Portrait of Denis Shtengelov

Rank #2617

Denis Shtengelov

Net worth $1.4B

Food, retail · Russia

Born
May 14, 1972
Age
54
Source
Food, retail
Residence
Gold Coast
Citizenship
Russia
Marital status
Married
Children
3
Education
Master of Science, Tomsk State University

Net worth over time

Biography

  • Denis Shtengelov controls KDV, a large food business in Russia that sells everything from candy and beverages to pasta.
  • Born in the village of Gubino in the Tomsk region, Shtengelov's first business was selling sunflower seeds.
  • In 1997 Shtengelov bought his first confectionery factory in Yashkino, Kemerovo region with partners.
  • He also owns retailer Yarche! with 1,400 supermarkets in Russia.
  • Shtengelov, who has lived in Australia for years, invested $20 million to set up KDV Sport's golf and tennis academy on the country's Gold Coast.
  • Shtengelov was an investor in a shopping mall that caught fire in 2018 in a deadly incident that killed 60 people, including 37 children.