Leonid Mikhelson
Energy

Leonid Mikhelson Net Worth

Leonid Mikhelson is a Russian billionaire and the founder and chairman of natural gas producer Novatek and gas processing and petrochemical company Sibur. He has partnered with Gennady Timchenko in both companies, and Kirill Shamalov, Putin's reported son-in-law, is a partner in Sibur. In 2015 and 2016, Mikhelson sold a 16% stake in Sibur to China's state-owned Sinopec and China's Silk Road Fund for $2.1 billion. Mikhelson's father was the head of the largest pipeline construction trust in the Soviet Union, and he began his career as a foreman for a construction company building a gas pipeline in Russia's Tyumen region. He is also an avid art collector and has sponsored museum exhibits in Russia and the U.S.
Leonid Mikhelson is a member of Energy

Age, Biography and Wiki

Birth Day August 11, 1955
Birth Place Moscow, Russia, Russia
Age 68 YEARS OLD
Birth Sign Virgo
Residence Moscow, Russia
Alma mater Kuibyshev Civil Engineering Institute
Occupation CEO, chairman and major shareholder of the Russian gas company Novatek

💰 Net worth: $21.6 Billion (2024)

Leonid Mikhelson, a prominent figure in the energy sector in Russia, is projected to have a staggering net worth of $21.6 billion by 2024. Revered for his significant contributions to the industry, Mikhelson has become synonymous with excellence and expertise in the energy field. As the head of Novatek, Russia's largest independent natural gas producer, Mikhelson has played a pivotal role in transforming the nation's energy landscape. His visionary leadership and strategic investments have propelled him to the pinnacle of success, establishing him as one of the wealthiest individuals in Russia and a prominent global business magnate.

2009 $2.4 Billion
2010 $4.4 Billion
2011 $9.1 Billion
2012 $11.9 Billion
2013 $15.4 Billion
2014 $15.6 Billion
2015 $11.7 Billion
2016 $14.4 Billion
2017 $18.4 Billion
2018 $18.36 Billion

Biography/Timeline

1977

Born to a Jewish family, Mikhelson began his career as an Engineer after graduating with a degree in Industrial Civil Engineering from the Samara Institute of Civil Engineering in 1977. He started working as a foreman at a construction and assembling company in the Tyumen area of Siberia. One of his initial projects was work on the Urengoi-Chelyabinsk gas pipeline. In 1985, he was appointed as Chief Engineer of Ryazantruboprovodstroy. In 1987, he became General Director of Kuibishevtruboprovodstroy. In 1991, Kuibishevtruboprovodstroy was one of the first companies to undergo privatization after the dissolution of the Soviet Union.

1994

Mikhelson continued as Managing Director at the company, which has been renamed NOVA, until October 1994. He then became General Director of its holding company, Novafinivest, which later became known as NOVATEK. From 2008 until 2010 Mikhelson was Chairman of the Board of Directors for OAO Stroytransgas and OOO Art Finance. He currently holds the position of Chairman of the Board of Directors of ZAO SIBUR and serves on the Supervisory Board of OAO Russian Regional Development Bank.

2013

Mikhelson often partners with Russian Billionaire Gennady Timchenko on Business and investment projects. They are partners and majority shareholders in Novatek and Sibur. In 2013, Mikhelson and Timchenko sold 12% of Sibur to management partners. Both Mikhelson and Timchenko appear on the Forbes list of billionaires. In 2012, Mikhelson was listed as the second-richest Russian in a number of articles including Bloomberg. Mikhelson and Novatek are the main sponsors of the Russian Football Union.

2017

According to Forbes, his personal fortune was estimated at US$18.2 billion as of 2017.

2019

Mikhelson is the recipient of the Russian Federation’s Order of the Badge of Honor.

Some Leonid Mikhelson images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.