Yuriy Kovalchuk
Encyclopedia
Yury Valentinovich Kovalchuk ' onMouseout='HidePop("89407")' href="/topics/Leningrad">Leningrad
, Soviet Union
) is a Russia
n businessman and financier "reputed to be Putin's personal banker". The May 2008 issue of Russian Forbes
listed him for the first time in its Golden Hundred of Russia's richest and introduced him and another new entrant to the List, Gennady Timchenko
, as "good acqaintances of Vladimir Putin
." The magazine placed him at number 53 (Russians only list) with estimated fortune of $1.9 billion.
From 1987 to 1991 he was the First Deputy Director of Ioffe Physico-Technical Institute
.
Since 2004 he is the Head of the Board of Directors of the Russia bank. He is also its largest shareholder.
Since the early 1990s, Kovalchuk owns a dacha
in Solovyovka, Priozersky District
of the Leningrad region
, which is located on the eastern shore of the Komsomolskoye lake on the Karelian Isthmus
near St. Petersburg. His neighbours there are Vladimir Putin
, Vladimir Yakunin
, Andrei Fursenko, Sergey Fursenko
, Viktor Myachin, Vladimir Smirnov and Nikolay Shamalov. On 10 November 1996, together they instituted the co-operative society Ozero
(the Lake) which united their properties (See Ozero
). http://anticompromat.ru/oligarhi/ppo.htmlhttp://www.lib.ru/HISTORY/FELSHTINSKY/naslednik.txt
His elder brother, Mikhail Kovalchuk
, is the Scientific Secretary of the Council for Science and High Technologies attached to the President of the Russian Federation. Despite pressure from Putin, the Russian Academy of Sciences
rejected Mikhail Kovalchuk's application for full membership of the Academy in May 2008. This was seen as a blow to Putin's authority, as speculation existed that Putin had wanted to Kovalchuk to become President of the RAS.
Leningrad
Leningrad is the former name of Saint Petersburg, Russia.Leningrad may also refer to:- Places :* Leningrad Oblast, a federal subject of Russia, around Saint Petersburg* Leningrad, Tajikistan, capital of Muminobod district in Khatlon Province...
, Soviet Union
Soviet Union
The Soviet Union , officially the Union of Soviet Socialist Republics , was a constitutionally socialist state that existed in Eurasia between 1922 and 1991....
) is a Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
n businessman and financier "reputed to be Putin's personal banker". The May 2008 issue of Russian Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
listed him for the first time in its Golden Hundred of Russia's richest and introduced him and another new entrant to the List, Gennady Timchenko
Gennady Timchenko
Gennady Nikolayevich Timchenko Gennady Nikolayevich Timchenko Gennady Nikolayevich Timchenko (also spelled Guennadi Timtchenko; (born 1952) is a prominent businessman, active in the energy trading business, citizen of Finland, currently living in Geneva, Switzerland....
, as "good acqaintances of Vladimir Putin
Vladimir Putin
Vladimir Vladimirovich Putin served as the second President of the Russian Federation and is the current Prime Minister of Russia, as well as chairman of United Russia and Chairman of the Council of Ministers of the Union of Russia and Belarus. He became acting President on 31 December 1999, when...
." The magazine placed him at number 53 (Russians only list) with estimated fortune of $1.9 billion.
From 1987 to 1991 he was the First Deputy Director of Ioffe Physico-Technical Institute
Ioffe Physico-Technical Institute
Ioffe Physical-Technical Institute of the Russian Academy of Sciences is one of Russia's largest research centers specialized in physics and technology. The institute was established in 1918 in Petrograd and run for several decades by Abram Fedorovich Ioffe...
.
Since 2004 he is the Head of the Board of Directors of the Russia bank. He is also its largest shareholder.
Since the early 1990s, Kovalchuk owns a dacha
Dacha
Dacha is a Russian word for seasonal or year-round second homes often located in the exurbs of Soviet and post-Soviet cities. Cottages or shacks serving as family's main or only home are not considered dachas, although many purpose-built dachas are recently being converted for year-round residence...
in Solovyovka, Priozersky District
Priozersky District
Priozersky District is a district of Leningrad Oblast, Russia. The area of the district is . Its administrative center is the town of Priozersk. District's population: -History:...
of the Leningrad region
Leningrad Oblast
Leningrad Oblast is a federal subject of Russia . It was established on August 1, 1927, although it was not until 1946 that the oblast's borders had been mostly settled in their present position...
