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Billionaire Profile
Elena Baturina
Global Rank
#2721

Image: Е.В.Начитов.(впервые мною опубликовано https://www.flickr.com/photos/103370359@N08/) | CC BY-SA 3.0 | via Wikimedia Commons

Elena Baturina

CEO, Inteco
RUSSIA
Real-Time Net Worth
$1.316B
Estimated based on Inteco stock value as of March 6, 2026
0% (24h)
Age
62
Source
Investments, real estate
Industry
construction-engineering
Citizenship
RUSSIA

Biography

Elena Baturina, born on March 8, 1963, is a prominent Russian businesswoman and philanthropist, recognized as the only self-made woman in the construction industry to achieve billionaire status. Her wealth source is investments and real estate. She founded Inteco in 1991, which became a leading construction firm in Moscow. Baturina is currently based in London, where she continues to manage her international investment portfolio, including hotels, renewable energy projects, and real estate development. She is also the founder of the BE OPEN Foundation, a philanthropic initiative supporting sustainability and creativity.

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

Wealth Over Time

In-Depth Profile

Early Life

Yelena Nikolayevna Baturina was born on March 8, 1963, in Moscow, Russia. She began her career as a design-technician at the Frezer industrial tool plant. Baturina’s early experiences shaped her work ethic and entrepreneurial spirit.

Rise to Success

Baturina’s career advanced through various positions in the Moscow government and the Russian Union of United Cooperatives. In 1991, she founded Inteco, an investment and construction company. Under her leadership, Inteco became a major player in Moscow's construction market. She was the richest woman in Russia for many years.

Key Business Strategies

Inteco's success was built on a strategy of securing large construction contracts and diversifying into related industries. Baturina expanded Inteco's portfolio to include plastics manufacturing and cement production. After selling her assets in Russia, Baturina moved her business headquarters to Europe, investing in hotels, renewable energy, and real estate development in various countries.

Philanthropy

Elena Baturina is actively involved in philanthropy, primarily through the BE OPEN Foundation, which she established in 2012. The foundation supports young designers, architects, writers, and scientists, promoting sustainability, design-thinking, and creativity through various initiatives.

Career Milestones

1989

Founded first business

Set up a software production company.

1991

Founded Inteco

Founded Inteco, an investment and construction company.

2011

Sold Inteco

Sold Inteco and moved business headquarters to Europe.

2012

Founded BE OPEN Foundation

Established the BE OPEN Foundation, a philanthropic organization.

Philanthropy & Social Impact

Philanthropy

BE OPEN Foundation

Undisclosed

Supports young designers, architects, writers, and scientists, promoting sustainability, design-thinking, and creativity.

Business Philosophy & Leadership

Notable Quotes

""Unfortunately, the material world seems to prevail, and this is not good for humanity. Concept of consumerism is profit-driven, but ideas cannot always be profitable, especially in the short-term""

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