Yelena Baturina Net Worth

Yelena Baturina Net Worth

Below is a table summarizing the key details about Yelena Baturina:

Net Worth $1.2 billion
Salary N/A
Birthdate March 8, 1963
Birthplace Moscow, Russia
Gender Female
Height N/A
Profession Entrepreneur, Businesswoman
Nationality Russian

Highlights

– Yelena Baturina has a net worth of $1.2 billion, making her one of the wealthiest individuals in Russia.

– She earned her wealth as the founder of Inteco, a company focused on the plastic and construction industries.

– Yelena Baturina is the only Russian woman worth more than a billion dollars.

– Her husband, Yuriy Luzhkov, served as the mayor of Moscow from 1992 until 2010.

– As of today, she is ranked as the 993rd richest person in the world.

Early Life

Yelena Baturina was born on March 8, 1963, in Moscow, Russia. Not much information is available about her early life and upbringing.

Career

Baturina’s career began in 1991 when she founded Inteco, a company mainly focused on the plastic and construction businesses. Over the years, Inteco grew into a successful enterprise, becoming one of the leading players in its industry. In 1995, the company was even awarded a contract for the production of 85,000 seats to be added to the Luzhniki Stadium in Moscow.

Later, in 2005, Inteco sold its cement works and another company called DSK-3 for a stunning $1.1 billion. DSK-3 was well-known for producing prefabricated buildings.

Baturina’s business interests extend beyond Inteco. She also owns a hotel in the Black Sea known as Sochi, which is a popular vacation resort area in Russia. Additionally, the resort includes a factory that produces over one million cans of condensed milk annually.

Personal Life

Yelena Baturina is married to Yuriy Luzhkov, who served as the mayor of Moscow from 1992 until 2010. They have two daughters together. In addition to her entrepreneurial endeavors, Baturina also holds the position of the president of the Equestrian Federation of Russia.

Net Worth Over Time

Yelena Baturina’s net worth has fluctuated over the years, influenced by various factors such as the performance of her businesses and investments. As of now, her estimated net worth stands at $1.2 billion.

Components of Net Worth

Yelena Baturina’s net worth primarily stems from her ownership stake in Inteco, a company she founded. The success and growth of Inteco have contributed significantly to her wealth. Additionally, her ownership of the Sochi hotel and the condensed milk factory further adds to her net worth.

It’s important to note that net worth calculations can involve a variety of assets, including real estate, investments, and business holdings. While the exact breakdown of Baturina’s net worth components is not public, it is reasonable to assume that her business ventures represent a significant portion of her wealth.

In conclusion, Yelena Baturina is a highly successful Russian businesswoman with a remarkable net worth of $1.2 billion. Through her entrepreneurial endeavors, particularly as the founder of Inteco, she has amassed significant wealth and established herself as one of the wealthiest individuals in Russia. Her diverse business interests, including the Sochi hotel and condensed milk factory, contribute to her overall net worth, making her an influential figure in both the business and financial world.

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