Welcome to our deep dive into the financial empire of one of Russia’s richest men, Vladimir Lisin. As a key figure in business and industry, Lisin’s story is a blend of ambition, savvy investing, and strategic decision-making.
Today, we will delve into the details of Vladimir Lisin net worth, how he built it, and where he stands in 2023.
What is Vladimir Lisin’s Net Worth and Salary in 2023?
As of 2023, Vladimir Lisin has an estimated net worth of $22.1 billion. His wealth primarily stems from his substantial 79.3% stake in Novolipetsk Steel, a publicly traded mining company based in Lipetsk, Russia.
Although his exact annual salary is not disclosed, it is evident that Lisin’s vast fortune places him among the wealthiest individuals in Russia and the world.
Vladimir Lisin’s Overview
Early Life
Vladimir Lisin was born on May 7, 1956. In 1975, he started working as a mechanic in a Soviet coal mine and later pursued higher education at the Siberian Metallurgic Institute.
After completing his studies, Lisin secured a job as a welder foreman at Tulachermet Metals Works.
Career
He began his journey as an electrical fitter in a Siberian coal mine in the mid-1970s before working as a steelworker in Central Russia.
After obtaining a metallurgical engineering diploma from the Siberian Metallurgic Institute in 1979, he joined Tulachermet Metals Works as a welder foreman.
Over the years, Lisin became section manager, shop manager in 1979, and deputy chief engineer in 1986. His expertise in metallurgy led him to hold various patents for metallurgical processes and publish over 100 articles on metallurgy and economics.
In 1992, Lisin joined a group of traders known as the Trans-World Group, eventually gaining control of Russia’s steel and aluminum industry. When the partners split in 2000, Lisin received a 13% stake in the firm, later achieving a controlling share.
His former boss became the Minister for Russian Metallurgy, and Lisin took over as the sole owner of Novolipetsk Steel (NLMK) in 2000.
Today, NLMK is one of Russia’s four largest steel companies, exporting steel to Europe, Southeast Asia, the Middle East, and the US.
Lisin’s business interests extend beyond steel, encompassing transportation, logistics, energy, and utilities.
He holds stakes in St Petersburg Sea Port, Tuapse Commercial Sea Port, North-Western Shipping Company, Volga Shipping Company, Chernomorneftegaz, Severneftegaz, Federal Grid Company, and Distribution Grid Company of Center.
These assets are predominantly controlled via Fletcher Group Holdings.
Personal Life
Vladimir Lisin is married to Lyudmila Lisina, and they have three children together. In 2005, Lisin purchased the historic 17th-century Aberuchill Castle and its surrounding estate in Perthshire, Scotland, as reported by Bloomberg L.P.
Sports
Vladimir Lisin is also an avid enthusiast of shooting sports. Since he was 14, he has been actively involved in the sport and its management.
Lisin served as the President of the Russian Shooting Union since 2002 and led the European Shooting Confederation (ESC) from 2009 until October 2021.
He was also a member of the ISSF Administrative Council from 2009 to 2013 and later became a member of the ISSF Executive Committee in 2013.
In November 2018, Lisin was elected president of the International Shooting Sport Federation (ISSF), succeeding Olegario Vázquez Raña, who had held the position for 38 years.
Besides his administrative roles, Lisin has contributed to developing shooting sports by building one of Europe’s largest shooting-range complexes in Lisya Nora, near Moscow.
Despite facing sanctions due to the 2022 Russian invasion of Ukraine, Lisin remains committed to the sport and holds his position as the ISSF President.
Why is Vladimir Lisin Famous?
Vladimir Lisin is renowned for his meteoric rise from humble beginnings as a mechanic in a Soviet coal mine to becoming one of the wealthiest individuals in Russia and the world.
His fame primarily stems from his majority ownership of Novolipetsk Steel, a leading steel company based in Lipetsk, Russia, which exports its products globally.
Besides his business ventures, Lisin is known for his passion for shooting sports, holding various leadership positions within the sport’s international organizations. His remarkable journey and diverse interests have made him a prominent figure in business and sports.
FAQs about Vladimir Lisin
How old is Vladimir Lisin?
Vladimir Lisin age is 67 years old.
How tall is Vladimir Lisin?
Vladimir Lisin height is 1,6 m.
Who is the richest Russian in the world?
Andrei Melnichenko, founder of fertilizer business EuroChem Group and ex-beneficiary of coal energy corporation SUEK, was the wealthiest Russian.
How many billionaires are in Russia?
Forbes’ Russian edition reports 110 official billionaires in Russia, an increase of 22 from last year’s list.
How much is Lyudmila Lisina net worth?
With a net worth of roughly $27 Billion in 2023, Vladimir Lisin is the President of the International Shooting Sport Federation.
Conclusion
We hope you’ve found this exploration of Vladimir Lisin’s financial empire intriguing and informative. The story of his wealth, creation, and standing in 2023 provides a compelling look into the intricate world of global finance and business.
But the world of wealth and celebrity net worth does not stop here. We have many articles on World Celebrity Net Worth, from movie stars and athletes to tech moguls and authors.
