Billionaire Profile
Boris Rotenberg
Global Rank
#2885

Image: A.Savin | FAL | via Wikimedia Commons

Boris Rotenberg

CEO, Construction
RUSSIA
Real-Time Net Worth
$1.326B
Estimated based on Construction stock value as of April 21, 2026
0% (24h)
Age
69
Source
Construction, pipes, chemicals
Industry
Construction & Engineering
Citizenship
RUSSIA

Biography

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.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/21/2026

Wealth Over Time

In-Depth Profile

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 Milestones

1992

Judo Trainer

Became a professional judo trainer in Helsinki.

1998

Entered Business World

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

2001

Co-founded SMP Bank

Co-founded SMP Bank with his brother Arkady.

2014

Sanctioned by US

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

2022

Sanctioned by UK and EU

Sanctioned by the United Kingdom and the European Union.

2024

President of Russian Automobile Federation

Elected president of the Russian Automobile Federation.

Philanthropy & Social Impact

Sports

SMP Racing Project

Undisclosed

Supports young Russian drivers.

Sports

Russian Judo Federation

Undisclosed

Vice President and supporter of Russian Judo

Controversies & Challenges

2014

US Sanctions

Sanctioned by the United States due to his close relationship with Vladimir Putin and involvement in projects related to the annexation of Crimea.

2022

UK and EU Sanctions

Sanctioned by the United Kingdom and the European Union in response to the Russian invasion of Ukraine.

2020

Legal Case in Finland

Lost a court case in Finland against four banks that refused to provide services due to US sanctions.

2020

Allegations of Sanction Evasion

Accused of using art deals to bypass US sanctions.

2023

Société Générale Investigation

Implicated in a scandal involving Société Générale and allegations of using offshore companies to evade sanctions.