{{Short description|Russian oligarch (born 1951)}} {{family name hatnote|Valentinovich|Kovalchuk|lang=Eastern Slavic}} {{For|the Ukrainian soldier|Yurii Kovalchuk}} {{Use dmy dates|date=August 2020}} {{Infobox person | image = | image_size = | name = Yury Kovalchuk | caption = | native_name = {{nobold|Юрий Ковальчук}} | native_name_lang = ru | birth_name = Yury Valentinovich Kovalchuk | birth_date = {{birth date and age|1951|07|25|df=yes}} | birth_place = [[Leningrad]], [[Russian Soviet Federative Socialist Republic|Russian SFSR]], [[Soviet Union]] (now Saint Petersburg, Russia) | death_date = | death_place = | death_cause = | resting_place = | education = | alma_mater = | occupation = Chairman and largest shareholder, [[Rossiya Bank]] | known_for = "Putin's personal banker" | spouse = | parents = | children = | relatives = [[Mikhail Kovalchuk]] (brother) | website = | awards = {{plainlist | * [[File:Orden of Friendship.png|25px]] [[Order of Friendship]] }} }} '''Yury Valentinovich Kovalchuk''' ({{langx|ru|Ю́рий Валенти́нович Ковальчу́к}}; born 25 July 1951) is a Russian [[billionaire]] businessman and financier who is "reputed to be [[Vladimir Putin]]'s personal banker".<ref>{{cite web|url=http://rfe.rferl.org/newsline/2008/03/1-RUS/rus-070308.asp|title=Russians make leap forward on global billionaires' list|publisher=[[Radio Liberty]]|date=7 March 2008|access-date=10 May 2008}}{{dead link|date=April 2026|bot=medic}}{{cbignore|bot=medic}}</ref> The [[Panama Papers]] leak revealed that Kovalchuk had transferred at least $1 billion to an offshore entity.<ref>{{Cite web |date=2016-04-03 |title=Revealed: the $2bn offshore trail that leads to Vladimir Putin |url=http://www.theguardian.com/news/2016/apr/03/panama-papers-money-hidden-offshore |access-date=2022-02-27 |website=the Guardian |language=en}}</ref>

Kovalchuk is a close friend of Putin: he hosted the wedding of Putin's daughter [[Katerina Tikhonova]] to [[Kirill Shamalov]] at his ski resort, [[Igora]], in 2013.<ref>{{Cite web|url=https://www.reuters.com/investigates/special-report/russia-capitalism-shamalov/|title=The man who married Putin's daughter and then made a fortune|website=Reuters|date=17 December 2015 |language=en|access-date=22 November 2018}}</ref>

In 2022 journalist [[Mikhail Zygar]] said Kovalchuk could probably be called Number 2 in Russia.<ref>https://transcripts.cnn.com/show/ampr/date/2022-03-15</ref> While self-isolating from [[COVID-19]] in 2020, Putin spent much time with Kovalchuk, and they share the view that the only important factor is to restore Russian greatness.<ref>BBC [https://www.bbc.co.uk/programmes/w172xv5n7vgx81w Newshour, March 16, 2022].</ref> According to some experts, Kovalchuk played a role in Putin's decision to [[Russian invasion of Ukraine|invade Ukraine]] in 2022.<ref>{{cite news |title=A look at the trio who convinced Putin to invade |url=https://news.yahoo.com/look-trio-convinced-putin-invade-084200834.html |work=Yahoo News |date=9 January 2023}}</ref><ref>{{cite news |title=How Putin blundered into Ukraine — then doubled down |url=https://www.ft.com/content/80002564-33e8-48fb-b734-44810afb7a49 |work=Financial Times |date=23 February 2023}}</ref>

