| Net Worth | $14.5 Billion |
| Birthdate | Nov 9, 1952 |
| Profession | Businessperson & Trader |
| Nationality | Russia |
What is Gennady Timchenko Net Worth?
Gennady Timchenko net worth $14.5 billion, stands at one of the most affluent men from Russia. From Leninakan, Armenian Soviet Socialist Republic, his journey began amidst the terrains of Ukraine and the German Democratic Republic. He was educated at the Leningrad Mechanical Institute and started his professional way as an engineer in a company near St. Petersburg. Later, he came to the trade department.
In the late 1980s, Timchenko ascended to the helm of Kirshineftekhimexport, a state-owned oil entity. He became one of the big shareholders after the privatization. The scope of his business portfolio includes co-ownership and substantive interest in various enterprises. Notably, he is associated with Gunvor Group, which is a big energy conglomerate, and further holds considerable stakes in Sibur Holding, known as the petrochemical giant, at 37.5%. Further, Timchenko has investments in Russian Sea Group, which is a leader in the retail of fish. Most of the commercial interests are thereby controlled under the signboard of the Volga Resources group. He also holds control over an engineering firm called Stroytransgaz and the railway company called Transoil.
FAQ about Gennady Timchenko Net Worth
1. Who is Gennady Timchenko?
- Gennady Timchenko is a prominent Russian businessperson and trader, recognized for his significant wealth and extensive business interests.
2. What is Gennady Timchenko net worth?
- Gennady Timchenko net worth is estimated to be a staggering $14.5 billion, making him one of the wealthiest individuals in Russia.
3. When and where was Gennady Timchenko born?
- Gennady Timchenko was born on November 9, 1952, in Leninakan, Armenian Soviet Socialist Republic (now Gyumri, Armenia).
4. What is Gennady Timchenko’s educational background?
- Gennady Timchenko attended the Leningrad Mechanical Institute for his education.
5. What are some notable aspects of Gennady Timchenko’s early career?
- Gennady Timchenko began his professional career as an engineer in a firm near St. Petersburg, later transitioning to the trade department.
6. What significant roles has Gennady Timchenko played in the business world?
- Gennady Timchenko rose to prominence as the head of Kirshineftekhimexport, a state-owned oil entity, and later became a significant shareholder after its privatization. He is also associated with the Gunvor Group, a major energy conglomerate, and holds a substantial stake in Sibur Holding, a petrochemical giant.
7. What are some of Gennady Timchenko’s notable business investments?
- Gennady Timchenko has investments in various enterprises, including the Russian Sea Group, a leading fish retailer, and he consolidates the majority of his business interests under the Volga Resources group. Additionally, he oversees Stroytransgaz, an engineering firm, and Transoil, a railway company specializing in oil product transportation.
8. What are some key companies associated with Gennady Timchenko?
- Key companies associated with Gennady Timchenko include the Gunvor Group, Sibur Holding, Russian Sea Group, Volga Resources group, Stroytransgaz, and Transoil.
9. How has Gennady Timchenko’s wealth contributed to his influence in Russia and globally?
- Gennady Timchenko’s immense wealth has granted him significant influence both within Russia and globally, allowing him to play pivotal roles in various sectors, particularly in the energy and petrochemical industries.
Quick Summary
- Brief biography of Gennady Timchenko net worth of $14.5 billion. It avails the background of Timchenko, among them having been born in Leninakan, Armenian Soviet Socialist Republic, and his education at the Leningrad Mechanical Institute. The article tells of the career of Timchenko, first as an engineer near St. Petersburg and then in the trade department, briefly raising the question of his leadership in a state-owned oil company, Kirshineftekhimexport, and later its privatization when his stake emerged as of a major shareholder. These included dealings with the Gunvor Group, the Sibur Holding, the Russian Sea Group, and other activities he is said to control, like the Volga Resources group, Stroytransg group, and Transoil.
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