Arkady Volozh Net Worth: Updated Estimate and Methodology

As of May 2026, the most credible estimate puts Arkady Volozh's net worth in the range of $3 billion to $4.5 billion, with some models pushing higher depending on how they price his Nebius Group stake on any given day. The most frequently cited figure from major wealth databases has hovered around $3.5 billion since late 2025, driven almost entirely by the market valuation of Nebius Group (ticker: NBIS on Nasdaq), where Volozh controls roughly 52% of voting power through his LASTAR Trust holding of approximately 30.8 million Class B shares. That number moves with the stock price, so treat any single figure as a snapshot, not a settled fact.

Who Arkady Volozh is (and why he's the one people look up)

Arkady Yuryevich Volozh is best known as the co-founder of Yandex, the Russian internet search giant that, at its peak, was worth roughly $20 billion and handled about two-thirds of all Russian-language search queries. He served as CEO and executive director of Yandex from 2000 through June 2022, when he resigned after the European Union placed him on its sanctions list following Russia's invasion of Ukraine. That resignation, and his very public distancing from the Russian government's actions in a statement he issued at the time, marked the beginning of a new chapter. Volozh relocated to Israel, renounced his Russian citizenship in February 2026, and pivoted his energy toward Nebius Group, the Amsterdam-incorporated AI infrastructure company that emerged from the international assets of the old Yandex holding structure after the Russian business was sold.

When people search for his name, they're looking for the Yandex founder, not a namesake. His wealth story is fundamentally a post-Soviet tech founder story: built in Russia, complicated by geopolitics, and now being rebuilt through an AI-era company listed on a Western exchange. That arc makes him one of the more analytically interesting figures in the post-Soviet billionaire landscape, comparable in complexity to other Russian-origin tech and business figures whose wealth spans multiple jurisdictions and restructured asset bases.

The current net worth estimate: what the numbers actually say

Forbes has tracked Volozh in its billionaires database, with real-time wealth figures tied to his equity stake in publicly listed holdings. If you're looking specifically for artem dzyuba net worth, the same idea applies: prioritize up-to-date, evidence-based figures and check the date and assets those estimates rely on. Bloomberg reported in late 2024 and into 2025 that Volozh became roughly $1 billion richer after a Microsoft AI-related deal boosted Nebius Group's valuation, giving a sense of how quickly these estimates can shift. CelebrityNetWorth lists a figure of $1.2 billion, but that number appears static and likely reflects an older baseline from before Nebius' rerating as an AI infrastructure play.

The more defensible range uses Nebius Group's public share price as the primary input. In September 2025, Nebius completed a follow-on public offering of about 10.8 million Class A shares at $92.50 per share, raising roughly $1 billion in gross proceeds. In March 2026, Nebius entered into a securities purchase agreement with NVIDIA for pre-funded warrants to purchase approximately 21 million Class A shares for gross proceeds of about $2 billion. That NVIDIA deal, in particular, sent Nebius' market capitalization significantly higher and is the main reason wealth estimates from early 2026 onward sit above the figures you'll find quoted from 2024. Using Volozh's approximately 30.8 million Class B shares (each carrying roughly the same economic interest as a Class A share) against a post-NVIDIA-deal market context, his paper stake alone supports a valuation in the multi-billion-dollar range.

How net worth gets calculated for major tech founders

For publicly listed companies, the math starts simply: take the number of shares a founder beneficially owns, multiply by the current market price, and that's the gross equity value of that holding. The complexity kicks in with adjustments. Forbes, for instance, tracks up to three major stock holdings worth at least $700 million each in its real-time framework, and it explicitly excludes foreign stocks without American Depositary Receipts and private holdings from that real-time calculation. Bloomberg's Billionaires Index updates daily at 5:30 p.m. New York time and uses comparable public-company metrics (EV/EBITDA ratios, P/E multiples, transaction comparables) when valuing closely held or private assets.

For private stakes or assets held through trusts, the methodology gets murkier. Both Forbes and Bloomberg apply estimated revenues or earnings against industry-average multiples to arrive at a fair-value approximation. For Volozh, the good news from an analytical standpoint is that Nebius Group is SEC-registered and Nasdaq-listed, which means its market cap is observable and his ownership stake is disclosed in Form 20-F annual filings. That makes the core calculation more transparent than it is for purely private Russian oligarchs whose assets are entirely opaque.

