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Gennady Nikolayevich Timchenko is a Russian oligarch and billionaire businessman. He founded and owns the private investment firm Volga Group. He was previously a co-owner of Gunvor Group.
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business · Russian billionaire businessman · entrepreneur · businessperson · Russian oligarch · also Gennady Timchenko, Gennady Nikolayevich Timchenko, Gennady Nikolaevich Timchenko, Timchenko
Born 9 November 1952 · Q1502398
28 published statements · 0 followers
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“By not taking that decision, he”
“s richest men. According to Investcafe analyst Andrei Shenk, US treasury claims that Putin is a beneficiary of Gunvor are not very believable.”
“potential economic sanctions”
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The Italian police seized his yacht Lena in the port city of Sanremo
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Timchenko donated 2,9 billion rubles to help fight the COVID-19 pandemic
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Reported net worth: $20.1B (as of 2019).
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Awarded Knight of the Legion of Honour (2013).
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Became one of the sponsors and organisers of one of the most important international chess tournaments in the ELO rating – the Alekhine Memorial
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Was appointed as a Chevalier of the Légion d'honneur for creating a permanent exhibition of Russian art in the Louvre, support for the Russian Museum in Saint Petersburg, and help in organizing the Alekhine Memorial c
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Was appointed Chairman of the Board of Directors of the Continental Hockey League (KHL)
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Timchenko's worth was estimated at $24
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Timchenko was elected Chairman of the Economic Council of the Franco-Russian Chamber of Commerce (CCIFR)
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Gennady and Elena Timchenko created the Ladoga Foundation
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Gennady and Elena Timchenko founded the Neva Foundation in Geneva, in order to promote and finance cultural projects in Switzerland and Russia
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Timchenko founded the Volga Group (Volga Resources Group) private investment fund
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Timchenko founded the Luxembourg-based fund Volga Resources
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Timchenko and the company Surgutex founded the Kluch charitable foundation, which develops professional foster homes in Leningrad, Tambov and Ryazan regions
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The Helsingin Sanomat wrote that he acquired Finnish citizenship, and that he lived in Geneva at that time
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Gave up Russian citizenship and became a Finnish citizen
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Timchenko co-founded the Yawara-Neva Judo Club
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Co-founded the global commodity trading company Gunvor with Swedish businessman Torbjörn Törnqvist
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Urals Finland Oy was renamed International Petroleum Products Oy (IPP); Timchenko then became deputy and later CEO of IPP OY
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Putin gave Timchenko an oil export license
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Timchenko decided to leave Russia and was hired by a Finland-based company, Urals Finland Oy, specializing in importing Russian oil to Europe
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When Russia started to liberalize its economy, he was promoted to Deputy Director of state-owned oil company Kirishineftekhimexport, which was created in 1987 and based at the Kirishi refinery, one of the three largest r
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Timchenko began to work as an engineer for the Izhorsky plant near Saint Petersburg; the plant specialized in building power generators
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Graduated from the Mechanical Institute of Saint Petersburg, then named Leningrad, as an electrical engineer, according to a 2008 interview with the Wall Street Journal
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Born 1952-11-09.
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