Timchenko, 63, is co-founder of energy trading giant Gunvor Group. Timchenko sold his 43% stake to business partner Torbjorn Tornqvist in March 2014, a day before he was hit with U.S. sanctions

In second spot is Gennady Timchenko, co-founder of Gunvor, with a net worth of US$9.1 billion. Coming in third is Torbjorn Tornqvist with an estimated net worth of US$8.7 billion. Rank Name Est. Net Worth (US$ billion) 1 Klaus-Michael Kuhne 10.0 2 Gennady Timchenko 9.1 3 Torbjorn Tornqvist 8.7 4 Ivan Glasenberg 6.5 5 Beny Steinmetz 5.8 6 Johann Rupert 5

"We had prepared this ownership change as a contingency in the unlikely event that Mr Timchenko would become involved in sanctions; however, the timing and the actions by the US this week were a complete surprise,” Gunvor said. May 23 (Interfax) - Swedish businessman Torbjorn Tornqvist, who became the majority shareholder of Gunvor after sanctions were imposed against Russian billionaire Gennady Timchenko, has not offered to sell his former partner at the oil trader a stake in Ust-Luga Oil, the owner of 2015-12-10 · Torbjorn Tornqvist Net Worth: Torbjorn Tornqvist is a Swedish businessman who has a net worth of $2.6 billion. Torbjorn Tornqvist made his wealth as co-founder of Gunvor Group, one of the largest The co-founder of Gunvor, Torbjorn Tornqvist, is diluting his stake in the company to allow employees to own more than a third of the fast-growing trading house by year-end to help to retain and Torbjorn Tornqvist, the billionaire co-founder and chief executive officer of Gunvor Group Ltd., is reducing his controlling stake in the oil trader as employees acquire a larger holding. The Swedish national, who has sole voting rights, will cut his 78 percent stake to 70 percent as a group of more than 200 employees increase their holding from 22 percent, Gunvor said in an e-mailed statement Issuu is a digital publishing platform that makes it simple to publish magazines, catalogs, newspapers, books, and more online. Easily share your publications and get them in front of Issuu’s View Torbjörn Törnqvist's profile on LinkedIn, the world's largest professional community. Torbjörn has 2 See the complete profile on LinkedIn and discover Torbjörn's connections and jobs at similar companies. Gennady The company, which was founded in 2000, is the fourth largest crude oil trader in the world after Glencore, Vitol, and Trafigura.

Phnom Penh HR September 30, 2018 Unique World's Billionaires. Share SHARE . Torbjorn Tornqvist. ACTUAL TIME TOTAL ASSETS– since Gennady Timchenko and Torbjorn Tornqvist noted that Gunvor will continue to expand via acquisitions, around half of which will be in Russia. Despite recessionary times in Europe and abroad, Gennady Timchenko’s Gunvor bears witness to the fact that the demand for coal is increasing over the demand for oil, and the traders predict more of the same over the next two decades, particularly in Far 2014-03-28 · A move by Torbjorn Tornqvist to sell shares Tornqvist bought out Gennady Timchenko a day before the Russian was hit by U.S Timchenko’s 44 percent interest could be worth about $1.5 Timchenko agreed to sell his entire stake in Gunvor to company co-founder Torbjorn Tornqvist a day before the U.S. sanctioned Timchenko in March, 2014 due to his close ties to Putin. “Timchenko’s activities in the energy sector have been directly linked to Putin,” the U.S. Treasury Department said at the time.

In the spring of 2014, the day before the imposition of US sanctions, Timchenko sold his main asset at that time – a controlling stake in the major oil trader Gunvor. The buyer was the founder of the company, Torbjorn Tornqvist. Currently, Timchenko’s assets include large stakes in Novatek and Sibur.

Multimiljardären Torbjörn Törnqvist är bla. nära vän och affärspartner med Gennady Timchenko som i sin tur är nära vän med Vladimir Putin. Gennady Timchenko fram till 2014 var en av huvudägarna i Gunvor med en 43,5% Gunvor har en tredje aktieägare - Torbjorn Tornqvist sa först till Reuters i Inlägg om Torbjörn Törnqvist skrivna av komigenuva.

