Viktor Rashnikov Net Worth is$4.2 Billion
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Profession: Politician, Businessperson
Nationality: Russia
Date of Birth: 1948-10-13
Place of Birth: Magnitogorsk
Viktor Rashnikov Net Worth: Viktor Rashnikov is a Russian entrepreneur who has a net worth of $4.2 billion. Born Viktor Filippovich Rashnikov, on 13 October 1948 in Magnitogrsk, Russia, he earned his wealth in the iron and steel industry of the Magnitogorsk Metallurgical Enterprise. Already a graduate of Magnitogorsk Institute of Mining and Metallurgy, he set his career path in Magnitogorsk Iron and Steel Works (MMK) in 1967. Throughout the years, Rashnikov changed many positions in the company, until he was appointed Chief Engineer and First Deputy General Director in 1991. Several years later, Rashnikov became General Director of OAO MMK, and since 2005, he has served as Chairman of the Board of Directors. Also, he is a president of OOO "MMK Managing Company". Holding a PhD in technical sciences, Rashnikov has been chosen an Honored Professor of Moscow Institute of Steel and Alloys and Academician of the Russian Academy of Quality Problems. He is also an author of many scientific reports, engineering solutions and research papers, and he has won many eminent awards in his field. Besides MMK, he serves as the Chairman of the Union of Industrialist and Entrepreneurs of Chelyabinsk region, and invests in real estate.
Viktor Rashnikov (born October 13, 1948 in Magnitogorsk) is a Russian businessman and politician. He made his fortune (estimated at $7 billion in 2007) in the iron and steel industry with the Magnitogorsk Metallurgical Enterprise, and was elected three times to the regional legislature.
According to the Forbes world billionaires list, Viktor Rashnikov was ranked as the 104th richest man in the world in 2007.
Rashnikov is married and has two children.

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Viktor Rashnikov Latest News

Viktor Rashnikov: A businessman who puts community at the center

In an ever-changing business environment, factors that affect an organization’s image, reputation and credibility are now going beyond the traditional combination of price and value of the available product / service. Today, new standards of business ...
Posted: September 8, 2017, 2:26 am

Market not favourable for MMK share sale, owner says

MOSCOW, March 16 (Reuters) - The market is unfavourable for one of Russia's largest steelmakers, MMK, to sell shares, Chairman Viktor Rashnikov, the company's biggest shareholder, said on Thursday. Investment firm Aton said in a note in December that MMK ...
Posted: March 16, 2017, 2:15 pm

MMK Will Pay $485M to Buy Out Atakas Share

Magnitogorsk Iron & Steel, billionaire Viktor Rashnikov's steelmaker, agreed to buy out its Turkish partner from the Atakas venture to gain 100 percent of the company. Magnitogorsk, based in the Ural Mountains, will pay $485 million to the Atakas family ...
Posted: March 13, 2011, 1:46 pm
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