==Life== Yuri Kovalchuk spent his childhood and youth in [[Saint Petersburg|Leningrad]]. He was the second child in a family of history teachers. His father, Valentin Mikhailovich Kovalchuk, is [[Ukrainians|Ukrainian]], and his mother, Miriam Abramovna Kovalchuk (née Viro), is [[Jewish]]. His brother Mikhail is five years older than him.<ref>{{Cite web|url=http://old.spbvedomosti.ru/article.htm?id=10302747@SV_Articles|title=Памяти историка|work=[[Sankt-Peterburgskie Vedomosti]]|date=2013-10-11|publisher=2000 Издательский дом «С.-Петербургские ведомости»|access-date=2015-06-26|archive-url=https://web.archive.org/web/20150630195603/http://old.spbvedomosti.ru/article.htm?id=10302747@SV_Articles|archive-date=30 June 2015|language=ru}}</ref><ref>{{cite web |url=https://dzen.ru/a/XcFwxQbMRgCty36l |title=Юрий Ковальчук – миллиардер, в банке которого хранит деньги Путин |language=ru |website=Дзен |date=2023 |access-date=2024-08-06}}</ref>

From 1987 to 1991, he was the first deputy director of [[Ioffe Physico-Technical Institute]].

In 1992, Kovalchuk was a founder of the STREAM Corporation ({{langx|ru|ЗАО "Корпорация "СТРИМ"}}).<ref>{{cite news |url=https://www.mn.ru/issue.php?2004-4-21 |title=НОВЫЕ "ОЛИГАРХИ": КТО ОНИ? Немногие сведения о Юрии Ковальчуке и Геннадии Тимченко едва ли позволяют поставить этих людей в один ряд с представителями сверхкрупного бизнеса |trans-title=NEW "OLIGARCHS": WHO ARE THEY? Few information about Yuri Kovalchuk and Gennady Timchenko hardly makes it possible to put these people on a par with representatives of super-large business |language=ru |work=[[Moskovskiye Novosti|ИД "МОСКОВСКИЕ НОВОСТИ"]] (Moscow News) |date=2004 |issue =4 |access-date=15 July 2021 |archive-date=5 March 2004 |archive-url=https://web.archive.org/web/20040305013513/https://www.mn.ru/issue.php?2004-4-21}}</ref>

