Leonid Mikhelson Net Worth is$11.9 Billion
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What is Leonid Mikhelson's net worth? Leonid Mikhelson's net worth is $11.9 billion dollars which makes him one of the richest people in Russia. Born in Kaspiysk, Russian SFSR, Leonid Mikhelson attended the Kulbyshev Civil Engineering Institute in the late 70s, where he majored in Civil Engineering. He worked as a foreman, initially, and then became a chief engineer for such projects as Ryazantruboprovodstroy Trust. From there, he moved on to head the Kuybyshevtruboprovodstroy Trust. In the late 80s, he began to work for Novafininvest. He eventually took over as manager for the company. He renamed the company, Novatek, and shepherded it through a massive restructuring that included adding oil and gas production to its pipeline and roadwork divisions. The company grew exponentially. He has since sold 20% of the company, but still holds a majority stake, and continues to serve as CEO. In addition to his duties with Novatek, he also owns nearly 75% of Samara-JSC, a large bank that was formed in 2006.

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Leonid Mikhelson Latest News

Novatek agrees to sell 10% in Arctic LNG 2 to France's Total

Novatek and Total hope to complete the deal in the first quarter of 2019, when front-end engineering study is finalized, Mikhelson told reporters on the sidelines of the forum. The final investment decision is to be taken in the second half of 2019 ...
Posted: May 24, 2018, 12:25 pm

Total Joins $25 Billion Russian Arctic LNG Project

French Total will buy a 10-percent stake in Russian Novatek’s LNG-2 project in the Arctic, Novatek’s chief, Leonid Mikhelson, said, as quoted by Reuters. France’s President Emmanuel Macron is visiting Russia for the St. Petersburg economic forum this ...
Posted: May 25, 2018, 11:00 am

Correction: Commerce Secretary-Russian Gas Shipments story

NEW YORK (AP) — In a Nov. 6 story about the U.S. commerce secretary's links to a Russian company, The Associated Press reported erroneously that Russian oligarch Leonid Mikhelson had been sanctioned by the U.S. The U.S. imposed sanctions on Novatek ...
Posted: November 6, 2017, 4:00 am
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