“I started my business at an unusual time. The country in which I was born and grew up in had disappeared and a new one had not appeared by that time. The first one gave me an excellent education; the second one gave me the chance of success.”

About Oleg Deripaska

Oleg Deripaska is the founder and principal owner of Basic Element, a leading Russian diversified business group with assets in all the key sectors of the economy. Basic Element is one of the largest employers in Russia with a total headcount of over 200,000 people on five continents.

Oleg Deripaska is also the founder, principal shareholder, the Chairman of the Executive Committee and the president of the global aluminium company UC RUSAL, president of En+ Group, the principal shareholder of Russia's second largest automaker GAZ Group and Russia's largest privately held power company EuroSibEnergo. 

Deripaska also owns Kuban Agro Holding, one of the largest agricultural companies in the south of Russia, Basel Aero that operates airport in Russian southern cities of Krsanodar, Anapa, Gelendzhik and Sochi. He’s a shareholder of Ingosstrakh, one of Russia’s largest insurers and construction companies that helped to build infrastructure for the 2014 Winter Olympics in Sochi.

In March 2012, Forbes wrote about Oleg Deripaska: “Regardless of whether the external circumstances are favourable or not, he always follows through on his plans. The head of RUSAL and Basic Element considers himself a major industrialist, a modern day Nikita Demidov. He wants to create a huge industrial empire, implement major projects and go down in history as a man who built something really important for the country.”

Apart from business roles, Oleg Deripaska leads numerous social initiatives including active support of climate change enforcement mechanisms (global carbon tax, international carbon fund, forests’ maintenance and reproduction). Deripaska is also a Vice President of the Russian Union of Industrialists and Entrepreneurs, Chairman of the Executive Board of the Russian National Committee of the International Chamber of Commerce and a member of the Competitiveness and Entrepreneurship Council, an agency of the Russian Government.

Oleg Deripaska devotes a lot of his time to charity and is one of the most prominent philanthropists in Russia. Between 2003 and 2015 Oleg Deripaska donated over RUR 10.6 billion to charity programmes in education, science, culture, and healthcare as well as programmes aimed at helping the poor.

Oleg Deripaska lives in Moscow, has two children.