Not to be confused with the chess grand master Gennadij Timoscenko.
In this name that follows Eastern Slavic naming customs, the patronymic is Nikolayevich and the family name is Timchenko.
Gennady Timchenko
Геннадий Тимченко
Timchenko in 2018
Born
Gennady Nikolayevich Timchenko
(1952-11-09) 9 November 1952 (age 71)
Leninakan, Armenian SSR, Soviet Union (now Gyumri, Armenia)
Citizenship
Russia
Finland
Armenia
Occupation
Businessman
Spouse
Elena
Children
3
Awards
Legion of Honour (Chevalier)
Gennady Nikolayevich Timchenko (Russian: Геннадий Николаевич Тимченко, also spelledGuennadi Timtchenko; born 9 November 1952) is a Russian oligarch and billionaire businessman.[1] He founded and owns the private investment firm Volga Group. He was previously a co-owner of Gunvor Group.
Timchenko has been close friends with Russian leader Vladimir Putin since the early 1990s.[2][3][4] In 1991, Putin gave Timchenko an oil export license.[2] Timchenko then founded Gunvor, which has now exported billions of dollars-worth of Russian oil.[2]
Timchenko's investment firm Volga Group owns a large stake of shares of the natural gas giant Novatek.[3] The Pandora Papers leaks revealed that a Timchenko firm, which played a key role in the Novatek investment, obtained massive loans through anonymous offshore shell companies.[3] Timchenko was sanctioned by the US[5] over Russia's 2014 annexation of Crimea. He was about to be sanctioned further by the government of the United Kingdom just before the February 2022 invasion of Ukraine.[6][7]
As of March 2022, Timchenko was 205th on the Bloomberg Billionaires Index, with an estimated fortune of US $10.3 billion;[8] he is the sixth richest person in Russia.[8] He is known for being the Chairman of the Board of Directors of the Kontinental Hockey League,[9] and President of the SKA Saint Petersburg ice hockey club.[10] He is a citizen of Russia,[11] Finland, and Armenia.[12][13][14]
^Геннадий Тимченко показал лицо филантропа [Gennady Timchenko shows his philanthropic side] (in Russian). 6 April 2012. Archived from the original on 15 October 2013. Retrieved 12 November 2013.
^ abc"Pandora papers reveal hidden riches of Putin's inner circle". the Guardian. 3 October 2021. Retrieved 2 March 2022.
^ abc"As the West takes aim with Russian sanctions, here's what we know about oligarchs' secret finances - ICIJ". 17 February 2022. Retrieved 2 March 2022.
^"'Blood money': Europe's secretive trade in Syrian phosphates". the Guardian. 30 June 2022. Retrieved 17 July 2022.
^Kirkham, Chris; Gauthier-Villars, David (1 July 2022). "Special Report: Dozens of Russian weapons tycoons have faced no Western sanctions". Reuters. Retrieved 17 July 2022.
^"UK targets three oligarchs and five Russian banks in first tranche of new sanctions - ICIJ". 22 February 2022. Retrieved 2 March 2022.
^"Britain sanctions Gennady Timchenko and five banks, Johnson says". www.euractiv.com. 22 February 2022. Retrieved 17 July 2022.
Gennady Nikolayevich Timchenko (Russian: Геннадий Николаевич Тимченко, also spelled Guennadi Timtchenko; born 9 November 1952) is a Russian oligarch and...
businessman GennadyTimchenko. Volga Group was established as Volga Resources in 2007, and renamed as Volga Group in June 2013. The group consolidates Gennady Timchenko's...
gas (LNG) accounted for 44% of the firm's traded volumes in 2021. GennadyTimchenko and Torbjörn Törnqvist, two oil traders, began working together in...
wrestler Galina Timchenko (born 1962), Russian journalist GennadyTimchenko (born 1952), businessman, active in the energy trading Ilona Timchenko (born 1976)...
he formed Novatek. He is a business partner of Russian billionaire GennadyTimchenko, a close confidante of Russian leader Vladimir Putin. According to...
closely connected to Vladimir Putin's press secretary Dmitry Peskov and GennadyTimchenko, Putin's close friend since the early 1990s and one of the richest...
re-election campaign relies on contributions from sponsors tied to GennadyTimchenko and Moscow's governor". Meduza. Retrieved 20 March 2018. Дебаты кандидатов...
and Russian diplomats in many countries worldwide, for example of GennadyTimchenko's JSC Stroytransgaz facilities in Syria during the Syrian civil war...
Russia's richest, calling him and another new entrant to the List, GennadyTimchenko, "good acquaintances of Vladimir Putin." The magazine placed him at...
It was originally a subsidiary of Gazprom, but now controlled by GennadyTimchenko though his Volga Group SICAV SIF SA fund. The company has been added...
billion. Through Igor Levitin, Alexey Mordashov, Arkady Rotenberg, GennadyTimchenko, and Alexander Voloshin, Nikolaev is a partner and close associate...
but in 1991 became independent state-owned enterprise headed by GennadyTimchenko. Vadim Evseevich Somov (Russian: Вадим Евсеевич Сомов) was the general...
Russia Severstal 23 Vagit Alekperov 20.5 billion 72 Russia Lukoil 24 GennadyTimchenko 18.5 billion 70 Russia Novatek, Sibur Holding 25 Theo Albrecht Jr...
acquired a controlling stake in the group. That same year energy trader GennadyTimchenko, ex-co-owner of Gunvor trading house, acquired a 37.5% stake in SIBUR...
rubles. Late in 2011, Konstantin Nikolaev and Nikita Mishin sold to GennadyTimchenko, who had owned an 80% stake, their 13% stake for $150–200 million...
subjects. In 2019 Harkimo bought the 49% share of Jokerit from Russians GennadyTimchenko and Roman Rotenberg, the owners of Arena Events Oy. Harkimo then sold...
was proposed when the company with the same name and controlled by GennadyTimchenko and Pyotr Kolbin got a license for the Yuzhno-Tambeyskoye gas field...
association with the Russian main owners of the arena, Roman Rotenberg and GennadyTimchenko, in the wake of the Russian invasion of Ukraine. The arena was the...
Saint Petersburg. In October 2011, together with Roman Rotenberg and GennadyTimchenko, he participated in a charity friendly hockey match for the SKA Legends...
circle through Igor Levitin, Alexey Mordashov, Arkady Rotenberg, and GennadyTimchenko. Alexander Stalevich Voloshin, a foreign official, is a politically...
alignment with his government. A new group of business magnates, such as GennadyTimchenko, Vladimir Yakunin, Yuriy Kovalchuk, Sergey Chemezov, with close personal...
as 50% in the oil-trading company Gunvor run by his close friend GennadyTimchenko. He coined the journalistic cliché "Puting" (Путинг), derived from...