Elena Baturina

$1.32 B

Ranked #2810 in World

About Elena Baturina

Yelena Nikolayevna Baturina, a prominent Russian billionaire businesswoman and philanthropist, has made her mark in various sectors since her birth on March 8, 1963, in Moscow. Baturina, once the richest woman in Russia until 2020, is recognized for founding Inteco, an influential investment and construction company, in 1991. Her diverse portfolio extends to developing a notable hotel chain across Europe and investing in projects from Brooklyn, New York, to Limassol, Cyprus. Beyond her business ventures, Baturina is devoted to philanthropy, establishing the BE OPEN Foundation to foster sustainability and creativity. Married to the late Moscow Mayor Yury Luzhkov and having a net worth of £1.133 billion as of 2021, Baturina's impact stretches from the construction industry and beyond, highlighting her as a significant figure in global business and charity efforts.

Born

March 08, 1963 in Moscow, Russian RSFR, Soviet Union (now Russia)

Age

63 years

Source Of Wealth

Investments, Real Estate

Industries

Construction & Engineering

Citizenship

Russia

Residence

London

Education

Bachelor of Arts/Science, State University of Management

Spouse

Yury Luzhkov (Married: 1991; died 2019)

Children

Yelena Nikolayevna Baturina, a prominent Russian billionaire businesswoman and philanthropist, was born on March 8, 1963, in Moscow, Russia. Her early years were spent in the vibrant capital city, where she developed a strong foundation for her future achievements.

Elena Baturina: Family

Yelena Baturina married Yury Luzhkov, who served as the mayor of Moscow from 1992 to 2010. Their union lasted until his passing in 2019. Together, they raised two daughters, Elena and Olga. Despite her successful career, Baturina prioritizes her family and cherishes the time spent with her loved ones.

Elena Baturina: Career Highlights

Baturina's career trajectory is marked by remarkable achievements. She began her journey as a design-technician at the Frezer industrial tool plant. Her talent and dedication led her to hold various positions in the Moscow government and the Russian Union of United Cooperatives. In 1991, she founded Inteco, an investment and construction company that would become a major player in the industry.

Elena Baturina: Companies

Inteco, under Baturina's leadership, grew into one of the largest construction companies in Moscow. At its peak, it controlled an impressive 20% of the capital's construction market. In 2011, Baturina made a strategic decision to sell Inteco to Mikail Shishkhanov and Sberbank Investments.

In addition to Inteco, Baturina ventured into the hotel business. She developed a chain of luxurious hotels, including the Grand Tirolia Golf & Ski Resort in Austria, the New Peterhof Hotel in St. Petersburg, the Quisisana Palace in Karlovy Vary, Czech Republic, and the Morrison Hotel in Dublin, Ireland.

Baturina's business acumen extends beyond construction and hospitality. She invested in commercial buildings in Brooklyn, New York, and initiated a construction project in Limassol, Cyprus. Furthermore, she became a strategic investor in Hightex GmbH, a global membrane construction company based in Germany. Her diverse portfolio reflects her entrepreneurial spirit and ability to identify opportunities across industries.

Elena Baturina: Major Achievements

Baturina's contributions to the business world have been widely recognized.

She achieved the remarkable feat of becoming the richest woman in Russia, a title she held until 2020. Her estimated net worth, according to the Sunday Times Rich List in 2021, stands at a staggering £1.133 billion.

Baturina's success is not limited to financial achievements. She has also made significant strides in promoting sustainability and innovation. In 2012, she established the BE OPEN Foundation, which champions sustainability, design-thinking, and creativity. Through this platform, she supports various educational and cultural institutions, including the Mayor's Fund for London and Maggie's, a UK-based cancer charity.

Elena Baturina: Awards & Achievements

Baturina's exceptional contributions have been acknowledged through numerous awards and honors. In 2003, she received the prestigious State Prize of the Russian Federation for Science and Technology. Her philanthropic efforts have also been recognized, earning her the "Philanthropist of the Year" award from the Russian Union of Industrialists and Entrepreneurs in 2007.

Elena Baturina: Personal Life & Legacy

Baturina's personal life revolves around her family and her passion for equestrian sports. She served as the President of the Equestrian Federation of Russia from 1999 to 2005, demonstrating her dedication to the sport. Baturina owns the "Veedern" horse breeding estate, where she successfully breeds Hanoverian and Trakehner horses.

