Farkhad Akhmedov

$1.69 B

Ranked #2357 in World

About Farkhad Akhmedov

Farkhad Akhmedov, a former Russian tycoon born in Azerbaijan and ex-politician, has had a prolific career from oil and gas to politics. An alumnus of the Moscow Veterinary Academy, Akhmedov founded Tansley Trading and later held a pivotal role in Northgas, culminating in a $1.375 billion deal with Novatek. Politics saw him serve in Russia's Federation Council and as a member of PACE. Known for his wealth, including a $300 million superyacht and luxury art, Akhmedov faced a contentious divorce, with a London court ordering a £453 million settlement in 2016—a decision he disputed, leading to international legal challenges. Recently, leaked conversations revealed his opposition to Putin's actions in Ukraine, reflecting dissent within Russian ranks.

Born

September 15, 1955 in Baku, Azerbaijan SSR, Soviet Union

Age

70 years

Source Of Wealth

Investments

Industries

Energy

Citizenship

Russia

Residence

Moscow

Farkhad Akhmedov was born on September 15, 1955, in Baku, Azerbaijan SSR. He was raised in Goychay, Azerbaijan, and moved to Moscow at the age of 15. There, he attended Vocational Technical School No. 85 and later served in the Navy from 1975 to 1977. Akhmedov went on to graduate from the Moscow Veterinary Academy in 1983.

Farkhad Akhmedov: Family

Akhmedov has been married three times and has six children. His current wife, Anna Akhmedova, was born in 1983. Akhmedov's children have dual citizenship and were born in the US and UK. He is known to be the main sponsor of the Azerbaijan Goychay Pomegranate Festival.

Farkhad Akhmedov: Career Highlights

Akhmedov's career highlights include his involvement in the sale of furs in international markets in London, as well as founding and heading Tansley Trading company, which specialized in oil and gas industry equipment supply. He acquired a minority stake in Northgas from Bechtel in 1995 and led the company to long-term profitability as the head of its Board of Directors. In 2012, Akhmedov sold his 49% stake in Northgas to Novatek for $1.375 billion.

Akhmedov was also involved in international negotiations on Caspian Sea oil and gas field development and served as Chairman of the Board of Directors and shareholder of AZNAR, a natural juice and agriculture company in Azerbaijan.

Farkhad Akhmedov: Companies

Akhmedov has been associated with several companies throughout his career, including Tansley Trading, Northgas CJSC, and AZNAR. He founded Tansley Trading, which specialized in oil and gas industry equipment supply, and served as the head of its Board of Directors at Northgas CJSC. Akhmedov also held the position of Chairman of the Board of Directors and shareholder at AZNAR.

Farkhad Akhmedov: Major Achievements

Akhmedov's major achievements include leading Northgas CJSC to long-term profitability and selling his 49% stake in the company for $1.375 billion. He was also involved in international negotiations on Caspian Sea oil and gas field development and served as a representative of the Krasnodar Territory in the Federation Council of the Russian Federation from 2004 to 2007.

Farkhad Akhmedov: Awards & Achievements

Akhmedov has received various awards and recognition for his contributions.

He was awarded the Order of Friendship by the President of Russia in 2005 and the Order of Honor by the President of Azerbaijan in 2007. Akhmedov was also named an Honorary Citizen of Goychay, Azerbaijan, in 2008.

Farkhad Akhmedov: Personal Life & Legacy

Akhmedov has been married three times and has six children. He is known for his philanthropic efforts, particularly as the main sponsor of the Azerbaijan Goychay Pomegranate Festival. Akhmedov's wealth and business success have made him a notable figure in Russia and beyond.

Farkhad Akhmedov: Trivia

Akhmedov owns the $300 million superyacht Luna, previously owned by Roman Abramovich. He also acquired Mark Rothko's painting "Untitled Yellow and Blue" for $46.5 million. Akhmedov's divorce proceedings with his ex-wife, Tatyana Akhmedova, gained significant attention due to the substantial divorce settlement and the involvement of Burford Capital, a US-UK litigation funding company.

