Age, Biography and Wiki

Oleg Deripaska (Oleg Vladimirovich Deripaska) was born on 2 January, 1968 in Dzerzhinsk, Russia, is a Russian businessman. Discover Oleg Deripaska's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 56 years old?

Popular As Oleg Vladimirovich Deripaska
Occupation Founder of RUSAL Founder of Volnoe Delo Founder of Basic Element
Age 56 years old
Zodiac Sign Capricorn
Born 2 January, 1968
Birthday 2 January
Birthplace Dzerzhinsk, Russian SFSR, Soviet Union
Nationality Russia

We recommend you to check the complete list of Famous People born on 2 January. He is a member of famous with the age 56 years old group. He one of the Richest who was born in Russia.

Oleg Deripaska Height, Weight & Measurements

At 56 years old, Oleg Deripaska height not available right now. We will update Oleg Deripaska's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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Who Is Oleg Deripaska's Wife?

His wife is Polina Yumasheva (m. 2001-2018)

Family
Parents Not Available
Wife Polina Yumasheva (m. 2001-2018)
Sibling Not Available
Children Maria Deripaska, Pyotr Deripaska

Oleg Deripaska Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Oleg Deripaska worth at the age of 56 years old? Oleg Deripaska’s income source is mostly from being a successful . He is from Russia. We have estimated Oleg Deripaska's net worth , money, salary, income, and assets.

Net Worth in 2023 3 billion USD (2020)
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income

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Timeline

2020

As of February 2020, his wealth was estimated by Forbes at $4.5 billion.

2019

Deripaska himself has been an active supporter Japanese production efficiencies made popular by the "Toyota Way." RUSAL smelters have adopted the concept of kaizen, which means continuous improvement and involves training workers in standardized production techniques. "It's important to change both the company’s mind set and reporting lines," Deripaska said. "Instead of top-down management, you should understand everything is in the hands of your operator and empower that operator to drive efficiencies and improvements directly on the factory floor."

In January 2019, the U.S. Treasury lifted the sanctions on companies formerly controlled by Deripaska. Sanctions on Deripaska himself remained in effect. In April 2019, the U.S. Treasury Department nonetheless allowed Deripaska to transfer 10.5 million shares of his holding company En+ Group to a trust fund for his children as part of a divorce settlement with his ex-wife Polina Yumasheva, which had been finalized before the sanctions were put in place. The deal to have U.S. sanctions removed from En+ Group was brokered by Greg Barker, a UK legislator, who in February 2019 went on to be appointed chairman of En+ Group.

In March 2019, Deripaska sued the United States on Friday, alleging that it had overstepped its legal bounds in imposing sanctions on him and made him the “latest victim” in the U.S. probe into Moscow’s alleged election interference.

2018

Deripaska stepped down from RUSAL in May 2018 the day after seven board members and the chief executive resigned. The move was part of a deal with the US Treasury to get U.S. sanctions removed from the company. As part of that deal, in February 2019 it was announced that Deripaska had reduced his ownership stake in EN+ to below 50% in order to obtain sanctions relief.

In July 2006, whilst Deripaska was involved in a bid to buy the Daimler Chrysler Group, it was reported that the United States canceled his entry visa; the unnamed official declined to give a reason for the revoking of the visa. The Wall Street Journal reported that it could have been because Deripaska has been accused of having links to organized crime in Russia and cited as their sources two unnamed U.S. law enforcement officials. The New York Times reported on 27 August 2018 that the visa had been revoked on concerns Deripaska might attempt to launder money through real estate transactions. Deripaska had received a multiple-entry visa in 2005; a U.S. Federal Bureau of Investigation spokesman refused to comment. Lobbying on his behalf had been done by former Senate Republican leader and 1996 presidential candidate Bob Dole and his law firm, Alston & Bird, Senate records show. Alston & Bird was paid about US$260,000 in 2005 for work on "Department of State visa policies and procedures" tied to Deripaska.

In February 2018, Alexei Navalny published a video about a meeting between Deripaska and Deputy Prime Minister of Russia Sergei Eduardovich Prikhodko on a yacht traveling near Norway. According to Navalny, Deripaska probably served as a middle man between the Russian government represented by Prikhodko and Paul Manafort during Russian interference in the 2016 United States elections. Prikhodko denied the allegations, accusing Navalny of "mixing the facts" about his "friend" Deripaska, Donald Trump and Paul Manafort, while also voicing his wish to have talk with Navalny as a "man with a man".

