Ravil Maganov by no means revealed his earnings or belongings to the media; nonetheless, given his life-style, he may have had a internet value of no less than $5 to $10 million or extra for working for PJSC Lukoil Oil Firm since 1993.
Vagit Alekperov, the corporate’s president, has been named the 10th Russian billionaire, with a internet value of $14.4 billion and an organization valuation of ₽4,744 billion. Thus, Lukoil might have paid the chairman an honest wage to ensure that him to reside a contented and comfy life.
Nonetheless, resulting from worldwide sanctions imposed throughout Russia’s invasion of Ukraine in 2022, the multinational vitality company’s market inventory value fell by 95 p.c. Nonetheless, Ravil rose from being an oil operator to turning into chairman, and he made important contributions to the event of Russia’s complete oil and gasoline sector.
His managerial talents aided the corporate’s fast development from a small oil manufacturing group to one of many world’s main vitality firms. He had obtained quite a few nationwide awards for his achievements; Maganov obtained a lifetime achievement award from President Vladimir Putin in 2019.
