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Evgeny (Eugene) Shvidler

Evgeny (Eugene) Shvidler

E. Shvidler
0.02% | + $0.29M
$1.54 B ₹ 14,012 Cr
Real Time Net Worth #2483 Ranking as of 21 Feb 2026 By Forbes

More on Evgeny (Eugene) Shvidler

Gender

Male

Age

61Y

Country

United States

Born On

March, 1964

Deceased

No

Relationship Status

Married

Children

5

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Oil, Investments)

Primary Organization

Millhouse LLC

Titles

Chairman

Sources of Wealth

Sibneft Sale, Millhouse LLC

Industry

Investments, Oil & Gas

About Evgeny (Eugene) Shvidler


E vgeny "Eugene" Shvidler is a billionaire businessman who is the longtime friend and primary business partner of the famous Russian oligarch, Roman Abramovich. An oil engineer and mathematician by training, Shvidler teamed up with Abramovich in the early 1990s. He became a key executive in Abramovich's oil trading company, Runicom, and later played a central role in the creation of the massive oil giant, Sibneft.

When Abramovich and his partners sold Sibneft to the state-owned Gazprom in 2005 for over $13 billion, Shvidler received a significant share of the proceeds. He has since been the chairman of Millhouse LLC, Abramovich's primary investment and asset management company, helping to manage his vast fortune. He also has his own significant investments, including a large portfolio of vineyards. A U.S. citizen, Shvidler was sanctioned by the United Kingdom in 2022 due to his close business ties to Abramovich following the Russian invasion of Ukraine.

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Quick Reads


  • The best friend and longtime business partner of Russian oligarch Roman Abramovich.
  • Chairman of Millhouse LLC, Abramovich's primary investment vehicle.
  • Made his fortune from his stake in the oil company Sibneft, which was sold in 2005.
  • He is a U.S. citizen.
  • Was sanctioned by the UK in 2022 for his close association with Abramovich.

Early Life and Background


Evgeny 'Eugene' Markovich Shvidler is a Soviet-born billionaire businessman, investor, and winemaker. His immense wealth stems from his close, lucrative partnership with Roman Abramovich in the post-Soviet Russian oil industry. Born in Ufa, Russia, in 1964, to a Jewish family (his father was a geologist), Shvidler emigrated to the U.S. in 1989.

Shvidler received a strong financial education, earning an MBA from Fordham University in 1992 after first studying mathematics. He also became a U.S. citizen in 1994 and later obtained U.K. citizenship in 2004. His career is defined by his mastery of arbitrage and corporate finance, applied to the chaotic privatization of Russia's vast oil assets.

Career Journey of Evgeny (Eugene) Shvidler


Evgeny Shvidler's career is inseparable from his partner, Roman Abramovich. In the mid-1990s, they partnered to acquire and consolidate control of the oil giant Sibneft for approximately $250 million. Shvidler played a key executive role, serving as President of Sibneft from 1998 to 2005. Under their leadership, Sibneft grew into Russia's fastest-growing and most profitable oil company (in terms of earnings per barrel).

When Abramovich purchased Chelsea FC in 2003, Shvidler moved to the U.K. and briefly became a director at the club. Shvidler's wealth was secured by the subsequent $13 billion sale of Sibneft to Gazprom in 2005. He has since diversified his assets into private equity, steel (Evraz), French vineyards (winemaking), and art, while maintaining a prominent position in London society. Following the Russo-Ukrainian War, Shvidler was sanctioned by the U.K. in 2022, leading to legal appeals and financial challenges.

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Evgeny (Eugene) Shvidler's Timeline


1992:

Earns an MBA from Fordham University (Academic Achievement).

1995:

Partners with Roman Abramovich to gain control of Sibneft (Founding).

1998–2005:

Serves as President of Sibneft (Executive Leadership).

2003:

Moves to the U.K. and obtains British citizenship (Personal Milestone).

2005:

Sibneft is sold to Gazprom (Major Exit).

2022 (March):

Sanctioned by the U.K. due to the Russo-Ukrainian War (Controversy).

Major Business Ventures and Investments


Evgeny Shvidler's wealth is concentrated in the immense liquid capital generated from the Sibneft sale and his private global investment portfolio (Millhouse LLC).

  • Sibneft (Former President & Partner): The core wealth generator, an oil giant controlled by Shvidler and Roman Abramovich, sold to Gazprom in 2005 for $13 billion.
  • Chelsea F.C. (Former Director): His involvement in the management of the English Premier League club.
  • Investment Portfolio: His assets span steel (Evraz), French vineyards, real estate, and finance, managed through his private investment vehicle.
  • Sanctions Status: He was sanctioned by the U.K. in 2022 due to his connection with Abramovich.

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Philanthropy and Social Impact


Evgeny Shvidler's social impact is structural, stemming from his role in modernizing and expanding the Russian oil industry in the post-Soviet era. His company provided thousands of jobs and contributed significantly to Russia's economic transformation.

His personal philanthropy supports various educational, cultural, and community initiatives in the U.K. and internationally. His structural contribution is tied to the Millhouse LLC investment group, managing capital for diversified global assets.

Fashion, Style, and Lifestyle


Evgeny Shvidler maintains the polished, discreet style of an international financier. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic is one of stability and quiet, established power, reflecting his immense financial success and multiple citizenships.

Residing in London, his luxury is the immense security and autonomy derived from his multi-billion dollar fortune. His life is dedicated to private investment, winemaking, and his long-standing partnership with Roman Abramovich, despite the major sanctions he faces.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the long-time business partner of Roman Abramovich.
  • His fortune stems from the sale of Sibneft to Gazprom for $13 billion.
  • He holds British and American citizenship.
  • He was sanctioned by the U.K. in 2022.
  • He is a winemaker and owns French vineyards.
  • He briefly served as a director of Chelsea FC.
  • He holds an MBA from Fordham University.

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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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