Billionaire Profile
Vladimir Yevtushenkov
Global Rank
#2384

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

Vladimir Yevtushenkov

CEO, Telecom
RUSSIA
Real-Time Net Worth
$1.615B
Estimated based on Telecom stock value as of March 6, 2026
0% (24h)
Age
77
Source
Telecom, investments
Industry
Telecom
Citizenship
RUSSIA

Biography

Vladimir Yevtushenkov, born September 25, 1948, is a prominent Russian billionaire known for his telecom and investment ventures. With a current estimated net worth of $1.7 billion, Yevtushenkov's wealth stems from his ownership of Sistema, a diversified conglomerate. His career began in the engineering field before transitioning to the business sector. He founded AFK Sistema in 1993, growing it into a major player in the Russian economy. He has been actively involved in various sectors, including telecommunications, healthcare, and real estate, and played a key role in the development of Russia's telecommunications industry. Yevtushenkov has also been involved in philanthropy, establishing a charitable foundation that supports projects in education, culture, and healthcare.

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

Wealth Over Time

In-Depth Profile

Early Life

Vladimir Petrovich Yevtushenkov was born on September 25, 1948, in Smolensk, Russia. He earned master's degrees in chemistry and economics, and a PhD in economics. Yevtushenkov started his career as an engineer and held various positions before entering the business world.

Rise to Success

In 1993, Yevtushenkov founded AFK Sistema, a diversified investment holding company. Sistema grew to include numerous assets across sectors like telecommunications, retail, and healthcare. Through Sistema, Yevtushenkov has had significant influence on the Russian economy and business landscape. He was the Chairman of the Board of Directors of MTS until 2022.

Key Business Strategies

Yevtushenkov's business strategies included diversification across industries, and a focus on innovation. Sistema made early investments in the telecommunications sector, and expanded into other areas like healthcare, retail, and real estate. He was also a proponent of sustainable development, and promoted ESG standards.

Philanthropy

Yevtushenkov has been involved in philanthropy through the Sistema Charitable Foundation, which supports education, culture, and healthcare initiatives. He has also been involved in projects supporting medical institutions and social programs.

Career Milestones

1975-1982

Shop Manager, Deputy Director, Chief Engineer

Karacharov Plastics Plant, Moscow

1982-1987

Chief Engineer and First Deputy General Director

Polimerbyt Scientific and Production Association

1987

Head of Technical Management

Department of Science and Technology of the Moscow City Executive Committee

1993

Founder

AFK Sistema

1995

Chairman of the Board

Sistema

2003

Chairman of the Board of Trustees

State Russian Museum Development Fund

2022

Left the Board of Directors

AFK Sistema

Philanthropy & Social Impact

Education, Culture, and Healthcare

Sistema Charitable Foundation

Undisclosed

Supports projects in education, culture, and healthcare

Healthcare

#StranaBezVirusa initiative

Undisclosed

Provided support to medical institutions during the COVID-19 pandemic

Business Philosophy & Leadership

Notable Quotes

"Any state will always find a way to put you in your place."

Leadership Principles

Commitment to Employee Welfare

Implemented employee-centric programs, including competitive compensation, health benefits, and work-life balance initiatives

Sustainable Development

Emphasized adherence to international ESG standards across company operations.

Controversies & Challenges

2014

Bashneft Case

Charged in the 'Bashneft case'. The prosecution was later terminated

2022

Sanctions and Asset Freezes

Included in sanctions lists of Australia and the United Kingdom