Viktor Rashnikov | |
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Виктор Рашников | |
Born | Magnitogorsk, USSR (now Russia) | October 13, 1948
Nationality | Russian |
Education | Magnitogorsk Institute of Mining and Metallurgy |
Occupation(s) | Chairman, Magnitogorsk Iron and Steel Works |
Spouse | married |
Children | 2 |
Awards |
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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]