Kovalchuk is very closely associated with [[Vladimir Stolyarenko]].<ref>{{cite news |last=Васильев |first=Юрий (Vasiliev, Yuri) |url=http://www.mn.ru/issue.php?2004-4-20 |title=НЕВЕДОМЫЕ МИРУ ФАКТЫ: "Люди, очнитесь!" - призвал российский народ кандидат в президенты Иван РЫБКИН. Корреспондент "МН" Юрий ВАСИЛЬЕВ попытался внять его призыву |trans-title=FACTS UNKNOWN TO THE WORLD: "People, wake up!" - the presidential candidate Ivan RYBKIN called on the Russian people. MN correspondent Yuri VASILIEV tried to heed his call |language=ru |work=[[Moskovskiye Novosti|ИД "МОСКОВСКИЕ НОВОСТИ"]] (Moscow News) issue 4 |date=2004 |access-date=15 July 2021 |archive-date=4 March 2004 |archive-url=https://web.archive.org/web/20040304225753/http://www.mn.ru/issue.php?2004-4-20}}</ref><ref name=MoscowNovostiOligarchs>{{cite news |url=https://www.mn.ru/issue.php?2004-4-21 |title=НОВЫЕ "ОЛИГАРХИ": КТО ОНИ? Немногие сведения о Юрии Ковальчуке и Геннадии Тимченко едва ли позволяют поставить этих людей в один ряд с представителями сверхкрупного бизнеса |trans-title=NEW "OLIGARCHS": WHO ARE THEY? Few information about Yuri Kovalchuk and Gennady Timchenko hardly makes it possible to put these people on a par with representatives of super-large business |language=ru |work=[[Moskovskiye Novosti|ИД "МОСКОВСКИЕ НОВОСТИ"]] (Moscow News) Issue 4 |date=2004 |access-date=15 July 2021 |archive-date=5 March 2004 |archive-url=https://web.archive.org/web/20040305013513/https://www.mn.ru/issue.php?2004-4-21}}</ref><ref name="StakesDaughtersFeb2005">{{cite news |url=http://www.compromat.ru/imgup/converted_18319.jpg |title="Дочерние" российские зарубежные банки и сеть ВТБ: доли ЦБ, ВТБ и др. |trans-title=Russian Foreign "Daughter" Banks and the VTB Network: stakes held by Central Bank, VTB, others |work=compromat.ru |date=February 2005 |access-date=15 July 2021 |quote= |archive-date=27 March 2022 |archive-url=https://web.archive.org/web/20220327215942/http://www.compromat.ru/imgup/converted_18319.jpg |url-status=dead }}</ref><ref>{{cite news |last=Бирман |first=Александр (Birman, Alexander) |url=https://ko.ru/document.asp?d_no=11319&p=1 |title=В советских сетях: Нефтедоллары пойдут по проверенным каналам загранбанков |trans-title=In Soviet networks: Oil dollars will go through proven channels of foreign banks |work=Компании Деловой Еженедельник (ko.ru) |date=21 February 2005 |access-date=15 July 2021 |archive-date=13 March 2005 |archive-url=https://web.archive.org/web/20050313182643/https://ko.ru/document.asp?d_no=11319&p=1}}</ref>{{efn|From 1989 to 1995, the president and chairman of the board of Tokobank was Viktor Konstantinovich Yakunin ({{langx|ru|Виктор Константинович Якунин}}) who created Tokobank.<ref name=YakuninLetopis>{{cite web |url=http://letopis.org/static/org/images/directs/6/49b13b66-3777-11ea-9e5e-001be2a7c7fd.pdf |title=Виктор Константинович Якунин: Нашим возможностям соответствовал, Ost-West Handelsbank |trans-title=Victor Konstantinovich Yakunin: Our capabilities matched, Ost-West Handelsbank |language=ru |work=letopis.org |date= |access-date=12 August 2021 |archive-date=13 August 2021 |archive-url=https://web.archive.org/web/20210813011601/http://letopis.org/static/org/images/directs/6/49b13b66-3777-11ea-9e5e-001be2a7c7fd.pdf}}</ref> On 28 April 1992 using [[Deutsche Mark|DM]] 50 million from a "frozen" [[VEB.RF|VEB]] account, Tokobank gained an 80.6% stake in [[Ost-West Handelsbank]] after the shareholders of Ost-West Handelsbank transferred the stake to Tokobank which was the first privatization of a former [[:ru:Совзагранбанк|sovzagranbank]] ({{langx|ru|Совзагранбанк}}).<ref name=YakuninLetopis/><ref name=DeutscheMarks>{{cite news |last=Симонов |first=Дмитрий |url=https://www.kommersant.ru/doc/4560 |title=Выкуплен первый совзагранбанк: Чьи деньги, Зин? |trans-title=The first sovzagranbank was redeemed: Whose money, Zin? |language=ru |work=[[Kommersant|Коммерсантъ]] |date=4 May 1992 |access-date=12 August 2021}}</ref><ref>{{cite news |last=Буйлов |first=Максим (Builov, Maxim) |url=http://www.compromat.ru/page_11356.htm |title=Банки-2001: Кому принадлежит Россия |trans-title=Banks-2001: Who owns Russia |language=ru |work=[[Kommersant|Коммерсант]] |date=11 December 2001 |access-date=12 August 2021 |quote= Archived at compromat.ru on 11 December 2001.}}</ref> In May 1998, members of the St. Petersburg "Northern Alliance" ({{langx|ru|«Северный Альянс»}}) including [[Vladimir Stolyarenko]], held temporary directorships of Tokobank ({{langx|ru|Токобанк}}). In 1998, Tokobank owned a 28% stake in the German bank [[Ost-West Handelsbank]]. In 1998, "Northern Alliance" ({{langx|ru|«Северный Альянс»}}) associated with [[Saint Petersburg]] included directors and shareholders of Tokobank including Sudhir Gupta, owner of Amtel Tire Holding and controlled Yunicbank ({{langx|ru|Юникбанк}}), whose August 1998 head of the supervisory board was Stepan Kovalchuk ({{langx|ru|Степан Ковальчук}}), the chairman of the board of Flamingo Bank ({{langx|ru|банк «Фламинг»}}). Stepan Kovalchuk is a grand-nephew of Yuri Kovalchuk.<ref name="StakesDaughtersFeb2005"/><ref name=Company21022005>{{cite news |last=Бирман |first=Александр (Birman, Alexander) |url=https://ko.ru/document.asp?d_no=11319&p=1 |title=В советских сетях: Нефтедоллары пойдут по проверенным каналам загранбанков |trans-title=In Soviet networks: Oil dollars will go through proven channels of foreign banks |work=[[:ru:Компания (журнал)|Компании Деловой Еженедельник]] (ko.ru) |date=21 February 2005 |access-date=15 July 2021 |archive-date=13 March 2005 |archive-url=https://web.archive.org/web/20050313182643/https://ko.ru/document.asp?d_no=11319&p=1}}</ref><ref>{{cite news |last1=Рубин |first1=Михаил (Rubin, Mikhail) |last2=Баданин |first2=Роман (Badanin, Roman) |url=https://www.proekt.media/narrative/telegram-kanaly/ |title=Телега из Кремля. Рассказ о том, как власти превратили Telegram в телевизор |trans-title=A cart from the Kremlin. The story of how the authorities turned Telegram into a TV |language=ru |work=[[Proekt|Проект]] (proekt.media) |date=28 November 2018 |access-date=15 July 2021}}</ref>}}

