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Viktor Filippovich Rashnikov (born October 13, 1948) is a Russian billionaire businessman. An oligarch, he made his wealth (estimated at $9.1 billion in February 2019) in the iron and steel industry, being the majority owner of Magnitogorsk Iron & Steel Works (MMK), one of the world's leading steel producers. He owns Ocean Victory, at the time of her construction the 10th largest yacht in the world. Following Russia's invasion of Ukraine, Rashnikov and MMK were placed on sanctions lists by the USA, UK and EU. In September 2022, Hungary sought to have Rashnikov dropped from the EU's list. (Source: DBPedia)
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