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 .
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 .
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 .
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 .
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 .