Viktor Rashnikov

Viktor Rashnikov (#367)

Global Rank #367

Country Rank #18

Country Russia

Viktor Rashnikov is listed among the world billionaires tracked by Iconic Billionaires.

$ 9 B
Steel
Russia
M
77 Years

Snapshot

Quick Facts

Global Rank #367

Country Rank #18

Net Worth $9.3B

Previous Worth $9.3B

Worth Change +$0.0B

Country Russia

Industry Steel

Age 77 Years

Gender M

Worth As Of May 3, 2026

Residence Magnitogorsk, Russia

Citizenship Russia

World Billionaires List Russia Billionaires Steel

Profile Data

Personal Stats

Age 77

Source Of Wealth Steel, Self Made

Residence Magnitogorsk, Russia

Citizenship Russia

Marital Status Married

Children 2

Education Master of Science in Engineering, Magnitogorsk Mining and Metallurgical Institute

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $9.3B

Current Net Worth $9.3B

Worth as of May 3, 2026

About Me

Viktor Rashnikov is the majority owner of Magnitogorsk Iron & Steel Works (MMK). Rashnikov got his start as a mechanic at MMK back in 1967. He built his ownership in the company to nearly 100% by buying shares on the market. Rashnikov stepped down as CEO of MMK in 2011 after 14 years in the job. He was sanctioned by the EU and U.K. in March 2022. His youngest daughter, Olga, joined the board and the strategic planning committee in 2012. She resigned from the board in March 2022. In February 2022 Rashnikov transferred his shares of MMK from a Cyprus-registered company to Russian Altair LLC. In November 2022 he received the award Hero of Labour of the Russian Federation from Vladimir Putin "for special labor service for the country and people".

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Viktor Rashnikov.

#372

Billionaires (2026)

Insights

Did You Know?

Rashnikov was associated with a 460-foot, $240 million (estimated value) yacht named "Ocean Victory" but its ultimate ownership is currently unclear.

A passionate hockey fan, Rashnikov has been president of hockey club Metallurg Magnitogorsk since 1999.

Wealth Growth

Net Worth Growth Over Time

Tracking Viktor Rashnikov's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $9.3B (May 3, 2026)