Oleg Deripaska
Founder at Basic Element LLC
Profile
Head of Rusal, the world leader in aluminium, Oleg Deripaska is a major figure among Russian oligarchs. He manages the holding Basic Element, an empire that is today from auto to insurance, trough aviation and energy.
Graduated in nuclear physic at University of Moscow, Deripaska began his activity as trader of metals. He takes advantage from privatization initiated by Boris Yeltsin to buy stakes in aluminium companies.
At twenty six years old after he won a majority of workers’ shares in the aluminium company in Sayansk (Siberia) he became director.
In the 80’s, a struggle for control of the aluminium market is started, between traders and red barons of industry.
In 2000, the Rusal is created. So many people protest in order to underline the conflict of interest which had involved the company’s creation. The strong connection between political ambience and business is also criticized by many western media.
In October 2006, Rusal merged with its rival Sual, and thanks to cooperation with Swiss company of trading Glencore, and also with Putin’s support, he created UC Rusal the world leader in aluminium. Valued $30 billion, 66% owned by Rusal’s shareholders, 22% by Sual and at least Glencore with 12%, and it employs 115 000 employers in 17 countries on five continent.
With his holding Basic Element, Oleg Deriparska brought 38% of the group that manages the development of finance district in Russian capital, Moscow-city launched in 1992 by Russian authorities.
In 2009, during the financial crisis, the Oleg Deriparska’s business is struck down by sharp fall of commodities’ prices. In fact, he passed from 9th place in Forbes’ ranking in 2008 to 57th place in 2010. He rose at 36th place in 2011 with fortune estimated at $ 16.8 billion.
Latest news about Oleg Deripaska
Oleg Deripaska active positions
Companies | Position | Start |
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Basic Element LLC
Basic Element LLC Investment ManagersFinance Basic Element LLC (Basic Element) is a private equity subsidiary of Basic Element UK Ltd founded in 1997 by Oleg Vladimirovich Deripaska. The firm is headquartered in Moscow, Russia. | Founder | 1996-12-31 |
AKME-Engineering OJSC
AKME-Engineering OJSC Industrial MachineryProducer Manufacturing AKME-Engineering OJSC is a Russian company that manufactures nuclear reactors. The joint venture company is based in Moscow, Russian Federation. The CEO of the company is Vladimir Viktorovich Petrochenko. | Chairman | 2009-10-22 |
The Russian Union of Industrialists & Entrepreneurs
The Russian Union of Industrialists & Entrepreneurs Miscellaneous Commercial ServicesCommercial Services The Russian Union of Industrialists & Entrepreneurs operates as a non-political organization to protect the interests of industry. The company is based in Moscow, Russian Federation and has subsidiaries in the Russian Federation. | Corporate Officer/Principal | - |
International Chamber of Commerce (Russia)
International Chamber of Commerce (Russia) Miscellaneous Commercial ServicesCommercial Services The International Chamber of Commerce (Russia) is a chamber of commerce. The non-profit company is based in Moscow, Russian Federation. | President | - |
Competitiveness & Entrepreneurship Council | Corporate Officer/Principal | - |
The State Academic Bolshoi Theatre of Russia | Director/Board Member | - |
Moscow State University Lomonosov | Director/Board Member | - |
State University of St. Petersburg | Director/Board Member | - |
The Brasilinvest Group
The Brasilinvest Group Miscellaneous Commercial ServicesCommercial Services The Brasilinvest Group provides real estate, financial, technology, infrastructure and energy services. It supports sustainable development and socially responsible iniatives through different not-for-profit organizations. technological development, green economy, human rights, legal integration, clean energies, growth economies, international trade & investment, education and poverty alleviation. The company was founded in 1975 and is headquartered in Sao Paulo, Brazil. | Corporate Officer/Principal | - |
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Former positions of Oleg Deripaska
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Training of Oleg Deripaska
Moscow State University Lomonosov | Undergraduate Degree |
Plekhanov Russian University of Economics | Graduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
Listed companies | 4 |
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MINING AND METALLURGICAL COMPANY NORILSK NICKEL | Non-Energy Minerals |
IRKUTSKOF ENERGETICS AND ELECTRIFICATION | Utilities |
EN+ GROUP INTERNATIONAL | Non-Energy Minerals |
