Vladimir Lisin's Biography

Vladimir Lisin is a prominent Russian billionaire, industrialist, and philanthropist, best known as the chairman and majority owner of Novolipetsk Steel (NLMK), one of the world’s largest steel producers. Born on May 7, 1956, in Ivanovo, Russia, Lisin rose from modest beginnings to become one of the most influential figures in the global steel industry. He began his career as a mechanic before studying at the Siberian Metallurgical Institute, where he gained the technical expertise that would shape his future. Lisin’s major breakthrough came during Russia’s post-Soviet privatization era when he joined the Trans-World Group and rapidly climbed the ranks of the burgeoning metals sector. By 1998, he had acquired a controlling stake in NLMK, transforming the company into a global powerhouse through modernization and expansion. In addition to his leadership in steel, Lisin owns significant interests in logistics and transportation, including Freight One and Universal Cargo Logistics Holding. He is also known for his passion for shooting sports, serving as the president of the European Shooting Confederation. Despite facing controversies and international scrutiny, especially amid Western sanctions, Lisin remains a highly respected figure in Russian business. As of 2024, his estimated net worth is $23 billion, reflecting his enduring influence and success in the industrial sector.