VALERIE SUBBOTIN • Net Worth $100 Million • House • Yacht • Private Jet • Lukoil

Name:Valerie Subbotin
Net Worth:$ 0,1 billion
Source of Wealth:Lukoil
Brother:Alexander Subbotin (died 2022)
Private Jet:Unknown

Unraveling the Identity of Valerie Subbotin

Valerie Subbotin, a significant persona born in 1960, is known for his instrumental role as a Member of the Management Board of Lukoil. As a married man, he leads a discreet personal life. However, his professional accomplishments shine bright in the public eye. A note of tragedy marks his family history, as his brother, Alexander Subbotin, faced an untimely death under mysterious circumstances in May 2022.

Key Takeaways:

  • Born in 1960, Valerie Subbotin served as a Member of the Management Board of Lukoil and currently chairs LukArco, a subsidiary of the Russian oil company.
  • Subbotin’s considerable fortune is estimated at a notable $100 million, reflecting his success in the energy sector.
  • His brother, Alexander Subbotin, also a senior executive at Lukoil, tragically passed away under mysterious circumstances, alleged to involve poisoning. This event has triggered a criminal investigation.
  • Despite leaving his vice-presidential role at Lukoil in 2016, Subbotin maintains a significant influence within the company, illustrating his steadfast relevance in the industry.

Lukoil and LukArco: An In-depth Look

Subbotin’s career soared as the vice-president for oil sales and supplies at Lukoil, a renowned Russian energy corporation. Despite departing from this position in 2016, he maintained a strong presence in the company. Today, he holds the prestigious title of Chairman at LukArco, a significant subsidiary of Lukoil. This shows his continued association and influence within the Lukoil ecosystem.
LukArco has earned its reputation as a significant extractor of crude oil and gas. This subsidiary engages in oil and gas production and holds a notable 5% minority stake in TengizChevroil and a 12.5% interest in the Caspian Pipeline Consortium.

PJSC Lukoil Oil, headquartered in Moscow, is actively involved in the extraction, production, transport, and sale of petroleum, natural gas, and petroleum products. The corporation is spearheaded by Vagit Alekperov, a prominent figure who owns the yacht Galactica Supernova and is a key stakeholder in the renowned yacht builder, Heesen.

Valerie Subbotin’s Net Worth

Embodying success in the energy sector, Valerie Subbotin has amassed a substantial fortune. His net worth is estimated at a whopping $100 million, placing him among the top echelon of wealth in the industry.

The Mysterious Death of Alexander Subbotin

Alexander Subbotin, a Russian oligarch and Valerie’s brother, also held a high-ranking position at Lukoil. However, his life ended abruptly and under suspicious circumstances in May 2022. Unconfirmed reports allege that he was poisoned.
According to local media, Subbotin visited a shaman seeking a remedy for a hangover, which allegedly involved the use of toad poison. While these claims remain unverified by law enforcement, the unusual circumstances surrounding Subbotin’s death have triggered a criminal investigation by Russian authorities.

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Valerie Subbotin

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Valerie Subbotin Yacht

He is the owner of the Heesen yacht GALVAS.

The GALVAS yacht, built in 2019, is a luxurious creation of Heesen Yachts, boasting an intricate design by H2 Yacht Design.

Powered by robust MTU engines, the yacht cruises comfortably at 12 knots with a maximum speed of 16 knots, offering a range exceeding 3000 nautical miles.

The yacht’s luxurious interior accommodates 12 guests, and a crew of 13, raising the bar of luxury yacht experiences.