Billionaire Profile
Boris Zingarevich
Global Rank
#2099

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

Boris Zingarevich

CEO, Pulp and paper
RUSSIA
Real-Time Net Worth
$1.934B
Estimated based on Pulp and paper stock value as of March 6, 2026
0% (24h)
Age
66
Source
Pulp and paper, diversified
Industry
Diversified
Citizenship
RUSSIA

Biography

Boris Zingarevich, born in 1959, is a Russian entrepreneur with an estimated net worth of $2.1 billion. His primary source of wealth is from pulp and paper, as well as diversified investments. Zingarevich's career began in the pulp and paper industry, culminating in founding Ilim Pulp Enterprise in 1992. Under his leadership, the company grew into Russia's largest vertically integrated timber firm. His achievements include transforming Ilim Pulp into OJSC Ilim Group, a joint venture with International Paper. He also invested in renewable energy and electric vehicles. Zingarevich is known for his philanthropic activities, supporting various cultural and educational institutions.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Boris Zingarevich was born in Sebezh, Pskov region, USSR, on July 8, 1959. He has a twin brother, Mikhail Zingarevich. He graduated from the Leningrad Technological Institute of Pulp and Paper Industry with a degree in engineering.

Rise to Success

Zingarevich's career started in the pulp and paper industry. In 1992, he co-founded Ilim Pulp Enterprise with his brother Mikhail and Zakhar Smushkin. Under his leadership, the company grew to become the largest vertically integrated timber company in Russia. In 2006, Ilim Pulp Enterprise was transformed into OJSC Ilim Group, a joint venture with International Paper Corporation. Zingarevich also founded Ilim Timber in 2007, based on the woodworking assets of Ilim Pulp.

Key Business Strategies

Zingarevich's key business strategies included building Ilim Pulp Enterprise into a dominant force in the Russian timber industry, forming strategic partnerships like the joint venture with International Paper, and diversifying investments into related sectors such as renewable energy and electric vehicles.

Philanthropy

Boris Zingarevich is known for his philanthropic activities and has supported various cultural and educational institutions.

Career Milestones

1981

Mechanic

Began his career as a mechanic at the Kondopoga pulp and paper mill.

1992

Co-founder, Ilim Pulp Enterprise

Founded Ilim Pulp Enterprise with his brother Mikhail and Zakhar Smushkin.

2006

Transformation of Ilim Pulp

Transformed Ilim Pulp Enterprise into OJSC Ilim Group.

2007

Founder, Ilim Timber

Established Ilim Timber.

Philanthropy & Social Impact

Philanthropy

Cultural and Educational Institutions

Unknown

Supported various cultural and educational institutions.