Gennady Nikolayevich Timchenko (russian: Геннадий Николаевич Тимченко, ''also spelled'' Guennadi Timtchenko; born 9 November 1952) is a
Russian oligarch
Russian oligarchs ( Russian: олигархи, romanized: ''oligarkhi'') are business oligarchs of the former Soviet republics who rapidly accumulated wealth in the 1990s via the Russian privatisation that followed the dissolution of the So ...
and
billionaire
A billionaire is a person with a net worth of at least 1,000,000,000, one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The ...
businessman.
He founded and owns the private investment firm
Volga Group
Volga Group is a privately held investment vehicle that manages assets on behalf of the businessman Gennady Timchenko.
History
Volga Group was established as Volga Resources in 2007, and renamed as Volga Group in June 2013. The group consolida ...
. Previously he was a co-owner of
Gunvor Group.
Timchenko has been close friends with Russian leader
Vladimir Putin
Vladimir Vladimirovich Putin; (born 7 October 1952) is a Russian politician and former intelligence officer who holds the office of president of Russia. Putin has served continuously as president or prime minister since 1999: as prime m ...
since the early 1990s.
In 1991, Putin gave Timchenko an oil export license.
Timchenko subsequently founded Gunvor, which would go on to export billions of dollars-worth of Russian oil.
Timchenko's investment firm Volga Group is a major shareholder in the natural gas giant
Novatek
Novatek (russian: ПАО «НОВАТЭК», , ) is Russia's second-largest natural gas producer (behind Gazprom), and the seventh-largest publicly traded company globally by natural gas production volume. The company was originally known as OAO F ...
.
The
Pandora Papers
The Pandora Papers are 11.9 million Data breach, leaked documents with 2.9 terabytes of data that the International Consortium of Investigative Journalists (ICIJ) published beginning on 3 October 2021. The leak exposed the secret offshore a ...
leaks revealed that a Timchenko firm, which played a key role in the Novatek investment, obtained massive loans through anonymous offshore shell companies.
Timchenko was sanctioned by
the US
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
over Russia's 2014 annexation of Crimea. He faced further sanctions just before the February
2022 invasion of Ukraine
On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. An ...
by
the UK government.
As of March 2022, Timchenko was ranked 205th on the ''
Bloomberg Billionaires Index
The ''Bloomberg Billionaires Index'', launched in March 2012, is a daily ranking of the world's 500 richest people based on their net worth. It draws information from "action in the stock market, economic indicators and news reports", features a p ...
'', with an estimated fortune of US$10.3 Billion
and making him the sixth richest person in Russia.
He is known for being the Chairman of the Board of Directors of the
Kontinental Hockey League
The Kontinental Hockey League (KHL; russian: Континентальная хоккейная лига (КХЛ), Kontinental'naya khokkeynaya liga) is an international professional ice hockey league founded in 2008. It comprises member clubs b ...
,
and President of the
SKA Saint Petersburg
The Hockey Club SKA (russian: Спортивный клуб СКА), often referred to as SKA Saint Petersburg and literally as the Sports Club of the Army, is a Russian professional ice hockey club based in Saint Petersburg. They are members o ...
ice hockey club.
He is a citizen of
Russia
Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eigh ...
,
Finland
Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bo ...
and
Armenia
Armenia (), , group=pron officially the Republic of Armenia,, is a landlocked country in the Armenian Highlands of Western Asia.The UNbr>classification of world regions places Armenia in Western Asia; the CIA World Factbook , , and ...
.
Early life and education
Timchenko was born in
Leninakan
Gyumri ( hy, Գյումրի, ) is an urban municipal community and the second-largest city in Armenia, serving as the administrative center of Shirak Province in the northwestern part of the country. By the end of the 19th century, when the city w ...
,
Armenian SSR
The Armenian Soviet Socialist Republic,; russian: Армянская Советская Социалистическая Республика, translit=Armyanskaya Sovetskaya Sotsialisticheskaya Respublika) also commonly referred to as Soviet A ...
,
Soviet Union
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, ...
(now Gyumri,
Armenia
Armenia (), , group=pron officially the Republic of Armenia,, is a landlocked country in the Armenian Highlands of Western Asia.The UNbr>classification of world regions places Armenia in Western Asia; the CIA World Factbook , , and ...
