Stephen Jennings

Boasting of a net worth of $773 million, Stephen Jennings is one of the richest people in New Zealand. He developed a significant portion of his wealth due to his investments with the Russian company, Renaissance Capital. Stephen Jennings ultimately ended his connection with the company in order to pursue new markets in Africa. Interestingly, he pulled out of the African markets three months later and then disappeared from the world. 

Read also : The Richest People In New Zealand

stephen jennings

Before he became a major investor in world markets, Stephen Jennings was a rugby player. He moved to Russia in 1992 when he was just 32 years old. As he developed his significant earnings, he developed a reputation for being a keen risk taker. At one point in time, he was known for being the richest person in New Zealand. He originally started Renaissance Capital with some Russian partners in 1995.

stephen jennings new zealand

He made $5 billion at this time, but his net worth dropped as Renaissance lost money. After he left Russia, rumors persisted that he was living in Nigeria after his exit from the company in 2012. Currently, Renaissance Capital is estimated to have assets worth just $221 million. In comparison, Stephen Jennings net worth is presently estimated to be at $773 million. 

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)