He is the chairman of the board of directors of TAIF-NK, a major oil refinery in the region. Sulteev also owns a stake in the Tatneft oil company and is a major shareholder in the Tatenergo energy company.
Rustem Sulteev is a Russian businessman with a net worth of $1.15 billion. He is the chairman of the board of directors of TAIF-NK, an oil refinery in the Republic of Tatarstan, and a major shareholder in the Tatenergo energy company. He is also one of the owners of the TAIF Group, a regional holding company with assets in the Republic of Tatarstan, and owns a stake in the Tatneft oil company.
Rustem Sulteev is a member of Richest Billionaires
Age, Biography and Wiki
Net worth: $1.3 Billion
The company has become a share-holder in most of its oil refineries, chemical factories, power plants, gas stations and construction companies in the mid-90s, i.e., the Russia's privatization period. Sulteev not only benefited from the group's growth as its shareholder, but he has also worked as deputy to TAIF board chairman Albert Shigaboutdinov since the early '90s. Now, Sulteev's son Timur is the one to sit on the board.