), in 1952. His father was in the Soviet military and served in the Second World War. He spent 6 years of his childhood (from 1959 to 1965) in the
German Democratic Republic
German(s) may refer to:
* Germany (of or related to)
**Germania (historical use)
* Germans, citizens of Germany, people of German ancestry, or native speakers of the German language
** For citizens of Germany, see also German nationality law
**Ger ...
(and learnt German) and in the
Ukrainian SSR
The Ukrainian Soviet Socialist Republic ( uk, Украї́нська Радя́нська Соціалісти́чна Респу́бліка, ; russian: Украи́нская Сове́тская Социалисти́ческая Респ ...
.
In 1976, he graduated from the
Mechanical Institute of Saint Petersburg, then named Leningrad, as an electrical engineer, according to a 2008 interview with the ''
Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
''.
Career
In 1977, Timchenko started to work as an engineer for the
Izhorsky plant near Saint Petersburg, which specialized in building power generators. He was then moved to the trade department of this state-owned company.
From 1982 to 1988, he worked as a senior engineer of the
Ministry of Foreign Trade A Ministry of Trade and Industry, Ministry of Commerce, Ministry of Commerce and Industry or variations is a ministry that is concerned with a nation's trade, industry and commerce.
Notable examples are:
List
*Algeria: Ministry of Industry and ...
.
In 1988, when Russia started to liberalize its economy, he was promoted to Deputy Director of state-owned oil company
Kirishineftekhimexport
KiNEx (Kirishineftekhimexport, Russian acronym for 'Kirishi petroleum chemical export') (russian: "Киришинефтеоргсинтез", Кинэкс (ЗАО)) is a Russian joint stock company, subsidiary of Surgutneftegaz, specializing in wh ...
, which had been created in 1987 based on the Kirishi refinery, one of the three largest refineries in the
RSFSR
The Russian Soviet Federative Socialist Republic, Russian SFSR or RSFSR ( rus, Российская Советская Федеративная Социалистическая Республика, Rossíyskaya Sovétskaya Federatívnaya Soci ...
.
[Alt URL]
/ref>
In 1991, Timchenko decided to leave Russia and was hired by a Finland-based company, Urals Finland Oy, specializing in importing Russian oil to Europe. He settled in Finland and became a Finnish citizen. While Anatoly Sobchak
Anatoly Aleksandrovich Sobchak ( rus, Анатолий Александрович Собчак, p=ɐnɐˈtolʲɪj ɐlʲɪˈksandrəvʲɪtɕ sɐpˈtɕak; 10 August 1937 – 19 February 2000) was a Soviet and Russian politician, a co-author of the ...
was in exile, Timchenko was the link between Sobchak and Vladimir Putin
Vladimir Vladimirovich Putin; (born 7 October 1952) is a Russian politician and former intelligence officer who holds the office of president of Russia. Putin has served continuously as president or prime minister since 1999: as prime m ...
.[Limonka staff (1 March 2004)]
Путин: бизнес, нефть и выборы. (Putin: business, oil and elections.)
'' "Лимонка"'' (''Limonka'') website. Retrieved 22 June 2021.
In 1995, Urals Finland Oy was renamed International Petroleum Products Oy (IPP), and Timchenko became first deputy and then CEO of IPP OY.) who was the general director of OJSC Kirishinefteorgsintez (KINEF or KiNEx) (russian: ОАО "Киришинефтеоргсинтез" (КИНЕФ Кинэкс (ЗАО))).[ In 1997, he co-founded the global commodity trading company ]Gunvor
Gunvor Group Ltd is a Cypriot-domiciled multinational commodity trading company registered in Cyprus, with its main trading office in Geneva, Switzerland. Gunvor also has trading offices in Singapore, the Bahamas, and Dubai, with a network of re ...
with Swedish businessman Torbjörn Törnqvist. He sold Törnqvist his stake in March 2014, a day before the US sanctions.
In 2007, Timchenko founded the Volga Group
Volga Group is a privately held investment vehicle that manages assets on behalf of the businessman Gennady Timchenko.
History
Volga Group was established as Volga Resources in 2007, and renamed as Volga Group in June 2013. The group consolida ...
(Volga Resources Group) private investment fund. Volga group holds his Russian and international assets in the energy, transport, infrastructure, financial services and consumer sectors.
