Mikhail Shelkov

$3.54B
as of 10/04/24

About Mikhail Shelkov

Mikhail Shelkov is the former head of the investment division of state-owned Rostec, which controlled military contractors in Russia.

Shelkov's former boss Sergey Chemezov, CEO of Rostec, is a member of Putin's inner circle, befriending Russia's president in Germany in the 1980s.

From 2012 to 2014, Shelkov and partners bought a controlling stake in VSMPO-AVISMA Corporation from Rostec and Gazprombank.

VSMPO-AVISMA is the world's largest titanium producer for the aerospace industry, which once counted Boeing, Airbus and Rolls-Royce as customers; In 2022 they ceased sourcing from the company.

In 2022 he bought aluminum factory in the Samara region from Arconic, a former division of Alcoa, stopped operations in Russia, for $230m.

Personal stats

Citizenship

Russian Federation

Source of wealth

Titanium

Residence

Moscow, Russian Federation

Birth date

05/30/68 (age 56)

Education

Master of Science, Moscow Institute of Physics and Technology

Self-made

self-made

Mikhail Shelkov’s fortune is worth

59K

troy ounces of gold

54K

median U.S. household

35K

median U.S. income

0.071%

U.S. credit card volume

0.014%

GDP of the United States

0.01%

United States debt

Net worth history

Annual ranking

Did you know?

In 2019 Shelkov launched Empathy Foundation, which supports school teachers in Russia.

Net worth over time

Real-time ranking

Financial assets

MICEX | VSMO-RU

VSMPO-AVISMA

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