Published on March 22 2014
Arkady Rotenberg Net Worth: $4 Billion
Arkady Rotenberg is a Russian businessman, who has an estimated net worth of $4 billion. He is considered to be among the most influential people in Russia’s business market. He accumulated most of his wealth through supplying pipes to natural gas maker, OAO Gazprom. He started the pipe business alongside his brother, Boris Rotenberg.
Arkady and Boris Rotenberg started by obtaining subsidiaries of Gazprom, Russia’s national energy leader. In due course, they turned the firm into Stroygazmontazh Corporation (SGM Group). The group not only supplied steel pipe to Gazprom as the main supplier, but also became a chief construction contractor in the energy industry.
Lately, SGM gained Gazprom-Bureniye which is one of the largest drilling companies in the country. Rotenberg solely holds 51 per cent of SGM, and has a 26 per cent stake in Mostotrest, a vast road construction corporation. Via Mostotrest, Rotenberg took part in the construction of toll road from Moscow to Saint Petersburg, spending about $259 million.
Rotenberg is also a long time judo hurly-burly partner with Russian president, Vladimir Arkady, This multi-billionaire has however denied rumors that Putin helped him upsurge his wealth. He claimed he owes his success to the discipline he learned from sports. The businessman is divorced with two children.