BillionaireNet
Shelkov
Mikhail Shelkov
Rank #1274
RUSSIAMetals & MiningTitanium

Mikhail Shelkov

Net Worth
$3.179B
0% (24h)
Mikhail Shelkov is a prominent Russian billionaire, investor, and philanthropist. As the majority owner of VSMPO-AVISMA, the world's largest titanium producer, his wealth is primarily sourced from the metals and aerospace industries. Shelkov's career began in the financial sector, later transitioning to industrial production and metals. His net worth is estimated to be $3.2 billion as of 2025. Beyond his business ventures, Shelkov founded the Empathy Charitable Foundation, which supports education, culture, and science.

The Full Dossier

Early Life and Education

Mikhail Shelkov was born in Russia in 1968. Details about his childhood are limited, but he demonstrated a strong academic background. He graduated from Moscow State University with a degree in physics in 1991. This foundation played a role in his strategic approach to industrial management and investments.

Career Beginnings

Shelkov's career began in the financial sector during the 1990s, a time of significant privatization and restructuring in Russia. He gained experience in capital markets and industrial financing. By the early 2000s, he shifted his focus to industrial production, particularly metals.

Rise to Success

Shelkov's most significant career achievement is his ownership stake and leadership in VSMPO-AVISMA, the world’s leading producer of titanium and titanium alloys. He and his partners acquired a controlling stake in VSMPO-AVISMA in 2012-2014. Under his guidance, VSMPO-AVISMA has become a major supplier to aerospace giants like Boeing, Airbus, and Rolls-Royce. Shelkov also owns Samara Metallurgical Plant (SMZ), a key aluminum producer.

Philanthropy

Shelkov is also a dedicated philanthropist, establishing the Empathy Charitable Foundation in 2019. The foundation supports education, culture, and science. Initiatives include supporting educators, engaging students, and promoting STEM fields. The foundation also supports the arts, culture, and sports.

Career Timeline

2019

Founded Empathy Charitable Foundation

Established a foundation to support education, culture, and science.

2012-2014

Acquired VSMPO-AVISMA

Acquired a controlling stake in VSMPO-AVISMA, the world's largest titanium producer.

2001

Head of Prominvest investment holding

Assumed leadership of Prominvest investment holding.

1995

Joined the board of RBRD

Became a member of the board of directors at RBRD.

1993-1995

Head of Eurosibbank

Held a senior position at Eurosibbank.

1991

Graduated from Moscow State University

Received a degree in molecular and chemical physics.

Philanthropic Impact

Education, Culture, and ScienceUnknown

Empathy Foundation

Supports educational initiatives, scholarships, and scientific research.

EducationUnknown

Scholarships and Grants

Provides scholarships for talented students in technical and engineering fields, as well as students in foreign affairs and physics.

Education$0.12B

Teaching as a Calling competition

Recognizes exemplary educators from kindergartens to university academies.

Wealth Trajectory