Shelkov Mikhail Evgenievich
Sanctioned entityBorn 30 May 1968 (58 years old),Russia. Named in 2 sanctions listings.
Summary
He is a Russian oligarch, ranked 52nd on Forbes' list of '155 Billionaires of Russia' (2026), with a fortune of 2.8 billion USD, the owner and deputy Chairman of the Board of Directors of VSMPO-AVISMA, the world's largest producer of titanium, which is strategically important for the defence industry. He is a beneficiary of Russia's invasion of Ukraine. After the start of the war, he bought the Samara plant for the production of aluminium semi-finished products at a discounted price from the company Arconic Corporation, which left Russia. Enterprises owned by Mikhail Shelkov supply the defence industry with materials for aviation, missile production, and shipbuilding. He helps finance Russia's aggressive war against Ukraine through his involvement in companies that generate significant revenue for the Russian government and operate in key sectors of the Russian economy. According to media reports, he has close ties to Sergey Chemezov, the head of the Rostec State Corporation (which consolidates major defence assets), and is close to Vladimir Putin.
Sanctions and listings2
- Listed
- 13 Jun 2025
Special Economic Measures Act - Russia
Global Affairs CanadaCanadian Consolidated Autonomous Sanctions List on the Russian invasion of UkraineCanada
Canada is imposing sanctions against 45 individuals identified by the Anti-Corruption Foundation who have engaged in activities that support or contribute to abuses in relation to Russia’s full-scale invasion of Ukraine. The list of sanctioned individuals includes current and former senior officials of the Government of Russia, members of President Putin’s family and inner circle or Russian elite, as well as oligarchs, including those linked to the military-industrial and defence sectors, and representatives of media, culture and sports industries, who have benefited from and support the Putin regime, including during the full-scale invasion of Ukraine.
Programme CA-SEMAinternational.gc.cainternational.gc.ca
- Listed
- 13 Jun 2025
Special Economic Measures Act - Russia
Global Affairs CanadaCanadian Consolidated Autonomous Sanctions ListCanada
1, Part 1
Programme CA-SEMAReference 1494international.gc.cainternational.gc.ca
Other names4
Also known as4
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