LeaderPortfolio
Rotenberg
Boris Rotenberg
Rank #2870
RUSSIAConstruction & EngineeringConstruction, pipes, chemicals

Boris Rotenberg

Net Worth
$1.326B
0% (24h)
Boris Rotenberg, born January 3, 1957, is a prominent Russian businessman and oligarch known for his central role in Russia's infrastructure and energy construction sectors. His source of wealth stems from his involvement in construction, pipes, and chemicals. Rotenberg's career began in the world of sports, where he trained in judo alongside Vladimir Putin, a connection that would later shape his business ventures. He co-founded SMP Bank in 2001, which grew into a major financial institution. Rotenberg's involvement in the construction industry, particularly through Stroygazmontazh (SGM Group), a major gas pipeline construction company, has contributed significantly to his net worth. Sanctioned by the U.S., the EU, and the UK due to his close ties to President Putin, Rotenberg's financial activities have faced considerable scrutiny. As of 2024, his net worth is estimated at $1.3 billion.

The Full Dossier

Early Life and Background

Boris Romanovich Rotenberg was born on January 3, 1957, in Leningrad (now Saint Petersburg), Russia. He comes from a Jewish family. From a young age, Rotenberg was involved in martial arts, particularly judo, between 1968 and 1978. He trained alongside Vladimir Putin during this time. In 1992, he transitioned to being a professional judo trainer in Helsinki.

Rise to Success

In 1998, Rotenberg returned to St. Petersburg and entered the business world alongside his brother Arkady Rotenberg. In 2001, the Rotenberg brothers co-founded SMP Bank, which quickly became a prominent financial institution in Russia. The bank was involved in large-scale energy projects with Gazprom. The Rotenberg brothers secured major contracts in pipeline construction and energy infrastructure. Their company, Stroygazmontazh (SGM Group), emerged as one of Russia's largest construction firms.

Key Business Strategies

Boris Rotenberg's business success is closely tied to his relationship with Vladimir Putin. This connection has facilitated access to lucrative contracts, particularly in the energy and infrastructure sectors. Through SMP Bank and Stroygazmontazh (SGM Group), he has been involved in numerous large-scale projects, including those related to the 2014 Winter Olympics in Sochi.

Philanthropy

Information on specific philanthropy amounts and initiatives is limited. However, Rotenberg is known for his involvement in promoting sports, particularly judo, in Russia. He also sponsors the SMP Racing Project, which supports young Russian drivers.

Career Timeline

2024

President of Russian Automobile Federation

Elected president of the Russian Automobile Federation.

2022

Sanctioned by UK and EU

Sanctioned by the United Kingdom and the European Union.

2014

Sanctioned by US

Was sanctioned by the United States government due to his close ties to Vladimir Putin.

2001

Co-founded SMP Bank

Co-founded SMP Bank with his brother Arkady.

1998

Entered Business World

Returned to St. Petersburg and entered the business world with his brother, Arkady.

1992

Judo Trainer

Became a professional judo trainer in Helsinki.

Philanthropic Impact

SportsUndisclosed

SMP Racing Project

Supports young Russian drivers.

SportsUndisclosed

Russian Judo Federation

Vice President and supporter of Russian Judo

Wealth Trajectory