Gunvor
Timchenko was the co-founder (together with Torbjörn Törnqvist
Torbjörn Törnqvist (born 1953) is a Swedish billionaire, and the CEO and co-founder of Gunvor, "one of the largest commodities conglomerates in the world", with the Russian billionaire, Gennady Timchenko.
Early life
Törnqvist was born in 195 ...
) of Gunvor Group, a corporation registered in Cyprus
Cyprus ; tr, Kıbrıs (), officially the Republic of Cyprus,, , lit: Republic of Cyprus is an island country located south of the Anatolian Peninsula in the eastern Mediterranean Sea. Its continental position is disputed; while it is ...
, and operating in trading and logistics related to the international energy market
Energy markets are national and international regulated markets that deal specifically with the trade and supply of energy. Energy market may refer to an electricity market, but can also refer to other sources of energy. Typically energy develop ...
. On 19 March 2014, Timchenko sold his stake in Gunvor to the other co-founder, Torbjörn Törnqvist. The sale was made the day before Timchenko was included on the United States sanctions list in the wake of the annexing of Crimea by Russia. Timchenko said he had sold his stake in anticipation of "potential economic sanctions" and to "ensure with certainty the continued and uninterrupted operations of Gunvor Group".[ The value of the transaction was not disclosed.][
]
Volga Group
In 2007, Timchenko founded the Luxembourg
Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small land ...
-based fund Volga Resources. The fund, which consolidates Timchenko's assets, was renamed in June 2013 as Volga Group
Volga Group is a privately held investment vehicle that manages assets on behalf of the businessman Gennady Timchenko.
History
Volga Group was established as Volga Resources in 2007, and renamed as Volga Group in June 2013. The group consolida ...
and introduced at the Saint Petersburg International Economic Forum. He noted that, for the next few years, his group will focus on the development of infrastructure projects in Russia.
The purpose of this fund is "based on direct and indirect investments in value-driven assets in Russia and internationally that produce consistent, long-term returns". The group owns assets in the energy, transportation and infrastructure development, as well as financial services, consumer goods and real estate. Its most notable investments are in gas company Novatek
Novatek (russian: ПАО «НОВАТЭК», , ) is Russia's second-largest natural gas producer (behind Gazprom), and the seventh-largest publicly traded company globally by natural gas production volume. The company was originally known as OAO F ...
and petrochemical company Sibur
SIBUR (PJSC SIBUR Holding) is a Russian petrochemicals company founded in 1995 and headquartered in Moscow.
SIBUR is the largest integrated petrochemicals company in Russia and one of the fastest-growing companies in the global petrochemicals ...
.
Airfix Aviation
In April 2014, Timchenko sold a 49% stake in the Finnish company IPP Oy, which owned 99% of the Finnish aviation company Airfix Aviation. It was a small part of the Volga Group portfolio. Timchenko was subject to international sanctions after the Russian annexation of Crimea in April 2014.[KL: Timtšenko myi lentoyhtiönsä](_blank)
8 April 2014 yle[Левинский, Александр (14 January 2016)]
Верные руки: от каких активов избавились Тимченко и Ротенберги на фоне санкций (Right hands: what assets did Timchenko and Rotenberg get rid of amid sanctions)
''Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
''. Retrieved 22 June 2021.
IPP Oil Products (Cyprus) closely associated with Timchenko is under sanctions.[ Kai Paananen (russian: Кай Паананен), a partner of Timchenko, is closely associated with both Airfix Aviation and the IPP companies.][
Volga Group has been listed by the US Dept of Treasury (OFAC - Office of Foreign Assets Control) as a SDN (specially Designated Nationals) in the Ukraine-related sanction lists of 2014.
]
Sanctions
In March 2014, following the Crimean status referendum, the U.S. Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and ...
put Timchenko on the Specially Designated Nationals List (SDN), a list of individuals sanctioned as “members of the Russian leadership’s inner circle.” The sanctions freeze any assets he holds in the US and ban him from entering the United States. Timchenko is on the list of Russian "oligarchs" named in the CAATSA
The Countering America's Adversaries Through Sanctions Act (CAATSA) is a United States federal law that imposed sanctions on Iran, North Korea, and Russia. The bill was passed by the Senate on July 27, 2017, 98–2, after it passed the House ...
unclassified report.
