Born in 1956, June 10th, in town of Telsiai. His parents Feliksas and Elena Paksai still live in this town. Rolandas is their singleton. In 1974 he graduated from Zemaites secondary school in Telsiai and then left for Vilnius. In 1979 graduated from Vilnius Civil Engineering Institute (now - Vilnius Gediminas Technical University) receiving a degree of Industrial and Civil Constructions engineer. In 1984 graduated from Leningrad (now - Sankt Petersburg) Civil Aviation Academy receiving a degree of engineer pilot.
R.Paksas became a professional sportsman. A member of former Soviet Union acrobatic flying team, Lithuanian high pilotage team. Multifold champion of acrobatic flying in Lithuania, winner of international aeroplane sport competitions.
While being a sportsman R.Paksas worked as pilot trainer. Later he became Director of S.Darius and S.Girenas aeroclub in Vilnius, commander of Voluntary National D Service. 1992-1997 was a president of construction joint-stock company "Restako".
In 1997 R.Paksas was elected to Vilnius City Council and in 1999 became a Mayor of the city of Vilnius. Later this year he became Prime Minister of the Republic of Lithuania in the Ninth Cabinet. After resignation he worked as the Adviser to President of the Republic of Lithuania, Authorized Representative for Special Assignments. He was elected the chairman of Lithuanian Liberal union. From October 1999 until September 2002 president of Vilnius Club, one of the founders of Vilnius Club. In 2000 R.Paksas became a Mayor of the city of Vilnius. Soon he was elected to the Parliament of the Republic of Lithuania. From November 2000 until June 2001 he was Prime Minister in the Eleventh Cabinet. Later he became a leader of opposition in Parliament. In March 2002 he was chairman of the newly-founded Liberal Democrats party. From September 2002 honorary president of the Vilnius Club. Member of Acrobatic Flying Federation of Lithuania.
Married to Laima Paksiene, engineer economist. Two children, daughter Inga and son Mindaugas.

In January 5, 2003 Rolandas Paksas was elected President Of the Republic of Lithuania.
April 6, 2004 Lithuania's parliament sacked Paksas for his links to a Russian businessman who funded his election campaign, making Paksas the first European leader to be removed through impeachment.