, which is located on the eastern shore of the Komsomolskoye lake on the Karelian Isthmus
Karelian Isthmus
The Karelian Isthmus is the approximately 45–110 km wide stretch of land, situated between the Gulf of Finland and Lake Ladoga in northwestern Russia, to the north of the River Neva . Its northwestern boundary is the relatively narrow area between the Bay of Vyborg and Lake Ladoga...
near St. Petersburg. His neighbours there are Vladimir Putin
Vladimir Putin
Vladimir Vladimirovich Putin served as the second President of the Russian Federation and is the current Prime Minister of Russia, as well as chairman of United Russia and Chairman of the Council of Ministers of the Union of Russia and Belarus. He became acting President on 31 December 1999, when...
, Vladimir Yakunin
Vladimir Yakunin
Vladimir Ivanovich Yakunin is a Russian official, president of state-run Russian Railways company. Yakunin is a close ally of the former Russian president Vladimir Putin and is considered to be one of the members of his inner circle.-Biography:...
, Andrei Fursenko, Sergey Fursenko
Sergey Fursenko
Sergey Aleksandrovich Fursenko is a Russian businessman.He is a brother of Andrei Fursenko.Since July 2003 Sergey Fursenko is the Director General of the JSC Lentransgaz, a subsidiary of Gazprom....
, Viktor Myachin, Vladimir Smirnov and Nikolay Shamalov. On 10 November 1996, together they instituted the co-operative society Ozero
Ozero
Ozero is a co-operative society allegedly instituted on November 10, 1996 by Vladimir Smirnov , Vladimir Putin, Vladimir Yakunin, Andrei Fursenko, Sergey Fursenko, Yury Kovalchuk, Viktor Myachin, and Nikolay Shamalov...
(the Lake) which united their properties (See Ozero
Ozero
Ozero is a co-operative society allegedly instituted on November 10, 1996 by Vladimir Smirnov , Vladimir Putin, Vladimir Yakunin, Andrei Fursenko, Sergey Fursenko, Yury Kovalchuk, Viktor Myachin, and Nikolay Shamalov...
). http://anticompromat.ru/oligarhi/ppo.htmlhttp://www.lib.ru/HISTORY/FELSHTINSKY/naslednik.txt
His elder brother, Mikhail Kovalchuk
Mikhail Kovalchuk
Mikhail Valentinovich Kovalchuk is a Russian physicist and official. He is a brother of Yury Kovalchuk, known as "Putin's personal banker."Since May 26, 2000 Mikhail Kovalchuk has been an Associate Member of the Russian Academy of Sciences in physics....
, is the Scientific Secretary of the Council for Science and High Technologies attached to the President of the Russian Federation. Despite pressure from Putin, the Russian Academy of Sciences
Russian Academy of Sciences
The Russian Academy of Sciences consists of the national academy of Russia and a network of scientific research institutes from across the Russian Federation as well as auxiliary scientific and social units like libraries, publishers and hospitals....
rejected Mikhail Kovalchuk's application for full membership of the Academy in May 2008. This was seen as a blow to Putin's authority, as speculation existed that Putin had wanted to Kovalchuk to become President of the RAS.
External links
- Biography (in Russian).
- The country of opportunities. Interview with Yury Kovalchuk, Sankt-Peterburgskie VedomostiSankt-Peterburgskie VedomostiThe Vedomosti was the first newspaper printed in Russia. It was established by Peter the Great's ukase dated 16 December 1702. The first issue appeared on 2 January 1703.- Petrine Vedomosti :...
, 9 July 2005 (in Russian). - Gaining unity. Interview with Yury Kovalchuk, Sankt-Peterburgskie VedomostiSankt-Peterburgskie VedomostiThe Vedomosti was the first newspaper printed in Russia. It was established by Peter the Great's ukase dated 16 December 1702. The first issue appeared on 2 January 1703.- Petrine Vedomosti :...
#133 (2523), 25 July 2001 (in Russian). - a picture of Kovalchuk