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Denis Shtengelov

Denis Shtengelov

D. Shtengelov
0% | + $0.00M
$1.43 B ₹ 12,976 Cr
Real Time Net Worth #2615 Ranking as of 21 Feb 2026 By Forbes

More on Denis Shtengelov

Gender

Male

Age

54Y

Country

Russia

Born On

January, 1972

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Snack Foods)

Primary Organization

KDV Group

Titles

Founder & Owner

Sources of Wealth

KDV Group

Industry

Food & Beverage, Manufacturing

About Denis Shtengelov


D enis Shtengelov is a Russian billionaire who is the founder and primary owner of KDV Group, one of Russia's largest manufacturers of snacks and confectionery. He has built a massive consumer goods empire by focusing on producing affordable treats and distributing them through a vast network across Russia and neighboring countries.

Shtengelov founded his business in the 1990s in the Siberian city of Tomsk, initially as a wholesale distributor of sunflower seeds. He later moved into manufacturing, building his own factories to produce a wide range of products, including crackers, cookies, and candy. KDV Group is also known for its Yashkino brand of wafers. He has built his company into a dominant force in the Russian snack food market. He now reportedly resides in Australia, from where he oversees his vast, privately held food enterprise.

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Quick Reads


  • Founder and owner of KDV Group, a major Russian snack and candy producer.
  • Started his business in the 1990s by selling sunflower seeds.
  • His company produces a wide range of affordable snacks and confectionery.
  • He has built one of Russia's largest consumer goods companies.
  • He reportedly now resides in Australia.

Early Life and Background


Denis Shtengelov is a Russian businessman, the self-made billionaire founder of KDV Group, one of Russia's largest food production and confectionery empires. His career began in the chaotic transition to a market economy in the 1990s, after graduating from Tomsk State University in Siberia.

His entrepreneurial journey began humbly: his first venture involved supplying sunflower seeds (semechki) to elderly women in his hometown of Tomsk, who roasted and sold the popular snack. He quickly recognized the potential for vertical integration, pressing seeds into oil and bartering the oil for candy from cash-strapped confectioners. This hands-on, resourceful approach to commodity trade and processing was the foundation for his massive food conglomerate.

Career Journey of Denis Shtengelov


Denis Shtengelov built KDV Group from the streets of his Siberian hometown into a global confectionery empire over three decades. In 1997, he bought his first confectionery factory in Yashkino. His strategic vision focused on vertical integration—controlling businesses across the supply chain, from milk farms to factories producing chocolates, choux pastry, and cookies.

KDV Group grew into Russia's fourth biggest producer of food and beverages, operating 14 factories and employing over 39,000 people. He aggressively diversified into retail, owning the Yarche! chain of 1,400 supermarkets. His commitment to controlling the entire supply chain ensured quality and efficiency. Shtengelov also owns and develops a massive sports venue, KDV Sport (a golf and tennis academy), on the Gold Coast in Australia, where he has lived for years. His immense fortune is tied to the stable, continuous demand for mass-market food and confectionery.

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Denis Shtengelov's Timeline


1990s:

Starts his business by supplying and pressing sunflower seeds in Tomsk (Entrepreneurial Start).

1997:

Buys his first confectionery factory in Yashkino (Industrial Acquisition).

2001:

Founds the holding company KDV Group (Founding).

2011:

Invests $20 million to set up KDV Sport on the Gold Coast, Australia (International Investment).

2018:

Involved as an investor in a deadly shopping mall fire in Kemerovo (Controversy).

Ongoing:

Continues as Owner of the KDV Group, operating 14 factories (Executive Leadership).

Major Business Ventures and Investments


Denis Shtengelov's wealth is concentrated in his founding and controlling ownership of the private food production giant, KDV Group, and its vast retail and real estate holdings.

  • KDV Group (Founder & Owner): The core private asset, one of Russia's largest snack and food producers, specializing in confectionery, crisps, and baby food.
  • Yarche! Supermarkets: His large-scale retail chain (1,400 supermarkets) provides vertical integration into the domestic distribution market.
  • Global Acquisitions: The company acquired the U.S. candy maker Liberty Orchards Co. (makers of Aplets & Cotlets) in 2021.
  • KDV Sport: A golf and tennis academy he founded on the Gold Coast, Australia, reflecting his personal investment in sports and real estate.

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Philanthropy and Social Impact


Denis Shtengelov's social impact is structural, stemming from KDV Group's role as a massive industrial employer and provider of essential, affordable food and snack products. The company provides thousands of stable manufacturing jobs across Russia.

However, his career is also marked by controversy: he was an investor in a shopping mall that suffered a deadly fire in 2018 that killed 60 people, including 37 children. He reportedly paid 3 million rubles to relatives of each victim. His structural contribution is to the modernization of Russia's food processing and supply chain.

Fashion, Style, and Lifestyle


Denis Shtengelov maintains the pragmatic, composed style of a Russian industrialist. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects the stability and institutional credibility of his large food conglomerate, often contrasting with the simple lifestyle of his Siberian roots.

Residing between Russia and Australia (Gold Coast), his luxury is the immense security and financial reward derived from his dominance in the food sector. His life is dedicated to industrial scale, efficiency, and his personal passion for sports and real estate.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He started his business by supplying sunflower seeds (semechki) in his Siberian hometown.
  • His company, KDV Group, is Russia's fourth biggest producer of food and beverages.
  • He owns the retail chain Yarche! (1,400 supermarkets).
  • He invested $20 million to build the KDV Sport golf and tennis academy in Australia.
  • He was an investor in a deadly shopping mall fire in 2018, leading to public scrutiny.
  • KDV acquired the U.S. candy maker Liberty Orchards Co.
  • He is known for controlling the entire supply chain from milk farms to confectionery factories.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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