Leonid Mikhelson is a Russian businessman, CEO, chairman and major shareholder of the Russian gas company Novatek. His personal fortune was estimated at US$11.9 billion according to Forbes magazine as of March 2012 (72nd in the world list of billionaires).
Sibur, the giant Russian petrochemicals company 57.5% controlled by Russian billionaire Leonid Mikhelson, has reached an agreement with state owned Russian oil company Rosneft to acquire its’ 49% interest in their Yugragazpererabotka gas processing joint venture. The interest has been held by Rosneft-owned RN-Holding, formerly TNK-BP.
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Not many people in the art world have heard of Leonid Mikhelson. But the Russian businessman, who is worth $15.4bn, according to Forbes, is emerging as an important funder of international exhibitions. Mikhelson’s foundation, V-A-C, is one of the main sponsors of this year’s Venice Biennale
Leonid Mikhelson, the billionaire who controls OAO Novatek (NVTK), Russia’s largest private gas producer, is poised to bump Alisher Usmanov from his perch as the country’s richest person.