Rustem Sulteev
Kazan, Russia
Bachelor of Arts/Science, Kazan Institute of Civil Engineering
Russia
refinery, chemicals, Self Made
$1,400,000,000
1818
#1818 Billionaires 2019
Rustem Sulteev co-owns the TAIF Group, a large regional holding company with assets in the Republic of Tatarstan. TAIF Group's interests include an oil refinery, a chain of gas stations, chemical factories and power plants. TAIF became a shareholder in most of its companies during Russia's privatization in the mid 1990s.
Son Timur is a member of the board of TAIF and deputy general director for commerce of Kazanorgsintez, Russia's largest producer of ethylene polymers.Sulteev and other stakeholders of the TAIF Group, Radik Shaimiev and Albert Shigaboutdinov, also own Avers Bank.
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