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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