| Name: | Guennadi Timchenko |
| Net Worth: | $20 billion |
| Source of Wealth: | Gunvor |
| Born: | November 9, 1952 |
| Age: | |
| Country: | Russia |
| Wife: | Elena Timchenko |
| Children: | Xenia Frank, Sergey Timchenko |
| Residence: | Moscow |
| Private Jet: | LX-SIX (Gulfstream G650) (sold) |
| Yacht: | LENA |
Born on November 9, 1952, Guennadi Timchenko is a globally recognized business magnate, best known as the founder of the multinational energy trading company, Gunvor Group. Married to Elena Timchenko, he is also at the helm of the private investment group, Volga Group, further establishing his influence in the business world.
Gunvor, a pioneering name in the global energy sector, is a testament to Timchenko’s remarkable business acumen. The company, active in the trading of petroleum and crude oil, was brought to life by Timchenko in 2000. Under his leadership, Gunvor skyrocketed to success, reporting annual revenues of more than $135 billion. However, in 2014, Timchenko sold his 43.5% stake in the company to his business partner, Torbjörn Törnqvist, marking a significant shift in Gunvor’s ownership.
Volga, Timchenko’s private investment firm, represents his strategic interests in a diverse range of industries. Through Volga, Timchenko owns shares in Leonid Mikhelson’s natural gas company Novatek, contributing to his influence in the energy sector. The investment group also holds stakes in the petrochemical company Sibur, the railway company Transoil, and Rossiya Bank, showcasing the broad reach of Timchenko’s business interests.
The financial magnitude of Guennadi Timchenko’s operations is reflected in his staggering net worth, which is estimated to be around $20 billion. This substantial wealth stems from his strategic investments and the successful operations of his associated companies in the energy and finance sectors.
https://www.forbes.com/profile/gennady-timchenko/
https://en.wikipedia.org/wiki/Gunvor
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He lives in Moscow. But reportedly his wife Elena lives in this large mansion in Cologny, Switzerland.
Cologny, located in Switzerland, is a picturesque municipality nestled on the outskirts of the city of Geneva. Known for its scenic beauty and serene environment, this place offers a blend of urban sophistication and natural tranquility. It overlooks the stunning Lake Geneva, offering breathtaking views and the perfect setting for outdoor enthusiasts.
The prestigious suburb is home to many of Geneva’s wealthiest residents, contributing to its exclusive, upmarket character. Noteworthy landmarks include the Fondation Martin Bodmer, a library and museum housing rare books and manuscripts. Additionally, the famous Villa Diodati, where Mary Shelley conceived the idea for “Frankenstein”, is also located here. Despite its size, Cologny hosts several high-quality restaurants and cafes, providing excellent culinary experiences.
The area also has a top-notch educational institution, the Campus des Nations, part of the International School of Geneva. Living in Cologny means embracing a luxurious lifestyle amid Switzerland’s mesmerizing landscapes. It is a hidden gem that captivates with its historical charm, peaceful ambiance, and natural beauty.
He is the owner of the San Lorenzo yacht LENA. The yacht was frozen in May 2022 by Italian authorities, after Timchenko was put on a European sanctions list.
The LENA yacht, built by San Lorenzo and designed by Francesco Paszkowski in 2010, is an epitome of luxury and superior performance.
Powered by robust MTU engines, LENA boasts a top speed of 28 knots, a cruising speed of 12 knots, and a range of over 3,000 nautical miles.
The yacht offers unrivaled luxury with its ability to accommodate 12 guests and a crew of 16.
He was the owner of a Gulfstream G650 private jet, with registration LX-SIX. The aircraft was built in 2012. It has a value of $45 million. A new G650 costs $75 million.
In 2021 the aircraft was sold as the legal owning entity was put on a US sanctions list.
The Gulfstream G650 is a luxurious, long-range business jet produced by Gulfstream Aerospace. The G650 was first introduced in 2008 and quickly became one of the most sought-after business jets in the world due to its impressive range, speed, and spacious cabin. The G650 has a maximum range of over 7,000 nautical miles, making it capable of flying non-stop from locations such as New York to Hong Kong.
One of the standout features of the G650 is its cabin, which is both spacious and luxurious. With a height of over 6 feet and a width of over 7 feet, the cabin offers ample space for passengers to work, relax, and entertain. The cabin also features a variety of customizable features, including seating arrangements, lighting, and entertainment systems.
In addition to its impressive range and cabin, the G650 is also known for its high cruising speeds. The aircraft is capable of reaching speeds of up to Mach 0.925, making it one of the fastest business jets on the market. This speed, combined with its range, allows the G650 to cover large distances quickly and efficiently.
The last known list price of the Gulfstream G650 was approximately $75 million. This high cost reflects the advanced technology, spacious cabin, and impressive performance capabilities of the aircraft. Despite its high price, the G650 remains a popular choice for those who value speed, range, and comfort in their business jets.
The Gulfstream G650 is a top-of-the-line business jet that offers impressive range, speed, and comfort. Its luxurious cabin and high-performance capabilities make it a popular choice for those who demand the best in their business aviation needs. With a last known list price of $75 million, the G650 is a significant investment, but for those who can afford it, the aircraft provides a unique and unparalleled flying experience.
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Yacht Owners Database 2024
