Russian oligarch Elena Baturina has an estimated net worth of $1.1 billion as of March 2013 according to Forbes. Elena Baturina is considered as Russia's wealthiest woman and in fact, she is the only woman in Russia to have earned over a billion net worth.

elena baturina

Since 1991, Elena Baturina is married to Yury Luzhkov who currently served as Moscow's Mayor from 1992-2010. She has two children named Elena and Olga. She is a graduate of State University of Management in Moscow.

It was in 1991 when she founded the company Inteco which initially started as a plastic business but later evolved into construction. When her husband started serving as Mayor of Moscow, Inteco grew rapidly. Through the years, Elena Baturina's net worth is said to have declined. Nonetheless, she still owns shares in numerous companies which include  Sberbank and Gazprom. She also owns diverse portfolio which include hotels in the Black Sea tourist resort of Sochi, a Dublin-based hotel as well as hotels in Czech Republic and Austria. She is also the owner of more then 72,000 hectares of agricultural land in Belgorod Oblast and a factory that manufactures millions of cans of sweetened milk annually.