A day after the video was published the Roskomnadzor added the video to the Federal List of Extremist Materials, thus making accessing the video illegal for all Russian citizens. It also ordered YouTube to remove seven videos and Instagram to take down 14 points that were cited in the investigation; neither YouTube nor Instagram had responded as of 12 February 2018. According to a Roskomnadzor representative who spoke to Vedomosti, a "court injunction of this sort against content hosted on Instagram and YouTube is unprecedented for Russia". The New York Times noted that this may presage a "more aggressive approach by the Russian government" to control online activities.

In April 2018, the United States imposed sanctions on Oleg Deripska and 23 other Russian tycoons and officials. The statement of the United States Department of the Treasury said that Deripaska "ha[d] been accused of threatening the lives of business rivals, illegally wiretapping a government official, and taking part in extortion and racketeering".

In October 2018, the U.S. Treasury announced it had extended until 12 December a deadline for the full imposition of sanctions against Rusal and its parent company En+ Group, pending the review of the proposals presented by En+ Group to the U.S. government that would see Deripaska reduce his stake in En+ to below 45 per cent from around 70 per cent.

In March 2018, it was reported that Deripaska had successfully purchased Cypriot citizenship in 2017 under Cyprus' "golden visa" that generates billions of revenue for the island nation.

2017

As the founder of the Volnoe Delo foundation, he is reported to have donated more than $250 million to mostly educational causes. He was married to Polina Yumasheva, step-granddaughter of former Russian President Boris Yeltsin and daughter of Valentin Yumashev, Yeltsin's son-in-law and close advisor. They were divorced in 2017.

Deripaska was also granted Cypriot citizenship in 2017.

In 2017, it reported adjusted core earnings of $2.3 billion on revenues totaling $9.8 billion. In November 2017 En+ was listed on the London Stock Exchange.

In 2017, Rusal issued two Eurobonds to finance its debts. The first one, worth $600 million, was issued in February, followed by the second one in April, worth $500 million. Also in February, plans were announced to sell 10 billion yuan worth of seven-year onshore bonds to finance purchases in China. This made Rusal the first foreign company to offer panda bonds on the Shanghai Stock Exchange. The company also agreed on a pre-export finance mechanism with international lenders worth $1.7 billion for debt refinancing.

On 22 March 2017, the Associated Press published a report alleging that Paul Manafort, Donald Trump's former presidential campaign manager, negotiated a $10 million annual contract with Deripaska to promote Russian interests in politics, business, and media coverage in Europe and the United States, starting in 2005. Both Deripaska and Manafort confirmed working together in the past, but rejected the contents of the AP story. Manafort argued that his work had been inaccurately presented, and that there was nothing “inappropriate or nefarious" about it.

Responding to the allegations, on 28 March 2017 Deripaska published open letters in the print editions of The Washington Post and The Wall Street Journal in which he denied having signed a $10 million contract with Manafort in order to benefit the Putin government. He also stated willingness to testify before the United States Congress about these allegations, and argued that the accusations were part of "the negative context of current US-Russian relations." Congressional sources cited by The New York Times said lawmakers declined Deripaska's request after he had asked for immunity. Unnamed officials argued that "immunity agreements create complications for federal criminal investigators".

On 15 May 2017, Deripaska filed a defamation and libel lawsuit against the Associated Press in U.S. District Court in D.C., arguing that the report falsely claimed that Deripaska had signed a contract with Manafort to advance the goals of the Russian government. The lawsuit was dismissed in October 2017 on the grounds that Deripaska had not disputed "any material facts" in the story by the Associated Press.

Deripaska was married to Polina Yumasheva, the daughter of Boris Yeltsin's top adviser Valentin Yumashev and stepdaughter of Yeltsin's daughter Tatyana. While Yeltsin was president, Deripaska's close ties put him in Yeltsin's inner circle, dubbed "The Family". In 2017 Deripaska and Yumasheva had divorced. The Deripaskas have two children: a son, Pyotr (born 2001), and daughter, Maria (born 2003). Deripaska practices yoga, swimming, horseback riding, and hiking. At his home near Moscow, he has seven horses and six dogs.

