Oleg Deripaska

Oleg Deripaska

Founder at Basic Element LLC

Net worth: 3 553 M $ as of 2022-07-30

56 year
Non-Energy Minerals
Consumer Services
Commercial Services

Profile

Head of Rusal, the world leader in aluminium, Oleg Deripaska is a major figure among Russian oligarchs. He manages the holding Basic Element, an empire that is today from auto to insurance, trough aviation and energy.

Graduated in nuclear physic at University of Moscow, Deripaska began his activity as trader of metals. He takes advantage from privatization initiated by Boris Yeltsin to buy stakes in aluminium companies.
At twenty six years old after he won a majority of workers’ shares in the aluminium company in Sayansk (Siberia) he became director.

In the 80’s, a struggle for control of the aluminium market is started, between traders and red barons of industry.
In 2000, the Rusal is created. So many people protest in order to underline the conflict of interest which had involved the company’s creation. The strong connection between political ambience and business is also criticized by many western media.

In October 2006, Rusal merged with its rival Sual, and thanks to cooperation with Swiss company of trading Glencore, and also with Putin’s support, he created UC Rusal the world leader in aluminium. Valued $30 billion, 66% owned by Rusal’s shareholders, 22% by Sual and at least Glencore with 12%, and it employs 115 000 employers in 17 countries on five continent.

With his holding Basic Element, Oleg Deriparska brought 38% of the group that manages the development of finance district in Russian capital, Moscow-city launched in 1992 by Russian authorities.

In 2009, during the financial crisis, the Oleg Deriparska’s business is struck down by sharp fall of commodities’ prices. In fact, he passed from 9th place in Forbes’ ranking in 2008 to 57th place in 2010. He rose at 36th place in 2011 with fortune estimated at $ 16.8 billion.

Known holdings in public companies

CompanyDateNumber of sharesValuationValuation date
2022-06-29 287,162,579 ( 44.95% ) 2 208 M $ 2022-07-30
2023-12-31 28,500,001 ( 27.78% ) 1 345 M $ 2024-02-28

Oleg Deripaska active positions

CompaniesPositionStart
Founder 1996-12-31
Chairman 2009-10-22
Corporate Officer/Principal -
President -
Competitiveness & Entrepreneurship Council Corporate Officer/Principal -
The State Academic Bolshoi Theatre of Russia Director/Board Member -
Moscow State University Lomonosov Director/Board Member -
State University of St. Petersburg Director/Board Member -
Corporate Officer/Principal -
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All active positions of Oleg Deripaska

Former positions of Oleg Deripaska

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See the detail of Oleg Deripaska's experience

Training of Oleg Deripaska

Moscow State University Lomonosov Undergraduate Degree
Plekhanov Russian University of Economics Graduate Degree

Experiences
Positions held

Active

Inactive

Listed companies

Private companies

See the detail of Oleg Deripaska's experience

Connections

100 +

1st degree connections

24

1st degree companies

Male

Female

Members of the board

Executives

See the personal network

Linked companies

Listed companies4
MINING AND METALLURGICAL COMPANY NORILSK NICKEL

Non-Energy Minerals

IRKUTSKOF ENERGETICS AND ELECTRIFICATION

Utilities

EN+ GROUP INTERNATIONAL

Non-Energy Minerals

UNITED COMPANY RUSAL, INTERNATIONAL

Non-Energy Minerals

Private companies16

Non-Energy Minerals

Distribution Services

Finance

Producer Manufacturing

Finance

Commercial Services

The State Academic Bolshoi Theatre of Russia

Competitiveness & Entrepreneurship Council

Commercial Services

Non-Energy Minerals

Producer Manufacturing

Commercial Services

Bolshoi Theatre Foundation

Bazovy Element LLC

Transstroy Engineering & Construction Co. Llc

Non-Energy Minerals

See company connections
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