Oleg Deripaska
Oleg Vladimirovich Deripaska (Russian Олег Владимирович Дерипаска; born January 2, 1968 in Dzerzhinsk, Nizhny Novgorod Oblast ) is one of the latest Russian oligarchs and with an estimated fortune of 8.8 billion U.S. dollars of the fourteenth richest man in Russia.
Life
Oleg Deripaska studied business administration at the Plekhanov Academy of Economics Moscow and Physics at the Moscow State University.
After the collapse of the Soviet Union began his career at the commodities exchange in Moscow. He specialized in the trading of aluminum and aluminum stocks. He laid the foundation of his fortune. With the earned money so he bought workers throughout Russia shares from work, such as at the company Sajansk aluminum. At the age of 26, he was already so went up to the supervisory board this aluminum company. Oleg Deripaska's investment in highly profitable Russian metal trade meant that emerged from aluminum Sajansk the Siberian Aluminium Group ( SIBAL ). In 2000 merged SIBAL and the aluminum holdings of Sibneft Group, whose owner Roman Abramovich is a good friend Deripaska to RUSAL, the world's largest aluminum company today ( after the merger of RUSAL and SUAL in May 2007). Deripaska managed within only six years to bring the largest Russian automobile manufacturer GAS out of the red.
In recent times, Deripaska is competing with Vladimir Potanin, another Russian oligarch, for supremacy in Norilsk Nickel. Both currently hold 25% stake in the Russian mining group
Investments
About the located to 100 percent in his possession investment company and asset holding Basic Element, Deripaska controls his company holdings, such as:
- 66 % of RUSAL
- According to a report in the newspaper Vedomosti, which was published in August 2007, Oleg Deripaska has bought about five percent of General Motors shares on the open market. He does not plan to increase this share further.
- Several smaller stakes in power producers, aircraft companies and timber companies, to hedge its aluminum empire serve (eg cheap electricity for aluminum plants ).
- In 2010, Deripaska acquired recently a 17 % share of the Austrian construction company Strabag and has until 2014 an option for a further 8%. Strabag will in turn receive a 26 % stake in the leading road construction company Transstroy. Deripaska had already before the financial crisis, 25 %, had this but resell.
Policy
Oleg Deripaska is one of the Russian oligarchs who prefer to avoid political activities. He is said to have very good relations with Russia's President Vladimir Putin.
In an interview with the Spanish newspaper El País Deripaska criticized the market reforms of former Russian Prime Minister Yegor Gaidar 1992-1994 and recommended China and Japan as a model. The American model of development he refuses, because it promotes the desire for enrichment at any price.
Trivia
Deripaska is married to Paulina Jumaschewa, whose father is Valentin Yumashev former head of the presidential Yeltsin and married his second wife, Tatyana Dyachenko, daughter of Boris Yeltsin. Together they have two children.
In September 2006, Deripaska attracted attention when he announced that he would want the English Premier League club Arsenal FC take over for 350 million U.S. dollars. The offer was rejected by Arsenal. In the fall of 2012, there were again rumors that Deripaska wants to buy shares in AC Milan, but this was denied by the people of his environment.
As Deripaska had financed the construction of his business empire largely of loans, he suffered, like the majority of Russian tycoons, due to the financial crisis from September 2008, huge losses. Deripaska had to get to international corporate groups in this context of multiple investments. Among them was a 25% stake in the Austrian company Strabag, which he had purchased for more than 1 billion euros in 2007.
2011 Deripaska was suspected by Spanish law enforcement authorities to have committed together with the Uzbek businessman Iskander Makhmudov money laundering.
Today Deripaska lives with his family in Moscow.