Rustem Sulteev

$1.76 B

Ranked #2287 in World

About Rustem Sulteev

Rustem Sulteev, a prominent Russian businessman and billionaire with a net worth of $1.08 billion according to Forbes, stands as the co-owner of the TAIF Group, a key player in the oil, gas, and petrochemical sectors, ranking him the 95th richest businessman in Russia. Originating from Kazan, Russia, Sulteev's journey to wealth began with a bachelor's degree from the Kazan Institute of Civil Engineering in 1976, initially working as a construction foreman before climbing the ranks in the civil engineering field. His significant contributions include overseeing major construction projects and taking pivotal roles in various organizations before ascending to First Deputy General Director of TAIF Group in 1995. Additionally, Sulteev, who is married with two children and resides in Kazan, co-owns Kazan's Avers bank alongside Albert Shigaboutdinov and Radik Shaimiev. His son, Timur Sultyev, also plays a significant role within the TAIF Group, underscoring the family's influential presence in Russia's business landscape.

Born

January 04, 1954

Age

72 years

Source Of Wealth

Refinery, Chemicals

Industries

Energy

Citizenship

Russia

Residence

Kazan

Education

Master of Science in Engineering, Kazan Institute of Civil Engineering

Rustem Sulteev, a prominent Russian businessman and billionaire, was born in Kazan, Russia. He graduated from the Kazan Institute of Civil Engineering in 1976 with a bachelor's degree, setting the foundation for his successful career in the construction industry.

Rustem Sulteev: Family

Rustem Sulteev is a family man, married with two children. He resides in Kazan with his wife. His son, Timur Sultyev, has followed in his father's footsteps, serving as the deputy general director of commerce for Kazanorgsintez and a member of the TAIF board of directors.

Rustem Sulteev: Career Highlights

Rustem Sulteev's career trajectory is marked by significant achievements in the construction and petrochemical industries. He started as a construction foreman and transitioned into civil engineering in 1983. His major projects include the construction and maintenance of a factory for the Department of Bread and Baking Industry, serving as Deputy General Director for the construction of the second Bakery Plant in Kazan, and holding the position of Deputy Head of the Directorate for Centrogaz in 1985.

In 1992, Rustem Sulteev became the Deputy General Director of the Kazan Foreign Trade Research and Production Association, where he served until 1995. His leadership and expertise led to his appointment as the First Deputy General Director of TAIF Group in 1995, where he continues to play a pivotal role in the company's success.

Rustem Sulteev: Companies

Rustem Sulteev is the co-owner of TAIF Group, a Russian holding group with a focus on oil, gas, and petrochemicals. Additionally, he co-owns Kazan bank Avers with partners Albert Shigaboutdinov and Radik Shaimiev.

Rustem Sulteev: Major Achievements

Rustem Sulteev's contributions to the Russian business landscape have earned him recognition and accolades. He is credited with transforming TAIF Group into a leading player in the oil, gas, and petrochemical industries. His strategic vision and leadership have driven the company's growth and success, making him one of the most influential figures in the Russian business community.

Rustem Sulteev: Awards & Achievements

Rustem Sulteev's accomplishments have been widely recognized, and he has received numerous awards and honors.

His dedication to business excellence and his contributions to the Russian economy have earned him accolades such as the Order of Merit for the Republic of Tatarstan and the Order of Friendship from the Russian Federation.

Rustem Sulteev: Personal Life & Legacy

Rustem Sulteev is known for his commitment to family and his passion for philanthropy. He actively supports various charitable initiatives and cultural projects in Kazan and beyond. His legacy is one of entrepreneurial success, leadership, and a dedication to the betterment of his community.

Rustem Sulteev: Trivia

Rustem Sulteev's net worth is estimated at $1.08 billion, according to Forbes. He is ranked as the 95th richest businessman in Russia, a testament to his remarkable achievements and influence in the business world.

Wealth History

Timeline

1976

Graduated from Kazan Institute of Civil Engineering with a bachelor's degree.

1983

Transitioned into civil engineering.

1985

Appointed Deputy Head of the Directorate for Centrogaz.

1992

Became Deputy General Director of the Kazan Foreign Trade Research and Production Association.

1995

Appointed First Deputy General Director of TAIF Group.

Rustem Sulteev : FAQs

What is Rustem Sulteev's current net worth?

Rustem Sulteev's current net worth is $1.76 billion.

What is Rustem Sulteev's current global rank among billionaires?

Rustem Sulteev holds the 2287th position globally among billionaires.

What is Rustem Sulteev's current ranking within the Russia?

Rustem Sulteev holds the 77th position in Russia.

What was the change in Rustem Sulteev's net worth compared to the previous year?

Rustem Sulteev's net worth decreased by 287.2 million dollars compared to the previous year 2025, when his net worth was 2.04 billion dollars.

What are Rustem Sulteev's main sources of wealth?

Rustem Sulteev's main source of income comes from Refinery, Chemicals.

In which industry does Rustem Sulteev primarily operate?

Rustem Sulteev is primarily involved in the Energy industry.

What is Rustem Sulteev educational background?

Rustem Sulteev holds a Master of Science in Engineering from Kazan Institute of Civil Engineering.

How old is Rustem Sulteev?

Rustem Sulteev is 72 years old.

How many children does Rustem Sulteev have?

Rustem Sulteev has 2 children.

Who is Rustem Sulteev and what is he known for?

Rustem Sulteev is a Russian businessman and billionaire known for being a co-owner of the TAIF Group, which operates in the oil, gas, and petrochemical sectors. His net worth is estimated at $1.08 billion, making him the 95th richest businessman in Russia according to Forbes.

How did Rustem Sulteev start his career and what were some of his major projects?

Rustem Sulteev started his career as a construction foreman before transitioning into civil engineering in 1983. Some of his major projects include construction and maintenance work for the Department of Bread and Baking Industry, serving as Deputy General Director for the construction of the second Bakery Plant in Kazan, and holding positions at Centrogaz and the Kazan Foreign Trade Research and Production Association.

When was Rustem Sulteev appointed as the First Deputy General Director of TAIF Group?

Rustem Sulteev was appointed as the First Deputy General Director of TAIF Group in 1995.

Can you tell us about Rustem Sulteev's family and where they reside?

Rustem Sulteev is married with two children and lives in Kazan with his wife. His son, Timur Sultyev, is the deputy general director of commerce for Kazanorgsintez and a member of the TAIF board of directors.