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Leonid Mikhelson Net Worth

Leonid Mikhelson is one of Russia’s richest individuals, but just how much is he worth today?

Emmy Wallin



Leonid Mikhelson Net Worth

What is Leonid Mikhelson’s net worth? 

Net Worth:$24 Billion
Born:August 11, 1955
Country of Origin:Russia
Source of Wealth:Entrepreneur
Last Updated:2021


Leonid Mikhelson is a Russian billionaire businessman, CEO, chairman, and major shareholder of the Russian gas company Novatek.

He has a strong interest in art, and most of his interest is in Russian and contemporary art. He also established his own foundation, the V-A-C Foundation, which promotes contemporary Russian art, 

As of 2021, Leonid Mikhelson’s net worth is estimated to be $24 billion.


Early Life 

Leonid Viktorovich Mikhelson was born on the 11th of August, 1955, Kaspiysk, Russia.

Mikhelson began his career as an engineer after graduating with a degree in Industrial Civil Engineering from the Samara Institute of Civil Engineering in 1977.

He started working as a foreman at a construction and assembling company in the Tyumen area of Siberia. One of his initial projects was to work on the Urengoi-Chelyabinsk gas pipeline.



In 1985, Mikhelson was appointed as Chief Engineer of Ryazantruboprovodstroy.

In 1987, he became the General Director of Kuibishevtruboprovodstroy. 

Mikhelson continued as Managing Director at the company, which has been renamed NOVA, until October 1994. He then became General Director of its holding company, Novafinivest, which later became known as NOVATEK.

From 2008 until 2010, Mikhelson was Chairman of the Board of Directors for OAO Stroytransgaz and OOO Art Finance. He currently holds the Chairman of the Board of Directors of ZAO SIBUR and serves on the Supervisory Board of OAO Russian Regional Development Bank.

Mikhelson has a strong interest in art, stating that “99 percent” of his interest is in Russian and contemporary art. He also established his foundation, the V-A-C Foundation, which promotes contemporary Russian art, and has international ties with the New Museum in New York, the Tate museums in the UK, and London’s Whitechapel gallery.

As of 2021, Leonid Mikhelson’s net worth is $24 billion.


How Does Leonid Mikehlson Spend His Money? 

Leonid Mikhelson spends some of his money on his art collection and real estate. 


Leonid Mikhelson’s Art Collection 

Mikhelson is known as an art collector. One of his collections is named after his daughter Viktoria Mikhelson.


Leonid Mikhelson’s Home 

Mikhelson lives with his family in a large house Barvikha near Moscow. He also owns a home in Miami Beach. 



Here are some of the best highlights of Leonid Mikhelson’s career: 

  • CEO and chairman of Novatek
  • Mikhelson is the recipient of the Russian Federation’s Order of the Badge of Honor


Favorite Quotes From Leonid Mikhelson 

“Of course, technical difficulties due to sectoral sanctions against Novatek and automatically against Yamal LNG … there are difficulties with attracting credit financing.” – Leonid Mikhelson

“Even by the most pessimistic valuations, the project is feasible.” – Leonid Mikhelson


3 Powerful Lessons From Leonid Mikhelson

Now that you know all about Leonid Mikhelson’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him:


1. Be Patient

Every overnight success is years in the making, as they say. Successful people know this.


2. Watch What People Do

So, rather than listening to what people say watch what they do. Draw your conclusions from people’s actions, not their words.


3. Accept New Challenges

You get better. What used to be a new challenge is now routine. It was only difficult because you leveled up. Accept new challenges. 



Leonid Mikhelson is a Russian businessman who is the CEO and major shareholder of Novatek. He has since sold 20% of the company, but still holds a majority stake, and continues to serve as CEO.

In addition to his duties with Novatek, he also owns nearly 75% of Samara-JSC, a large bank that was formed in 2006.

As of 2021, Leonid Mikhelson’s net worth is estimated to be $24 billion. 

What do you think about Leonid Mikhelson’s net worth? Leave a comment below. 

Emmy Wallin is a writer for Wealthy Gorilla. She is a young Swedish girl from Uppsala, who is currently traveling around the world. Emmy has a big passion for helping others and motivating people. Emmy has been studying celebrities careers, biographies, lifestyles, and net worths for over 3 years. She is the face behind the net worth profiles here on Wealthy Gorilla.

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