Tony Halpin
Grab an Italian masterpiece for less
Viktor Vekselberg, 51
Head of Renova Group, an $18 billion management company with interests in oil, metals and mining, electricity, media, construction, chemicals and finance. A former engineer in Communist times, he plotted Russia’s first successful hostile takeover in 1994, of the Vladimir Tractor Factory. Kept in the Kremlin’s good books by spending a rumoured $100 million to buy nine Faberge imperial eggs from the Forbes family and return them to Russia. Estimated to be worth $11.2 billion
Mikhail Fridman, 44
Chairman and principal founder of Alfa Group, one of Russia’s largest privately owned corporations with interests in banking, insurance, oil and gas, retailing, media and mobile telecommunications. He and Vekselberg sold half of their Tyumen Oil Company (TNK) to BP for $6.75 billion in 2003, then Russia’s biggest single foreign investment. Mr Fridman is Russia’s fourth-richest man, with $20.8 billion, according to Forbes. He was one of the "Big Seven" oligarchs who bankrolled Boris Yeltsin's 1996 re-election against a resurgent Communist Party in return for control of state assets worth billions of pounds. Retains close links to the Kremlin.
German Khan, 46
Former classmate of Fridman at the Moscow Institute of Steel and Alloys. After graduating, they founded Alfa-Eco, a commodities trading group that was a forerunner of Alfa Group. Said to be worth $13.9 billion, he is responsible for Alfa's oil businesses and executive director at TNK-BP. Like Fridman and Vekselberg, he was born in Ukraine.
Len Blavatnik, 50
Grew up in Russia but emigrated to the US in 1978 and is an American citizen. He and his university friend Vekselberg formed Renova in 1990 and created SUAL, which was merged with Oleg Deripaska's RusAl in 2007 to become the world’s largest aluminium company. His US-based holding, Access Industries, acquired a stake in TNK in 1997 and forms part of the Access-Alfa-Renova group that retains 50 per cent of TNK-BP. Estimated wealth of $8 billion.
Articles from our sister site WSJ.com:
You may be asked to subscribe to read certain articles
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
Shortcuts to help you find sections and articles
1998
£47,955
12 months for the price of 11 and a 5% discount.
Offer ends 31/11/09
Check your free Experian credit report before applying
Car Insurance
to £60K + bonus (OTE £90k)
Lord Search & Selection
Location Flexible
PwC’s Consulting practice helps businesses of all shapes
and sizes work smarter and grow faster.
£85k
CPA
Highly Competitve
Specsavers
Whiteley, near Southampton
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
Book now & save over £100pp.
11 cool resorts, lowest prices... Early Booking offers 15 Nov.
20% off selected Azores holidays taken in October with Sunvil Discovery
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
World Class Golf, Spa and preferential Beach Club. Private estate overlooking West Coast
Villas from £275 per night inclusive of Golf
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.