No. 107Russia
Gennady Timchenko
Oil, gas · Moscow
Net worth
$24.2B
Today
−$96−0.00%Past month
+$649K+0.00%As of Nov 11, 2026, 1:50 PM EST
Gennady Timchenko has stakes in various Russian businesses, including gas company Novatek and petrochemical producer Sibur Holding. Timchenko ran a state-owned oil exporting company and became one of its largest shareholders when it was later privatized. One of Russia's most powerful people, he befriended Putin in the 1990s in Saint Petersburg when he and the Rotenberg brothers started a judo club called Yavara- Neva. Timchenko was sanctioned by the U.S. in 2014 and by the EU and U.K. in 2022. He remains chairman of the Russian national hockey league KHL and is president of the SKA Saint-Petersburg Hockey Club.
Net worth over time
+0.00%+$649K over the past month
$24B$24B$24B
Oct 12Nov 11
Principal holdings
2 positions| Company | Industry | Share | Value |
|---|---|---|---|
Private and other holdings | Energy | 54.4% | $13.2B |
Novatek MICEX: NVTK-RU | Energy | 45.6% | $11.0B |
Also known for
- Timchenko grows apples in Russia.
- Timchenko sold his stake in trading company Gunvor to partner Torbjorn Tornqvist in 2014, a day before he was hit with sanctions.
“You have to pay for everything in your life. Even for your friendship with the president.”