Victor Rashnikov

Victor Rashnikov Net Worth, Age, Family & Biography
$10.5 B Real Time Net Worth #215 in the world today

About Victor Rashnikov

Russian billionaire Viktor Filippovich Rashnikov is a businessman. An oligarch, he made his abundance in the iron and steel industry, being the greater part proprietor of Magnitogorsk Iron and Steel Works (MMK), one of the world’s driving steel makers.

He possesses Sea Triumph, at the hour of her development the tenth biggest yacht on the planet. The US, UK, and EU placed Rashnikov and MMK on sanctions lists following Russia’s invasion of Ukraine. Hungary attempted to remove Rashnikov from the EU’s list in September 2022.

Victor Rashnikov
Russian President Vladimir Putin and Viktor Rashnikov chairman of the board of the MMK Magnitogorsk Iron and Steel Plant left

Victor Rashnikov Family

On October 13, 1948, Viktor Filippovich Rashnikov was born into a Russian family. He is a Christian of Russian Orthodoxy. Two daughters are his. He previously owned a Bombardier Global 5000 registered VP-BJN and a Gulfstream G650 registered VP-BOT operated by Jet Aviation Business Jets.

Victor Rashnikov Education

Rashnikov graduated from the Magnitogorsk Institute of Mining and Metallurgy with a bachelor’s degree in metal forming process in 1974. He went on to take a second degree in the Organization of Production Administration, which he completed in 1994. In 1998, Rashnikov was awarded his doctorate in technical sciences.

Victor Rashnikov

Rashnikov has put a lot of engineering solutions into practice in addition to writing a lot of scientific reports and research papers. He was appointed Honoured Professor at the Moscow Institute of Steel and Alloys in 2002. He also works as an academician at the Russian Academy of Quality Problems. In 1967, Rashnikov started working for the Magnitogorsk Iron & Steel Works (MMK) as a fitter in the repair shop.

From that point forward, up through 1991, Rashnikov progressed through various administration positions at MMK, including that of Head of Creation and Items Supply. He was made the company’s Chief Engineer and First Deputy General Director in 1991. Viktor Rashnikov rose to the position of General Director at MMK in 1997 and eventually became its chairman of the board in 2005.

Victor Rashnikov Facts

Rashnikov is the Metallurg Magnitogorsk ice hockey team’s owner and president. Since he took over in 1993, the group stirred up standing as one of the top Russian groups of the new time. In 2006, Rashnikov and MMK helped construct a modern ice palace that could hold more than 7,500 people on the Ural River’s bank.

Victor Rashnikov
Russian Prime Minister Vladimir Putin (R), SMS Siemag AG Group CEO Heinrich Weiss (C) and Magnitogorsk Iron and Steel Works CEO Viktor Rashnikov (L) put into operation a cold metal rolling mill during a ceremony at the plant in the Southern Ural Mountains city of Magnitogorsk, on July 15, 2011. 

Victor Rashnikov Net Worth

Victor Rashnikov’s net worth was estimated to be approximately $10.5 billion USD in 2023.

Personal Information

Full Name Viktor Filippovich Rashnikov
Father’s Name Not Mention
Mother’s Name Not Mention
Siblings Sergey Rashnikov
Date Of Birth 13 October 1948 
Age 74 Years
Birth Place Magnitogorsk, USSR
Height Not Mention
Education Graduate
Net Worth $10.5 Billion
Profession Businessman
Relationship Status Married
Victor Rashnikov
Russian billionaire and businessman Viktor Rashnikov attends the plenary session of the Congress of Russian Union of Industrialists and Entrepreneurs (RSPP) on the slidelines of Russian Business Week in Moscow, Russia, March,16,2017. 

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