Who is Vladimir Lisin?
Lisin is chairman and the majority shareholder of Novolipetsk (NLMK). It is one of the largest steel companies in Russia. He was born in May 1957. He is married to Lyudmilla, they have 3 children.
He is the President of the European Shooting Confederation and the Russia Shooting Union. And he is vice president of the Russian Olympic Committee.
He is also President of the Russian Steel Association.
Lisin started as an electrical fitter. He worked as an assistant steelmaker and deputy shop manager. And finally became chairman and one of the richest Russians.
Novolipetsk is the 4th largest steel company in Russia. It is producing roughly 25% of Russia’s steel. The company is based in Lipetsk. Lipetsk has large iron ore deposits.
Thanks to self-sufficiency in key raw materials (iron ore) and energy. Coupled with technological superiority. NLMK is one of the most efficient and profitable steelmakers in the world.
In 2019 NLMK realized more than US$ 12 billion in sales. And is realized a net profit of US$ 2 billion.
Vladimir Lisin Net Worth
Lisin owns 84% of NLMK through his holding company Fletcher Group Holdings. This brings his net worth to US$ 22 billion. He is one of Russia’s richest men.