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Vladimir Sergeyevich Lisin, prominent Russian billionaire and NLMK's principal, faced a decline from Russia's wealthiest to third place with a $22.1 billion fortune in 2023. His journey began as a mechanic in 1975, elevating to NLMK's sole proprietor in 2000. With interests spanning steel production to transportation, and a respected academic in metallurgy and economics, Lisin is also a shooting sports aficionado, recently impacted by sanctions post Ukraine's invasion.
May 07, 1956 in Ivanovo, Russia
69 years
Steel, Transport
Metals & Mining
Russia
Moscow
Doctorate, Russian Academy of Economics; Bachelor of Arts/Science, Siberian Metallurgical Institute
Lyudmila Lisina
3
Vladimir Sergeyevich Lisin, a prominent Russian billionaire businessman, was born on May 7, 1956, in Ivanovo, Russian SFSR, Soviet Union. His early years were spent in a modest family environment, shaping his character and work ethic.
Vladimir Lisin: Family
Lisin is a married man and a father of three children. Despite his immense wealth and business success, he maintains a private family life, valuing his personal relationships and privacy.
Vladimir Lisin: Career Highlights
Lisin's career trajectory is marked by remarkable achievements and milestones. He began his journey in 1975 as a humble mechanic in a Soviet coalmine. His passion for metallurgy led him to study at the Siberian Metallurgic Institute, where he gained valuable knowledge and expertise. Throughout his career, Lisin rose through the ranks, holding various positions such as welder foreman, section manager, shop manager, and deputy chief engineer.
In 1992, Lisin joined a group of traders who successfully gained control of Russia's steel and aluminum industry. This pivotal moment marked a significant turning point in his career. After the partners split in 2000, Lisin received a substantial 13% share of the firm. His strategic acumen and business acumen enabled him to acquire a controlling share, eventually becoming the sole owner of Novolipetsk Steel in the same year.
Vladimir Lisin: Companies
Lisin's business interests extend beyond steel production. He serves as a board member of several prominent Russian metal producers, including NLMK, MMK, Sayansk, and Novokuznetsk Aluminum Plants. His leadership and expertise have contributed to the success and growth of these companies.
Since June 2007, Lisin has held the position of Chairman of JSC Novolipetsk Iron & Steel Corporation. Under his guidance, the company has flourished, becoming one of the largest steel producers in Russia.
Lisin's business ventures also encompass transportation, logistics, energy, and utilities. He exercises control over these assets through Fletcher Group Holdings, a testament to his diversified portfolio and entrepreneurial spirit.
Vladimir Lisin: Major Achievements
Lisin's accomplishments are numerous and noteworthy.
He is widely recognized for his exceptional contributions to the steel industry, both in Russia and globally. His leadership and strategic vision have transformed Novolipetsk Steel into a formidable player in the international steel market.
Lisin's expertise extends beyond business. He is a Professor of the Academy of National Economy and holds various patents. His intellectual prowess is further evidenced by his publication of over 100 articles on metallurgy and economics, demonstrating his profound knowledge and thought leadership in these fields.
Vladimir Lisin: Awards & Achievements
Lisin's remarkable achievements have been duly recognized through numerous prestigious awards and accolades. His contributions to the steel industry and his philanthropic endeavors have earned him accolades such as the Order of Merit for the Fatherland, the Order of Alexander Nevsky, and the Order of Friendship.
Vladimir Lisin: Personal Life & Legacy
Lisin's personal life is characterized by a strong sense of family and a commitment to social responsibility. He has made significant contributions to charitable causes and educational institutions, leaving a lasting legacy of generosity and philanthropy.
In 2005, Lisin acquired Aberuchill Castle and its surrounding estate in Perthshire, Scotland, demonstrating his appreciation for historical preservation and cultural heritage.
Vladimir Lisin: Trivia
Lisin's passion for shooting sports is well-known. He served as the former president of the European Shooting Confederation and the Russia Shooting Union, and currently holds the position of Vice President of the Russian Olympic Committee. His dedication to the sport led him to construct one of Europe's largest shooting-range complexes in Lisya Nora, near Moscow.
In 2018, Lisin was elected president of the International Shooting Sport Federation, further solidifying his influence and leadership in the world of shooting sports. However, he faced sanctions from Australia in 2022 due to his close ties to the Russian government following the invasion of Ukraine.
Lisin's business activities have also been the subject of scrutiny.
NLMK, the steel company he controls, has been accused of supplying materials to Russian firms involved in nuclear weapon development. Additionally, tankers owned by Lisin have reportedly been used to evade EU sanctions by engaging in trans-shipping oil at sea.
Started career as a mechanic in a Soviet coalmine.
Joined a group of traders who won control of Russia's steel and aluminum industry.
Received 13% of the firm after the partners split and later achieved a controlling share.
Became the sole owner of Novolipetsk Steel.
Bought Aberuchill Castle and its surrounding estate in Perthshire, Scotland.
Became Chairman of JSC Novolipetsk Iron & Steel Corporation.
Elected president of the International Shooting Sport Federation.
Became the richest man in Russia and 58th richest in the world with an estimated net worth of US$ 26.6 billion.
Called for a peaceful resolution in a letter to staff at NLMK after the Russian invasion of Ukraine.
Sanctioned by Australia after the Russian invasion of Ukraine.
Dropped to third place among Russian billionaires, with a fortune estimated at $22.1 billion.
What is Vladimir Lisin's current net worth?
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In which industry does Vladimir Lisin primarily operate?
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Who is Vladimir Sergeyevich Lisin and what is his role in NLMK?
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