On 22 February 2022, the UK government announced sanctions on Timchenko after Russia recognised the independence of the Donetsk and Luhansk people's republics and deployed troops to the republics. On 28 February 2022, in relation to the 2022 Russian invasion of Ukraine, the European Union blacklisted Timchenko and had all his assets frozen. On March 4, 2022 the Italian police seized his yacht ''Lena'' in the port city of Sanremo
Sanremo (; lij, Sanrémmo(ro) or , ) or San Remo is a city and comune on the Mediterranean coast of Liguria, in northwestern Italy. Founded in Roman times, it has a population of 55,000, and is known as a tourist destination on the Italian Rivie ...
. The yacht was also placed on a United States sanctions list along with his wife and daughter.
Personal life and citizenship
Timchenko is married to Elena. They have three children. , Timchenko lives in Moscow, Russia, while his family resides in Switzerland. His daughter Ksenia is married to Gleb Frank, son of Putin's former transport minister Sergey Frank
Sergey Ottovich Frank (Russian: Сергей Оттович Франк; born in 13 August 1960), is a Russian politician of German origin who had served as the Minister of Transport from 1998 to 2004.
He was the chairman of the Board of Director ...
.
In a ''The Wall Street Journal'' interview, Timchenko said that in 1999 he gave up Russian citizenship and became a Finnish citizen.
In 2004, the ''Helsingin Sanomat
''Helsingin Sanomat'', abbreviated ''HS'' and colloquially known as , is the largest subscription newspaper in Finland and the Nordic countries, owned by Sanoma. Except after certain holidays, it is published daily. Its name derives from that of ...
'' wrote that he acquired Finnish citizenship, and that he lived in Geneva at that time.
In an October 2012 interview with the Russian edition of ''Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
'', Timchenko said that he had both Russian and Finnish citizenships. In August 2014, Timchenko said in an interview with ITAR-TASS
The Russian News Agency TASS (russian: Информацио́нное аге́нтство Росси́и ТАСС, translit=Informatsionnoye agentstvo Rossii, or Information agency of Russia), abbreviated TASS (russian: ТАСС, label=none) ...
that he needed Finnish citizenship to travel in the 1990s, when it was harder to travel on a Russian passport, and that he never concealed having two passports. He said that, over the past fourteen years, he had been paying taxes in Switzerland and, prior to that, in Finland. "I scrupulously transfer to Russia the monies I owe to the Russian budget. In theory, I could have cut down the transfers citing the rule on inadmissibility of dual taxation but I never did this – I realized the proceeds that my monies were going off in wages to Russian doctors, teachers, and the military while I was not going to go bankrupt under any circumstances. I wouldn’t get poor if I shared the budget with others." The US Department of Treasury announcement of individuals under sanctions due to the 2014 Crimean crisis
In February and March 2014, Russia invaded and subsequently annexed the Crimean Peninsula from Ukraine. This event took place in the aftermath of the Revolution of Dignity and is part of the wider Russo-Ukrainian War.
The events in Kyiv ...
lists him as the citizen of Russia, Finland, and Armenia
Armenia (), , group=pron officially the Republic of Armenia,, is a landlocked country in the Armenian Highlands of Western Asia.The UNbr>classification of world regions places Armenia in Western Asia; the CIA World Factbook , , and ...
.[
]
Wealth
According to ''Forbes'' magazine, Timchenko is one of the wealthiest people in Russia and the world:
According to the Russian publication RBC, in 2012 Timchenko's worth was estimated at $24.61bn.
In addition to business assets, Timchenko, according to media reports, also owns a property in Geneva, Switzerland, which consists of just over 1 ha of land, an internal area of 341m². According to the Land Registry Office of Geneva, the purchase price of the property was SFR 8.4m (at the time of purchase in 2001 – about US$11m). He purchased the yacht ''Lena'' for $18 million in 2009.
His income, according to the Finnish tax authorities, increased tenfold from 1999 to 2001. In 2001, he declared an income of EUR 4.9m. Because of his high taxes, Timchenko moved to Switzerland in 2002.
In June 2022, ''Forbes'' estimated his net worth at $23.1 billion, making him the 64th richest individual in the world.
