Vladimir Bogdanov

Net worth over time

Biography

• Vladimir Bogdanov made his fortune in oil drilling. He was appointed chief executive of Surgutneftegas when he was 33.
• In the early 1990s he and fellow managers privatized the company, which is famous for its thrift and avoiding expensive purchases.
• In 2016, he was awarded Hero of Labour of the Russian Federation by Vladimir Putin "for special labor service for the country and people".
• In 2018, Bogdanov was sanctioned by the U.S. and in 2022 he was sanctioned by the European Union.
• Bogdanov is often called the "Siberian hermit," because he rarely leaves the remote town of Surgut and avoids public attention.
• His Surgutneftegas managed to accumulate a huge cash pile of $56 billion at 2021, much more than the company's market capitalization.

Financial assets