Vladimir Lisin
Russian businessman; chairman and majority owner of the steelmaker NLMK Group
| Vladimir Lisin
| |
|---|---|
| Image | .jpg) Vladimir Lisin |
| Born | 7 May 1956 Ivanovo, Russia |
| Nationality | Russia |
| Occupation | Businessman |
| Known for | Chairman and majority shareholder of NLMK Group; president of the ISSF, 2018–2022 |
| Children | 3 |
| Education | Siberian Metallurgical Institute; doctorate, Russian Academy of Economics |
Vladimir Sergeyevich Lisin (born 7 May 1956) is a Russian businessman. He is chairman and majority shareholder of the steelmaker NLMK Group (Novolipetsk Steel), and controls about 79.3% of the company.[1][2][3] Australia sanctioned him in April 2022. Russian media reported in 2023 that he was not under US, UK or EU sanctions.[2][4][5][6] A sports shooter, he was president of the International Shooting Sport Federation (ISSF) from 2018 to 2022.[7][8] On 20 October 2026 the Forbes Real-Time Billionaires list ranked Vladimir Lisin 94th in the world, with an estimated net worth of US$25.53 billion; Forbes lists the source of wealth as Steel, transport.[1][9] In the annual World's Billionaires list published in 2026, Forbes had ranked Vladimir Lisin 101st, at US$25.5 billion.[10]
Early life and education
The Australian sanctions instrument gives his date of birth as 7 May 1956 and his place of birth as Ivanovo.[2] Forbes lists a degree from the Siberian Metallurgical Institute and a doctorate from the Russian Academy of Economics. It says he started out as an electrical fitter in a Siberian coal mine and then worked as a steelworker in central Russia.[1] The ISSF described him in 2018 as holding doctorates in engineering and economics.[7]
Career
According to Forbes, Lisin worked from 1993 as a partner of the metals trader Trans World Group (TWG). He later became a shareholder in NLMK, and TWG's court challenge to his actions failed.[1] Forbes says he also owns the port operator Port One, which has subsidiaries in the Baltic and Black Sea basins, and that in 2023 he sold the railway freight operator Freight One (PGK) to Russian investors.[1]
NLMK's group structure includes steel assets in Russia, in Europe (including NLMK La Louvière in Belgium, NLMK Dansteel in Denmark and NLMK Verona in Italy), in the United States (NLMK Pennsylvania and NLMK Indiana), and NLMK India.[11] TASS reported that NLMK's net profit under IFRS for January to June 2026 fell 45.6% year on year, to 20.5 billion roubles.[3]
Ownership structure
Forbes Russia, Vedomosti and Kommersant, citing Bloomberg, reported in 2023 that Lisin had registered special-purpose companies in the Abu Dhabi Global Market free zone. Two of them, Serenity II Holdings and Nebula II Holdings, were registered in May 2023.[12][5] At the end of June 2023 he transferred his stakes in NLMK and Freight One to these companies from the Cyprus-based Fletcher Group Holdings, which had held 79.3% of NLMK as of December 2022. Forbes Russia says an NLMK representative confirmed the transfer to Bloomberg.[5][6] A TASS report from July 2026 still described him as controlling 79.3% through Fletcher Group Holdings Limited; the sources checked do not explain the difference from the 2023 reports.[3]
Sanctions
Australia designated Lisin in its Russia and Ukraine autonomous sanctions instrument of 7 April 2022, describing him as "chairman and majority shareholder" of Novolipetsk Steel.[2] Interfax noted that Australia's list included names, Lisin's among them, that were not on the US, EU, UK or Canadian lists.[4] In 2023 Forbes Russia, Vedomosti and Kommersant all reported that he was not sanctioned by the United States, the United Kingdom or the European Union. Forbes Russia, citing EUobserver, said the EU had not acted because of the position of several member states.[5][6][12] He does not appear on the UK Sanctions List copy of 12 October 2026 held in the shared library.
Wealth
Forbes lists the fortune as "Vladimir Lisin", with steel and transport as the source.[1][9]
Wealth history
Forbes has included this entry in its annual World's Billionaires list in 23 of the editions from 2001 to 2026 checked for this profile, starting with 2004. The table gives the rank and estimated net worth in each annual list.[10][1]
| Year | World's Billionaires rank | Net worth (US$ bn) |
|---|---|---|
| 2004 | 124 | 3.8 |
| 2005 | 60 | 7.0 |
| 2006 | 41 | 10.7 |
| 2007 | 36 | 14.3 |
| 2008 | 21 | 20.3 |
| 2009 | 93 | 5.2 |
| 2010 | 32 | 15.8 |
| 2011 | 14 | 24.0 |
| 2012 | 41 | 15.9 |
| 2013 | 62 | 14.1 |
| 2014 | 53 | 16.6 |
| 2015 | 107 | 11.6 |
| 2016 | 116 | 9.3 |
| 2017 | 57 | 16.1 |
| 2018 | 57 | 19.1 |
| 2019 | 45 | 21.3 |
| 2020 | 45 | 18.1 |
| 2021 | 59 | 26.2 |
| 2022 | 87 | 18.4 |
| 2023 | 70 | 22.1 |
| 2024 | 70 | 26.6 |
| 2025 | 75 | 26.5 |
| 2026 | 101 | 25.5 |
Sport
Lisin has practised sport shooting since the age of 14, according to the ISSF. It says he became president of the Russian Shooting Union in 2002, has led the European Shooting Confederation since 2009 and has been president of the Summer Olympic Sports Association of Russia since 2011. On 30 November 2018, at the ISSF General Assembly in Munich, he was elected ISSF president by 148 votes to 144 over Luciano Rossi, succeeding Olegario Vázquez Raña.[7] Rossi replaced him as president in 2022.[8] Forbes says Lisin built one of Europe's largest shooting-range complexes, Lisya Nora, near Moscow.[1]
Political activity
No elected offices, party donations or lobbying registrations were found for Lisin in the sources checked.
