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Billionaire Profile
Boris Zingarevich
Global Rank
#2172

Image: Sokrat78 | CC BY-SA 4.0 | via Wikimedia Commons

Boris Zingarevich

CEO, Pulp and paper
RUSSIA
Real-Time Net Worth
$1.938B
Estimated based on Pulp and paper stock value as of April 20, 2026
0% (24h)
Age
66
Source
Pulp and paper, diversified
Industry
Diversified
Citizenship
RUSSIA

Biography

Boris Zingarevich, born in 1959, is a Russian billionaire known for his significant role in the pulp and paper industry. He co-founded Ilim Pulp Enterprise in 1992, which later became OJSC Ilim Group, transforming into Russia's largest vertically integrated timber company. His source of wealth is primarily from Pulp and paper, diversified. With a career spanning decades, Zingarevich has also invested in various ventures, including Ener1 and Think Global. As of March 2026, his net worth is estimated at $2.1 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Boris Zingarevich was born on July 8, 1959, in Sebezh, USSR. He graduated from the Pulp and Paper Technological University in Leningrad with a degree in engineering.

Rise to Success

In 1992, Zingarevich, along with his twin brother Mikhail and schoolmate Zakhar Smushkin, founded Ilim Pulp Enterprise. This company grew to become Russia's largest vertically integrated timber firm. In 2006, Ilim Pulp Enterprise became OJSC Ilim Group through a partnership with International Paper. Zingarevich also established Ilim Timber. He invested in Ener1, a company developing energy-storage technologies, and Think Global, an electric vehicle manufacturer.

Key Business Strategies

Zingarevich's business strategy focused on the pulp and paper industry, expanding into related ventures and forming strategic partnerships. A key move was the joint venture with International Paper, which helped expand the company. He later diversified into energy storage and electric vehicles.

Philanthropy

Zingarevich has supported various cultural and educational institutions, though the specific amounts are not available.

Career Milestones

1992

Founded Ilim Pulp Enterprise

Co-founded Ilim Pulp Enterprise with his twin brother and a schoolmate, growing it into the largest vertically integrated timber company in Russia.

2006

Ilim Group Joint Venture

Transformed Ilim Pulp Enterprise into OJSC Ilim Group, partnering with International Paper.

2007

Established Ilim Timber

Founded Ilim Timber, based on the woodworking assets of Ilim Pulp.

Philanthropy & Social Impact

Philanthropy

Cultural and educational institutions

$XB

Supported various cultural and educational institutions.

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