Net Worth: $13.5 Billion As of March 2012
Azerbaijani businessman and former Caspian Sea oil rig worker later became a deputy minister in the Soviet oil industry. In 1991 took three large ministry controlled oil fields and set up Lukoil. Currently president of Lukoil, Russia’s largest independent energy company, with a 20% stake. The firm’s reserves are second only to ExxonMobil. In 2009 Lukoil won the the right to drill the giant Western Qurna-2 oil field in Iraq, one of the largest deposits in the world. Has good relationship with Vladimir Putin.
He is currently rated by Forbes magazine as the sixth richest person in Russia with $10.6 billion of net worth ($13 billion in 2008, $7.8 billion in 2009) and the 58th richest person in the world and the richest person in Azerbaijan.
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