Portrait of Arsen Kanokov

Rank #2637

Arsen Kanokov

Net worth $1.5B

Real estate · Russia

Born
Feb 22, 1957
Age
69
Source
Real estate
Residence
Moscow
Citizenship
Russia
Marital status
Married
Children
3
Education
Doctorate, Plekhanov Russian University of Economics

Net worth over time

Biography

  • Arsen Kanokov's fortune stems from the Sindika Group, which has 35 shopping centers in southern Russia and eight hotels -- three of which are in Sochi, a prominent city known for its resorts.
  • Kanokov was born in Kabardino-Balkaria, in 2005-2013 he used to be a president of Kabardino-Balkaria, one of Russia southern regions.
  • He is a member of the Federation Council from Kabardino-Balkarian Republic.
  • Kanokov bought shares of Starbucks, OBI and McDonalds in Russia after the companies decided to exit the country amid the Russia-Ukraine war.
  • He is under E.U. and U.S. sanctions since 2022, and under U.K. sanctions since 2025.