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Oleg Deripaska
CEO RusAl Aluminum company
Born on January 2, 1969 in the town of Dzerginsk.
When the Soviet Union collapsed in 1991, he was a 23-year-old student at Moscow State University. He soon got a job in the fledgling metals trading market.
He graduated from Moscow State University Physics department and Plekhanov Russian Economics Academy.
1994 - chief financial officer of Aluminprodukt. Through the company, he bought a stake in a Siberian smelter plant, beginning his ascent to the top of one of Russia's roughest industries.
1996 - became a director of Sayan Aluminum Plant, which is one of the biggest aluminum plants in Russia.
2000 - assumed control of Russian Aluminum, the country's dominant producer.
Currently he is the chairman of the board of directors of Basic Element Company, which owns 75% of Russian Aluminum (Roman Abramovich's Millhouse Capital has the rest), automobile manufacturer GAZ, aircraft manufacturer Aviacor, insurance company Ingosstrakh, among other interests. Deripaska feels secure about his property in Russia; instead of liquidating assets, like Abramovich, he is investing heavily in expanding his Russian business empire.
His major holding is Russian Aluminum.
He is also interested in Ingosstrakh Insurance; aircraft builder Aviacor; the GAZ automobile company; several bus builders and paper and pulp interests.
Russia's youngest billionaire, he is the sixth richest man in Russia, worth an estimated $7.8 billion according to the Forbes 2006 list. In August 2006 he was linked with teh British car-maker Jaguar.
Deripaska is married to Polina Yumashev, the daughter of former President Boris Yeltsin's chief of staff. Deripaska's father-in-law in turn married Yeltsin's daughter, which makes Deripaska connected to Yeltsin by marriage.
last updated March 13, 2006
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