LEONID MIKHELSON • Net Worth $24 billion • Yacht • House • Private Jet • Novatek

Name:Leonid Mikhelson
Net Worth:$24 billion
Source of Wealth:Novatek
Born:August 11, 1955
Wife:Lyudmila Mikhelson
Children:Viktoria Mikhelson, 1 young son
Residence:Barvikha, Moscow, Russia
Private Jet:Gulfstream G650 (RA-10207), G550 (RA-10208)

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-owned enterprises specializing in oil and gas pipeline construction in Russia. Mikhelson was managing director and became a shareholder at the privatization.

Novatek began to expand and diversify its operations by acquiring interests in oil and gas companies that held exploration and production licenses in Yamal-Nenets.

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

Leonid Mikhelson

Leonid Mikhelson House

Yacht Pacific

He is the owner of the luxury yacht PACIFIC. The superyacht was built by Lurssen in 2010.