FARKHAD AKHMEDOV • Net Worth $1 Billion • House • Yacht • Private Jet • Northgas

Name:Farkhad Akhmedov
Net Worth:$ 1.4 billion
Source of Wealth:Northgas
Born:September 15, 1955
Wife:Tatyana Akhmedova (ex-wife)
Children:2 (Temur Akhmedov, Other)
Residence:Baku, Azerbijan / Dubai, UAE
Private Jet:Bombardier Global 6000 (M-YFTA)

Who is Farkhad Akhmedov?

Farkhad Akhmedov was born in Azerbaijan. But moved to Russia at the age of 15. He started his career by selling equipment to the Russian gas industry. He was born in September 1955. He is divorced from Tatyana Akhmedova. He has two or three children.

Key Takeaways:

  • Farkhad Akhmedov, originally from Azerbaijan, carved a successful career in the Russian gas industry, eventually gaining full control over Northgas, a Siberian gas producer.
  • His astute business decisions saw him selling Northgas shares to Gazprom and Novatek, marking a significant turning point in his career.
  • Akhmedov also owns Aznar Natural Product, a company producing pomegranate juice, highlighting his diverse business interests.
  • Beyond his business exploits, Akhmedov is a generous philanthropist, having donated significantly to children’s charities and wildlife projects.
  • He is a passionate art collector, with a particular interest in Azerbaijani art, as demonstrated by the creation of the Nar Gallery.
  • Despite some controversies, including a high-profile divorce and tension with the Russian government, Akhmedov’s estimated net worth remains substantial, standing at $1.4 billion according to Forbes.
  • He is the owner of the LUNA Yacht.


Later he focused on the production of natural gas. He started buying shares in Northgas. A Siberian gas producer with some of the largest gas reserves in the world. Around the year 2000 Akhmedov had full control over Northgas.

After a dispute with Northgas’ sole client Gazprom; Akhmedov transferred 51% of Northgas shares to Gazprom. In 2011 Akhmedov sold his remaining shares in Northgas. To the Russian company  Novatek for US$ 1.38 billion.

Aznar Natural Products

Akhmedov is the owner of Aznar Natural Product. Where his father Teymur Akhmedov was a director during the Soviet era. Aznar produces pomegranate juice in Azerbaijan. Which is sold in Russia through Grante Russia. Grante Russia is also owned by Akhmedov. He is the first ethnic Azerbaijani who was elected a Russian senator.

Philanthropy and Art Collection

Akhmedov is an active philanthropist. Donating more than US$ 150 million to children’s charities such as orphanages. And donating to wildlife projects.

He is also an art collector. Especially focusing on Azerbaijani art. Akhmedov founded the Nar Gallery dedicated to Azerbaijani art.

He is said to own about 150 works of Socialist Realism. He is also a sponsor of the Buta Festival of Azerbaijani Arts. Which is held in London each year. In 2015 Akhmedov purchased a US$ 46.5 million Abstract Expressionist painting by Mark Rothko.

Farkhad Akhmedov Net Worth

Forbes estimates his net worth at $1.4 billion. He has been described as a Russian oligarch, but he is actually an Azerbaijani. The owner of Luna and the Russian Government aren’t exactly friends. He was forced to sell his gas company, to a government-owned company far below fair value and left Russia long ago.


In July 2021 Akhmedov agreed to pay his ex-wife around 135 million pounds ($186 million), ending the largest financial dispute that Britain’s divorce courts have ever seen.

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Yacht Luna Owner

Farkhad Akhmedov

Farkhad Akkmedov yacht

Akhmedov is the owner of a the expedition yacht LUNA, that was built for Roman Abramovich.

The Luna yacht was once the world’s largest expedition yacht, a title now held by Solaris.

Originally owned by Roman Abramovich, Luna is currently owned by Azerbaijani billionaire Farkhad Akhmedov.

Luna can accommodate 18 guests with a crew of 49 and has a cruising speed of 18 knots.

Akhmedov agreed to pay his ex-wife $186 million, settling Britain’s largest financial dispute.

The yacht Luna, with her luxury and status, is valued at $300 million.