Logo
NetWorth
BillionaireNet
Zingarevich
Boris Zingarevich
Rank #1836
RUSSIA•Diversified•Pulp and paper, diversified

Boris Zingarevich

Net Worth
$2.145B
0% (24h)
Boris Zingarevich, born in 1959, is a Russian entrepreneur known for founding Ilim Pulp Enterprise in 1992. His primary source of wealth is derived from the pulp and paper industry, with diversified investments. Zingarevich built Ilim Pulp into Russia's largest vertically integrated timber company. His career has included key roles in transforming Ilim Pulp into OJSC Ilim Group, a joint venture with International Paper. Zingarevich also established Ilim Timber and invested in ventures like Ener1 and Think Global. As of 2024, his estimated net worth is $2.1 Billion.

The Full Dossier

Early Life

Boris Gennadyevich Zingarevich was born on July 8, 1959, in Sebezh, Pskov region, USSR. He graduated from the Leningrad Technological Institute of Pulp and Paper Industry with a degree in engineering. He has a twin brother, Mikhail Zingarevich.

Rise to Success

In 1992, Zingarevich co-founded Ilim Pulp Enterprise with his brother Mikhail and Zakhar Smushkin. He served on the board of directors, overseeing operational activities, and development projects. Under his leadership, Ilim Pulp became the largest vertically integrated timber company in Russia. In 2006, Ilim Pulp Enterprise was transformed into OJSC Ilim Group, a joint venture with International Paper Corporation, where Zingarevich also served on the board. He also established Ilim Timber in 2007.

Key Business Strategies

Zingarevich's strategies included vertical integration in the timber industry and forming strategic partnerships, such as the joint venture with International Paper. He expanded his business interests to include investments in energy-storage technologies (Ener1) and electric vehicle production (Think Global).

Philanthropy

Zingarevich is known for his philanthropic activities and has supported various cultural and educational institutions.

Career Timeline

2007

Established Ilim Timber

Established Ilim Timber based on the woodworking assets of Ilim Pulp.

2006

Ilim Group Joint Venture

Ilim Pulp Enterprise transformed into OJSC Ilim Group, a joint venture with International Paper Corporation.

1992

Founded Ilim Pulp Enterprise

Co-founded Ilim Pulp Enterprise with his brother Mikhail and Zakhar Smushkin. The company became the largest vertically integrated timber company in Russia.

Philanthropic Impact

CharityUnknown

Cultural and Educational Institutions

Supports various cultural and educational institutions.

Wealth Trajectory