Portrait of Nikolai Buinov

Rank #927

Nikolai Buinov

Net worth $4.6B

Oil, gas · Russia

Born
Jul 09, 1967
Age
58
Source
Oil, gas
Residence
Irkutsk
Citizenship
Russia
Marital status
Married
Children
2
Education
Master of Science in Engineering, Leningrad Institute of Railway Engineers

Net worth over time

Biography

  • Nikolay Buinov is the main shareholder of Irkutsk oil company, the largest independent private oil company in Russia.
  • Buinov got his start with a timber company in the early 1990s.
  • In 1995, Buinov and his father founded Bodaibo energy company, which supplied fuel and lubricants to gold miners in the north of Irkutsk in Siberia.
  • Buinov purchased the license for an oil field in 1997, which was the start of what would become Irkutsk Oil Company.
  • Buinov sold a stake in IOC to the European Bank for Reconstruction and Development (EBRD) in 2008; EBRD later sold part of its stake to Goldman Sachs.
  • In 2022 Goldman Sachs sold its stake in IOC to Buinov and his partners.