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Billionaire Profile
Sergei Kolesnikov
Global Rank
#2614

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 March 6, 2026
0% (24h)
Age
53
Source
Building materials
Industry
Service
Citizenship
RUSSIA

Biography

Sergei Kolesnikov is a Russian businessman with an estimated net worth of $1.2 - $2.4 billion as of early 2024. He is best known as the founder of Technonicol, a global producer of roofing, waterproofing, and thermal insulation materials. His career began with founding Technonicol with Igor Rybakov in 1992, and has since grown into a multinational enterprise with numerous factories across Europe and Asia. Kolesnikov is also involved in philanthropy and has funded various initiatives, including biathlon schools and an ecopark in Russia. However, he has also faced controversy, including being sanctioned by Poland for supporting activities threatening Ukraine's sovereignty.

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

Wealth Over Time

In-Depth Profile

Early Life

Sergei Anatolievich Kolesnikov was born on February 25, 1972, in Ulyanovsk, Russia. Little is publicly known about his early life. He earned a Master of Science from the Moscow Institute of Physics and Technology in 1995.

Rise to Success

Kolesnikov's business career took off when he co-founded Technonicol with Igor Rybakov in 1992. Starting with roof repairs, Technonicol expanded rapidly, acquiring a controlling stake in a Vyborg Roofing Material Plant in 1995. The company continued to grow, expanding to multiple countries. By 2018, Technonicol had 52 production sites in seven countries. In 2024, Technonicol bought a plastic waste recycling plant in Tver.

Key Business Strategies

Technonicol's success is attributed to several key strategies. The company focused on producing high-quality roofing and insulation materials, supplying a wide range of construction projects. Kolesnikov expanded the company geographically, establishing a presence in multiple countries. The company's revenue in 2024 was $256 Billion.

Philanthropy

Kolesnikov has been involved in various philanthropic activities, including funding biathlon schools and building biathlon stadiums. He also financed an ecopark near Ryazan.

Career Milestones

1992

Founded Technonicol

Co-founded Technonicol with Igor Rybakov, initiating the business in roof repairs.

1995

Acquired Controlling Stake

Technonicol acquired a controlling stake in Vyborg Roofing Material Plant.

2024

Technonicol Revenue

Technonicol revenue reached $256 billion

Philanthropy & Social Impact

Sports

Biathlon Schools

Undisclosed

Kolesnikov finances biathlon schools.

Environmental

Ecopark near Ryazan

Undisclosed

Funded an ecopark near Ryazan, Russia.

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

2023

Poland Sanctions

Poland imposed sanctions against Sergei Kolesnikov and Polish structures of the Technonicol company due to indirect support of activities threatening the territorial integrity, sovereignty and independence of Ukraine.

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