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Richest People in Russia 2014 | Top 10

9Vagit Alekperov – Net worth – $14 billion

Born on September 1, 1950, Vagit Alekperov is an Azerbaijani and Russian businessman and currently a President of the Russia’s largest independent oil company, LUKOIL.

Last year, 21% of LUKOIL went to his son, Yusuf. Same year, Vagit started to sell his financial assets to Financial Corporation Otkrytie, which is owned by Vadim Belyaev.

A former Caspian Sea oil rig worker, Vagit Alekperov became a deputy minister in the Soviet oil industry.
He bought shares of ExxonMobil using borrowed money, but when the price went up, he sold 3% and earned $350 million. A pretty amount!

Source of wealth: LUKOIL

NEXT: #8 Gennady Timchenko

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