Yuri Kovalchuk Net Worth

Yuri Kovalchuk Net Worth is
$1.1 Billion

Yuri Kovalchuk Biography

$1.1 Billion: Yury Valentinovich Kovalchuk (Russian: Юрий Валентинович Ковальчук, born 25 July 1951, Leningrad, Soviet Union) is a Russian businessman and financier ‘reputed to be Putin’s personal banker’. The May 2008 problem of Russian Forbes shown him for the very first time in its Golden 100 of Russia’s richest and presented him and another brand-new entrant to the List, Gennady Timchenko, as ‘great acqaintances of Vladimir Putin.’ The magazine positioned him at amount 53 (Russians just list) with approximated fortune of $1.9 billion.From 1987 to 1991 he was the First Deputy Director of Ioffe Physico-Technical Institute.Since 2004 he’s the top of the Plank of Directors of the Russia lender. He’s also its largest shareholder.Because the early 1990s, Kovalchuk owns a dacha in Solovyovka, Priozersky District of the Leningrad area, which is situated on the eastern shore of the Komsomolskoye lake on the Karelian Isthmus near St. Petersburg. His neighbours there are Vladimir Putin, Vladimir Yakunin, Andrei Fursenko, Sergey Fursenko, Viktor Myachin, Vladimir Smirnov and Nikolay Shamalov. On 10 November 1996, jointly they instituted the co-operative culture Ozero (the Lake) which united their properties.His elder brother, Mikhail Kovalchuk, may be the Scientific Secretary of the Council for Research and High Technologies mounted on the President of the Russian Federation. Despite pressure from Putin, the Russian Academy of Sciences rejected Mikhail Kovalchuk’s program for complete membership of the Academy in-may 2008. This was regarded as a blow to Putin’s authority, as speculation existed that Putin acquired wanted to Kovalchuk to be President of the RAS.Yuri Kovalchuk was one of the people sanctioned by the U.S. Treasury Section on March 20, 2014 in response to the 2014 Crimean crisis. Based on the U.S. Treasury, Mr. Kovalchuk is normally a close advisor to President Putin and provides been known as one of is own “cashiers.” Yuri Kovalchuk Net Value: Yuri Kovalchuk is a Russian businessman and financier who includes a net value of $1.6 billion. Most widely known as “the non-public banker of Putin”, he generated the majority of his fortune through insurance, mass media and banking investments. Born Yury Valentinovich Kovalchuk on July 25, 1951 in Leningrad, Soviet Union, he crowned his education with a doctorate from the St. Petersburg Condition University. It had been in the time from 1987 to 1991 that he offered as the First Deputy Director at the Ioffe Physico-Complex Institute. In the very beginning of the 1990s, he became a good friend of Vladimir Putin, who was simply a deputy mayor of St. Petersburg at that time. After Putin became President of Russia, Kovalchuk noticed a drastic rise in his profession. Today, Yuri may be the largest shareholder of Rossiya Lender, which retains the reins of two big insurance firms, Sogas and SK Transneft. Furthermore, he has passions in six federal Television channels. Lately (in past due 2013), he acquired 50% of Tele2 Russia, the fourth-largest cellular operator in Russia. A global known Banking, Insurance personality Yury Valentinovich Kovalchuk born about Wednesday, July 25, 1951 in great city of Leningrad, Soviet Union. Yuri Kovalchuk net well worth relating to 2015 stats is definitely $1,100,000,000. Russian businessman

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