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Gennady Timchenko Net Worth

Gennady Timchenko Net Worth

Net Worth: $11.8 Billion

  • Source of Wealth Oil, Gas
  • Birth Place Gyumri, Armenia
  • Marital Status Married (Elena Timchenko)
  • Full Name Gennady Nikolayevich Timchenko
  • Nationality Russia-Finland
  • Date of Birth November 9, 1952
  • Ethnicity Russian
  • Occupation Businessman
  • Education Leningrad Mechanical Institute
  • Children 3
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About Gennady Timchenko

Considered as one of Russia’s most powerful people, Gennady Timchenko is a Russian-Finnish businessman with an estimated net worth of $11.8 billion as of January 2018.

Gennady Timchenko is known to be friends with the Russian President Vladimir Putin. Currently, he holds stakes in Sibur Holding, Novatek, Transoil, Colmar and IG Seismic Services. He currently serves as SKA Saint-Petersburg Hockey Club’s President and KHL’s chairman of the board.

Timchenko’s professional career started in 1977 when he began working as an engineer in a plant that specializes in manufacturing power generators. When Russia started becoming more liberal economically, Gennady Timchenko became the head of Kirshineftekhimexport enterprise, an oil company owned by the state.

In 1990, he left Russia to work for URALS FINLAND, an oil company based in Finland. The company specializes in importing Russian oil to several countries in Europe. He is one of the founders of Gunvor international B.V., a Netherlands-based oil company which is considered as the world’s third largest oil trader.

Gennady Nikolayevich Timchenko was born on November 9, 1952, in Leninakan, Armenian Soviet Socialist Republic. He is a graduate of the Mechanical Institute of St. Petersburg with a degree in Electrical Mechanical Engineering. He is currently married to Elena Timchenko and he has three children.