Vladimir Lisin Net Worth

Biography of Vladimir Lisin

Vladimir Sergeevich Lisin is an oligarch who made a billion-dollar fortune in steel and cargo transportation, the head of the industry giant, the Novolipetsk Iron and Steel Works (NLMK), the owner of the UCL corporation, the Lisya Nora sporting complex, and the head of the supervisory board of the Rumedea media holding.

Vladimir Sergeevich Lisin

Previously, he served as Deputy General Director of MK Karaganda, was a partner of the international provider of multimodal integrated logistics services Trans-World Group and a member of the collective management of many specialized companies.

Childhood and family of Vladimir Lisin

The future metallurgy magnate was born in the city of Ivanovo on May 7, 1956. During his school years, he studied well, was a calm, persistent and somewhat withdrawn child. In 1973, the young man – a student of the Siberian State Metallurgical Institute. S. Ordzhonikidze in the city of Novokuznetsk, Kemerovo region. Since 1975, he got a job as an electrician at the Yuzhkuzbassugol mine.

By nationality Vladimir Lisin is Russian

After graduating from the university in 1978, the young specialist was sent to Tula to a metallurgical plant, where at first he worked as a steelmaker, and then became the deputy head of the shop. In addition to practical activities, the enterprising engineer was also engaged in scientific work – in 1984 he completed his postgraduate studies at UkrNIImet in Kharkov.

Career development of Vladimir Lisin

At the age of 30, Vladimir became the chief engineer of a metallurgical giant in Karaganda, at the age of 33 he received the post of deputy to Oleg Soskovets, who at that time was the general director of this enterprise. In 1991, he was appointed head of the Minchermet, and his deputy moved to the capital after his boss. There he acquired contacts useful for business (with Cherny, Sam Kislin), studied at the Higher School of the Ministry of Economic Development. The following year, he was included in the management of the aluminum smelting plant in Sayanogorsk.

Vladimir Lisin quickly climbed the career ladder

Since 1993, he has been a business partner in the TWG (Trans-World Group) of the Reuben and Black clans. Since 1993, as a representative of this company, he has been in the ranks of the supervisory boards of a number of large specialized plants – Magnitogorsk, Krasnoyarsk, NLMK, Bratsk, Novokuznetsk aluminum smelting plant.

In addition, he continued to engage in raising the level of education, science, and his own developments in the field of casting and steel rolling. In 1994, he earned another diploma from the Academy of National Economy (RANEPA, after merging with an educational institution of the civil service). Then he studied for 2 years at the doctoral program at the National Research Technological University MISiS.

Business of Vladimir Lisin

After the resonant resignation of Soskovets from the post of Deputy Prime Minister (who oversaw 14 ministries), the TWG broke up. At that time, the businessman owned 13 percent of NLMK shares, and 34 percent in TWG. His former partners intended to bankrupt the company and sell it, dividing the profits. However, Lisin decided to intercept a controlling stake in the plant.

Vladimir Lisin Chairman of the Board of Directors of NLMK

He established Worslade Trading offshore and conducted financial transactions through it when exporting metal. Then, allegedly, in agreement with Vladimir Potanin (his structures managed the shares of foreign investors, including the American George Soros and one of the richest residents of New Zealand, the Chandler brothers), he bought out their 50 percent stake and became the owner of a 63 percent stake. Since 1998, he has become the head of HLMK.

Vladimir Sergeevich unexpectedly sold his shares in TWG to Potanin. Lisin decided not to buy them at an unreasonably high cost, but in retaliation he bought the securities of Norilsk Nickel, the main asset of his former, who turned out to be treacherous, partner Potanin. In 2001, he again surprised – he stopped unfriendly actions and conceded the disputed papers at the price of their purchase.

Vladimir Lisin and Vladimir Potanin

Vladimir Sergeevich, accordingly, also sold his shares in Norilsk Nickel. Both oligarchs subsequently engaged not in corporate wars, but in increasing the efficiency of production and labor productivity at their enterprises.

Vladimir Lisin – “I dream” to sell NLMK

In order to diversify the capital structure, in 2007 the businessman became a shareholder of Zenit Bank through Silener Management.

Personal life of Vladimir Lisin

The billionaire has been married for many years to his classmate Lyudmila, with whom they even sat at the same desk. They are happily married. He is classified as a person who is not inclined to advertise information about the family, for example, there is no data on the profession of parents, age and occupation of children on the global network. It is known that the couple raised three sons – Alexander, Vyacheslav and Dmitry.

Lyudmila – wife of Vladimir Lisin

His wife has been creating a systematic collection of works by Russian artists for more than 10 years. She owns the chamber painting gallery “Seasons”, located near the metro station Sretensky Boulevard in Moscow. There are often interesting exhibitions, usually works from closed private collections.

The idea to start collecting paintings came to her after her husband gave her the work of an original artist Kuzma Petrov-Vodkin. In one of the interviews, she admitted that she constantly strives to expand the circle of her knowledge in the field of art, which elevates the world of our being.

Vladimir Lisin has three children

According to the annual ranking of billionaires according to the American edition of Forbes-2016, the head of NLMK ranked 116th in the world and 8th among the richest Russians. Over the past 2015, his fortune has decreased from 11.6 to 9.3 billion dollars, that is, by $2.3 billion.

A businessman and an honorary metallurgist, he is the author of more than a hundred scientific papers, ten book editions, fifty inventions, including innovative methods in steel production. He is twice a doctor of economic and technical sciences.

Vladimir Lisin loves hunting

The tycoon loves his luxurious mansion in Scotland, cigars, reading literature, hunting and relaxing in his club in the Moscow region. His passion is not only shooting, but also a collection of more than two hundred samples of Kasli casting – architectural and artistic cast iron products made in the city of Kasli, Chelyabinsk Region.

Vladimir Lisin today

After financial difficulties associated with the crisis, in 2010 the tycoon, who can think globally and make the right decisions, again managed to increase NLMK’s financial performance. In 2011, with a capital of $ 24 billion, he became the wealthiest person in the Russian Federation.

Vladimir Lisin and Vladimir Putin

In 2012, the oligarch completed a deal to purchase state shares in the domestic railway carrier, Freight One, including it in his UCL logistics concern. The company has 3 subdivisions – railway, stevedoring and shipping, and unites the seaport of the Northern capital, a shipyard in Shlisselburg, Leningrad region, Okskaya shipyard and others. The deal was valued at $5.8 billion.

The oligarch is a supporter of the unification of metallurgical companies. In particular, earlier, together with Alexander Abramov, head of the Nizhny Tagil Iron and Steel Works (including the metallurgical and mining company Evraz with assets in the Russian Federation, Ukraine, the USA, South Africa, the Czech Republic and other countries), he created and headed Russian Steel.

Interview with Vladimir Lisin about transportation

In 2013, he was included in the leadership of the International Shooting Sport Organization (ISSF), in 2014 he became its vice president, and also took a similar position in the Russian Olympic Committee. He is also the head of the national Shooting Union, the European Shooting Confederation (ESC).