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
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
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Stan's profile
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