Billionaire Profile
Rustem Sulteev
Global Rank
#2267

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Rustem Sulteev

CEO, Refinery
RUSSIA
Real-Time Net Worth
$1.756B
Estimated based on Refinery stock value as of March 6, 2026
0% (24h)
Age
72
Source
Refinery, chemicals
Industry
Energy
Citizenship
RUSSIA

Biography

Rustem Sulteev, born in 1954, is a prominent Russian businessman with a current net worth of $1.15 billion. His wealth stems from his involvement in the refinery and chemicals industries. Sulteev is the co-owner of TAIF Group, a major regional holding company in Tatarstan, Russia. His career began in the construction industry before transitioning to civil engineering and eventually leading to a prominent role within TAIF Group, where he served as the First Deputy General Director. Sulteev has received several awards for his contributions to the Russian economy. He is married with two children.

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

Wealth Over Time

In-Depth Profile

Early Life and Education

Rustem Sulteev was born in Kazan, Russia, in 1954. He graduated from the Kazan Institute of Civil Engineering in 1976 with a bachelor's degree.

Rise to Success

Sulteev began his career as a construction foreman. In 1983, he transitioned into civil engineering. His career progressed through various roles, including Deputy General Director for the construction of the second Bakery Plant in Kazan, and Deputy Head of the Directorate for Centrogaz. From 1992 to 1995, he served as Deputy General Director of the Kazan Foreign Trade Research and Production Association. His leadership led to his appointment as the First Deputy General Director of TAIF Group in 1995. Sulteev co-owns TAIF Group, a Russian holding group focused on oil, gas, and petrochemicals.

Key Business Strategies

Sulteev's primary source of wealth comes from the Refinery, chemicals industry through TAIF Group. TAIF became a shareholder in most of its companies during Russia's privatization in the mid-1990s. In 2021, Sulteev and his co-owner Albert Shigaboutdinov merged TAIF with the petrochemical company Sibur.

Philanthropy

Information on Rustem Sulteev's specific philanthropic initiatives is limited in the search results. However, it's known that he actively supports various charitable initiatives and cultural projects in Kazan.

Career Milestones

1976

Graduated

Graduated from Kazan Institute of Civil Engineering with a bachelor's degree.

1995

First Deputy General Director

Appointed First Deputy General Director of TAIF Group.

2021

TAIF and Sibur Merger

Merged TAIF with the petrochemical company Sibur.

Philanthropy & Social Impact

Charity

Various charitable initiatives

Undisclosed

Supports various charitable initiatives and cultural projects in Kazan

Controversies & Challenges

2023

EU Sanctions

Sanctioned by the European Union in December 2023.