaska holds influential roles, like being chairman of the Asia-Pacific Economic Cooperation Business Advisory Council and vice president of the Russian Union of Industrialists and Entrepreneurs. He’s been active at the World Economic Forum since 2007.
Personal Life
Deripaska married Polina Yumasheva in 2001, the daughter of a prominent aide to Russian President Boris Yeltsin.
Before divorcing in 2018, they had a son, Pyotr, and a daughter, Maria.
FAQs
Q: Who is Oleg Vladimirovich Deripaska?
A: Oleg Vladimirovich Deripaska is a Russian billionaire and prominent figure in the business world. He gained his wealth through investments in various industries.
Q: How did Oleg acquire his wealth?
A: Deripaska accumulated his wealth by acquiring previously state-owned assets that were privatized after the dissolution of the Soviet Union. He played a significant role in the Russian business landscape.
Q: What are some notable aspects of Oleg Deripaska’s personal life?
A: In 2001, Deripaska married Polina Yumasheva, and they had a son, Pyotr, and a daughter, Maria, before their divorce in 2018.
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