Background
He was born in the family of the Soviet historian of Ukrainian origin Valentin Mikhaylovich Kovalchuk (1916-2013)
Leningrad State University
Vladimir Putin awards Mikhail Kovalchuk, President of the Kurchatov Institute, with the Order of Merit for the Fatherland, II degree, September 22, 2016
He was born in the family of the Soviet historian of Ukrainian origin Valentin Mikhaylovich Kovalchuk (1916-2013)
In 1974, he graduated from the Physics Department of Leningrad State University, and in 1985 received the title of Doctor of Physical and Mathematical Sciences.
From 1987 to 1991, he served as the 1st Deputy Director of the A. F. Ioffe Institute of Physics and Technology of the USSR Academy of Sciences (Leningrad). Since 2004 he is the Head of the Board of Directors of the Russia bank.He is also its largest shareholder.
Since the early 1990s, Kovalchuk owns a dacha in Solovyovka, Priozersky District of the Leningrad region, which is located on the eastern shore of the Komsomolskoye lake on the Karelian Isthmus near Saint St. Petersburg. His neighbours there are Vladimir Putin, Vladimir Yakunin, Andrei Fursenko, Sergey Fursenko, Viktor Myachin, Vladimir Smirnov and Nikolay Shamalov.
On 10 November 1996, together they instituted the co-operative society Ozero (the Lake) which united their properties. Despite pressure from Putin, the Russian Academy of Sciences rejected Mikhail Kovalchuk"s application for full membership of the Academy in May 2008.
This was seen as a blow to Putin"s authority, as speculation existed that Putin had wanted Kovalchuk to become President of the RAS.
Yuri Kovalchuk was one of several individuals sanctioned by the United States. Treasury Department on March 20, 2014 in response to the 2014 Crimean crisis.
According to the United States. Treasury, Mr. Kovalchuk is a close advisor to President Putin and has been referred to as one of his “cashiers.”.
The May 2008 issue of Russian Forbes listed him for the first time in its Golden Hundred of Russia"s richest and introduced him and another new entrant to the List, Gennady Timchenko, as "good acqaintances of Vladimir Putin." The magazine placed him at number 53 (Russians only list) with estimated fortune of $1.9 billion
Since the early 1990s, Kovalchuk owns a dacha in Solovyovka, Priozersky District of the Leningrad region, which is located on the eastern shore of the Komsomolskoye lake on the Karelian Isthmus near Saint St. Petersburg. His neighbours there are Vladimir Putin, Vladimir Yakunin, Andrei Fursenko, Sergey Fursenko, Viktor Myachin, Vladimir Smirnov and Nikolay Shamalov. On 10 November 1996, together they instituted the co-operative society Ozero (the Lake) which united their properties.
Yuri Kovalchuk was one of several individuals sanctioned by the United States. Treasury Department on March 20, 2014 in response to the 2014 Crimean crisis.
A member of the Ozero cooperation.
Kovalchuk is a known friend of Putin, he hosted the wedding of Putin’s daughter Katerina Tikhonova to Kirill Shamalov at his wholly owned ski resort, Igora, in 2013
Quotes from others about the person
According to the United States. Treasury, Mr. Kovalchuk is a close advisor to President Putin and has been referred to as one of his “cashiers.”.
He married Tatyana Kovalchuk, born on 18.10.1948, philologist by education. His son Boris Kovalchuk was born on 01.12.1977, now Chairman of the Management Board of Inter RAO UES.