Portrait of Vladimir Yevtushenkov

Rank #2492

Vladimir Yevtushenkov

Net worth $1.6B

Telecom, investments · Russia

Born
Sep 25, 1948
Age
77
Source
Telecom, investments
Residence
Moscow
Citizenship
Russia
Marital status
Married
Children
2
Education
Master of Science in Engineering, Mendeleyev Chemical Engin; Master of Economics, Moscow State University

Net worth over time

Biography

  • Vladimir Yevtushenkov is a cofounder of AFK Sistema, which has investments in Russia's largest cellular operator MTS, online retailer Ozon and healthcare chain Medsi.
  • Yevtushenkov was hit by sanctions in April 2022 and transferred 10% of his stake in AFK Sistema to his son; Forbes still credits him with his remaining 49% stake in the company.
  • In 2014, AFK Sistema was accused of illegally acquiring a controlling stake in oil firm Bashneft. The shares were returned and sold to state-owned Rosneft.
  • In 2023 the company, through its Cosmos Hotel Group, acquired ten Radisson and Park Inn hotels for just 200 million euros from Norway's Wenaas Hotel Russia, which left the Russian market.
  • AFK Sistema was founded in 1993.

Financial assets

Exchange Ticker Company Shares Price Currency