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Bitcoin Bitcoin (BTC) $116,734.37 ↓ -0.38%
Ethereum Ethereum (ETH) $3,744.40 ↓ -0.25%
XRP XRP (XRP) $3.06 ↓ -0.40%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.01%
BNB BNB (BNB) $793.82 ↑ 1.21%
Solana Solana (SOL) $174.39 ↓ -0.48%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.21 ↓ -0.89%
TRON TRON (TRX) $0.33 ↓ -0.16%
Cardano Cardano (ADA) $0.75 ↓ -0.46%
Hyperliquid Hyperliquid (HYPE) $41.17 ↓ -1.64%
Sui Sui (SUI) $3.70 ↓ -0.95%
Stellar Stellar (XLM) $0.41 ↑ 1.09%
Chainlink Chainlink (LINK) $17.17 ↓ -1.26%
Bitcoin Cash Bitcoin Cash (BCH) $574.35 ↑ 1.55%
Hedera Hedera (HBAR) $0.26 ↑ 2.24%
Avalanche Avalanche (AVAX) $22.83 ↓ -0.99%
Toncoin Toncoin (TON) $3.54 ↑ 6.05%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.05%
UNUS SED LEO UNUS SED LEO (LEO) $8.96 ↑ 0.10%
Litecoin Litecoin (LTC) $108.26 ↓ -0.49%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -0.07%
Polkadot Polkadot (DOT) $3.74 ↑ 0.04%
Uniswap Uniswap (UNI) $9.49 ↓ -3.17%
Monero Monero (XMR) $305.04 ↓ -1.18%
Dai Dai (DAI) $1.00 ↓ -0.03%
Bitget Token Bitget Token (BGB) $4.46 ↓ -0.75%
Pepe Pepe (PEPE) $0.00 ↓ -1.50%
Cronos Cronos (CRO) $0.14 ↑ 0.31%
Aave Aave (AAVE) $266.39 ↓ -1.24%
Ethena Ethena (ENA) $0.58 ↓ -0.94%
Bittensor Bittensor (TAO) $360.65 ↓ -1.77%
Ethereum Classic Ethereum Classic (ETC) $21.04 ↓ -0.27%
NEAR Protocol NEAR Protocol (NEAR) $2.59 ↓ -0.20%
Pi Pi (PI) $0.41 ↓ -0.79%
Ondo Ondo (ONDO) $0.94 ↑ 0.84%
Aptos Aptos (APT) $4.41 ↓ -0.13%
Internet Computer Internet Computer (ICP) $5.34 ↓ -0.60%
OKB OKB (OKB) $47.00 ↓ -2.15%
Mantle Mantle (MNT) $0.75 ↑ 0.34%
Kaspa Kaspa (KAS) $0.09 ↓ -1.50%
Pudgy Penguins Pudgy Penguins (PENGU) $0.03 ↓ -0.09%
Algorand Algorand (ALGO) $0.25 ↑ 0.33%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.21 ↓ -3.01%
Bonk Bonk (BONK) $0.00 ↓ -4.77%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.03%
GateToken GateToken (GT) $17.10 ↓ -1.52%
Arbitrum Arbitrum (ARB) $0.41 ↓ -0.27%
VeChain VeChain (VET) $0.02 ↓ -3.13%
Render Render (RENDER) $3.81 ↑ 0.54%
Worldcoin Worldcoin (WLD) $1.04 ↓ -1.24%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.10 ↓ -1.08%
Story Story (IP) $6.08 ↑ 4.58%
Sky Sky (SKY) $0.08 ↓ -1.84%
Sei Sei (SEI) $0.30 ↓ -2.92%
Cosmos Cosmos (ATOM) $4.29 ↓ -1.61%
Filecoin Filecoin (FIL) $2.44 ↓ -0.58%
Flare Flare (FLR) $0.02 ↓ -3.70%
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Jupiter Jupiter (JUP) $0.50 ↓ -2.46%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.01%
Four Four (FORM) $3.80 ↓ -0.72%
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Quant Quant (QNT) $117.91 ↑ 0.15%
Injective Injective (INJ) $13.67 ↑ 1.13%
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Stacks Stacks (STX) $0.73 ↓ -1.77%
Celestia Celestia (TIA) $1.73 ↓ -0.28%
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Ethereum Name Service Ethereum Name Service (ENS) $27.41 ↓ -1.01%
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dogwifhat dogwifhat (WIF) $0.95 ↓ -0.49%
Kaia Kaia (KAIA) $0.15 ↓ -1.37%
PAX Gold PAX Gold (PAXG) $3,299.44 ↑ 0.18%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -3.59%
Sonic Sonic (S) $0.32 ↑ 4.55%
Lido DAO Lido DAO (LDO) $0.97 ↓ -3.91%
Nexo Nexo (NEXO) $1.32 ↑ 0.19%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.29 ↓ -1.29%
Tezos Tezos (XTZ) $0.79 ↓ -2.87%
Vaulta Vaulta (A) $0.52 ↓ -1.45%
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Raydium Raydium (RAY) $2.84 ↓ -1.07%
IOTA IOTA (IOTA) $0.19 ↓ -2.17%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -0.86%
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Home Business

