Vagit Yusufovich Alekperov is a Russian businessman, the self-made billionaire Founder and former President of Lukoil PJSC (MOEX: LKOH), one of Russia's largest independent oil and gas companies and a global energy major. His career is rooted in petroleum engineering, energy management, and post-Soviet privatization.

Alekperov holds a B.S. in Mining Engineering from the Azerbaijan Institute of Oil and Chemistry. His philosophical approach centers on scale, vertical integration (controlling the entire supply chain from exploration to refining and retail), and long-term asset hold in the essential energy sector. He founded Lukoil in 1991, recognizing the structural opportunity created by the collapse of the Soviet state oil complex.

• Lukoil PJSC (Former Founder & President): The core publicly traded asset, a major global oil and gas company (controlling vast global reserves).
• Energy Pioneer: His success is built on scale exploration and extraction and dominating the domestic and international market for essential oil and gas resources.
• Academic Background: He holds a B.S. in Mining Engineering.
• Controversy/Sanctions: His career is marked by political scrutiny and international sanctions (reflecting his ties to the Russian economy).

Vagit Alekperov's strategic genius was his commitment to vertical integration. He served as a Deputy Minister of the Soviet Oil and Gas Industry before founding Lukoil in 1991 (by merging three state-owned oil companies). His structural contribution is immense: pioneering the modern, scale, vertically integrated private oil company model in post-Soviet Russia, successfully acquiring vast exploration and refining assets globally. Lukoil became a major force in global energy supply.

He stepped down as President in 2022 following international sanctions. His wealth is secured by the colossal, long-term, stable profitability of the global oil, gas, and energy sectors.

Vagit Alekperov's social impact stems from Lukoil's role as a massive global employer and provider of essential oil and gas resources that underpin the global economy. The Lukoil Foundation supports various initiatives in education, culture, and social welfare in the regions where the company operates. His personal philanthropy supports various community and educational initiatives.

His personal philanthropy supports various community and educational initiatives.

Vagit Alekperov maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the global industrial sector.

Residing in Moscow, Russia, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, resource management, and corporate governance.