2016

Deripaska actively advocates cutting the global carbon footprint and calls for the creation of an enforcement mechanism with consequences for countries that do not reduce carbon-intensive emissions, such as those produced by coal-fired powerplants. He also remains a strong advocate of a legally binding climate change deal, but has publicly voiced concern about the potential competitive impact of a Paris climate agreement and also about the absence of binding measures to curb each country's emissions in the near future. "Everyone is in favour; we just need to have more or less fair regulation. There shouldn't be any pockets where people can cheat the system. People shouldn't agree on something that creates another Kyoto protocol that creates nice polished statements", he told the Financial Times in January 2016.

During the 2016 Presidential campaign, it is alleged that Manafort, via Kiev-based operative Konstantin Kilimnik, offered to provide briefings on political developments to Deripaska Behaviors such as these were seen as an attempt by Manafort to please an oligarch tied to Putin's government.

Fearing her own death while incarcerated in Bangkok, Anastasia Vashukevich, a Belarusian citizen who claimed to have an intimate history with Deripaska, claimed to have over 16 hours of audio recordings she said could shed light on possible Russian interference in American elections. She offered the recordings to American authorities in exchange for asylum, but was deported and arrested in a Russian airport. Vashukevich said the recordings from August 2016 include Deripaska discussing the United States presidential election with three English-speakers who Vashukevich believed were American. "Deripaska had a plan about elections," Vashukevich said. In court, Vashukevich apologized to Deripaska, and said Russian agents visited her in jail to urge her to cease public statements about him. The New York Times argued that her claims might be easily dismissed were it not for the Navalny video. Deripaska denies an intimate history with Vashukevich.

2015

RUSAL went on to become the largest aluminium producer in the world, until the China Hongqiao Group surpassed it in 2015. In 2010, under Deripaska's leadership, Rusal became the first Russian company to be listed on the Hong Kong Stock Exchange.

United Company RUSAL is the world's second largest aluminium company. It was the largest until it was overtaken by China Hongqiao Group in 2015. In 2019, Rusal was overtaken by China's Chalco as the second biggest listed producer of aluminium. As of 2018, UC RUSAL accounts for 5.8% of the world's primary aluminium output and 6.2% of the world's alumina production. The company employs over 62,000 in twenty countries on five continents.

In 2015, Deripaska filed a lawsuit against Morgan Stanley, accusing the bank of using insider information to short sell the businessman's $1.5 billion investment in shares of Canadian-based Magna International in 2008.

Forbes estimated his fortune at $3.3 billion in 2015, $5.2 billion in 2017, and $3.3 billion in 2019.

2014

Basic Element built several Olympic facilities for 2014 Winter Olympics in Sochi, including the Coastal Olympic Village, Imeretisnkiy sea port, Doubler of Kurortny Avenue in Sochi, renovation of the Sochi International Airport. The total investments account for over $1.4 billion.

These airports handle more than 7% of the total passenger flow in Russia. Sochi International Airport was the main gateway to Sochi 2014 Winter Olympics and successfully serviced the guests and participants of the Games.

In October 2014, Sochi was granted open skies status, meaning that any foreign carrier may pick up and drop off passengers and cargo with no restrictions on aircraft type, frequency, and regardless of interstate agreements.

In 2014, Volnoe Delo foundation launched a programme on students' early career guidance and professional training—JuniorSkills. The first, pilot, championship on professional skills, JuniorSkills Hi-Tech, was held in the Urals city of Yekaterinburg in 2014, part of the nationwide championship on cross-industry blue-collar professions in high-tech WorldSkills.

In February 2014, Deripaska financed the construction of makeshift kennels to house stray dogs that had been abandoned by construction workers after completing work on the Sochi Olympic Village. Officials said the number of strays exceeded 2,000 and the animals presented a risk of rabies, so they contracted out their extermination. Many of these dogs were saved and more were re-homed in a global adoption program that Deripaska created.

2013

In 2013, Deripaska was awarded the "Aluminium Industry Ambassador Award" in the Metal Bulletin Awards for Excellence for his "great influence within the global aluminium industry and the wider market".

2012

In September 2012, Cherney terminated his UK lawsuit against Deripaska.

2011

At a June 2011 case management conference, the judge deferred a decision on whether Cherney would be allowed to give evidence by video link from Israel rather than appear in person. An outstanding arrest warrant issued by Interpol meant that the British would detain him if he travelled to the UK. In late July 2011, the High Court ruled to allow Cherney to give evidence at the trial by video link from Israel, and also set trial for April 2012. Deripaska denied that Cherney was owed any stake in RUSAL, and asserted payments made to Cherney had been for unavoidable "protection" at a time when violence was sweeping the region and posed an existential threat to any profitable business in the country. In an interview with The Telegraph, Deripaska said he was one of the few who worked to clean up Russian industry and provided support to law enforcement agencies. However, in this early chaotic period paying protection money to criminal gangs was inescapable, as revealed in court testimony.