Investigation
In November 2014, ''The Wall Street Journal'' reported that the US Attorney's Office for the Eastern District of New York
New York most commonly refers to:
* New York City, the most populous city in the United States, located in the state of New York
* New York (state), a state in the northeastern United States
New York may also refer to:
Film and television
* '' ...
is examining allegations about transactions in which Gunvor Group bought oil from Russia's OAO Rosneft and sold it to third parties through the US financial system, which could have been illegal. Gunvor released a statement on 6 November denying any crime.
Sport business
In July 2013, together with the brothers Arkady Rotenberg
Arkady Romanovich Rotenberg (russian: Аркадий Романович Ротенберг; born 15 December 1951) is a Russian billionaire businessman and oligarch. With his brother Boris Rotenberg, he was co-owner of the Stroygazmontazh (S ...
and Boris Rotenberg, Timchenko established Arena Events Oy, which bought 100% of Helsinki's Hartwall Areena
Helsinki Halli (formerly Hartwall Arena) is a large multi-functional indoor arena located in Helsinki, Finland. It was opened in April 1997. The arena is convertible for various events. The total seated capacity during ice hockey games is 13,34 ...
. They also bought a stake in Jokerit
Helsingin Jokerit (English: Jokers or Jesters) are a professional ice hockey team based in Helsinki, Finland. The team won six league championships as a member of the Finnish SM-liiga (1973, 1992, 1994, 1996, 1997, and 2002). Jokerit plays its ...
, the six-time national champion of the Finnish top-level ice hockey league Liiga
The SM-liiga (marketed as just Liiga from 2013 on), (Finnish for ''League'') colloquially called the Finnish Elite League in English or FM-ligan in Swedish, is the top professional ice hockey league in Finland. It is one of the six founding leagu ...
. Consequently, Jokerit transferred to the Kontinental Hockey League
The Kontinental Hockey League (KHL; russian: Континентальная хоккейная лига (КХЛ), Kontinental'naya khokkeynaya liga) is an international professional ice hockey league founded in 2008. It comprises member clubs b ...
for the 2014–15 season and they play in the Western Conference in Bobrov division. They also own the large sport hall Hartwall Areena
Helsinki Halli (formerly Hartwall Arena) is a large multi-functional indoor arena located in Helsinki, Finland. It was opened in April 1997. The arena is convertible for various events. The total seated capacity during ice hockey games is 13,34 ...
in Helsinki.
Public activities and philanthropy
In 1998, Timchenko co-founded the Yawara-Neva Judo Club.
In 2007, Timchenko and the company Surgutex founded the Kluch charitable foundation, which develops professional foster homes in Leningrad, Tambov and Ryazan regions. In 2008, Gennady and Elena Timchenko founded the Neva Foundation in Geneva, in order to promote and finance cultural projects in Switzerland and Russia. The foundation has focused on lyrical art and a partnership with the Grand Théâtre de Genève
Grand Théâtre de Genève is an opera house in Geneva, Switzerland.
As with many other opera houses, the Grand Théâtre de Genève is both a venue and an institution. The venue is a majestic building, towering over Place Neuve, offici ...
. Renowned Saint Petersburg Philharmonic conductor Yuri Temirkanov has been a trustee.
In 2010, Gennady and Elena Timchenko created the Ladoga Foundation. The main activity of the fund has been providing help for the elderly, as well as the restoration of spiritual and cultural heritage monuments, support for cultural projects and project support in the field of modern medical technology. In September 2013, the Ladoga Foundation was renamed to the Elena and Gennady Timchenko Foundation (or just Timchenko Foundation for short), consolidating all their charitable activities.
In 2011, Timchenko was elected Chairman of the Economic Council of the Franco-Russian Chamber of Commerce (CCIFR). The same year, he was also appointed Chairman of the Board of Directors and President of SKA Saint Petersburg
The Hockey Club SKA (russian: Спортивный клуб СКА), often referred to as SKA Saint Petersburg and literally as the Sports Club of the Army, is a Russian professional ice hockey club based in Saint Petersburg. They are members o ...
, the leading ice hockey team. In 2012, he was appointed Chairman of the Board of Directors of the Continental Hockey League (KHL).
He serves on the board of trustees of the Jewish Museum and Tolerance Center
The Jewish Museum and Tolerance Center opened in Moscow in November 2012. Construction of the museum is estimated to have cost $50 million.
Features
This museum, dedicated to the complex history of Russian Jewry, uses personal testimony, arch ...
in Moscow and is a member of the Board of Trustees of the Russian Geographical Society.
