Viktor Vekselberg
- Net worth $9 billion
- Birthday April 14, 1957
- Status Married
- Country Russia, Ukraine
- Ethnicity Ukrainian Jewish
- Source(-s) of wealth Businessman
How much is Viktor Vekselberg Worth? Viktor Vekselberg Net Worth in 2026
Viktor Vekselberg’s net worth is estimated at $9.3 billion as of October 2026. Vekselberg is a Ukrainian-born Russian businessman who co-founded the Renova Group and built a fortune in aluminium, oil and industrial assets.
| Net worth | $9.3 billion (estimate, October 2026) |
|---|---|
| Estimated annual income | Mainly from his business holdings and investments rather than a salary |
| Born | April 14, 1957, Drohobych, Ukrainian SSR (age 69) |
| Country | Russia (born in Ukraine) |
| Occupations / sources of wealth | Businessman, co-founder of Renova Group, art collector |
| Known for | Co-founding Renova Group and SUAL, and owning a large collection of Faberge eggs |
How much is Viktor Vekselberg worth in 2026?
Viktor Vekselberg’s net worth is estimated at $9.3 billion. His wealth comes from stakes built in aluminium, oil and gas, and later manufacturing and technology holdings through Renova Group. A lower figure of roughly $932 million in our earlier data looked like a decimal error, so we have used the better supported multi-billion estimate. Estimates vary because many holdings are private.
Viktor Vekselberg in 2026: what they’ve been up to
- Continues to run and oversee the Renova Group, which since 2006 has shifted toward manufacturing, high technology and renewable energy.
- His Faberge collection, including nine Imperial Easter eggs bought in 2004, is housed in the Faberge Museum in St. Petersburg, which opened in 2013.
- Public information about his business activity in 2025 and 2026 is limited, so recent developments are not detailed here.
How Viktor Vekselberg makes money
- Renova Group: The industrial and investment holding company he co-founded in 1990.
- Aluminium: Co-founded SUAL in 1996, which later merged into RUSAL.
- Oil and gas: Held an indirect stake of about 12.5% in the TNK-BP joint venture after it formed in 2003.
- Manufacturing and technology: Renova invests in industrial, high tech and renewable energy businesses.
- Art and collectibles: A major collection of Faberge works, which is an asset rather than a source of income.
Career timeline
- 1979: Graduated from the Moscow Transportation Engineering Institute and began work as an engineer at a design bureau.
- 1988: Founded Komvek, the company that worked with the Irkutsk Aluminium Plant.
- 1990: Co-founded Renova Group with his college classmate Leonard Blavatnik.
- 1996: Co-founded the Siberian-Urals Aluminium Company (SUAL) through the merger of the Ural and Irkutsk aluminium plants.
- 1997: Took part in the partnership that acquired an interest in Tyumen Oil Company (TNK).
- 2003: TNK merged its Russian oil assets with BP in a 50-50 venture, TNK-BP, the largest private transaction in Russian history at the time.
- 2004: Bought nine Imperial Faberge Easter eggs from a US publishing family for a reported $100 million.
- 2006: Renova began moving away from oil and gas toward manufacturing, high tech and renewable energy.
- 2010: Co-chaired the Skolkovo Foundation board; he stepped down as chairman in 2018.
- 2013: The Faberge Museum opened in St. Petersburg to house his collection.
Early life and background
Viktor Vekselberg was born on April 14, 1957, in Drohobych in the Ukrainian Soviet Socialist Republic, to a Ukrainian Jewish father and a Russian mother.
He studied at the Moscow Transportation Engineering Institute and graduated in 1979. He started as an engineer and research manager at a pump manufacturer.
When the late Soviet reforms of perestroika and glasnost opened the way for private enterprise, he founded Komvek in 1988. The company worked with the Irkutsk Aluminium Plant, and the contacts and capital from that business led to Renova Group and the aluminium and oil deals that followed.
Viktor Vekselberg net worth FAQ
What is Viktor Vekselberg’s net worth?
Viktor Vekselberg’s net worth is estimated at $9.3 billion as of October 2026. Estimates vary and this figure is approximate.
How does Viktor Vekselberg make money?
Vekselberg earns mainly through Renova Group and his stakes in aluminium, oil and gas, manufacturing and technology businesses, including past holdings in SUAL and TNK-BP.
How old is Viktor Vekselberg?
Viktor Vekselberg was born on April 14, 1957, which makes Viktor Vekselberg 69 years old as of October 2026.
Where is Viktor Vekselberg from?
Viktor Vekselberg is a Russian businessman who was born in Drohobych, in what was then the Ukrainian Soviet Socialist Republic.
What is Viktor Vekselberg doing now?
He oversees the Renova Group, which focuses on industrial, high technology and renewable energy investments, and he keeps a large Faberge collection at a museum in St. Petersburg. Detailed 2026 activity is not publicly confirmed.
How is Viktor Vekselberg’s net worth estimated?
The figure is based on public reporting, company valuations, and deal and earnings figures. It is an approximation and changes as new information emerges.
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How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: October 2026.