Back غينادي تيموشينكو Arabic جينادى تيموشينكو ARZ Gennadij Timčenko Czech Gennadi Nikolajewitsch Timtschenko German Guennadi Tímchenko Spanish Gennadi Timtšenko Estonian گنادی تیمچنکو Persian Gennadi Timtšenko Finnish Guennadi Timtchenko French גנאדי טימצ'נקו HE

Gennady Timchenko

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
OccupationBusinessman
SpouseElena
Children3
Awards

Gennady Nikolayevich Timchenko (Russian: Геннадий Николаевич Тимченко, also spelled Guennadi 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]

  1. ^ 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.
  2. ^ a b c "Pandora papers reveal hidden riches of Putin's inner circle". the Guardian. 3 October 2021. Retrieved 2 March 2022.
  3. ^ a b c "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.
  4. ^ "'Blood money': Europe's secretive trade in Syrian phosphates". the Guardian. 30 June 2022. Retrieved 17 July 2022.
  5. ^ 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.
  6. ^ "UK targets three oligarchs and five Russian banks in first tranche of new sanctions - ICIJ". 22 February 2022. Retrieved 2 March 2022.
  7. ^ "Britain sanctions Gennady Timchenko and five banks, Johnson says". www.euractiv.com. 22 February 2022. Retrieved 17 July 2022.
  8. ^ a b "Bloomberg Billionaires Index: Gennady Timchenko". Bloomberg L.P. Retrieved 5 March 2022.
  9. ^ "Timchenko became a chairman of the board of directors of the KHL". Archived from the original on 11 July 2012.
  10. ^ "Appointed Chairman of the Board of SKA Gennady Timchenko". Archived from the original on 16 April 2013.
  11. ^ "Forbes Timchenko Profile". Forbes.
  12. ^ Cite error: The named reference sano0204 was invoked but never defined (see the help page).
  13. ^ "Ukraine-related Designations". US Department of Treasury. 20 March 2014.
  14. ^ Cite error: The named reference tass0814 was invoked but never defined (see the help page).

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