Exclusive: Lukoil co-founder Fedun sells his stake back to company, sources say

Leonid Fedun, a co-founder of Lukoil , has sold his roughly $7 billion stake in the Russian company, three sources said and data showed, completing a 30-year ride that made Lukoil a global force but lately saw it shrinking fast under sanctions.

Nov 25, 2025 - 22:00
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Exclusive: Lukoil co-founder Fedun sells his stake back to company, sources say
Leonid Fedun, a co-founder of Lukoil , has sold his roughly $7 billion stake in the Russian company, three sources said and data showed, completing a 30-year ride that made Lukoil a global force but lately saw it shrinking fast under sanctions.

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