Since the early 1990s, Kovalchuk has owned a [[dacha]] in Solovyovka in the [[Priozersky District]] of the [[Leningrad Oblast|Leningrad region]], located on the eastern shore of the [[Lake Komsomolskoye|Komsomolskoye lake]] on the [[Karelian Isthmus]] near Saint Petersburg. His neighbours there are [[Vladimir Putin]], [[Vladimir Yakunin]], [[Andrei Aleksandrovich Fursenko|Andrei Fursenko]], [[Sergey Fursenko]], [[Viktor Myachin]], [[Vladimir Smirnov (businessman)|Vladimir Smirnov]] and [[Nikolay Shamalov]]. Together they instituted the co-operative society [[Ozero]] (the Lake) which united their properties on 10 November 1996.<ref>[https://www.theatlantic.com/international/archive/2013/02/how-the-1980s-explains-vladimir-putin/273135/# How the 1980s Explains Vladimir Putin. ''The Ozero group.''] By Fiona Hill & Clifford G. Gaddy, ''The Atlantic'', 14 February 2013</ref><ref>{{cite web|url=http://www.lib.ru/HISTORY/FELSHTINSKY/naslednik.txt|title=Владимир Прибыловский, Юрий Фельштинский. Операция "Наследник". Главы из книги|website=www.lib.ru|access-date=22 November 2018}}</ref><ref name=AntiComp/>

In November 2000, he was a main shareholder of the [[Baltika Breweries|Brewery "Baltika"]] ({{Langx|ru|пивоваренная компания "Балтика"}}).<ref name=MoscowNovostiOligarchs/> Since 2004, he has been chair of [[Rossiya Bank]] and its largest shareholder.<ref>[http://www.vedomosti.ru/newspaper/article.shtml?2005/03/01/88331 Anna Shcherbakova. Interview with Mikhail Klishin, Director general of the Russia Bank.] [[Vedomosti]] #35(1316), 1 March 2005. (in Russian)</ref><ref name=AntiComp>{{cite web|url=http://www.anticompromat.ru/oligarhi/ppo.html|title=Происхождение путинской олигархии|last=Pribylovsky|first=Vladimir|date=11 October 2005|website=AntiCompromat.ru|language=ru|trans-title=The Origin of Putin's Oligarchy|access-date=11 January 2007|archive-date=22 December 2007|archive-url=https://web.archive.org/web/20071222023029/http://www.anticompromat.ru/oligarhi/ppo.html|url-status=dead}}.</ref><ref>[https://archive.today/20080515233652/http://www.stockmap.spb.ru/company/3022/0/ The Russia Bank], Stockmap.spb.ru</ref>