UNITED COMPANY RUSAL, INTERNATIONAL | Non-Energy Minerals |
Private companies | 16 |
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RUSAL Sayanogorsk JSC
RUSAL Sayanogorsk JSC AluminumNon-Energy Minerals Part of United Co. RUSAL International PJSC, RUSAL Sayanogorsk JSC is a company based in Sayanogors, Russian Federation. RUSAL Sayanogorsk JSC is known for its advanced technologies and environmentally friendly practices, making it a leader in the global aluminum industry. Founded in 1976, the Russian company operates as a subsidiary of RUSAL and specializes in the production of aluminum. | Non-Energy Minerals |
Norilsk Nickel RAO OAO
Norilsk Nickel RAO OAO Wholesale DistributorsDistribution Services Norilsk Nickel RAO OAO mines, refines, and smelts nickel. Its operations are based on Russian nickel-copper ore deposits at Norilsk in Siberia and Pechenga near the border with Norway. It also produces composite powders where nickel is coated on carbides, nitrides, borides, and silicides. The company supplies carbonyl powders to the companies engaged in manufacturing rechargeable batteries, sintered components, magnets, ferrites, hardmetals, and EMI shielding in paints and plastics. Norilsk Nickel is headquartered in Moscow, Russia. | Distribution Services |
Basic Element LLC
Basic Element LLC Investment ManagersFinance Basic Element LLC (Basic Element) is a private equity subsidiary of Basic Element UK Ltd founded in 1997 by Oleg Vladimirovich Deripaska. The firm is headquartered in Moscow, Russia. | Finance |
Russian Machines JSC
Russian Machines JSC Trucks/Construction/Farm MachineryProducer Manufacturing Russian Machines JSC operates as a holding company with interests in the automotive, road construction equipment, aerospace and railway transport industries. It engages in the manufacturing and construction of road building equipment in Russia. Russian Machines was founded in 2005 and is located in Moscow, Russia | Producer Manufacturing |
Berkut LLC
Berkut LLC Financial ConglomeratesFinance Berkut LLC provides investment services. It also offers business and management consulting. The company was founded by Oleg Vladimirovich Deripaska on December 1, 2011 and is headquartered in Moscow, Russia. | Finance |
The Russian Union of Industrialists & Entrepreneurs
The Russian Union of Industrialists & Entrepreneurs Miscellaneous Commercial ServicesCommercial Services The Russian Union of Industrialists & Entrepreneurs operates as a non-political organization to protect the interests of industry. The company is based in Moscow, Russian Federation and has subsidiaries in the Russian Federation. | Commercial Services |
The State Academic Bolshoi Theatre of Russia | |
Competitiveness & Entrepreneurship Council | |
The Brasilinvest Group
The Brasilinvest Group Miscellaneous Commercial ServicesCommercial Services The Brasilinvest Group provides real estate, financial, technology, infrastructure and energy services. It supports sustainable development and socially responsible iniatives through different not-for-profit organizations. technological development, green economy, human rights, legal integration, clean energies, growth economies, international trade & investment, education and poverty alleviation. The company was founded in 1975 and is headquartered in Sao Paulo, Brazil. | Commercial Services |
Rusal Global Management BV
Rusal Global Management BV AluminumNon-Energy Minerals Part of United Co. RUSAL International PJSC, Rusal Global Management BV is a Dutch company that manufactures aluminium products. The company is based in Amsterdam, Netherlands. Evgeny Viktorovich Nikitin has been the CEO of the company since 2018. | Non-Energy Minerals |
AKME-Engineering OJSC
AKME-Engineering OJSC Industrial MachineryProducer Manufacturing AKME-Engineering OJSC is a Russian company that manufactures nuclear reactors. The joint venture company is based in Moscow, Russian Federation. The CEO of the company is Vladimir Viktorovich Petrochenko. | Producer Manufacturing |
International Chamber of Commerce (Russia)
International Chamber of Commerce (Russia) Miscellaneous Commercial ServicesCommercial Services The International Chamber of Commerce (Russia) is a chamber of commerce. The non-profit company is based in Moscow, Russian Federation. | Commercial Services |
Bolshoi Theatre Foundation | |
Bazovy Element LLC | |
Transstroy Engineering & Construction Co. Llc | |
Russian Aluminium Management OJSC
Russian Aluminium Management OJSC AluminumNon-Energy Minerals Russian Aluminium Management OJSC is a company that manufactures aluminum extruded products. The private company is based in Moscow, Russian Federation. | Non-Energy Minerals |
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