Another billionaire woman has entered the Forbes list in Russia with a fortune of one billion dollars. Lyudmila Kogan is from St. Petersburg and is the main shareholder of Uralsib Bank, having inherited shares from her husband, Vladimir Kogan, who died in 2019, the publication writes on August 30, the Fontanka.Ru publication reports today, August 30.
According to Forbes, the basis of his fortune is a majority stake in Uralsib Bank, one of the twenty largest banks in Russia. Its market value is estimated at more than 50 billion rubles.
Lyudmila Kogan also owns a large leasing company, Interleasing, and has stakes in companies that are part of the BFA-Development construction group, which builds residential buildings and owns several business centers in St. Petersburg.
Lyudmila Kogan is the widow of the famous St. Petersburg businessman Vladimir Kogan. In the 1990s, Vladimir Kogan became a co-owner of the St. Petersburg Industrial Construction Bank (PSB), which by the early 2000s had achieved the status of the largest bank in St. Petersburg. In 2005, Kogan became the General Director of the Directorate of the Complex of Flood Protection Structures in St. Petersburg, resuming the construction of dams and other hydraulic structures to protect the city from flooding. Kogan continued to oversee construction and held various positions in the Federal Agency for Construction, Housing and Communal Services and the Ministry of Regional Development. In 2013, after the completion of the complex, he returned to business. In 2015, the Central Bank chose Vladimir Kogan as a new investor for the financial recovery of the troubled Uralsib Bank. In 2019, the businessman passed away after suffering a stroke.