The May 2008 issue of Russian ''[[Forbes]]'' listed him for the first time in its ''Golden Hundred'' of Russia's richest, calling him and another new entrant to the ''List'', [[Gennady Timchenko]], "good acquaintances of Vladimir Putin."<ref>[https://www.reuters.com/article/sphereNews/idUSL234792120080423?sp=true&view=sphere Kremlin-linked tycoon eyes Russia media firm-report] [[Reuters|reuters.com]] 23 April 2008.</ref> The magazine placed him at number 53 on the Russians-only list, with an estimated fortune of $1.9 billion. After sanctions imposed on Kovalchuk in 2018, this dropped to $650 million.<ref>{{Cite news|url=https://themoscowtimes.com/articles/russia-loses-23-billionaires-to-economic-crisis-45833|title=Russia Loses 23 Billionaires to Economic Crisis|date=16 April 2015|work=The Moscow Times|access-date=14 August 2020|language=en}}</ref>

His elder brother [[Mikhail Kovalchuk]] is the scientific secretary of the Council for Science and High Technologies attached to the president of the [[Russian Federation]].{{citation needed|date=March 2022}}

In 2015, Yury Kovalchuk's [[National Media Group]] (NMG) and US [[Discovery Channel]] joined forces to form Media Alliance&nbsp;of which NMG owns 80%.<ref>{{Cite news|url=https://themoscowtimes.com/articles/billionaire-kovalchuks-national-media-group-to-buy-russian-distributor-of-cnn-51323|title=Billionaire Kovalchuk's National Media Group to Buy Russian Distributor of CNN|date=23 December 2015|work=The Moscow Times|access-date=14 August 2020|language=en}}</ref> Later that year, Kovalchuk acquired the rights to [[Ted Turner]]'s Russian assets including the Russian version of [[CNN]], [[Cartoon Network]] and [[Boomerang (Central and Eastern European TV channel)|Boomerang]]. The reason for the sale was based on the Russian media ownership law that limits ownership of Russian media by foreigners.<ref>{{Cite news|url=http://www.eurasianbusinessbriefing.com/billionaire-kovalchuk/|title='Putin's personal banker' Kovalchuk to buy CNN Russia as Turner moves out|date=24 December 2015|work=Eurasian Business Briefing - Information for Investors|access-date=23 October 2018|language=en-US|archive-date=10 April 2019|archive-url=https://web.archive.org/web/20190410202609/https://www.eurasianbusinessbriefing.com/billionaire-kovalchuk/|url-status=dead}}</ref> In 2020, the world's leading streaming entertainment service [[Netflix]] partnered with the National Media Group to launch a local-language streaming service in Russia.<ref>{{cite news |title=Netflix partners with broadcaster linked to Putin ally Yury Kovalchuk |url=https://www.businesslive.co.za/bd/companies/telecoms-and-technology/2020-09-02-netflix-partners-with-broadcaster-linked-to-putin-ally-yury-kovalchuk/ |work=Business Day |date=2 September 2020}}</ref>

