Amidst the tension between Russia and Ukraine, the Britain government has put sanctions on several financial institutions and businessmen, and Gennady Timchenko is one of the names to be suffered. Here is what you need to know about him, including his wife and net worth.
ON TUESDAY, UK Prime Minister Borris Johnson announced that the government has imposed sanctions on Gennady and two other billionaires. Gennady is suspected of having close links with Russian President Vladimir Putin.
In addition, the billionaire is a member of the business oligarchs of the former Soviet Republics who massively accumulated wealth during the era of Russian privatization.
This Monday, the Russian President ordered his troops to two breakaway regions in eastern Ukraine, and the world has divided into two halves. The Britain Government quickly reacted to the action of Russia.
Who Is Elena Timchenko? Gennady Timchenko Wife
Gennady Timchenko is married to his wife Elena Timchenko. However, the billionaire businessman is yet to reveal detailed information about his married life.
The couple is parents to three children. According to several media, his family resides in Switzerland, while Timchenko lives in the capital of Russia. His daughter Ksenia is married to Gleb Frank.
Flank is the son of Putin’s former transport minister Sergei Frank. The marriage ceremony happened in 2010. But the businessman’s other children are still out of the media’s reach.
Surprisingly, in an interview with The Wall Street Journal, the billionaire revealed that he holds Finnish citizenship, and he gave up Russian citizenship in 1999.
I wonder if Gennady Timchenko will now sue Obama for defamation in the UK libel court like he did Ed Lucas? http://t.co/3x4NO4PVZC
— Bill Browder (@Billbrowder) March 23, 2014
Gennady Timchenko Net Worth Revealed
Gennady Timchenko is one of the wealthiest businessmen in the world. According to Forbes, his net worth stands at $23.9 billion in 2022.
Similarly, the Russian businessman is ranked 78th richest person in the world according to Forbes. He is the founder of a private investment group named Volga Group, which invests in energy, transport, and infrastructure assets.
In 2021, Bloomberg Billionaire Index ranked him 96th richest person globally with an estimated fortune of US $19.5 billion. He was also the co-owner of Gunvor Group.
Putin ally oil billionaire Gennady Timchenko asks Switzerland’s top court to overturn a U.S. freeze on a pair of his bank accounts in the country https://t.co/HPhmHlAj7P
— Bloomberg (@business) October 6, 2020
Gennady Timchenko On Wikipedia
According to Wikipedia, Gennady Timchenko was born Gennady Nikolayevich Timchenko on 9 November, 1952.
Most popularly, the Russian businessman is known for being the Chairman of the Board of Directors of the Kontinental Hockey League and President of the SKA Saints Petersburg ice hockey club.
The billionaire holds the citizenship of Russia, Finland, and Armenia. Currently, he serves as an honorary consul of Serbia in Saints Petersburg. In addition, he also has shares in a gas company Novatek and the petrochemical producer Sibur Holding.