Yuri Kovalchuk Net Worth

Yuri Kovalchuk is a Russian businessman and the largest shareholder in Rossiya Bank. He was born in St. Petersburg, Russia in 1951 and has been a close friend of President Vladimir Putin since the 1990s. They both had country houses in the Ozero dacha cooperative, and when Putin became president of Russia, many of the cooperative's members' careers improved. US sanctions against Rossiya Bank led Putin to open a salary account in Kovalchuk's bank, and in 2013, Putin's daughter Katerina Tikhonova got married at Kovalchuk's ski resort.
Yuri Kovalchuk is a member of Finance and Investments

Age, Biography and Wiki

Birth Day July 25, 1951
Birth Place St. Petersburg, Russia, Russia
Age 72 YEARS OLD
Birth Sign Leo
Occupation Chairman and largest shareholder, Rossiya Bank
Known for "Putin's personal banker"
Relatives Mikhail Kovalchuk (brother)
Awards Order of Friendship

💰 Net worth: $2.7 Billion (2024)

Yuri Kovalchuk, a prominent figure in the world of finance and investments in Russia, is projected to have a net worth of $2.7 billion by 2024. With a deep understanding of the financial landscape, Kovalchuk has established himself as an astute businessman and investor, accumulating substantial wealth over the years. His expertise in strategic financial planning and market insights has catapulted him to the upper echelons of the Russian financial industry. Kovalchuk's impressive net worth is a testament to his unwavering dedication to his craft and his ability to make shrewd investment decisions.

2011 $1.5 Billion
2012 $1.2 Billion
2013 $1.1 Billion
2014 $1.4 Billion
2017 $1 Billion
2018 $1.46 Billion

Biography/Timeline

1987

From 1987 to 1991 he was the first deputy Director of Ioffe Physico-Technical Institute. Since 2004 he has been chair of Rossiya Bank and its largest shareholder.

1996

Since the early 1990s Kovalchuk has owned a dacha in Solovyovka in the Priozersky District of the Leningrad region, located on the eastern shore of the Komsomolskoye lake on the Karelian Isthmus near St. Petersburg. His neighbours there are Vladimir Putin, Vladimir Yakunin, Andrei Fursenko, Sergey Fursenko, Viktor Myachin, Vladimir Smirnov and Nikolay Shamalov. Together they instituted the co-operative society Ozero (the Lake) which united their properties on 10 November 1996. [1]

2014

Kovalchuk was one of several individuals sanctioned by the U.S. Treasury Department on 20 March 2014 in response to the 2014 Crimean crisis. According to the U.S. Treasury, Kovalchuk is a close advisor to President Putin and has been referred to as one of his “cashiers.”