Vladimir lis in biography of mahatma
Vladimir Lisin
| Chairman of the Board of Directors of OJSC Novolipetsk Iron and Steel Works Date of Birth: 07.05.1956 Country: Russia |
Content:
- Vladimir Lisin: A Steel Tycoon with a Global Reach
- Rise in the Metallurgical Industry
- Acquisition of Novolipetsk Steel
- Corporate Warfare and Expansion
- Transport and Logistics Ventures
- Wealth and Recognition
Vladimir Lisin: A Steel Tycoon with a Global Reach
Early Life and CareerVladimir Sergeyevich Lisin was born on May 7, 1956, in the city of Ivanovo, Russia. His career began in 1975 as an electrical installer at the Yuzhkuzbassugol mining association. In 1979, he graduated from the Siberian Metallurgical Institute with a degree in metallurgical engineering.
Lisian subsequently worked at the Tulachermet Research and Production Association, holding various positions including steelmaker, operator of a continuous casting unit, shift supervisor, section head, and deputy workshop head. He completed his postgraduate studies at the Ukrainian Research Institute of Metallurgy in 1984.
Rise in the Metallurgical Industry
In 1986, Lisin moved to Kazakhstan and became deputy chief engineer and later deputy general director of the Karaganda Metallurgical Plant. In 1992, he reportedly relocated to Moscow and came into contact with American businessman of Soviet origin, Sam Kislin.
Lisian joined the board of directors of Sayansky Aluminum Plant in 1992, serving as its chairman from 1992 to 1993. Later, he became a partner in Trans World Group (TWG) and represented the group on the boards of directors of several major metallurgical plants in Russia.
Acquisition of Novolipetsk Steel
In 1996, Lisin broke away from TWG and acquired a significant stake in the Novolipetsk Steel Plant (NLMK). He established an offshore company to handle metal exports and transferred NLMK's financial flows to his own company, Worslade Trading.
In 1998, Lisin was elected chairman of the board of directors of NLMK and has held that position ever since. He increased his stake in the company to 63 percent by purchasing shares from foreign companies. Despite attempts to acquire TWG's shares, the group sold them to Vladimir Potanin instead.
Corporate Warfare and Expansion
Potanin engaged in a corporate battle against Lisin from 1999 to 2000, contesting the sale of NLMK's Stinol refrigerator plant. However, Lisin responded by purchasing shares in Norilsk Nickel, Potanin's main asset, and eventually secured Potanin's sale of NLMK shares to him in 2001.
Lisian became chairman of the board of directors of the non-profit partnership "Russian Steel Consortium" in 2001. He diversified his portfolio by acquiring the United Media holding in 2009.
Transport and Logistics Ventures
Through his involvement with Universal Cargo Logistics Holding B.V., Lisian has consolidated a significant stake in the Russian transport and logistics sector. The holding includes four Russian ports, major river shipping companies, and various marine infrastructure assets.
Wealth and Recognition
As of 2008, Lisin's fortune was estimated at $20.3 billion by Forbes. Despite a downturn during the 2008 financial crisis, he regained his financial standing and was ranked as the wealthiest person in Russia in 2010 with a net worth of $18.8 billion.
Lisian holds doctorates in technical and economic sciences and is a professor at the Academy of National Economy under the Government of the Russian Federation. He is also a laureate of the USSR Council of Ministers' Prize in Science and Technology, a vice-president of the International Union of Metallurgists, and an honorary metallurgist of Russia. Additionally, he is the president of the Shooting Union of Russia.