Viktor Rashnikov

Billionare who made fortune with Magnitogorsk Iron and Steel Works

Nº Q1894128 ★★★

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Viktor Rashnikov

Billionare who made fortune with Magnitogorsk Iron and Steel Works

Viktor Filippovich Rashnikov (born October 13, 1948) is a Russian engineer and a billionaire businessman. An oligarch, he made his wealth (estimated at $9.1 billion in February 2019) in the iron and steel industry, being the majority owner of Magnitogorsk Iron & Steel Works (MMK), one of the world's leading steel producers.

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From Wikipedia

Viktor Filippovich Rashnikov (born October 13, 1948) is a Russian engineer and a billionaire businessman. An oligarch, he made his wealth (estimated at $9.1 billion in February 2019) in the iron and steel industry, being the majority owner of Magnitogorsk Iron & Steel Works (MMK), one of the world's leading steel producers. Following Russia's invasion of Ukraine, Rashnikov and MMK were placed on sanctions lists by the USA, UK and EU. In September 2022, Hungary sought to have Rashnikov dropped from the EU's list.

Text: Wikipédia, CC BY-SA 4.0. · Image: Politrsu (CC BY-SA 4.0) ·

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