Gennady Timchenko owns shares in many Russian businesses including Novatek and Sibur Holding. He has been a friend of Putin since 1990s.
Gennady Timchenko is the founder of Volga Group an investment company. In the past he co-owned Gunvor Group.
Gennady Timchenko is sanctioned by the UK, USA and European Union. The billionaire lives in Moscow and is married with 3 children.
Gennady Timchenko graduated with Master of Science in Engineering from Leningrad Mechanical Institute. He served as an electoral engineer. He started his career as an engineer for Izhorsky plant located near Petersberg. The company was in the business of manufacturing power generators.
Gennady Timchenko is a citizen of Armenia, Russia and Finland. In 1991, Gennady Timchenko migrated to Finland where he was employed by Urals Finland Oy which was importing Russian oil to Europe. He gained Finnish citizenship in the process.
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