Torbjörn Törnqvist has spent more than 30 years in the oil and gas industry, and co-founded Gunvor Group in 2000. He began his career at British Petroleum, where he worked from 1977 to 1983, and then became Head of Oil Trading at

Torbjorn Tornqvist is the Swedish co-founder of Gunvor Group, one of the largest commodities conglomerates in the world. The massive oil trader benefits from an increasingly diverse presence with In second spot is Gennady Timchenko, co-founder of Gunvor, with a net worth of US$9.1 billion. Coming in third is Torbjorn Tornqvist with an estimated net worth of US$8.7 billion. Rank Name Est. Net Worth (US$ billion) 1 Klaus-Michael Kuhne 10.0 2 Gennady Timchenko 9.1 3 Torbjorn Tornqvist 8.7 4 Ivan Glasenberg 6.5 5 Beny Steinmetz 5.8 6 Johann Rupert 5 Tornqvist got his start at British Petroleum in 1977 and founded Gunvor with Russian billionaire, Gennady Timchenko, in 2000. In 2014, one day before the US Treasury imposed sanctions against Timchenko over Russia’s annextion of Crimea, Tornqvist bought out Timchenko. Törnqvist now owns 64% of Gunvor, with the rest now held by company employees. Torbjorn Tornqvist – Billionaire.

Between 2005 and 2007, the 4 May 2017 Swedish Radios News (Ekot) interviewed the majority shareholder in Gunvor, Torbjörn Törnqvist, in 2008. This was at the This has concerned the former part -owner of Gunvor, the Russian Gennady Timchenko. The most .. 20 Mar 2014 Russian businessman Gennady Timchenko attends the men's qualification ice hockey game between Russia announced a “contingency plan” enacted the day before sold his entire stake to his partner, Torbjorn Törnqvist. 7 Jan 2015 The Akfel Group also has an agreement with a Swiss trading house Gunvor, which was co-founded by Russian billionaire Gennady Timchenko and Swedish investor Mr. Torbjörn Törnqvist, and has 9 Feb 2018 Born 9 November 1952 (age 63) (1952-11-09) Leninakan, Armenian SSR, Soviet Union Children Xenia Frank, Sergey Timchenko Similar People Boris Romanovitch Rotenberg, Igor Sechin, Torbjorn Tornqvist. Net worth 11.6 24 Mar 2014 CEO of Gunvor Group, Torbjorn Tornqvist speaks during the Oil & Money conference in London Thomson States slapping sanctions on his long-time partner, Gennady Timchenko, one of the most loyal businessmen to Putin. 27 Apr 2014 His name, Gennady N. Timchenko, meant little to most Americans, but buried in the Treasury Department Mr. Timchenko denied the assertions and sold his 43 percent share in Gunvor to his partner, Torbjorn Tornqvist, the& 28 Mar 2014 A move by Torbjorn Tornqvist to sell shares in Gunvor Group – linked by the U.S. government to Russian President Tornqvist bought out Gennady Timchenko a day before the Russian was hit by U.S. sanctions that alleged&nb 21.
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Nu visar det sig att Timchenko förstod att han skulle drabbas när USA började prata om sanktioner för personer närstående till Putin. Vi skrev igår om att Gennady Timchenko på råvaruhandelsfirman Gunvor Group har blivit uppsatt på USAs sanktionslista för sina nära relationer med Vladimir Putin. Nu visar det sig att Timchenko förstod att han skulle drabbas när USA började prata om sanktioner för personer närstående till Putin. Mr Tornqvist will now have an 87 per cent stake in the group.

3 Nov 2014 Group Ltd (Gunvor) has said it plans to sell Russian assets following the imposition of U.S. sanctions on the company's co-founder Gennady Timchenko, Bloomberg reports. Timchenko was a 44 percent shareholder in the 이 회사는 Gennady Timchenko 함께 Torbjörn Törnqvist (그의 어머니 이름을 따서); 그러나 때문에 미국 제재, Timchenko는 2014 년 3 월에 회사 지분을 Törnqvist에 매각했습니다. Gunvor의 가장 큰 원유 공급 업체는 한때 러시아 였지만 현재는 21 May 2014 Gennady Timchenko (above) was named as the head of the Russian-Chinese Business Council a few weeks ago and Mr. Timchnenko sold all his holdings in Gunvor to his partner, Swedish businessman Torbjorn Tornqvist. Torbjörn Törnqvist's House (Google Maps).
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Torbjörn Törnqvist (born 1953) is a Swedish billionaire, and the CEO and co-founder of Gunvor, "one of the largest commodities conglomerates in the world", with the Russian billionaire, Gennady Timchenko.

Gunvor Group’s co-founders Gennady Timchenko and Torbjorn Tornqvist are seeing their hard work pay off—literally. Recently Bloomberg reported on October 10, 2011 that Gunvor estimated its revenue will increase from $65 billion to $80 billion this year—a 23 percent improvement on last year’s already stunning 2014-03-21 · Swiss commodity giant Gunvor was doing business with oil firms and U.S. banks on Friday after shock sanctions on Russian co-founder Gennady Timchenko rattled counterparties and threatened to Three years later he founded Gunvor with Russian billionaire, Gennady Timchenko. In 2014, one day before the US Treasury imposed sanctions against Timchenko over Russia's annextion of Crimea, Tornqvist bought out the Russian oligarch. Tornqvist now owns 60% of Gunvor, and the rest is owned by company employees.