Yuri Kovalchuk & family (2025)

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From the Editor

  • Yuri Kovalchuk is friends with Russia's president Vladimir Putin; they met when Putin was deputy mayor of St. Petersburg.
  • They both had country houses in the Ozero dacha cooperative, and when Putin became president, many of the cooperative's members' careers improved.
  • Kovalchuck is now the largest shareholder of Rossiya Bank and has a large stake in Sogaz insurance company.
  • He controls National Media Group, an investment firm with controlling stakes in popular Russian media assets.
  • He was sanctioned by the U.S. and the EU in 2014, along with a group of close Putin friends.
  • In December 2021 Sogaz bought 45% of MF Technologies, that controls VK, one of the largest internet companies in Russia.

Wealth History

HOVER TO REVEAL NET WORTH BY YEAR

Forbes Lists

#1033

Billionaires (2024)

Personal Stats

Age
73
Source of Wealth
Banking, insurance, media, Self Made
Residence
St. Petersburg, Russia
Citizenship
Russia
Marital Status
Married
Children
1
Education
Doctorate, St Petersburg State University

Did you know

After US sanctions hit Kovalchuk's Rossiya Bank, Vladimir Putin moved his payroll account to the bank.

Kovalchuk's son Boris is CEO of InterRAO, a large state-owned energy company in Russia.

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Andrei Molchanov

Related by education: St Petersburg State University

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