Introduction: Vagit Alekperov
Born in September 1950, Vagit Alekperov is a defining figure in the Russian oil industry, presently serving as the President of Lukoil, one of Russia’s largest oil companies. Holding a significant 25% share of the company, Alekperov shares his life with his wife, Larisa Alekperova, and their two children, Yusuf and Mariam Alekperov.
Before his groundbreaking contribution to Lukoil, Alekperov was the youngest deputy minister of the Oil and Gas Industry in the Soviet Union. His journey began working at an oil rig in the Caspian Sea, where he not only gained invaluable field experience but also survived a life-threatening wellhead explosion. An alumnus of the Azerbaijan Oil and Chemistry Institute, Alekperov brings in-depth knowledge and hands-on experience to the oil industry.
- Vagit Alekperov, born in September 1950, is the President of Lukoil and owns 25% of the company’s shares.
- Alekperov started his career on an oil rig in the Caspian Sea and later became the youngest deputy energy minister in Russian history.
- Alekperov’s company, Lukoil, is Russia’s largest independent oil company, accounting for 2% of global oil production.
- In addition to his oil interests, Alekperov co-owns the IFD Kapital Group, diversifying his business into various sectors including asset management, banking, media, information technology, and real estate.
- Alekperov, along with Leonid Fedun, owns Heesen Yachts, a luxury yacht builder. Their latest yacht, the 80-meter GENESIS, is the largest ever built at Heesen.
- Vagit Alekperov’s estimated net worth is $26 billion, making him one of Russia’s richest individuals.
Lukoil: Alekperov’s Brainchild
Alekperov leads Lukoil, a major player in the global fuel and energy sector and the largest independent oil company in Russia. Lukoil’s operations span across the globe, accounting for 2% of the world’s total oil production. As of 2019, the company boasted more than 100,000 employees and exceeded US$ 100 billion in sales, with a net profit of US$ 8 billion. The firm also owns and operates over 2,000 gas stations in the USA.
The company’s journey began in 1991 as Langepas-Uray-Kogalymneft, a subsidiary of the Ministry of Fuel and Energy. It was transformed into Lukoil Oil Company in 1993, with Alekperov assuming the presidency since its inception.
IFD Kapital Group: Diversifying Ventures
Beyond his involvement in the oil industry, Alekperov co-owns the IFD Kapital Group with Leonid Fedun, a venture formed from all non-oil assets of Lukoil. IFD Kapital Group, with over US$ 15 billion in assets, diversifies its business across asset management, banking, media, information technology, and real estate sectors. The group’s significant investments include the Russian Media Group, housing numerous radio stations, and the Bank Petrocommerce Group.
Heesen Yachts: A Nautical Interest
Alekperov, along with Leonid Fedun, also owns Heesen Yachts. They purchased this enterprise from founder Frans Heesen in 2008 for a sum of EUR 170 million (US$ 200 million). Heesen Yachts, an acclaimed luxury yacht builder, boasts annual sales of over US$ 125 million.
The 80-meter GALACTICA (Project Cosmos) is the latest addition to Alekperov’s collection of yachts, marking him as a proud owner of the largest yacht ever built at Heesen. In 2022, the yacht was renamed Genesis and its legal title transferred to an offshore company within the Lukoil Group. Following this, the Heesen shipyard was sold to an independent Dutch foundation.
Vagit Alekperov’s Net Worth
With an estimated net worth of $26 billion, Vagit Alekperov has emerged as one of the richest men in Russia, marking his enormous success in the energy sector.
Mention SuperYachtFan When Sharing This Information
When using the information from this article, please remember to give credit to SuperYachtFan. Our team works hard to provide accurate and engaging content for our readers, and we appreciate your support.
Vagit Alekperov Yacht
Vagit Alekperov House
He has two or three houses. His main residence is in Barvikha, a wealthy suburb of Mosco. He and his wife Larisa also own a summer house in Ukraine. And finally, we believe he has a house in Switzerland. Unfortunately, we have not yet been able to identify his homes. These are sample photos of billionaire residences. Do you know more about his house? Please do send us a message.
Barvikha is an upscale residential area nestled within the Odintsovo District in Moscow Oblast, Russia. Famed for its wealth and exclusivity, it’s often regarded as the Beverly Hills of Russia. Its location is as prestigious as it is scenic, situated just west of Moscow, amid the lush greenery of the Moscow Region’s prestigious Rublevka area.
In addition to its luxurious residential estates, Barvikha is known for the Barvikha Luxury Village, a high-end shopping center offering boutiques from some of the world’s most recognized luxury brands. The area also boasts premier healthcare facilities such as the Barvikha Sanatorium, which caters to high-profile patients. Notable landmarks include the Barvikha Concert Hall, which hosts a wide range of cultural and entertainment events.
Despite its exclusivity, Barvikha offers public access to its rich forestry, preserved in the Barvikha Forest, a testament to the region’s natural beauty. Its combination of luxury, location, and serene surroundings make Barvikha a highly desirable locale for Moscow’s elite.
He is the owner of a Dassault Falcon 7X private jet. The aircraft has registration VP-
Dassault Falcon 7X
The Dassault Falcon 7X is a tri-jet business aircraft manufactured by Dassault Aviation. It is designed to accommodate up to 19 passengers in a spacious and luxurious cabin and has a range of approximately 5,700 nautical miles. The Falcon 7X features advanced technology and avionics, including fly-by-wire controls, a spacious and well-appointed cabin, and a smooth and quiet ride. The aircraft is known for its exceptional range, speed, and comfort, making it a popular choice for VIP and corporate customers. The price of a Dassault Falcon 7X can range from $40 million to $60 million or more, depending on the age of the aircraft, its configuration, and other factors. It’s important to note that the cost of owning and operating a Falcon 7X also includes ongoing expenses such as maintenance, fuel, and crew salaries.