Rusal, which became the first Russian firm to list in Hong Kong, said it returned to profit in 2009.
The multi-billionaire will get the IPO bonus in the form of 50.6m shares at the offer price of HK$10.8 ($1.38).
Rusal, the world's largest aluminium producer, also said in a statement that "the IPO bonus of certain members of senior management and employees of the company would be $13.9M".
Rusal's $821M net profit for 2009 came after a loss of almost $6bn the previous year.
Its revenue fell almost 50% to $8.2bn, as the company called 2009 ‘one of the toughest’ years on record for the industry.
The $2.2bn share listing in January in Hong Kong helped Rusal to pay down some of its recently restructured $16.6bn debt. In February, Rusal's overall debt stood at $12.9bn.