10 Things You Didn’t Know About Leonid Fedun

Leonid Fedun, a renowned Russian businessman, is the Vice-President and co-founder of the oil company Lukoil. With years of experience in the energy sector, Fedun has made significant contributions to the growth and success of Lukoil. While many may be familiar with his professional achievements, there are several intriguing and lesser-known facts about Leonid Fedun that are worth exploring. In this article, we will uncover ten fascinating things you may not have known about Leonid Fedun.

1. Early Life and Education

Leonid Fedun was born on April 5, 1956, in Kyiv, Ukraine (then part of the Soviet Union). Raised in a working-class family, he developed a strong work ethic at an early age. Fedun attended the Gubkin Russian State University of Oil and Gas, where he pursued a degree in Mining Engineering and graduated with honors. This solid foundation in the field of oil and gas would lay the groundwork for his future success.

2. Football passion

Did you know that Leonid Fedun is not only a shrewd businessman but also a passionate football enthusiast? As a long-time admirer of the sport, he has been involved with the Spartak Moscow football club for many years. Fedun has served as the chairman of the board at Spartak Moscow and has made significant investments in the team. His love for football even led him to establish his own football academy, aiming to nurture and develop young talent in Russia.

3. Philanthropy and Charity Work

Beyond his professional endeavors, Leonid Fedun is deeply committed to philanthropy and giving back to society. He has made substantial contributions to various charitable organizations and initiatives focused on education, healthcare, and social welfare. Fedun also initiated the construction of a modern medical center in Moscow, providing state-of-the-art healthcare facilities to the local community.

4. Passion for the Arts

Contrary to popular belief, Leonid Fedun possesses a keen interest in the arts. He is an avid collector of contemporary Russian art and has amassed an impressive collection over the years. Fedun actively supports young artists and often showcases his collection at exhibitions to promote and encourage artistic expression.

5. Olympic Dreams

Leonid Fedun’s passion for sports extends beyond football; he also had aspirations of becoming an Olympic athlete. During his youth, he trained as a rower and pursued a spot on the Soviet Union’s national rowing team. Though he did not qualify for the Olympic Games, this experience instilled in him the importance of discipline, teamwork, and striving for excellence.

6. Environmental Stewardship

As a successful businessman in the oil industry, Leonid Fedun recognizes the importance of environmental stewardship. He has actively supported and invested in projects aimed at promoting sustainable practices and reducing the ecological impact of oil and gas operations. Fedun believes in the potential of clean energy technologies to address the challenges of climate change.

7. Entrepreneurial Ventures

In addition to his role at Lukoil, Leonid Fedun has ventured into various business sectors through his investment company, FCL Group. His interests span from real estate to telecommunications, showcasing his diverse entrepreneurial spirit. Fedun’s ventures highlight his ability to identify and capitalize on opportunities outside the oil and gas industry.

8. Mentorship and Leadership

Over the years, Leonid Fedun has mentored numerous young entrepreneurs, inspiring and guiding them towards success. He believes in the power of mentorship and actively engages with aspiring business leaders to share his expertise and experiences. Fedun’s leadership style emphasizes the importance of innovation, adaptation, and a forward-looking vision.

9. Books and Literature

Amidst his busy professional life, Leonid Fedun finds solace in literature. He is an avid reader and has shared his love for books through numerous interviews and public appearances. Fedun often recommends books on various topics, including business, leadership, history, and biographies, to promote the habit of reading and continuous learning.

10. Personal Wealth

As of 2021, Leonid Fedun’s net worth was estimated at approximately $4.5 billion, making him one of the wealthiest individuals in Russia. While his wealth is largely attributed to Lukoil’s success, his various investments and business ventures have also contributed significantly to his personal fortune.

Leonid Fedun’s passion for sports, commitment to philanthropy, and diverse range of interests showcase a multi-faceted individual who has achieved success in both professional and personal endeavors. Beyond his financial accomplishments, Fedun’s contribution to society and support for various causes demonstrate his desire to make a positive impact on the world.


Lukoil Official Website
Forbes – Leonid Fedun
Wikipedia – Leonid Fedun