Vagit Alekperov Net Worth

Vagit Alekperov was born on September 01, 1950 in Moscow, Russia, Russia. A former Caspian Sea oil rig worker, Vagit Alekperov became a deputy minister overseeing the oil industry in the Soviet Union. In 1991 he took three large ministry-controlled oil fields and set up Lukoil, now Russia's largest independent oil company. Alekperov penned a book called "Oil of Russia: Past, Present and Future." He is the founder of the foundation of regional social programs "Our Future," which promotes social entrepreneurship. He received nearly $600 million in dividends in 2016.
Vagit Alekperov is a member of Energy

Age, Biography and Wiki

Birth Day September 01, 1950
Birth Place Moscow, Russia, Russia
Birth Sign Libra
Residence Moscow, Russia
Alma mater Azerbaijan State Oil Academy
Occupation Chairman of the supervisory board of Basic Element Company
Awards Order "For Merit to the Fatherland" (2nd class) Order "For Merit to the Fatherland" (3rd class) Order "For Merit to the Fatherland" (4th class) Order of Friendship Order of the Badge of Honour Order Of The Madar Horseman (1st class) Order of the Crown (Commander) Shohrat Order Order of Friendship (2nd class)

💰 Net worth: $28.8 Billion (2021)

2009 $7.8 Billion
2010 $10.6 Billion
2011 $13.9 Billion
2012 $13.5 Billion
2013 $14.8 Billion
2014 $13.6 Billion
2015 $12.2 Billion
2016 $8.9 Billion
2017 $14.5 Billion
2018 $17.08 Billion



Alekperov graduated in 1974 from Azerbaijan Oil and Chemistry Institute. As a student he also worked as a drilling operator in Kaspmorneft, a Caspian regional production company.


Alekperov moved to Western Siberia in 1979 and worked at Surgutneftegaz between 1979 and 1985, earning his reputation as an industry expert. He was ascending positions and by 1985 became first deputy general Director of Bashneft production company. In 1987, he became general Director of the newly created production company Kogalymneftegaz.


Alekperov is married to Larisa Victorovna Alekperova and has a son Yusuf born in 1990.


As deputy minister of the oil and gas industry of the Soviet Union, Alekperov was engaged in the formation of the first vertically integrated state-owned Energy company, Langepas-Uray-Kogalymneft, which was established in late 1991 as a subsidiary of the Ministry of Fuel and Energy. In April 1993, Langepas-Uray-Kogalymneft became LUKoil Oil Company, with Alekperov as its President.


LUKoil has been the first Russian company to acquire an American company. In November 2000, LUKoil acquired Getty Petroleum Marketing and its 1,300 gas stations in the United States Like many other Russian Oligarchs, Alekperov has also moved into banking and media. In May 2006 Alekperov was one of the two main owners of IFD Kapital Group.


As of 2018 he is rated by Forbes magazine as the sixth richest person in Russia with a net worth of $17.2 billion and the 74th richest person in the world.