Russian steel tycoon Vladimir Lisin has an estimated net worth of $21.1 billion in June 2019. He is the current major shareholder and Chairman of Novolipetsk. Also known as NLMK, Lisin is considered as one of Russia's four largest steel companies. Vladimir Lisin is now considered as one of the wealthiest men in the Russia and the world.

Vladimir Lisin was born on May 7, 1956 in Ivanovo, Soviet Union. After graduating from  Siberian Metallurgic Institute, he started working as a welder foreman which later became the section manager, then shop manager and Deputy Chief Engineer at Tulachermet Metals Works.

It was in 1992 when he joined the Trans-World Group. When the partners of the firm disbanded in 2000, he was left with 13% share of the company and later on, he earned the controlling share of the firm. In 2000, he became Novolipetsk Steel's sole owner.

In addition to steel, Vladimir Lisin also has interests in other industries such as transportation and logistics, energy and utilities. In fact, he holds stakes in various companies like St Petersburg Sea Port, North-Western Shipping Company, Tuapse Commercial Sea Port, Volga Shipping Company, Chermonorneftegaz, Severneftegaz, Distribution Grid Company of Center, and Federal Grid Company. His Russian assets are controlled thru Fletcher Group Holdings.