Viktor Vekselberg

Viktor Felixovich Vekselberg is a Russian businessman. He is the owner and president of Renova Group, a Russian conglomerate. According to Forbes, as of October 2019, his fortune is estimated at $11.4 billion, making him the 119th richest person in the world. 

  • Vekselberg made news in May after revelations that a U.S. firm he invests in wired $500,000 to an LLC owned by Michael Cohen, Trump’s personal lawyer.
  • The Ukrainian-born aluminum baron made his first million selling scrap copper from worn-out cables.
  • Vekselberg later bought several medium-size aluminum smelters and bauxite mines and united them into Sual Holding in 1996.
  • Eleven years later, he merged it with billionaire Oleg Deripaska‘s Russian Aluminum to form UC Rusal. Both were sanctioned by the U.S. in April.
  • A partner of billionaires Mikhail Fridman and Len Blavatnik in oil company TNK-BP, he sold his stake in 2013 to state-owned Rosneft for $7 billion.