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Azerbaijani businessman (born 1950)
Vagit Yusufovich Alekperov is a Russian businessman of Azerbaijani origin and an oligarch. He was the president of the oil company Lukoil from 1993 until 2022.
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Alekperov was born on 1 September 1950, in Baku, Azerbaijan SSR, one of the earliest centers of the international petroleum industry. His father, who died when Vagit was a boy, worked in the oilfields all his life and inspired Alekperov to follow in his footsteps. Alekperov's father was an Azerbaijani Muslim, and his mother was Russian Orthodox. Alekperov is religious, but does not define himself as either Muslim or Orthodox. In 1974, Alekperov graduated from the Azerbaijan Oil and Chemistry Institute with a Master of Science in Engineering.
In April 2022, following Russia's invasion of Ukraine, Alekperov was sanctioned by Australia and the United Kingdom. On 21 April, Lukoil issued a statement saying that Alekperov had stepped down and resigned from the board of directors after 29 years. In May 2022, Canada also imposed sanctions on Alekperov. In October 2022, New Zealand sanctioned Alekperov.
In 2007, Alekperov founded The Foundation "Our Future" to promote social entrepreneurship in Russia. Alekperov has repeatedly stated publicly and has confirmed that, according to his will, his stake in Lukoil (over 20% of the company) will be transferred to a specially created charitable foundation. In 2020 coronavirus pandemic, Lukoil has donated more than RUB 652 million in 22 Russian regions and almost $900 000 dollars in its operation countries abroad. Alekperov also donated RUB 50 million of personal finances to fight coronavirus in the Republic of Komi.
Alekperov is married to Larisa Victorovna Alekperova and has a son, Yusuf, born in 1990. In 2023 he founded the WellTech company, which is engaged in the repair of LUKOIL wells. Alekperov's hobby is numismatics. The exact composition of his collection is unknown, but according to some reports, it is one of the three largest private collections in Russia. In 2015, Alperov established a private Museum of Numismatics in the Zinoviev-Yusupov chambers in Moscow. It has more than 700 coins on display, about a quarter of the entire collection. The exposition consists of gold, silver, and platinum coins minted in Classical antiquity, the Byzantine Empire, the European Middle Ages, the Russian Empire, and the USSR.
Biographical detail compiled from Wikipedia and Wikidata, which are edited openly and may be incomplete or out of date. Fleet data is our own. Source →
