Arkady Rotenberg Arkady Rotenberg Arkady Romanovich Rotenberg (, born December 15, 1951 in Leningrad) is a Russian businessman and tycoon. With his brother Boris Rotenberg, he is co-owner of the Stroygazmontazh (SGM) group, the largest construction company for gas pipelines and electrical power supply lines in Russia. He was listed by "Forbes" in 621st place among the world's wealthiest persons in 2014. He is considered a close confidant of president Vladimir Putin. As of November 2017, "Forbes" estimates his fortune at $2.5 billion. He is subject to personal sanctions by the United States government related to the events during the Ukrainian crisis.
Arkady Rotenberg half of them in the Moscow area. SMP oversees the operation of more than 900 ATM-machines. SMP bank also became a leading large-diameter gas pipe supplier. Gazprom often appears to have paid Rotenberg inflated prices. In 2007, Gazprom rejected an earlier plan to build a 350-mile pipeline and instead paid Rotenberg $45 billion, 300% of ordinary costs, to build a 1,500 mile pipeline to the Arctic Circle. In 2008, Rotenberg formed Stroygazmontazh (SGM) with five companies he had purchased from Gazprom for $348 million. The next year the company earned over $2 billion in revenue. Rotenberg then bought Northern Europe