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Mikhelson vs Kroenke

NOVATEK and Kroenke Sports & Entertainment.

The differences

  • Forbes puts Leonid Mikhelson about $0.7B ahead of Stan Kroenke.Forbes figures from 9 Oct 2026 and 9 Oct 2026.
  • Both started the company their money comes from.
  • Stan Kroenke is about 8 years older than Leonid Mikhelson.
  • Leonid Mikhelson is from Russia; Stan Kroenke is from United States.

Put someone else on either side

Side by side

MikhelsonKroenke

The money

Net worth, Forbes
$28.3BForbes, 9 Oct 2026
$27.6BForbes, 9 Oct 2026
Net worth, Bloomberg
$23.2BBloomberg, 17 Oct 2026
$29.1BBloomberg, date not stated
Forbes rank
No. 81Real-Time list, 9 Oct 2026
No. 85Real-Time list, 9 Oct 2026
Billionaire since
Not stated
2006Earliest Forbes list in the cited sources: No. 153 on the 2006 Forbes 400 with $2.1 billion; an earlier listing isn't ruled out

Where it came from

How it started
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
Founded itFounded The Kroenke Group (real estate) and Kroenke Sports & Entertainment in 1999; Forbes says he built his own fortune and tracks his wife Ann Walton Kroenke's separately
Main source
Novatek and SIBUR stockBloomberg: 'The majority of Leonid Mikhelson's fortune is derived from a 25% stake in Novatek'
Commercial real estate and sports teams and venuesForbes: some 60 million square feet of real estate, much of it shopping plazas near Walmart stores
Companies
NOVATEK, SIBURNOVATEK: Chairman of the management board and board member; SIBUR: Chairman of the board of directors
Kroenke Sports & Entertainment, Los Angeles Rams, ArsenalKroenke Sports & Entertainment: Founder, owner and chairman; Los Angeles Rams: Owner; Arsenal: Director
Biggest stake
SIBUR30.6% owned
Los Angeles Rams100% owned

The person

Born
11 Aug 1955Kaspiysk, Dagestan, Russia (then the Soviet Union)
29 Jul 1947
Country
RussiaLives in Moscow, Russia
United StatesLives in Electra, Texas, United States
Education
Not statedCivil construction engineering, Kuibyshev Institute of Civil Engineering (1977)
Graduate degreeMBA, University of Missouri (1973); bachelor's degree, University of Missouri
Parents
His father Viktor Mikhelson headed the Kuibyshevtruboprovodstroy trust, which Forbes called the largest pipeline-construction trust in the USSR
Father Alvin bought a lumberyard with a small loan and expanded it into a hardware store in Mora, Missouri; mother Evelyn was a former schoolteacher

What they give

Giving Pledge
Not a signer
Not a signer
Foundation
V-A-C Foundation (Victoria - the Art of Being Contemporary)Founded by him in Moscow in 2009, named after his daughter
Kroenke Family FoundationHe also created Kroenke Sports Charities through KSE
Lifetime giving
Not stated
Not stated

Role and record

Role now
Runs the companyChairman of NOVATEK's management board; chairman of SIBUR's board
Chair of the boardOwner and chairman of Kroenke Sports & Entertainment and chairman of The Kroenke Group
Successor
Not stated
Not stated
Public office
None found
None found
Legal record
None found
None found

Leonid Mikhelson against others

Leonid's profile

Stan Kroenke against others

Stan's profile