#87

Leonid Mikhelson & family

$28.3B

ru

Passive income at 5% annual return

Since you arrived

$0.00

Per second

$45.00

Per minute

$2,692

Per hour

$161,538

Per day

$3,876,900

Wealth in context

Median US salary
22.1 minutes($59,384)
Average US home price
2.6 hours($420,800)
Teacher's annual salary (US avg)
25.8 minutes($69,544)

Time to earn each amount through passive income at 5% annual return on $28.3B net worth.

Biography

Leonid Mikhelson is the founder and chairman of natural gas producer Novatek.

In 2017 he bought a 17% stake in petrochemical company Sibur from Kirill Shamalov, Putin's reported former son-in-law, increasing his stake to 48%; he now holds just over 30%.

In 2021 Sibur merged with TAIF Group, with extensive assets in the Republic of Tatarstan; among TAIF's owners are the sons of Tatarstan's first president.

Mikhelson spent more than $470 million turning a power plant across from the Kremlin into a spectacular art space GES-2, which opened in late 2021.

About

An avid art collector, Mikhelson has sponsored museum exhibits in Russia and the U.S through a fund named after his daughter.

Mikhelson began his career as a foreman for a construction company building a gas pipeline in Russia's Tyumen region.

Details

Gender: m
Citizenship: ru
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