In 2017, Kovalchuk purchased the century-old [[Novyi Svit (winery)|Novy Svet]] vineyard in [[Crimea]] for $26.4 million in one of the first privatization deals in the region since the [[annexation]] of the region by Russia.<ref>{{Cite news|url=https://themoscowtimes.com/news/putin-ally-targeted-by-us-sanctions-buys-winery-in-crimea-60001|title=Putin Ally Targeted by U.S. Sanctions Buys Winery in Crimea|date=20 December 2017|work=The Moscow Times|access-date=14 August 2020|language=en}}</ref> As of January 2019, Kovalchuk and [[Nikolai Shamalov]] through their ownership of Rossiya Bank have become the most important investors in Russia's development of annexed Crimea.<ref name=Insru29012019>{{cite news |last=Васильев |first=Андрей (Vasiliev, Andrey) |url=https://theins.ru/korrupciya/137605 |title=После Ротенберга хоть камни с неба. Как Крым стал прибыльным бизнесом для друзей Путина |trans-title=After Rotenberg, even stones from the sky. How Crimea became a profitable business for Putin's friends |language=ru |work=[[:ru:Insider|Insider]] |date=25 January 2019 |access-date=20 November 2020 |archive-date=29 January 2019 |archive-url=https://web.archive.org/web/20190129180253/https://theins.ru/korrupciya/137605}}{{Better source needed|date=December 2020}}</ref>

On 15 April 2021, [[Alexei Navalny]]'s website stated that since 2003 Kovalchuk has owned Putin's residence at Valdai, which is on the southern {{convert|100|ha}} of a peninsula between [[:ru:Ужин (озеро)|Lake Uzhin]] and [[Lake Valdayskoye|Lake Valdai]] in the [[Novgorod Oblast]] near [[Saint Petersburg]] and across Lake Valdai from [[Valday, Novgorod Oblast|Valday]].<ref name=PutinValdaiResidence>{{cite web |url=https://navalny.com/p/6480/ |title=Тайны валдайской дачи Путина |trans-title=Secrets of Putin's Valdai dacha |language=ru |work=navalny.com |date=15 April 2021 |access-date=17 April 2021}}</ref><ref>{{cite news |last=Матвеев |first=Владимир (Matveev, Vladimir) |url=https://www.kommersant.ru/ImagesVlast/20003621-3.jpg |title=Вл��сть |trans-title=Vlast |language=ru |work=[[Kommersant]] |date=12 September 2000 |access-date=17 April 2021 |quote=Map showing location of Putin's dacha at Valdai}}</ref> Built in 1980, Putin's Dacha is often called ''Valdai'', ''Dolgie Borody'', or ''Stalin's Dacha'', though Stalin was not alive when it was built.<ref>{{cite news |last=Матвеев |first=Владимир (Matveev, Vladimir) |url=https://www.kommersant.ru/doc/17600 |title=Путино-Дачное |trans-title=Putino-Dachnoe |language=ru |work=[[Kommersant]] |date=12 September 2000 |access-date=17 April 2021}}</ref> Abutting north of this location is {{convert|150|ha}} owned by the Russian Federation and used by the [[Federal Security Service]].<ref name=PutinValdaiResidence/> Kovalchuk leases Putin's Dacha to the Russian government for an undisclosed price.<ref name=PutinValdaiResidence/>

Kovalchuk owns shares in several of Russia's most influential TV channels, including [[Channel One Russia]].<ref>{{cite news |title=Meet The Oligarch Who Whispers In Putin's Ear |url=https://www.forbes.com/sites/johnhyatt/2022/03/18/meet-the-man-who-whispers-in-putins-ear/ |work=Forbes |date=18 March 2022}}</ref><ref>{{cite news |title=Putin cronies and criminals gear up to steal Russia |url=https://www.japantimes.co.jp/opinion/2023/02/14/commentary/world-commentary/putin-cronies/ |work=Japan Times |date=14 February 2023}}</ref> In December 2021, [[Alisher Usmanov]]'s holding company USM said it had sold its stake in Russia's leading [[Runet|internet group]] [[VK (company)|VK]] to state-run insurance company [[Sogaz]], which is partly owned by Yury Kovalchuk.<ref>{{cite news |title=Telegram's Billionaire Founder Says He's Never Provided Ukrainians' Data To Russia |url=https://www.forbes.com/sites/thomasbrewster/2022/03/07/telegrams-billionaire-founder-says-hes-never-provided-ukrainians-data-to-russia/ |work=Forbes |date=7 March 2022}}</ref>

