Leonid Arnoldovich Fedun (russian: Леонид Арнольдович Федун; born 5 April 1956) is a

Ukrainian Ukrainian may refer to: * Something of, from, or related to Ukraine * Something relating to Ukrainians, an East Slavic people from Eastern Europe * Something relating to demographics of Ukraine in terms of demography and population of Ukraine * So ...

-born Russian

billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...

businessman. A close associate of

Vagit Alekperov Vagit Yusufovich Alekperov ( az, Vahid Yusuf oğlu Ələkbərov, russian: Вагит Юсуфович Алекперов; born 1 September 1950) is a Russian– Azerbaijani businessman. He was the President of the oil company Lukoil from 1993 unti ...

, formerly a key figure in oil company

Lukoil The PJSC Lukoil Oil Company ( stylized as LUKOIL or ЛУКОЙЛ in Cyrillic script) is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petrol ...

and Russia's most successful football club,

Spartak Moscow Spartak Moscow may refer to the following teams based or formerly based in Moscow, Russia: * FC Spartak Moscow, an association football club * HC Spartak Moscow, a professional ice hockey team * Spartak GM Moscow, a semi-professional rugby club * WB ...

, Fedun himself was involved with the two entities. In fact, between 2004 and 2022, Fedun was Spartak's top official and the second-largest shareholder.Леонид Федун
/ref> His business ventures have earned him numerous state awards (Order For Merit to the Fatherland, 4th Order and the Order of Honour). With an estimated wealth of $8.5 billion (as of June 2019), critics have labelled Fedun as an oligarch. Prior to entering the private sector, he was a military officer.

Career

In November 1992, he went into business and founded the company Neftkonsult LLP. In 1993, Fedun was officially Dismissed 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

was a key figure. Fedun has met Alekperov in the 1980s while he was a teacher in the

Siberian Siberia ( ; rus, Сибирь, r=Sibir', p=sʲɪˈbʲirʲ, a=Ru-Сибирь.ogg) is an extensive region, geographical region, constituting all of North Asia, from the Ural Mountains in the west to the Pacific Ocean in the east. It has been a ...

town of

Kogalym Kogalym (russian: Когалым; Khanty: Коголым, ''Kogolym'') is a town in Khanty-Mansi Autonomous Okrug, Russia, located on the Inguyagun River northeast of Khanty-Mansiysk. Population: History Kogalym was founded in 1975 due to th ...

. As of May 2006, Fedun was one of the main owners of

IFD Kapital Group IFD Kapital Group, earlier also called IFD Capital Financial Group, is a Russian financial holding company founded in 2003 from LUKoil non-oil assets, based in Moscow. With assets exceeding US$14.7 billion and total shareholders’ funds of 7.5 bil ...

. In 2020, he donated 10 million rubles to the Vishnevsky Institute of Surgery to the fight against the

novel coronavirus Novel coronavirus (nCoV) is a provisional name given to coronaviruses of medical significance before a permanent name is decided upon. Although coronaviruses are endemic in humans and infections normally mild, such as the common cold (caused by ...

. In July 2021, Fedun offered £400 million to purchase

Premier League The Premier League (legal name: The Football Association Premier League Limited) is the highest level of the men's English football league system. Contested by 20 clubs, it operates on a system of promotion and relegation with the English Foo ...

club

Wolverhampton Wanderers Wolverhampton Wanderers Football Club (), commonly known as Wolves, is a professional football club based in Wolverhampton, England, which compete in the . The club has played at Molineux Stadium since moving from Dudley Road in 1889. The club's ...

, which was rejected. On August 22, 2022, Leonid Fedun resigned as president of FC Spartak Moscow, selling 100% of his shares to Lukoil.

Personal life

Fedun is on his second marriage, has six children and lives in Moscow.

References

Russian billionaires Russian businesspeople in the oil industry Russian chief executives Living people Businesspeople from Kyiv 1955 births Russian football chairmen and investors FC Spartak Moscow Recipients of the Order of Honour (Russia) Russian oligarchs Russian businesspeople in Cyprus {{Russia-business-bio-stub

Career

Personal life

See also

References