In 2020 Timchenko donated 2,9 billion rubles to help fight the COVID-19 pandemic
Sports and hobbies
Timchenko likes to play and watch tennis. Through his formerly-owned Finnish company, IPP, he has sponsored an outdoor tennis tournament in Finland since 2000, the IPP Open. According to unconfirmed reports he funded the Finnish national team in the Davis Cup[Кузнец своего «Газпрома» // «Огонёк» № 12 от 29 March 2010 (статья доступна в базе public.ru] and has sponsored a number of Russian tennis players.
The media has mentioned him sponsoring a sailing team which participates in the international RC44 yachting competition.
In April 2011, Timchenko replaced Alexander Medvedev as Chairman of the Board of Directors of SKA Saint Petersburg
The Hockey Club SKA (russian: Спортивный клуб СКА), often referred to as SKA Saint Petersburg and literally as the Sports Club of the Army, is a Russian professional ice hockey club based in Saint Petersburg. They are members o ...
, the Saint Petersburg-based ice hockey club. In May of the same year, under the new management structure of the club, he was appointed as Club President. In July 2012, he replaced Vyacheslav Fetisov as Chairman of the Board of Directors of the Continental Hockey League KHL. The Timchenko Foundation promotes the development of the ice hockey and chess among young people.
In 2013, he became one of the sponsors and organisers of one of the most important international chess tournaments in the ELO rating – the Alekhine Memorial.
Awards
In 2013, he was appointed as a Chevalier of the Légion d'honneur
The National Order of the Legion of Honour (french: Ordre national de la Légion d'honneur), formerly the Royal Order of the Legion of Honour ('), is the highest French order of merit, both military and civil. Established in 1802 by Napoleon B ...
for creating a permanent exhibition of Russian art in the Louvre
The Louvre ( ), or the Louvre Museum ( ), is the world's most-visited museum, and an historic landmark in Paris, France. It is the home of some of the best-known works of art, including the ''Mona Lisa'' and the ''Venus de Milo''. A central l ...
, support for the Russian Museum
The State Russian Museum (russian: Государственный Русский музей), formerly the Russian Museum of His Imperial Majesty Alexander III (russian: Русский Музей Императора Александра III), on ...
in Saint Petersburg, and help in organizing the Alekhine Memorial
The Alekhine Memorial was a recurring chess tournament, organized in different cities and irregular intervals, honoring the former world chess champion Alexander Alekhine.
The Alekhine Memorial tournaments have no numbering (technically it is not ...
chess tournament. This award prompted Russian political writer Andrey Piontkovsky
Andrey Andreyevich Piontkovsky (russian: Андре́й Андре́евич Пионтко́вский, born June 30, 1940, Moscow) is a Russian scientist and political writer and analyst, a member of International PEN Club. He is a former mem ...
to write that "awarding a criminal with nickname ''Gangrene'' the highest distinction brings shame to the French state".
See also
*List of Russian billionaires
This is a ranking list of Russian billionaires. The following is based on the annual estimated wealth and assets assessment compiled and published by American business magazine ''Forbes''. The wealth of 83 people exceeds $ 1 billion.
Methodolog ...
*Russian oligarchs
Russian oligarchs ( Russian: олигархи, romanized: ''oligarkhi'') are business oligarchs of the former Soviet republics who rapidly accumulated wealth in the 1990s via the Russian privatisation that followed the dissolution of the So ...
Notes
References
External links
*
Biography
by Vladimir Pribylovsky
Vladimir Valerianovich Pribylovsky (russian: Влади́мир Валериа́нович Прибыло́вский, 6 March 195613 January 2016) was a Soviet and Russian political scientist, historian, journalist, human rights activist, and a ...
(in Russian).
Les bonnes affaires de Guennadi Timtchenko
Timchenko's profile and assets on Russian Asset Tracker
{{DEFAULTSORT:Timchenko, Gennady
1952 births
Living people
Russian oligarchs
Finnish businesspeople
Russian emigrants to Finland
Russian billionaires
Naturalized citizens of Finland
Russian-speaking Finns
Russian individuals subject to the U.S. Department of the Treasury sanctions
Russian individuals subject to the European Union sanctions
People named in the Pandora Papers
Anti-Ukrainian sentiment in Russia