Wednesday, March 5, 2008provided by
© AP Photo
 |
Oleg Deripaska
Russia
$28.0 bil
- Former metals trader survived the gangster wars in the post-Soviet aluminum industry.
- His holding company, Basic Element, now owns Russian Aluminum (UC Rusal), automobile manufacturer GAZ, aircraft manufacturer Aviacor and insurance company Ingosstrakh.
- In 2006 Rusal, SUAL and Glencore International, of Switzerland, merged their aluminum assets into the United Company Rusal, the world's largest aluminum producer.
- Married to a relative of Boris Yeltsin, Deripaska has been busy expanding UC Rusal's activities in Russia and abroad, moving it into aluminum production in Nigeria and China.
- To integrate vertically, he has signed agreements to produce coal in Kazakhstan and invest in a nuclear power plant in eastern Russia.
- Attempting to get a stake in Norilsk Nickel, which co-owner (and fellow billionaire) Vladimir Potanin is fighting.
Previous | Next
Back to Top 20 List
Copyrighted, Forbes.com. All rights reserved.