In November 2011, Spain's High Court sent the criminal cases against Deripaska to the Russian General Prosecutor's office because the root of the cases is Russian.

2010

On 25 January 2010, the Financial Times published a story titled "Rusal: A lingering heat" exploring Deripaska's business relations with Sergei Popov and Anton Malevsky, alleged heads of Russian organized crime groups. Deripaska has accused Michael Chernoy of using Malevsky and the Izmailovskaya syndicate to extort US$250 million from him as part of a protection racket. However, Deripaska has himself been accused of having similar links to Malevsky, who, with his brother Andrei, owned a 10% stake in Deripaska's company. Deripaska denies the claims.

2009

In the middle of the financial crisis, Deripaska returned in 2009 to RUSAL as CEO to lead the company through the debt restructuring process. "I worked 16-hour days. We were in default, although none of the parties involved wanted to call it default." As part of contingency measures, Deripaska cut costs at RUSAL by 25% in 2009. By December 2009, Deripaska reached a final agreement with over 70 Russian and international lenders to refinance US$17 billion of debt.

In 2009, Deripaska was again allowed entry and visited the United States twice. The Wall Street Journal reported that according to two unnamed FBI administration officials, Deripaska met with agents regarding a continuing criminal probe, the details of which were not known or reported. During Deripaska's visits, he met with leading management figures from investment banks Goldman Sachs and Morgan Stanley. The aluminum company that Deripaska headed, United Company RUSAL, was in preparations for an initial public offering. The easing of Deripaska's visa issues, which were an issue for possible investors, helped to reassure bankers. The State Department has never said why it revoked his visa and refused to comment on his 2009 visits. The visits were arranged outside of the usual process as the U.S. continues to have concerns about Deripaska's business associations. Deripaska has repeatedly denied a connection to any organized crime and said business rivals have caused the visa to be revoked by smearing him. When interviewed by the BBC in July 2009, Deripaska said that the authorities in the United States had been attempting to blackmail him by revoking his visa and thus affecting possible investors in a negative way and thereby hoping to push Deripaska into cooperating with them.

2008

Deripaska is one of the 16 global business leaders who drafted CEO Climate Policy Recommendations to G8 Leaders, a document outlining the international business community's proposals to tackle global warming. The proposals were signed by more than 100 of the world's leading corporations and handed to the Prime Minister of Japan Yasuo Fukuda on 20 June 2008. The G8 leaders discussed the recommendations during the summit in Japan on 7–9 July 2008. The process was coordinated by the World Economic Forum in collaboration with the World Business Council for Sustainable Development.

On 3 July 2008, Justice Christopher Clarke ruled that the case should be tried in England, although "the natural forum for this litigation is Russia", because, he held, "risks inherent in a trial in Russia...are sufficient to make England the forum in which the case can most suitably be tried in the interest of both parties and the ends of justice". On 22 July 2008, he granted Deripaska the right to appeal. The Court of Appeal of England and Wales rejected the appeal on 31 July 2009.

In September 2008, Magna's stocks plummeted, hit by the global economic downturn. BNP issued a $93 million margin call to Veleron. Morgan Stanley, in turn, learned that Veleron was unlikely to meet the call and sold the stock short. Deripaska claimed that Morgan Stanley abused its duties and engaged in unlawful insider trading that resulted in significant financial damage to Veleron, estimated at $15 million to $25 million. A New York jury determined in November 2015 that Morgan Stanley had "acquired inside information and traded on it despite a duty to keep it confidential and not trade on it," finding as well that Morgan Stanley did not have the intent to defraud Veleron. Veleron strongly disagreed with and said it would file an appeal.

