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Grizzly Bulls’ Billionaires Index

⬅ # 70 Germán Larrea Mota Velasco|# 72 Andrea Pignataro ➡

# 71 Vladimir Lisin 

$26.6B

Real Time Net Worth
as of 11/21/2024
-$43 (-0.00%)

# 71 Vladimir Lisin 

$26.6B

Real Time Net Worth
as of 11/21/2024
-$43 (-0.00%)
Source of WealthSteel, Transport
Age68
ResidenceMoscow, Russia
Marital StatusMarried
Children3
EducationDoctorate, Russian Academy of Economics; BS, Siberian Metallurgical Institute
Age-Adjusted Net Worth$15.5B
Vladimir Lisin
Vladimir Lisin
Russia
Net worth: $26.6B

Self-Made Score 

Frederique Constant Men's FC718NWM4H6 Worldtimer Automatic Watch With Blue Leather Band

Wealth History

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Biography

Timeline

Vladimir Lisin started his career in 1975 as a mechanic in a Soviet coalmine.
After studying at the Siberian Metallurgic Institute, he became a welder foreman at Tulachermet Metals Works.
Rising through the ranks, he became section manager, shop manager in 1979, and deputy chief engineer in 1986.
In 1992, Lisin joined a group of traders (Trans-World Group) gaining control of Russia's steel and aluminium industry.
By 2000, he became the sole owner of Novolipetsk Steel.
Lisin has been a board member and chairman of Novolipetsk Steel since 1996 and 1998, respectively.
He has served on the boards of several Russian metal producers, including NLMK, MMK, Sayansk, and Novokuznetsk Aluminium Plants.
Apart from steel, Lisin's business interests include transportation, logistics, energy, and utilities, controlled via Fletcher Group Holdings.
In the summer of 2023, Lisin registered Serenity II Holdings and Nebula II Holdings in Abu Dhabi and transferred his assets there.

Education and Metallurgical Expertise

Vladimir Lisin graduated from the Siberian Metallurgic Institute in 1979 with a metallurgical engineering diploma.
He completed postgraduate study in UKRNIIMET in 1984 and received an MSc in Metal Engineering in 1989.
In 1990, he obtained a Diploma of the Higher Commercial School under the All-Union Academy of Foreign Trade.
He holds various degrees, including an MSc in Economics and Management (1992) and a Doctorate in Metal Engineering (1996).
Lisin has numerous patents for metallurgical processes, published over 100 articles, and is a professor at RANEPA.

Sports

Vladimir Lisin is a shooting sports enthusiast and was president of the European Shooting Confederation until October 2021.
He is the vice president of the Russian Olympic Committee and a member of the ISSF Executive Committee since 2013.
Lisin was elected president of the International Shooting Sport Federation in November 2018.
He built one of Europe's largest shooting-range complexes in Lisya Nora, near Moscow.

Sanctions and Controversies

Lisin was sanctioned by Australia after the 2022 Russian invasion of Ukraine.
He resisted calls to step down as president of the ISSF, supported by the Russian-born ISSF Secretary General Alexander Ratner.
In March 2022, Lisin called for a peaceful resolution in a letter to NLMK staff amid the conflict.
In September 2022, NLMK was accused of supplying materials to Russian firms involved in nuclear weapon development, and Lisin's tankers were alleged to have participated in evading EU sanctions.
In October 2022, there were calls for the US to sanction Lisin.

Personal Life

Vladimir Lisin is married and has three children.
He purchased the 17th-century Aberuchill Castle and its surrounding estate in Perthshire, Scotland, in 2005.

Vladimir Lisin's Wealth is Equivalent to:

20,461,894 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

5,029,328 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

271,654 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Vladimir Lisin?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Vladimir Lisin's net worth of $26.6B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Vladimir Lisin is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Vladimir Lisin, Steel and Transport are the primary sources. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

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Edited by: Lee Bailey