==Sanctions== Kovalchuk was one of several individuals sanctioned by the U.S. Treasury Department on 20 March 2014 in response to the [[annexation of Crimea by the Russian Federation]]. According to the [[United States Department of the Treasury|U.S. Treasury]], Kovalchuk is a close advisor to President Putin and has been referred to as one of his "cashiers".<ref>{{Cite web|title=Executive Order - Blocking Property of Additional Persons Contributing to the Situation in Ukraine |date=20 March 2014 |url=https://obamawhitehouse.archives.gov/the-press-office/2014/03/20/executive-order-blocking-property-additional-persons-contributing-situat |publisher=The White House - Office of the Press Secretary|access-date=14 August 2020}}</ref><ref>{{cite web|url=http://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20140320_33.aspx|title=Ukraine-related Designations|website=www.treasury.gov|access-date=22 November 2018}}</ref><ref>{{cite web|url=http://www.treasury.gov/resource-center/sanctions/SDN-List/Pages/default.aspx|title=Specially Designated Nationals And Blocked Persons List (SDN) Human Readable Lists|website=www.treasury.gov|access-date=22 November 2018}}</ref><ref>{{cite news |title=Treasury Sanctions Russian Officials, Members Of The Russian Leadership's Inner Circle, And An Entity For Involvement In The Situation In Ukraine |url=http://www.treasury.gov/press-center/press-releases/Pages/jl23331.aspx |publisher= United States Treasury Department |date=20 March 2014 |access-date=20 March 2014}}</ref><ref name=Sanctions>{{cite web|last=Shuklin |first=Peter |title=Putin's inner circle: who got in a new list of US sanctions |url=https://news.liga.net/articles/politics/1066761-blizhniy_krug_putina_kto_popal_v_novyy_spisok_sanktsiy_ssha.htm |publisher=liga.net |date=21 March 2014 |access-date=20 February 2016 |url-status=dead |archive-url=https://web.archive.org/web/20150207152258/http://news.liga.net/articles/politics/1066761-blizhniy_krug_putina_kto_popal_v_novyy_spisok_sanktsiy_ssha.htm |archive-date=7 February 2015 }}</ref><ref name=Ukraine-EO13661>{{cite web | last = President of The United States | title = Ukraine EO13661 | url = https://www.treasury.gov/resource-center/sanctions/Programs/Documents/ukraine_eo2.pdf | publisher = Federal Register | date = 19 March 2016 | access-date = 20 February 2016}}</ref>

Kovalchuk was sanctioned by the British government in 2014 in relation to the [[Russo-Ukrainian War]].<ref>{{cite web |title=CONSOLIDATED LIST OF FINANCIAL SANCTIONS TARGETS IN THE UK |url=https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1150217/Russia.pdf |access-date=16 April 2023}}</ref>

==See also== *[[List of Russian people by net worth]] *[[List of people and organizations sanctioned during the Russo-Ukrainian War]]

==Notes== {{notelist}}

==References and notes== {{reflist|2}}

{{Authority control}}

{{DEFAULTSORT:Kovalchuk, Yury}} [[Category:1951 births]] [[Category:Living people]] [[Category:Russian people of Ukrainian descent]] [[Category:Russian Jews]] [[Category:Businesspeople from Saint Petersburg]] [[Category:Russian billionaires]] [[Category:Former billionaires]] [[Category:Russian individuals subject to U.S. Department of the Treasury sanctions]] [[Category:Russian individuals subject to European Union sanctions]] [[Category:Russian individuals subject to United Kingdom sanctions]]