International and political links
This section uses the same ten headings for every profile in this series. Only specific, sourced actions are included; company-level and foundation-level actions are labelled as such. Where nothing was found, the entry reads "No documented involvement found in sources checked."
Israel (investments, operations, donations, contracts, statements)
No documented involvement found in sources checked.
Zionist or pro-Israel organisations and lobbying groups
No documented involvement found in sources checked.
Jewish communal charities
No documented involvement found in sources checked.
Gulf states
United Arab Emirates: in 2023 he registered holding companies in the Abu Dhabi Global Market free zone and moved his NLMK and Freight One stakes to them from Cyprus.[12][5][6]
China
No documented involvement found in sources checked.
Russia
Russian national. Chairman and majority owner of NLMK, one of Russia's main steelmakers; formerly owner of Freight One; owner of Port One, according to Forbes.[1][3]
India
Company-level: NLMK's group structure includes NLMK India.[11]
Palestinian or Arab causes
No documented involvement found in sources checked.
Home government
His home government is Russia's. Australia sanctioned him in April 2022 as chairman and majority shareholder of NLMK.[2] Reports from 2023 said he had not been sanctioned by the US, the UK or the EU.[5][6]
Other international links
Cyprus: his NLMK stake was held through the Cyprus-based Fletcher Group Holdings.[5][3] Company-level: NLMK owns plants in Belgium, Denmark, Italy and the United States.[11] Sport: he was ISSF president from 2018 to 2022 and has led the European Shooting Confederation.[7][8]
See also
External links
Notes
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 Forbes, Forbes profile record for Vladimir Lisin (Forbes data feed behind forbes.com/profile/vladimir-lisin/) Forbes, live record, read 21 October 2026, accessed 21 October 2026.
- ↑ 2.0 2.1 2.2 2.3 2.4 Minister for Foreign Affairs (Australia), Autonomous Sanctions (Designated Persons and Entities and Declared Persons—Russia and Ukraine) Amendment (No. 11) Instrument 2022 Federal Register of Legislation (Australia), 7 April 2022, accessed 21 October 2026.
- ↑ 3.0 3.1 3.2 3.3 3.4 TASS, NLMK steelmaker reports H1 2026 IFRS net profit down 45.6% year-on-year TASS, 30 July 2026, accessed 21 October 2026.
- ↑ 4.0 4.1 Interfax, Australia goes further than others with personal sanctions, adds Nabiullina, Lisin and Alekperov to list Interfax, 8 April 2022, accessed 21 October 2026.
- ↑ 5.0 5.1 5.2 5.3 5.4 5.5 5.6 Ринат Таиров (Rinat Tairov), Миллиардер Лисин перевел долю в НЛМК с Кипра в Абу-Даби (Billionaire Lisin moves NLMK stake from Cyprus to Abu Dhabi) Forbes Russia, 30 June 2023, accessed 21 October 2026.
- ↑ 6.0 6.1 6.2 6.3 6.4 Ведомости (Vedomosti), СМИ сообщили о передаче Лисиным доли в НЛМК созданным им компаниям в ОАЭ (Media report Lisin transferred NLMK stake to companies he set up in the UAE) Vedomosti, 1 July 2023, accessed 21 October 2026.
- ↑ 7.0 7.1 7.2 7.3 Marco Dalla Dea / International Shooting Sport Federation, Vladimir Lisin is the new ISSF President ISSF, 30 November 2018, accessed 21 October 2026.
- ↑ 8.0 8.1 8.2 ISSF Executive Committee, The ISSF executive committee has a new president: Luciano Rossi ISSF, 1 December 2022, accessed 21 October 2026.
- ↑ 9.0 9.1 Forbes, Forbes Real-Time Billionaires data feed Forbes, live; downloaded 20 October 2026 11:51 UTC, accessed 20 October 2026.
- ↑ 10.0 10.1 Forbes, Forbes World's Billionaires list data feed, annual editions 2001–2026 (one file per year at this path with the year substituted; all 26 files downloaded and read) Forbes, annual lists; downloaded 20 October 2026, accessed 20 October 2026.
- ↑ 11.0 11.1 11.2 NLMK Group, Board of directors (corporate governance page; group companies list) NLMK, undated (read 21 October 2026), accessed 21 October 2026.
- ↑ 12.0 12.1 12.2 Коммерсантъ (Kommersant), Bloomberg: Лисин зарегистрировал две компании в Абу-Даби (Bloomberg: Lisin registered two companies in Abu Dhabi) Kommersant, 31 May 2023, accessed 21 October 2026.