Who is Leonid Mikhelson?
Leonid Mikhelson is Chairman and major shareholder of Novatek, Russia’s largest natural gas producer. He was born in August 1955. He is married to Lyudmilla. They have 2 children (daughter Viktoria and a young son).
The basis of Novatek started with the privatization of Kuybyshevtruboprovodstroy, one of the largest state-
Novatek began to expand and diversify its operations by acquiring interests in oil and gas companies that held exploration and production licenses in Yamal-
In 2017 Novatek realized sales of approx $10 billion and an operating income of $4.6 billion. The gas company Novatek has 6,000 employees.
Mikhelson’s business partner Gennady Timchenko is also a shareholder at the gas company. Timchenko is the owner of the yacht LENA.
Mikhelson also owns more than 50% of the shares in Sibur. Sibur is a gas processing and petrochemical company. Sibur has 26 production sites and more than 26,000 employees.
Mikhelson and Gennady Timchenko together own 82.5% of the shares of Sibur.
Mikhelson Art Collection
The Russian billionaire is known as an art collector. He is the founder and president of the VAC Foundation (Viktoria – the Art of Being Contemporary). It is dedicated to the international presentation, production, and development of Russian contemporary art.
The collection is named after his daughter Viktoria Mikhelson.
Leonid Mikhelson Net Worth
Forbes estimates his net worth at $24 billion. He is Russia’s richest man.
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Leonid Mikhelson House
He lives with his wife Lyudmila Mikhelson in a large house in Barvikha near Moscow. Most Russian billionaires own a residence there.
We also found some online evidence that Leonid and his wife Lyudmila Mikhelson bought a US$ 15 million house in Miami Beach. Although we were not able to find an address or pictures.
We have not yet been able to identify his home. These are sample photos of billionaire residences. Do you know more about his house? Please do send us a message.
He owns a Gulfstream G650 private jet, with registration RA-10207 (ex N650GL). A Gulfstream G650 has a list price of US$ 70 million. More Russian and other private jet owners here. The aircraft was delivered in 2013 and can accommodate 14 passengers.
He also owns a Gulfstream G550 with registration RA-10208.
Mikhelson was mentioned in the Paradise Papers. The Paradise Papers is a set of leaked offshore investment documents. It was in relation to the registration of his Gulfstream jet (N650GL) in the USA.