Leonid Fedun, co-founder of Lukoil, sold his stake back to the company - Reuters
Leonid Fedun, co-founder of Lukoil, sold his stake in the Russian company back to it, Reuters writes , citing three sources. According to the agency, Fedun sold his share to Lukoil at the beginning of 2025. Reuters notes that Fedun's share was worth about $7 billion, but it is unknown how much he received as a result of the deal. Lukoil declined to comment. In August, the board of directors of Lukoil decided to redeem 76 million quasi-treasury shares, the company reported in a press release .