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Billionaire Profile
Sergei Kolesnikov
Global Rank
#2773

Image: Patpi | CC BY-SA 3.0 | via Wikimedia Commons

Sergei Kolesnikov

CEO, Building materials
RUSSIA
Real-Time Net Worth
$1.401B
Estimated based on Building materials stock value as of April 20, 2026
0% (24h)
Age
54
Source
Building materials
Industry
Service
Citizenship
RUSSIA

Biography

Sergei Kolesnikov is a prominent Russian entrepreneur with an estimated net worth of $1.4 billion, primarily derived from his building materials business. Born on February 25, 1972, Kolesnikov is best known as the co-founder of Technonicol, a leading global manufacturer of roofing, waterproofing, and thermal insulation materials. His career spans the development and expansion of Technonicol into a multinational corporation with numerous production facilities. Kolesnikov's achievements include driving the company's growth, establishing a significant market presence, and pioneering sustainable practices within the construction sector. He is married with four children and is known for his involvement in philanthropic initiatives, including the funding of biathlon schools and an ecopark.

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

Wealth Over Time

In-Depth Profile

Early Life and Education

Sergei Anatolievich Kolesnikov was born in Ulyanovsk, Russia, on February 25, 1972. He earned a degree from the Moscow Institute of Physics and Technology in 1995.

Rise to Success

Kolesnikov co-founded Technonicol in 1992 with Igor Rybakov, initially focusing on roof repairs. The company quickly expanded, acquiring a controlling stake in the Vyborg Roofing Material Plant in 1995. Technonicol grew to include 70 manufacturing plants in eight countries by 2024. In 2024, Technonicol bought a plastic waste recycling plant.

Key Business Strategies

Technonicol's success stems from its focus on diversification, technological advancement, and strategic acquisitions. The company's early expansion into insulation materials proved crucial. Kolesnikov's ability to navigate challenges and adapt to market changes has been central to Technonicol's growth into a global player. The company has facilities across Europe and Asia.

Philanthropy

Kolesnikov is known for funding biathlon schools and building two biathlon stadiums. He also financed an ecopark near Ryazan, Russia.

Career Milestones

1992

Co-founded Technonicol

Founded Technonicol with Igor Rybakov, initially focused on roofing materials.

1995

Acquired Vyborg Roofing Material Plant

Acquired a controlling stake in the Vyborg Roofing Material Plant, expanding production capabilities.

2003

Expanded into Insulation Materials

Diversified Technonicol's product range, entering the insulation market.

2024

Opened new Plant in Kazakhstan

Technonicol launched the construction of a manufacturing site in Kazakhstan.

Philanthropy & Social Impact

Sports Education

Biathlon Schools

Undisclosed

Funds biathlon schools.

Environmental Conservation

Ecopark near Ryazan

Undisclosed

Financed an ecopark near Ryazan with a hotel complex and biathlon track.

Business Philosophy & Leadership

Notable Quotes

"I am engaged in biathlon, I go to competitions. Why? I like experiencing the stress that appears at the start, and the euphoria at the finish. Business, like sports, is a test of yourself."

Controversies & Challenges

2022

Sanctions by Ukraine

Sanctioned by Ukraine due to his company being a significant source of income for Russia.

2023

Sanctions by Poland

Sanctioned by Poland due to indirect support of activities threatening the territorial integrity, sovereignty and independence of Ukraine.

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