A leaked audio recording of a conversation between Akhmedov and Producer Iosif Prigozhin caused public sensation due to their criticism of the Russian leadership. The conversation exposed deep resentment among the country's elite towards the Kremlin.

Wealth History

Timeline

September 15, 1955

Farkhad Akhmedov is born in Baku, Azerbaijan SSR.

1975-1977

Serves in the Navy.

1983

Graduates from the Moscow Veterinary Academy.

1995

Acquires a minority stake in Northgas from Bechtel.

2004-2007

Serves as a representative of the Krasnodar Territory in the Federation Council of the Russian Federation.

2007-2009

Represents the Assembly of Deputies of the Nenets Autonomous Area in the Federation Council.

2007-2010

Member of the Russian delegation to the Parliamentary Assembly of the Council of Europe (PACE).

2012

Sells his 49% stake in Northgas to Novatek for $1.375 billion.

2016

London High Court awards Tatyana Akhmedova £453 million in a divorce settlement.

2018

Included in the US Treasury's "Kremlin report".

2019

Yacht Luna is released from the court order.

2021

Burford Capital receives a $103 million payout from Tatyana Akhmedova after the divorce battle.

Farkhad Akhmedov : FAQs

What is Farkhad Akhmedov's current net worth?

Farkhad Akhmedov's current net worth is $1.69 billion.

What is Farkhad Akhmedov's current global rank among billionaires?

Farkhad Akhmedov holds the 2357th position globally among billionaires.

What is Farkhad Akhmedov's current ranking within the Russia?

Farkhad Akhmedov holds the 83rd position in Russia.

What was the change in Farkhad Akhmedov's net worth compared to the previous year?

Farkhad Akhmedov's net worth increased by 119.1 million dollars compared to the previous year 2025, when his net worth was 1.57 billion dollars.

What are Farkhad Akhmedov's main sources of wealth?

Farkhad Akhmedov's main source of income comes from Investments.

In which industry does Farkhad Akhmedov primarily operate?

Farkhad Akhmedov is primarily involved in the Energy industry.

How old is Farkhad Akhmedov?

Farkhad Akhmedov is 70 years old.

How many children does Farkhad Akhmedov have?

Farkhad Akhmedov has 3 children.

Who is Farkhad Akhmedov and what is his background?

Farkhad Akhmedov, born on September 15, 1955, in Baku, Azerbaijan SSR, is a former businessman and politician in Russia who served as a representative in the Federation Council of the Russian Federation.

How did Farkhad Akhmedov begin his business career?

Farkhad Akhmedov began his business career by engaging in the sale of furs in international markets in London before founding Tansley Trading, a company specializing in oil and gas industry equipment supply. He later acquired a stake in Northgas and significantly increased its profitability.

What are some notable aspects of Farkhad Akhmedov's political career?

Farkhad Akhmedov's political career includes representing the Krasnodar Territory and the Nenets Autonomous Area in the Federation Council of the Russian Federation, as well as being a member of the Russian delegation to PACE and involved in US Treasury's 'Kremlin report' in 2018.

What is known about Farkhad Akhmedov's personal wealth and assets?

Farkhad Akhmedov is consistently ranked among the top 200 richest people in Russia by Forbes, with an estimated private fortune of $1.4 billion in 2019. He owns the $300 million superyacht Luna and acquired Mark Rothko's painting 'Untitled Yellow and Blue' for $46.5 million.

What was the outcome of Farkhad Akhmedov's divorce proceedings?

During Farkhad Akhmedov's divorce proceedings, the London High Court awarded his ex-wife Tatyana £453 million in 2016, which he refused to pay, triggering an international asset freeze. The yacht Luna was caught up in the legal battle but was eventually released from the court order in 2019.