Deripaska is a friend of Nathaniel Rothschild, a major investor in both Glencore and United Company RUSAL. Together Deripaska and Rothschild hosted George Osborne and Peter Mandelson on Deripaska's yacht in Corfu in the summer of 2008. Osborne was then Shadow Chancellor of the Exchequer of the United Kingdom and a friend of Rothschild from school and university. Peter Mandelson has reportedly maintained private contacts over several years with Oleg Deripaska

News of the contacts sparked criticism because, as European Union Trade Commissioner, Mandelson had been responsible for decision to cut aluminium tariffs from 6 to 3%, a decision that had benefited Deripaska's Company RusAl. Mandelson insisted that he had never discussed aluminium tariffs with Deripaska. On 26 October 2008 the Shadow Foreign Secretary William Hague claimed the "whole country" wanted "transparency" about Mandelson's previous meetings with Deripaska. In response, Prime Minister Gordon Brown said Mandelson's dealings with Deripaska had been "found to be above board". Mandelson said that meeting business figures from "across the range" in emerging economies was part of his brief as EU Trade Commissioner. On 29 October 2008, while Mandelson was on a ministerial visit to Moscow, it was alleged in the British press that Valery Pechenkin, the head of security at Deripaska's company Basic Element, organised a swift entry visa for Mandelson when he came to Moscow to visit Deripaska in 2005.

2007

He has been a permanent participant at World Economic Forum sessions since 2007, when RUSAL became a WEF strategic partner.

In May 2007, Magna International chairman Frank Stronach announced that Deripaska was becoming a strategic partner in Magna.

Michael Cherney brought legal action against Deripaska in the Commercial Court of the High Court in London. Cherney sought a declaration that he was the beneficial owner of 20% of RUSAL stock which, he claimed, Deripaska held in trust for him. The claim was denied. On 3 May 2007, Justice Langley ruled that Deripaska had not been properly served, and that the court had no jurisdiction to try the claim as Deripaska did not live in England or Wales.

In 2007, Deripaska's Veleron investment vehicle acquired stock in Magna through a $1.2 billion loan from BNP Paribas, with Magna shares serving as collateral. Morgan Stanley was involved in the deal through a swap agreement with BNP Paribas where the US bank assumed the risks of the loan in return for a fixed payment from Paribas.

2006

The group was formed in 2006, with Oleg Deripaska as President and controlling shareholder. The En+ Group is a diversified mining, metals and energy group. It owns a majority stake in UC Rusal (48.13%) and in EuroSibEnergo. En+ also holds interests in SMR, one of the world's largest ferromolybdenum producers.

2005

Russian Machines corporation was established in 2005 and unites Oleg Deripaska's machine building assets. It comprises industrial and engineering assets in the following industries: automotive OEM (GAZ Group), automotive components (RM-Systems), rail industry (RM Rail), aircraft OEM (Aviacor), road construction (RM-Terex) and agricultural machinery (AGCO-RM).

2004

In 2004, Deripaska was appointed by the President of Russia to represent the country in the Asia-Pacific Economic Cooperation Business Advisory Council (ABAC). He has been Chairman of ABAC Russia since 2007. Deripaska is the vice president of the Russian Union of Industrialists and Entrepreneurs, chairman of the executive board of the Russian national committee of the International Chamber of Commerce and a member of the Competitiveness and Entrepreneurship Council, an agency of the Russian government.

Volnoe Delo has supported research activities in the 2,550-year-old city of Phanagoria since 2004. More than $10 million has been allocated to Phanagoria fieldwork over the past 14 years. Today, Phanagoria is one of the best-equipped archeological expeditions in Russia and has its own scientific and cultural center, cutting edge equipment and technology for above-ground and underwater excavation as well as a large team of specialists involved in the excavation process.

2000

After graduating from Moscow State University with a degree in physics, Deripaska became a metals broker specialized in trading aluminium before expanding into energy, machinery, financial services and agribusiness. In 2000, Deripaska founded Rusal, the result of a partnership between Sibirsky Aluminium and Roman Abramovich's Millhouse Capital. In 2007, Rusal merged with SUAL Group and Glencore International AG to form UC Rusal, with Deripaska as chairman.

In order to ensure a stable supply of alumina to its smelters, several mergers and acquisitions were accomplished by RUSAL under Deripaska. At the beginning of the 2000s, RUSAL acquired bauxite mines in Guinea, a country with the world's largest bauxite reserves. Subsequently, RUSAL acquired a stake in an alumina refinery in Australia. At Deripaska's behest, in 2007, RUSAL, SUAL Group, one of the world's top 10 aluminum producers; and Glencore International AG, the Swiss natural resources group, merged their assets to form United Company RUSAL, the world's largest aluminum and alumina producer.

In 2000, Deripaska started acquiring machine building assets. His first acquisition was Nizhny Novgorod-based Gorkovsky Automobile Plant (GAZ), which was previously a government-run company. In 2005, GAZ Group was established by combining the businessman's machine building assets.

