Name
Mikhail Shelkov
Mikhail Shelkov
Moscow, Russia
Master of Science, Moscow Institute of Physics and Technology
Russia
titanium, Self Made
$1,200,000,000
2057
#2057 Billionaires 2019
Mikhail Shelkov is the former head of the investment division of state-owned Rostec, which controlled military contractors in Russia.Shelkov's former boss Sergey Chemezov, CEO of Rostec, is a member of Putin's inner circle, befriending Russia's president in Germany in the 1980s. From 2012 to 2014, Shelkov and partners bought a controlling stake in VSMPO-AVISMA Corporation from Rostec and Gazprombank.VSMPO-AVISMA is the world's largest titanium producer for the aerospace industry, with such customers as Boeing, Airbus, Rolls-Royce and Embraer.
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