Englander vs Mikhelson

Millennium Management and NOVATEK.

The differences

Forbes puts Leonid Mikhelson about $0.7B ahead of Israel Englander.Forbes figures from 9 Oct 2026 and 9 Oct 2026.
Both started the company their money comes from.
Israel Englander is about 7 years older than Leonid Mikhelson.
Israel Englander is from United States; Leonid Mikhelson is from Russia.

Put someone else on either side

Englander

Mikhelson

Net worth, Forbes: $27.6BForbes, 9 Oct 2026; $28.3BForbes, 9 Oct 2026
Net worth, Bloomberg: $33.8BBloomberg, 16 Oct 2026; $23.2BBloomberg, 17 Oct 2026
Forbes rank: No. 86Real-Time list, 9 Oct 2026; No. 81Real-Time list, 9 Oct 2026
Billionaire since: Not stated; Not stated

How it started: Founded itFounded Millennium in 1989 with $35 million, after working as a floor broker, trader and specialist on the American Stock Exchange; Founded itForbes calls him Novatek's founder (it began in 1994 as Novafininvest); he bought control of SIBUR from Gazprombank in 2010-2011. Forbes' 2006 list called his fortune 'inherited and growing', noting his father ran the USSR's largest pipeline-construction trust
Main source: Millennium Management and his capital in its hedge fundsBloomberg: hedge-fund assets $16.6 billion, Millennium Management $13 billion, cash $4.18 billion; Novatek and SIBUR stockBloomberg: 'The majority of Leonid Mikhelson's fortune is derived from a 25% stake in Novatek'
Companies: Millennium ManagementMillennium Management: Founder, chairman and CEO; NOVATEK, SIBURNOVATEK: Chairman of the management board and board member; SIBUR: Chairman of the board of directors
Biggest stake: Millennium Management85% owned; SIBUR30.6% owned

Born: 1948Brooklyn, New York, United States; 11 Aug 1955Kaspiysk, Dagestan, Russia (then the Soviet Union)
Country: United StatesLives in New York, New York, United States; RussiaLives in Moscow, Russia
Education: Bachelor's degreeDegree in finance, New York University (1970); Not statedCivil construction engineering, Kuibyshev Institute of Civil Engineering (1977)
Parents: Son of Polish immigrants, raised in an Orthodox Jewish family in Brooklyn; His father Viktor Mikhelson headed the Kuibyshevtruboprovodstroy trust, which Forbes called the largest pipeline-construction trust in the USSR

Giving Pledge: Not a signer; Not a signer
Foundation: Not stated; V-A-C Foundation (Victoria - the Art of Being Contemporary)Founded by him in Moscow in 2009, named after his daughter
Lifetime giving: Not stated; Not stated

Role now: Runs the companyChairman and CEO of Millennium Management; Runs the companyChairman of NOVATEK's management board; chairman of SIBUR's board
Successor: Not stated; Not stated
Public office: None found; None found
Legal record: 2005: US SECSettled an SEC administrative proceeding over a mutual-fund market-timing scheme at Millennium without admitting or denying the findings; the order required a $30 million civil penalty, $1 in disgorgement and a three-year bar from roles at registered investment companies.; None found