1999

He sits on the board of trustees of the School of Business Administration, the School of Public Administration, and the School of Economics at Moscow State University as well as the School of Business Administration at St. Petersburg State University. Deripaska is a co-founder of the National Science Support Foundation and the National Medicine Fund. In 1999, he was awarded the Order of Friendship, a state award of the Russian Federation. He was named businessman of the year in 1999, 2006, and 2007 by Vedomosti, a Russian business daily.

1998

In 1998, Deripaska established Volnoe Delo, Russia's largest private charitable foundation. The fund supports over 400 initiatives across Russia aimed at developing education and science, preserving spiritual and cultural heritage, and improving standards in public health. It helps children, old people, talented youths, teachers, eminent scientists and other participants of the programs. Since 1998, Oleg Deripaska has invested more than RUB10.6 billion in more than 500 charity programs in 50 regions of Russia.

1997

Deripaska is the founder Basic Element, a diversified investment group established in 1997 which has been managing investments in the following sectors: energy, metals and mining, machinery, financial services, agriculture, construction, and aviation. The major investments under Basic Element management included stakes in United Company RUSAL (the world's largest aluminium and alumina producer), GAZ Group (an automotive company), Aviakor aircraft manufacturer, EuroSibEnergo (ЕвроСибЭнерго (an energy supply company) Glavmosstroy (Главмосстрой) (a construction company) Kuban Agroholding (an agricultural company) and Basel Aero (an aviation business comprising the three largest airports in the Krasnodar territory, and a joint venture with Changi Airports International).

1994

In 1994, Deripaska became director general of the plant at the age of 26. In 1997, he founded Sibirsky (Siberian) Aluminium Group, which in 2000 merged with Roman Abramovich's Millhouse Capital to create RUSAL. In 2003, businesses led by Deripaska increased their stake in those companies under common management to 75% by acquiring half of the interest managed by Millhouse Capital. In 2004, the consolidation of RUSAL's ownership by companies related to Deripaska was completed with the acquisition of the remaining 25% equity interest in RUSAL managed by Millhouse Capital.

1993

In 1993, Deripaska graduated with honors in physics from Moscow State University; however, the collapse of the Soviet Union greatly eliminated academic funding and made it impossible for him to continue his studies as a theoretical physicist. There were no stipends or grants for students either. "We had no money. It was an urgent and practical question every day. How do I earn money to buy food and keep studying?" he recalls. In 1996, he earned a master's degree from the Plekhanov University of Economics.

He used nearly all his arbitrage and trading profits to acquire his initial package of shares in the Sayanogorsk aluminium smelter in Southern Siberia. Between 1993 and 1994, Deripaska bought vouchers and shares in Sayanogorsk, and accumulated a 20% stake in the factory, becoming the biggest individual shareholder after the Russian State—to the annoyance of the plant's Communist-era bosses.

1985

Deripaska's first job was at the Ust-Labinsk plant where his mother worked. At age 11, he became an electrician's apprentice doing maintenance on electrical motors. Deripaska acquired a passion for reading; his favorite authors were Mayne Reid and Jack London. Today, Basic Element's headquarters contain walls of books, reflecting Deripaska's lifelong love of reading. His talent for math allowed him to enroll at the physics faculty of Moscow State University in 1985. One year into his studies, he was conscripted into the armed forces and served in the Soviet army's Strategic Missile Forces in the Trans-Baikal area, Siberia, from 1986–1989.

Under Deripaska's leadership, RUSAL constructed and commissioned Khakas aluminium smelter outside of Sayanogorsk in Russian Siberia. The Khakas facility was the first aluminium smelter built in post-Soviet Russia (since 1985). The smelter, with an annual capacity of 300,000 tonnes, is currently one of the most technologically advanced in the world. The company also undertook large-scale modernization projects at a number of its facilities, including the Bratsk, Krasnoyarsk and Irkutsk aluminium smelters.

1968

Oleg Vladimirovich Deripaska (Russian: Оле́г Влади́мирович Дерипа́ска ; born 2 January 1968) is a Russian oligarch and industrialist. He is the founder of Basic Element, one of Russia's largest industrial groups, and Volnoe Delo, Russia's largest charitable foundation. Until 2018, he was the president of En+ Group, a Russian energy company, and until 2018 headed United Company Rusal, the second-largest aluminium company in the world.