Vagit Alekperov

Azerbaijani businessman (born 1950)

Vagit Yusufovich Alekperov (Azerbaijani: Vahid Yusifoviç Ələkbərov, Russian: Вагит Юсуфович Алекперов; born 1 September 1950) is a Russian businessman of Azerbaijani origin and an oligarch. He was the president of the oil company Lukoil from 1993 until 2022.²

From Wikipedia’s article on Vagit Alekperov (this version), CC BY-SA 4.0.

Born Sep 1, 1950.¹

Net worth $20.7B (as of 2019, per The World's Billionaires).²¹ Richest people

About

As of March 2026, according to the Forbes magazine, Alekperov has an estimated net worth of US$29.5 billion, making him the third-wealthiest person in Russia and the eighty-first in the world. According to the Bloomberg Billionaires Index—dated 24 August 2026—Alekperov is positioned fifth among Russian billionaires and 125th globally, with a net worth of US$21.0 billion. The index records a year-to-date contraction of US$1.63 billion. Alekperov previously owned a 36.8% stake in football club Spartak Moscow. Fellow former Spartak owner Leonid Fedun is Alekperov's close associate. Alekperov also owned superyacht builder Heesen Yachts until 2022.

As part of the international governmental responses to the Russian invasion of Ukraine, the United Kingdom, Canada, Australia and New Zealand have imposed sanctions against Alekperov.

From Wikipedia’s article on Vagit Alekperov, shared under CC BY-SA 4.0.²

Companies

LukoilFounder²⁰
LukoilChief executive officer 1993 to 2022²⁰

Early life and education

Date not recordedAzerbaijan State Oil and Industrial University³

Career

Occupation: entrepreneur, engineer, economist.⁹

1993 to 2022Chief executive, Lukoil⁷
1993 to 2022CEO of Lukoil⁸
Date not recordedFounded Museum of International Numismatic Club⁴
Date not recordedFounded Lukoil⁵
Date not recordedFounded Our Future⁶

Personal life

BornSep 1, 1950, Baku¹⁰
CitizenshipAzerbaijan, Russia, Soviet Union¹¹
ResidenceMoscow¹²

Alekperov is married to Larisa Victorovna Alekperova and has a son, Yusuf, born in 1990. In 2023 he founded the WellTech company, which is engaged in the repair of LUKOIL wells.

Alekperov's hobby is numismatics. The exact composition of his collection is unknown, but according to some reports, it is one of the three largest private collections in Russia. In 2015, Alperov established a private Museum of Numismatics in the Zinoviev-Yusupov chambers in Moscow. It has more than 700 coins on display, about a quarter of the entire collection. The exposition consists of gold, silver, and platinum coins minted in Classical antiquity, the Byzantine Empire, the European Middle Ages, the Russian Empire, and the USSR.

From Wikipedia’s article on Vagit Alekperov (this version), CC BY-SA 4.0.

Philanthropy

In 2007, Alekperov founded The Foundation "Our Future" to promote social entrepreneurship in Russia.

Alekperov has repeatedly stated publicly and has confirmed that, according to his will, his stake in Lukoil (over 20% of the company) will be transferred to a specially created charitable foundation.

In 2020 coronavirus pandemic, Lukoil has donated more than RUB 652 million in 22 Russian regions and almost $900 000 dollars in its operation countries abroad. Alekperov also donated RUB 50 million of personal finances to fight coronavirus in the Republic of Komi.

From Wikipedia’s article on Vagit Alekperov (this version), CC BY-SA 4.0.

Awards

2021Order of Alexander Nevsky¹³
2020Friendship Order¹³
2019Dostyk Order of grade I¹³
2018Order of Friendship^{13 19}
2017Russian Federation Presidential Certificate of Gratitude¹³
2014Order "For Merit to the Fatherland", 2nd class^{13 18}
2013Order of Merit of Astrakhan Oblast^{13 17}
2011Commander of the Order of the Crown^{13 16}
2010Dostyk Order of grade II^{13 14}
2010Order "For Merit to the Fatherland", 3rd class¹³

More awards (29)

2010Order of Holy Prince Daniel of Moscow 1st class^{13 15}
2010Order of the Friendship of Peoples¹³
2010Russian Federation Government Certificate of Honour¹³
2010Sheref Order¹³
2008Commander of the Order of Merit of the Italian Republic¹³
2007Russian government prize for science and technology¹³
2006Order of the cavalier of Madara 1st degree¹³
2005Order "For Merit to the Fatherland", 4th class¹³
2002Order of Labour, 1st class¹³
2000Shohrat Order¹³
1998Russian government prize for science and technology¹³
1995Order of Friendship¹³
1986Order of the Badge of Honour¹³
Date not recordedGovernment Prize of the Russian Federation¹³
Date not recordedMedal "For the Tapping of the Subsoil and Expansion of the Petrochemical Complex of Western Siberia"¹³
Date not recordedOrder "For Merit to the Fatherland", 1st class¹³
Date not recordedOrder of Holy Prince Daniel of Moscow 2nd class¹³
Date not recordedOrder of Holy Prince Daniel of Moscow 3rd class¹³
Date not recordedOrder of Holy Prince Daniel of Moscow¹³
Date not recordedOrder of Merit of the Italian Republic¹³
Date not recordedOrder of St. Sergius of Radonezh 1st class¹³
Date not recordedOrder of St. Sergius of Radonezh 2nd class¹³
Date not recordedOrder of St. Sergius of Radonezh 3rd class¹³
Date not recordedOrder of St. Sergius of Radonezh¹³
Date not recordedOrder of the Crown¹³
Date not recordedOrder of the cavalier of Madara¹³
Date not recordedRussian Federation Presidential Certificate of Gratitude¹³
Date not recordedRussian Federation's Government Award¹³
Date not recordedhonorary citizen of the Volgograd region¹³

Sources

The numbers on this page point here. Each one links to the record it came from.

1
WikidataVagit Alekperov on Wikidata
2
WikipediaVagit Alekperov on Wikipedia
3
WikidataVagit Alekperov: education, on Wikidata
4
WikidataVagit Alekperov: Founded Museum of International Numismatic Club, on Wikidata
5
WikidataVagit Alekperov: Founded Lukoil, on Wikidata
6
WikidataVagit Alekperov: Founded Our Future, on Wikidata
7
WikidataVagit Alekperov: Chief executive, Lukoil, on Wikidata
8
WikidataVagit Alekperov: CEO of Lukoil, on Wikidata
9
WikidataVagit Alekperov: occupation, on Wikidata
10
WikidataVagit Alekperov: place of birth, on Wikidata
11
WikidataVagit Alekperov: citizenship, on Wikidata
12
WikidataVagit Alekperov: residence, on Wikidata
13
WikidataVagit Alekperov: award, on Wikidata
14
Wikidataaward, as reported by Kazakhstan Today
15
Wikidataaward, as reported
16
Wikidataaward, as reported
17
Wikidataaward, as reported
18
Wikidataaward, as reported
19
Wikidataaward, as reported
20
WikidataLukoil, Founder
21
WikidataNet worth

About

Companies

Early life and education

Career

Personal life

Philanthropy

Awards

Links

Sources