Viktor Rashnikov

Viktor Rashnikov
Виктор Рашников
Rashnikov in 2005
Born (1948-10-13) October 13, 1948 (age 76)
Magnitogorsk, USSR (now Russia)
NationalityRussian
EducationMagnitogorsk Institute of Mining and Metallurgy
Occupation(s)Chairman, Magnitogorsk Iron and Steel Works
Spousemarried
Children2
Awards

Viktor Filippovich Rashnikov (born October 13, 1948) is a Russian 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.[1]

He owns Ocean Victory, at the time of her construction the 10th largest yacht in the world.[2]

Following Russia's invasion of Ukraine, Rashnikov and MMK were placed on sanctions lists by the USA, UK and EU.[3] In September 2022, Hungary sought to have Rashnikov dropped from the EU's list.[4]

  1. ^ "WORLD STEEL IN FIGURES 2017" (PDF). 2017-07-20. Archived from the original (PDF) on 2018-05-18.
  2. ^ "The largest superyacht to visit Auckland - Business - NZ Herald News". Nzherald.co.nz. 2015-07-20. Retrieved 2017-04-27.
  3. ^ "Inside Putin's inner circle: Meet the 38 Russian oligarchs cut off by sanctions". Business Insider. Retrieved 2022-03-22.
  4. ^ Jozwiak, Rikard. "Hungary Said to Have Dropped Demand to Remove Three Russian Oligarchs from Sanctions List". Radiofreeeurope/Radioliberty.