About
Oleg Deripaska is a Russian oligarch and billionaire who made his fortune in the aluminum industry. He rose to prominence in the metals trading business following the collapse of the Soviet Union. Deripaska used his trading profits to acquire a stake in the Sayanogorsk aluminum smelter. This smelter became the cornerstone of Rusal, which eventually became the world's largest aluminum company. Deripaska has been the subject of controversy and sanctions due to his alleged ties to the Russian government.
Career Timeline
Metals Trading Success
Achieves success in metals trading after the collapse of the Soviet Union.
Sayanogorsk Investment
Acquires a stake in the Sayanogorsk aluminum smelter.
Rusal Creation
Consolidates aluminum assets to create Rusal, becoming a major player in the industry.
Financial Crisis Impact
Net worth takes a hit during the 2008 financial crisis.
US Sanctions Imposed
US sanctions imposed due to alleged ties to the Russian government, impacting business dealings.
Aluminum Industry Presence
Continues to operate in the aluminum industry, despite ongoing scrutiny and sanctions.
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Last updated: February 23, 2026