Ratmir Timashev Net Worth: The Russian IT Entrepreneur Making Waves in the Tech World

András Crow-Hreidar by András Crow-Hreidar
10 July 2023
in Business
Reading Time: 2 mins read
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Ratmir Timashev Net Worth The Russian IT Entrepreneur Making Waves in the Tech World

Ratmir Timashev is a prominent Russian IT entrepreneur and philanthropist who has made significant progress in the tech industry . Best known as the co-founder of Veeam Software and the co-owner of ABRT Venture Fund Timashev’s entrepreneurial spirit and passion for technology have driven him to great heights . Ratmir Timashev net worth is estimated to be around $700 million . His impact extends beyond the business realm too . Let’s dive into his journey and accomplishments .

 

Table of Contents

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  • YOU MAY BE INTERESTED
  • Kraken Revenue Rises to $411.6 Million in Q2 as Exchange Expands Beyond Crypto
  • Best Crypto to Invest in August 2025: Can Ethereum, XRP, and Chainlink Outperform?
  • From Russia to the Tech World
  • Entrepreneurial Beginnings
  • Building Success with Veeam Software
  • ABRT Venture Fund and Philanthropy
  • An Impressive Net Worth

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From Russia to the Tech World

Ratmir Timashev was born in 1966 in Russia . While details about his upbringing and early life are not revealed much his educational journey sheds light on his pursuit of knowledge and passion for technology . Timashev studied at the Moscow Institute of Physics and Technology, where he earned two master’s degrees in Physics . He advanced his education at Ohio State University and graduated in Chemical Physics in 1996 .

 

Entrepreneurial Beginnings

Timashev’s entrepreneurial journey began while he was still a graduate student at Ohio State University . In 1995 he started his first business which was an e-commerce startup with his college roommate . Initially focused on selling computer parts through an online store Timashev and his partner discovered that they were earning more income from selling tools for Windows NT administrators . This realization prompted the establishment of Aelita Software which is a company that is focused on Windows Server systems management and monitoring software .

 

Building Success with Veeam Software

In 2006 Timashev and his partner Andrei Baronov founded Veeam Software . The company’s initial products centered around monitoring and managing the VMware ESX virtualization platform . Within two years Veeam Software introduced its flagship product Veeam Backup & Replication which pushed the company into the backup market . By the end of 2015 Veeam Software reported impressive profits of $474 million with a global workforce of over 1,950 employees .

Ratmir Timashev Net Worth The Russian IT Entrepreneur Making Waves in the Tech World-2

ABRT Venture Fund and Philanthropy

Ratmir Timashev also co-founded ABRT Venture Fund in 2006 . The fund primarily focuses on investments in companies based in Eastern and Central Europe . By providing specialized teams and support to startups ABRT Venture Fund plays a crucial role in enabling sales, marketing and other necessary activities for emerging companies . Timashev’s philanthropic efforts are also worth mentioning as he is actively involved with the Timashev Family Foundation . The foundation recently made headlines with a generous $110 million donation to Ohio State University which will establish a new on-campus center and interdisciplinary program that is dedicated to software innovation .

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An Impressive Net Worth

With his entrepreneurial ventures and strategic investments Ratmir Timashev has accumulated an estimated net worth of $700 million as of 2023 . In 2018 Forbes listed his net worth at $950 million and ranked him 116th on the list of the 200 wealthiest businessmen in Russia . His contributions to the tech industry have also earned him recognition as one of the top 100 Russian internet millionaires according to the national newspaper Kommersant in 2016 .

 

Ratmir Timashev’s journey as an IT entrepreneur is an example of the power of innovation, perseverance and philanthropy . With his successful ventures and commitment to making a difference Timashev is continuing to shape the tech landscape and inspire future generations of entrepreneurs .

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András Crow-Hreidar

András Crow-Hreidar

Editor-in-chief, Content Editor Hi there, my name is András and I'm a business and finance journalist living in Norway. My passion lies in uncovering the latest stories in the world of finance and delivering them to my readers in a way that's clear and engaging. I cover a wide range of topics in the finance world, including cryptocurrencies, which I believe have the potential to transform the way we interact with money and financial systems.

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