No. 84Russia
Leonid Mikhelson & family
Gas, chemicals · Moscow
Net worth
$28.3B
Today
+$194+0.00%Past month
+$370K+0.00%As of Nov 11, 2026, 1:50 PM EST
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.
Net worth over time
+0.00%+$370K over the past month
$28B$28B$28B
Oct 12Nov 11
Principal holdings
2 positions| Company | Industry | Share | Value |
|---|---|---|---|
Private and other holdings | Energy | 59.3% | $16.8B |
Novatek MICEX: NVTK-RU | Energy | 40.7% | $11.5B |
Also known for
- 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.