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Leonid Fedun

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Leonid Fedun
Леонид Федун
Fedun in 2014
Born
Leonid Arnoldovich Fedun

(1956-04-05) 5 April 1956 (age 68)
Kiev, Ukrainian SSR, Soviet Union (now Ukraine)
OccupationBusinessman
SpouseMarried
Awards

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]

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.

Education

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Leonid Fedun was born in Kyiv in 1956, but grew up in Baikonur, as his father was sent as a military surgeon. He fimished School No. 1 in Baikonur and pursued a military career. In 1977, he graduated from the Military-Political Department of the Rostov Higher Military Command School. Later, he entered post-graduate education in the Dzerzhinsky Military Academy. In 1984, he obtained a Ph.D with a thesis on the public opinion of military servants as the component of army morale.[5]

From 1984 to 1992 he taught Sociology at the Academy and rose to the rank of colonel.[5][6] In 1993, he complete a post-graduate course in the Higher School of Privatization and Entrepreneurship.[7] Since 1995, he has been a member of the Russian Academy of Natural Sciences.[citation needed]

Career

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In addition to his work at the Academy, Fedun was a lecturer in the Znanie organization. In 1987, he visited Kogalym with a lecture, was introduced to the management of production company Kogalymneftegaz, and got a job offer from its director Vagit Alekperov.[5][8]

In 1990, Alekperov was appointed as the deputy minister of oil and gas industry and invited Fedun to Moscow. In 1992, Alekperov left the public service and created a LangepasUraiKogalymneft concern which included companies working on the largest oil pools in Langepas, Urai, and Kogalym regions. In 1993, this company was transformed into LUKoil. From 1992 to 1994, Fedun was the founder and CEO of Neftkonsult (which later became LUKoil-Consulting) consulting firm and Lukoil Reserve Invest (which became the core of the IFD Kapital Group) oil brokerage company. In 1995, he was appointed the vice-president of LUKoil.[8][9][10]

In 1993, Fedun was officially dismissed from the Russian military and within the same year became the CEO of JSC.[citation needed]

As of May 2006, Fedun was one of the main owners of IFD Kapital Group.[11]

In 2020, he donated 10 million rubles to the Vishnevsky Institute of Surgery to the fight COVID-19.[12]

Sports

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In 2004, Fedun became the second-largest shareholder and the president of FC Spartak Moscow (Fedun owned 32.7% while Alekperov owned 36.7%).[13][14] According to the entrepreneur, by 2014, he invested nearly a billion dollars the club.[8] Fedun remained the president of FC Spartak Moscow until 2022. Under his management, the club got a home stadiun Lukoil Arena, opened a football school Spartak Academy, became a 2017 champion of Russia, won the 2017 Russian Super Cup and the 2021–22 Russian Cup.[9][5] On August 22, 2022, Leonid Fedun resigned as president of FC Spartak Moscow, selling 100% of his shares to Lukoil.[2]

In July 2021, Fedun made a £400 million offer to purchase the English Premier League club Wolverhampton Wanderers, which was rejected.[12]

Awards and honors

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His business ventures have earned him numerous state awards (Order For Merit to the Fatherland of III and IV class, and the Order of Honour).[15][16][17]>[9]

Family

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Fedun's father was Arnold Antonovich Fedun (1928-2021), the People's Doctor of the USSR, former chief surgeon of the RVSN, colonel of the medical service.[18]

Fedun was married twice. He has two children with his first wife Marina Fedun: Anton (born 1985) and Ekaterina (born 1988)[19][20] He also has five children with his second wife Zarema Salikhova: Leo, Lucas, Lavr, Adriana, and another daughter born in 2022.[21][22][23]

See also

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References

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  1. ^ a b "Co-founder of Russian oil company Lukoil steps down". Reuters. 27 June 2022. Retrieved 3 July 2023.
  2. ^ a b 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. ^ a b c d "Leonid Fedun Biography". The Russian Stadium. 17 November 2016. Retrieved 20 March 2025.
  6. ^ "Леонид Федун занимает 20 место в рейтинге 100 богатейших бизнесменов России | Forbes.ru". 4 December 2010. Archived from the original on 4 December 2010. Retrieved 20 May 2024.
  7. ^ "Что известно о бывшем владельце ФК «Спартак» Леониде Федуне?". AiF (in Russian). 21 May 2015. Retrieved 20 May 2024.
  8. ^ a b c "Leonid Fedun (profile)". KO. Retrieved 20 March 2025.
  9. ^ a b c "What Leonid Fedun is known for?". Kommersant. 27 June 2022.
  10. ^ "Leonid Fedun - $3.9 billion - 2016-05-17 - The 93 Global Billionaires In Oil And Energy, 2016". Forbes. Retrieved 20 May 2024.
  11. ^ 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.
  12. ^ a b "Миллиардер Леонид Федун пожертвовал 10 млн рублей на борьбу с коронавирусом". Forbes.ru (in Russian). 17 April 2020. Retrieved 22 July 2021.
  13. ^ Леонид Федун
  14. ^ Buckley, Neil (27 November 2014). "Lukoil executive predicts significant fall in Russian oil output". Financial Times.
  15. ^ "Федун Леонид Арнольдович биография и пресс-портрет". whoiswho.dp.ru (in Russian). Retrieved 26 September 2024.
  16. ^ "Леонид Федун награжден орденом "За заслуги перед Отечеством"". Русфутбол (in Russian). 15 August 2012. Retrieved 26 September 2024.
  17. ^ "Указ Президента Российской Федерации от 08.08.2012 № 1127 - Сейчас.ру". www.lawmix.ru. Retrieved 26 September 2024.
  18. ^ Телингатер, Григорий. "Умер отец Леонида Федуна. Он был хирургом и оперировал до 10 человек в день". www.championat.com (in Russian). Retrieved 20 May 2024.
  19. ^ "Дочь Федуна – на 3-м месте в рейтинге богатейших женщин России по версии Forbes". sport.business-gazeta.ru (in Russian). 27 August 2020. Retrieved 20 May 2024.
  20. ^ "The elder children of Leonid Fedun turned billionaries". Forbes. 2 September 2024. Retrieved 20 March 2025.
  21. ^ "Forbes profile: Leonid Fedun". Forbes. Retrieved 9 June 2019.
  22. ^ ЗАРЕМА САЛИХОВА: о Федуне, "Спартаке" и российском футболе, 21 June 2021, archived from the original on 20 December 2021, retrieved 22 July 2021
  23. ^ Maksin Khrusch (30 June 2022). "Zarema Salikhova gave birth to her fifth child with Leonid Fedun". Championate. Retrieved 20 March 2025.
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