Portrait of Boris Rotenberg

Rank #2861

Boris Rotenberg

Net worth $1.3B

Construction, pipes, chemicals · Russia

Born
Jan 03, 1957
Age
69
Source
Construction, pipes, chemicals
Residence
Moscow
Citizenship
Russia
Marital status
Married
Children
5
Education
Master of Arts/Science, Leningrad Institute of Physical Culture

Net worth over time

Biography

  • Younger brother of Arkady Rotenberg, Boris was his partner in SMP Bank and several infrastructure constrictors.
  • The Rotenberg brothers were hit by U.S. sanctions and had assets frozen in 2014 because of their close ties to President Vladimir Putin.
  • The U.S. Treasury claimed that Putin had awarded the Rotenbergs billions of dollars in contracts with Gazprom and for the Sochi Olympics.
  • Unlike Arkady, Boris was not subject to European Union sanctions because he has Finnish citizenship. The U.K. sanctioned him in February 2022.
  • In recent years Boris Rotemberg sold almost all of his assets including stake in SMB Bank.
  • Boris is vice president of the Russian Judo Federation. He sponsors the SMP Racing Project, which supports young Russian drivers. He also owns Sochi football club.
  • In 2018 Finnish Defense Forces banned Rotenberg from building a guest house on his site because it is located near a military base.