Despite her immense wealth and success, Baturina maintains a private lifestyle. She owns a house in Aurach, Austria, where she spends a considerable amount of time. However, her relationship with her brother, Viktor Baturin, has been strained since a public conflict in 2007, resulting in no contact between them.

Elena Baturina: Trivia

Baturina's diverse interests and accomplishments extend beyond her business ventures. She owns over 72,000 hectares of agricultural land in the Belgorod Oblast and operates a factory that produces a million cans of sweetened condensed milk annually. Her collection of Russian Imperial porcelain is one of the largest private collections in the world.

Baturina's philanthropic endeavors include a notable donation of 40 pieces of art to the "Tsaritsyno" museum in Moscow in 2011.

She successfully won a lawsuit against "The Sunday Times" for falsely attributing the acquisition of Witanhurst estate in London to her.

Wealth History

Timeline

March 8, 1963

Yelena Nikolayevna Baturina is born in Moscow, Russia.

1991

Yelena Baturina founds Inteco, an investment and construction company.

1992

Yelena Baturina's husband, Yury Luzhkov, becomes mayor of Moscow.

1999

Yelena Baturina becomes President of the Equestrian Federation of Russia.

2003

Yelena Baturina receives the State Prize of the Russian Federation for Science and Technology.

2007

Yelena Baturina has a public conflict with her brother, Viktor Baturin, and they lose contact.

2008

Yelena Baturina's net worth reaches a peak of US$4.2 billion.

2010

Yelena Baturina's husband, Yury Luzhkov, is removed from office as mayor of Moscow.

2011

Yelena Baturina sells Inteco to Mikail Shishkhanov and Sberbank Investments.

2011

Yelena Baturina donates 40 pieces of art to the "Tsaritsyno" museum in Moscow.

2012

Yelena Baturina establishes the BE OPEN Foundation, which aims to promote sustainability, design-thinking, and creativity.

2019

Yelena Baturina's husband, Yury Luzhkov, passes away.

2020

Yelena Baturina is overtaken by Tatyana Bakalchuk as the richest woman in Russia.

2021

Yelena Baturina's net worth is estimated at £1.133 billion according to the Sunday Times Rich List.

Elena Baturina : FAQs

What is Elena Baturina's current net worth?

Elena Baturina's current net worth is $1.32 billion.

What is Elena Baturina's current global rank among billionaires?

Elena Baturina holds the 2810th position globally among billionaires.

What is Elena Baturina's current ranking within the Russia?

Elena Baturina holds the 116th position in Russia.

What was the change in Elena Baturina's net worth compared to the previous year?

Elena Baturina's net worth increased by 4 million dollars compared to the previous year 2025, when her net worth was 1.31 billion dollars.

What are Elena Baturina's main sources of wealth?

Elena Baturina's main source of income comes from Investments, Real Estate.

In which industry does Elena Baturina primarily operate?

Elena Baturina is primarily involved in the Construction & Engineering industry.

What is Elena Baturina educational background?

Elena Baturina holds a Bachelor of Arts/Science from State University of Management.

How old is Elena Baturina?

Elena Baturina is 63 years old.

How many children does Elena Baturina have?

Elena Baturina has 2 children.

Who is Yelena Nikolayevna Baturina and what is she known for?

Yelena Nikolayevna Baturina is a Russian billionaire businesswoman and philanthropist known for founding Inteco, an investment and construction company, and being the richest woman in Russia till 2020.

What notable business ventures has Yelena Baturina been involved in outside of Russia?

Yelena Baturina has developed a hotel chain in Europe, invested in commercial buildings in Brooklyn, New York, launched a construction project in Limassol, Cyprus, and became a strategic investor in Hightex GmbH, a German global membrane construction company.

How has Yelena Baturina contributed to philanthropy?

Yelena Baturina has been involved in philanthropy since the 1990s, established the BE OPEN Foundation in 2012 to promote sustainability, design-thinking, and creativity, and supports various educational and cultural institutions.

What is Yelena Baturina's personal connection to Yury Luzhkov?

Yelena Baturina was married to Yury Luzhkov, the mayor of Moscow from 1992 to 2010, until his death in 2019, and together they have two daughters.

What are some significant achievements and assets owned by Yelena Baturina?

Yelena Baturina owns hotels in multiple countries, over 72,000 hectares of agricultural land, a sweetened condensed milk factory, a private jet, a large Russian Imperial porcelain collection, and a horse breeding estate, and has won numerous awards, including the State Prize of the Russian Federation for Science and Technology.