Viktor Rashnikov

About Viktor Rashnikov

Birth Day: October 13, 1948
Birth Place: Magnitogorsk, Russia, Russia
Residence: Magnitogorsk, Russia
Occupation: Chairman, Magnitogorsk Iron and Steel Works
Spouse(s): married
Children: 2
Awards: Order "For Merit to the Fatherland" (2nd class) Order "For Merit to the Fatherland" (3rd class) Order "For Merit to the Fatherland" (4th class) Order of Honour

Viktor Rashnikov

Viktor Rashnikov was born on October 13, 1948 in Magnitogorsk, Russia, Russia. Victor Rashnikov is majority owner of Magnitogorsk Iron & Steel Works (MMK). He got his start as a mechanic at the metals outfit back in 1967 and worked his way up. He built his ownership to nearly 100% by buying shares on the market, and he fought off takeover attempts by companies associated with fellow billionaire Iskander Makhmudov. When he faced shortages of iron ore, he and his partners bought one of the biggest iron ore deposits in Russia. In 2007 he took MMK public on the London Stock Exchange and pocketed $1 billion. He stepped down as chief executive of MMK in 2011 after 14 years. His youngest daughter, Olga, joined the board and the strategic planning committee a year later. In 2015 Rashnikov launched his new $300 million (estimated cost), 460-foot yacht, "Ocean Victory." Most of his fortune is still held in MMK shares.
Viktor Rashnikov is a member of Manufacturing

Does Viktor Rashnikov Dead or Alive?

As per our current Database, Viktor Rashnikov is still alive (as per Wikipedia, Last update: May 10, 2020).

🎂 Viktor Rashnikov - Age, Bio, Faces and Birthday

Currently, Viktor Rashnikov is 72 years, 6 months and 1 days old. Viktor Rashnikov will celebrate 73rd birthday on a Wednesday 13th of October 2021. Below we countdown to Viktor Rashnikov upcoming birthday.

Popular As Viktor Rashnikov
Occupation Manufacturing
Age 72 years old
Zodiac Sign Scorpio
Born October 13, 1948 (Magnitogorsk, Russia, Russia)
Birthday October 13
Town/City Magnitogorsk, Russia, Russia
Nationality Russia

🌙 Zodiac

Viktor Rashnikov’s zodiac sign is Scorpio. According to astrologers, Scorpio-born are passionate and assertive people. They are determined and decisive, and will research until they find out the truth. Scorpio is a great leader, always aware of the situation and also features prominently in resourcefulness. Scorpio is a Water sign and lives to experience and express emotions. Although emotions are very important for Scorpio, they manifest them differently than other water signs. In any case, you can be sure that the Scorpio will keep your secrets, whatever they may be.

🌙 Chinese Zodiac Signs

Viktor Rashnikov was born in the Year of the Rat. Those born under the Chinese Zodiac sign of the Rat are quick-witted, clever, charming, sharp and funny. They have excellent taste, are a good friend and are generous and loyal to others considered part of its pack. Motivated by money, can be greedy, is ever curious, seeks knowledge and welcomes challenges. Compatible with Dragon or Monkey.

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Famous Quotes:

"By 2007, 10 years after Mr. Rashnikov became director, MMK doubled steel production from 6m to 12m tonnes a year."



In 1974, Rashnikov achieved his first degree having studied the field of Metal Forming Process in Magnitogorsk Institute of Mining and Metallurgy. He later gained another degree in Organization of Production Administration, graduating from that program in 1994.


Rashnikov is the owner and the President of Metallurg Magnitogorsk ice hockey team. Since he took over in 1993, the team worked up a reputation as one of the top Russian teams of the new era. Magnitogorsk advanced to the Russian Superleague finals six times becoming a three time champion of Russia.


Rashnikov received his doctorate in Technical Sciences in 1998. In addition to writing many research papers and scientific reports, he has implemented numerous engineering solutions.


In 2002 he was elected to the position of Honored Professor at the Moscow Institute of Steel and Alloys. Additionally, he holds a role at the Russian Academy of Quality Problems as an Academician.


In 2005, Rashnikov left the position of CEO, but remains the chairman of the company.


With the support of Rashnikov and MMK, in 2006 on the bank of the Ural River a modern ice palace with a capacity of more than 7,500 people was built (the Investments amounted to $50 million). The Arena Metallurg stadium is the base of the Metallurg ice hockey club, as well as the junior ice hockey team Stalnye Lisy (Steel Foxes).


- Rashnikov helped to fund the Holy Ascension Cathedral in Magnitogorsk – the main cathedral of the Magnitogorsk diocese, located in the city of Magnitogorsk.


The company in 2016 produced 70% of metal requirements at AvtoVAZ, 50% at GAZ and 50% at KAMAZ. The company fully met Russian Ford’s metal requirements.


Having worked his way up through various positions at MMK, Viktor Rashnikov was able in the 90-s to attain near complete control of the company through the purchase of shares on the market (87.26% as of May 2017).


Rashnikov’s contribution to social development of Magnitogorsk is recognized by the Russian government. In 2009, the then Prime Minister of Russia Vladimir Putin praised Rashnikov for his management.

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