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Billionaire Index

A daily ranking of the world's richest people

Last updated: November 11, 2026 · $11.70T tracked

Methodology

No. 79Russia

Vagit Alekperov

Oil · Moscow

Net worth

$29.5B

Today

+$300+0.00%

Past month

+$64K+0.00%

As of Nov 11, 2026, 1:50 PM EST

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. Lukoil, of which he owns about 30%, was hit by U.S. sanctions in September 2014. Alekperov stepped down as the president of Lukoil in April 2022, a few days after being sanctioned by the U.K. Alekperov transferred his ownership in Dutch shipyard Heesen Yachts, where his 230-foot yacht Galactica Super Nova was built, to a dutch foundation in 2022.

Net worth over time

+0.00%+$64K over the past month
$29B$29B$29B
Oct 12Nov 11

Principal holdings

2 positions
CompanyShareValue

Private and other holdings

55.1%$16.2B

Lukoil Holdings

MICEX: LKOH-RU

44.9%$13.2B

Also known for

  • Alekperov penned a book called "Oil of Russia: Past, Present and Future."
  • Alekperov, who collects old coins, opened the International Numismatic Club in Moscow, where his collection is exhibited.
“I have devoted my whole life to work. I have no friends and acquaintances outside my business world.”