Portrait of Gennady Timchenko

Rank #109

Gennady Timchenko

Net worth $24.2B

Oil, gas · Russia

Born
Nov 09, 1952
Age
73
Source
Oil, gas
Residence
Moscow
Citizenship
Russia
Marital status
Married
Children
3
Education
Master of Science in Engineering, Leningrad Mechanical Institute

Net worth over time

Biography

  • Gennady Timchenko has stakes in various Russian businesses, including gas company Novatek and petrochemical producer Sibur Holding.
  • Timchenko ran a state-owned oil exporting company and became one of its largest shareholders when it was later privatized.
  • One of Russia's most powerful people, he befriended Putin in the 1990s in Saint Petersburg when he and the Rotenberg brothers started a judo club called Yavara- Neva.
  • Timchenko was sanctioned by the U.S. in 2014 and by the EU and U.K. in 2022.
  • He remains chairman of the Russian national hockey league KHL and is president of the SKA Saint-Petersburg Hockey Club.
  • Timchenko grows apples in Russia.
  • Timchenko sold his stake in trading company Gunvor to partner Torbjorn Tornqvist in 2014, a day before he was hit with sanctions.

Financial assets

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