Arkady Rotenberg’s profile picture

Arkady Rotenberg

Arkady Rotenberg’s profile picture
Net worth 2018: $3.12 Billion
Residence: St. Petersburg, Russia
Country: Russia
BirthDay: 15 December 1951
Sigh: Capricorn
Children: 5
Education: Bachelor of Arts / Science, Leningrad Institute of Physical Culture
BIOGRAPHY

Arkady Rotenberg was bornon 15 December 1951 in St. Petersburg, Russia, Russia. Arkady Rotenberg is #779 in List Billionaires People In The World. Arkady Rotenberg is one of the most influential businessmen in Russia. He was judo sparring partner with President Vladimir Putin. An ice hockey fan, he apparently still plays with Putin and is chairman of the executive board of Russian Ice Hockey Federation. The close ties with Putin made him and his brother targets of U.S. and European sanctions in 2014. The U.S. Treasury Department claimed that Putin had awarded the Rotenberg brothers billions of dollars in contracts with oil and gas giant Gazprom and for the Sochi winter Olympics. In September 2014, the Italian police seized millions in assets from Arkady including a luxury hotel in Rome and two villas in Sardinia. After the sanctions, Arkady transferred some assets to his son Igor, including stakes in drilling company Gazprom Bureniye, road construction company Mostotrest, and TPS Real Estate Holding. Arkady owns Stroygazmontazh Corporation (or SGM Group), one of Russia's biggest construction contractors in the energy field. SGM Group is also building Kerch Strait bridge between Russia and Crimea peninsula. Rotenberg also holds an 80% stake in nitric fertilizer manufacturer Minudobreniya, and has an indirect stake in Sheremetyevo Airport near Moscow.

NET WORTH STATISTIC
2011

$1.1 Billion

2012

$1 Billion

2013

$3.3 Billion

2014

$4 Billion

2015

$1.4 Billion

2016

$1 Billion

2017

$2.6 Billion

2018

$3.12 Billion

TIMELINE
2017

Rotenberg's personal wealth has been estimated in 2017 at over $2

2014

In September 2014, Italy seized €30 million of Rotenberg's real estate, including four villas in Sardinia and Tarquinia, and a hotel in Rome

2013

In 2013 an internal council was formed by the Ministry of Education to check all textbooks

2011

After Enlightenment became a private company in 2011, the government of the Russian Federation started to make several changes in that sector

2008

In 2008, Rotenberg formed Stroygazmontazh (SGM) with five companies he had purchased from Gazprom for $348 million

2007

In 2007, Gazprom rejected an earlier plan to build a 350 mile pipeline and instead paid Rotenberg $45 billion, 300% of ordinary costs, to build a 1,500 mile pipeline to the Arctic Circle

2001

In 2001, Rotenberg and his brother founded the SMP bank, which operates in 40 Russian cities with over 100 branches, more than half of them in the Moscow area

2000

In 2000, Putin, who had become President of Russia, created Rosspirtprom, a state-owned enterprise controlling 30% of Russia's vodka market, and put Rotenberg in control

1990

During the 1990s, Rotenberg and his brother, Boris, who had moved to Finland, traded in petroleum products

1978

In 1978, Rotenberg graduated from the Lesgaft National State University of Physical Education, Sport and Health and became a judo trainer

1963

In 1963, when he was age twelve, Rotenberg and Vladimir Putin both joined Anatoly Rakhlin's sambo club

1951

Rotenberg was born in 1951 in Leningrad, where his father, Roman, worked in management at the Red Dawn telephone factory, allowing the family to avoid living in a communal apartment

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