He is also the chairman of the board of directors of the company.
Leonid Simanovsky is a Russian businessman with a net worth of $1.5 billion. He is the co-founder of Novatek, a gas company established in 1994, and currently serves as the chairman of the board of directors. His success has made him one of the wealthiest people in Russia.
Leonid Simanovsky is a member of Richest Billionaires
Age, Biography and Wiki
💰 Net worth: $1.5 Billion (2024)
It was back in the 1980s that Simanovsky met his future his partner in Novatek, Leonid Mikhelson, a deputy of Mikhelson's in a construction company. They seemed to be a perfect business match with Simanovsky who had worked as a fitter in a factory producing space rocket technology at the time. Today, Novatek is the largest independent natural gas producer in Russia. Simanovsky, who draws part of his net worth from Novatek, now holds just under 2% in the gas company, whereas he had a 6% stake in it at the time of its initial public offering, in 2005. In addition to Novatek, Simanovsky and Mikhelson control the First United Bank. Also present on the political scene in Russia, Simanovsky has been a State Duma deputy and a member of Vladimir Putin's Yedinaya Rossiya (United Russia) party since 2003. Furthermore, he is a deputy chairman of the Duma's budget and tax committee.
