Leonid Fedun

Leonid Arnoldovich Fedun (Russian: Леонид Арнольдович Федун; born 5 April 1956) is a Ukrainian-born Russian billionaire businessman known for co-founding Russian oil company Lukoil. Until retiring in 2022, Fedun was vice president of Lukoil.[1] He formerly served as president of FC Spartak Moscow before selling 100% of his shares to Lukoil.[2]

Leonid Fedun
Leonid Fedun (2014)
Born
Leonid Arnoldovich Fedun

(1956-04-05) 5 April 1956
Kiev, Ukrainian SSR, Soviet Union (now Ukraine)
OccupationBusinessman
SpouseMarried
Awards

Prior to entering the private sector, he was a military officer. He is considered to be a close associate of Vagit Alekperov, who he co-founded Lukoil with.[1][3]

In February 18, 2022, Fedun was estimated to have had an estimated fortune of $8.5 billion, a figure that declined to $1.7 billion by March 28, 2022.[4] Critics have labelled Fedun as an oligarch.

Career

In November 1992, he went into business and founded the company Neftkonsult LLP. In 1993, Fedun was officially Ddsmissed from the Russian military and within the same year became the CEO of JSC.

In 1996, Fedun became the Vice President of LUKoil Inc, of which Vagit Alekperov was a key figure. Fedun has met Alekperov in the 1980s while he was a teacher in the Siberian town of Kogalym.[5] As of May 2006, Fedun was one of the main owners of IFD Kapital Group.[6]

In 2020, he donated 10 million rubles to the Vishnevsky Institute of Surgery to the fight COVID-19.[7] In July 2021, Fedun offered £400 million to purchase Premier League club Wolverhampton Wanderers, which was rejected.[7] On August 22, 2022, Leonid Fedun resigned as president of FC Spartak Moscow, selling 100% of his shares to Lukoil.[2]

Between 2004 and 2022, Fedun was Spartak's top official and the second-largest shareholder.[8][9] His business ventures have earned him numerous state awards (Order For Merit to the Fatherland, 4th Order and the Order of Honour).[10][11][12]

Personal life

Fedun is on his second marriage, has six children and lives in Moscow.[13][14]

See also

References
  1. "Co-founder of Russian oil company Lukoil steps down". Reuters. 27 June 2022. Retrieved 3 July 2023.
  2. Прохоров, Павел. "Леонид Федун ушёл из «Спартака»! Все подробности". www.championat.com (in Russian). Retrieved 16 February 2023.
  3. Brown, Daniel. "The 25 richest Russian oligarchs on the 'Putin list' that the US just released". Business Insider. Retrieved 3 July 2023. Fedun is the "right hand man" of Vagit Alekperov, the CEO of oil and gas company Lukoil.
  4. Wahid, Raeedah; Rojanasakul, Mira; Halftermeyer, Marion; McIntyre, Alex (30 March 2022). "Half of Russia's 20 Richest Billionaires Are Not Sanctioned". Bloomberg.com. Retrieved 3 July 2023.
  5. "Leonid Fedun", Forbes. Accessed 24 May 2016.
  6. Teagarden, Michael (1 March 2006). "Lukoil Executives Alekperov and Fedun Own Russia's IFD Kapital". Bloomberg News. Archived from the original on 13 April 2014. Retrieved 11 April 2014.
  7. "Миллиардер Леонид Федун пожертвовал 10 млн рублей на борьбу с коронавирусом". Forbes.ru (in Russian). Retrieved 22 July 2021.
  8. Леонид Федун
  9. Buckley, Neil (27 November 2014). "Lukoil executive predicts significant fall in Russian oil output". Financial Times.
  10. Пресс-портрет
  11. Президент России Владимир Путин указом № 1127 наградил владельца московского Спартака Леонида Федуна орденом За заслуги перед Отечеством IV степени
  12. Указ Президента Российской Федерации от 08.08.2012 № 1127 "О награждении государственными наградами Российской Федерации"
  13. "Forbes profile: Leonid Fedun". Forbes. Retrieved 9 June 2019.
  14. ЗАРЕМА САЛИХОВА: о Федуне, "Спартаке" и российском футболе, archived from the original on 20 December 2021, retrieved 22 July 2021
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