What actually drives his wealth (and what to watch)

Right now, Volozh's wealth is almost entirely a function of four things: the Nebius Group share price, the size of his beneficial ownership stake (currently around 30.8 million Class B shares via LASTAR Trust, representing about 52% of voting control as of March 2026), Nebius' ability to convert AI infrastructure investment into revenue, and any further dilution or capital raises that change the share count. The NVIDIA warrant deal from March 2026 is particularly important to watch: issuing up to 21 million new Class A shares at a negotiated price changes the fully diluted share count and, depending on how the warrant pricing compares to the prevailing market price, can either be accretive or dilutive to existing holder value.

• Nebius Group (NBIS) stock price: the single biggest daily mover of Volozh's estimated net worth
• LASTAR Trust share count: disclosed in SEC filings; watch for any changes via Form 4 or 20-F updates
• New capital raises or warrant exercises: the NVIDIA deal (March 2026, ~$2B) and the September 2025 follow-on both changed the share base
• Nebius revenue and GPU cluster deployment milestones: these drive analyst price targets and multiple expansion
• Sanctions status changes: Volozh's EU sanction removal and his renouncement of Russian citizenship in February 2026 affect how some models treat asset accessibility
• Any undisclosed private holdings: real estate, early-stage investments, or cash from the Yandex asset sale proceeds

Why the numbers differ so much across sources

There are at least five reasons why you'll see Volozh's net worth quoted anywhere from $1.2 billion to $4.5 billion depending on where you look, and none of those sources are necessarily lying. If you are comparing other figures, you can also look up arkady novikov net worth as a related adjacent billionaire-style comparison. First, timing matters enormously. A figure from 2023, when Nebius was still untangling from the Yandex restructuring and the Russian business sale at a discounted $5.3 billion was underway, reflects a fundamentally different asset picture than a figure from May 2026 after two major capital raises and an NVIDIA partnership.

Second, the scope of what gets counted varies by methodology. Forbes' real-time tool excludes private holdings and foreign stocks without ADRs. If Volozh holds cash, real estate, or private investments outside of NBIS, those may not appear in a given database's estimate at all. Third, the EU sanctions imposed in June 2022 created genuine uncertainty about the accessibility and transferability of some assets, and different models handled that uncertainty differently, with some applying heavy discounts to Russian-jurisdiction holdings and others not. Fourth, the Yandex-to-Nebius restructuring involved a complex corporate separation that made beneficial ownership genuinely hard to parse for a period. Nebius Group N.V. is a Dutch holding company, SEC-registered, and its filings are public, but the trust structures (LASTAR Trust) that hold Volozh's shares add a layer of indirection. Fifth, sites like CelebrityNetWorth use proprietary algorithms and have faced credible criticism for not maintaining financial research staff, making their figures useful only as rough ballpark numbers rather than research-grade estimates.

How his net worth has moved over time

The trajectory is dramatic by any measure. Volozh was a paper billionaire many times over when Yandex was at its pre-2022 highs, with a stake that made him one of Russia's wealthiest tech founders. Then came the EU sanctions in June 2022, the forced resignation from Yandex, and the slow, complicated process of separating the international holding structure from the Russia-based operating business. During 2022 and 2023, most wealth databases either dropped him from billionaire lists or heavily discounted his estimated wealth, reflecting the uncertainty about what he actually controlled and could access.

The Yandex Russian asset sale, which closed in mid-2024 and valued the Russian business at a discounted $5.3 billion, resolved some of that uncertainty but crystallized the loss: the international holding company (now Nebius Group) received the international assets and cash, while the Russian operations were sold to Russian buyers. Bloomberg reported in January 2025 that Volozh had formally left Yandex for Nebius, marking the clean break. Then came the AI infrastructure rerating. Nebius positioned itself as a GPU cloud and AI infrastructure provider, the Microsoft deal in late 2024 gave the market a signal, and the NVIDIA investment in March 2026 was the biggest single validation event. By early 2026, NBIS had repriced significantly from its post-restructuring baseline, and Volozh's stake value moved with it. His renouncement of Russian citizenship in February 2026 also removed a key uncertainty that some models had been discounting.

How to verify and update this estimate yourself

The best thing about Volozh's wealth profile right now, compared to many post-Soviet business figures, is that a significant portion of it is anchored to an SEC-registered, Nasdaq-listed company with mandatory public disclosures. That means you have real tools to work with.

1. Start with Nebius Group's SEC filings at sec.gov/cgi-bin/browse-edgar. Search for 'Nebius Group N.V.' and pull the most recent Form 20-F annual report. The beneficial ownership table will show Volozh's current share count via LASTAR Trust. The March 2026 20-F (for fiscal year ending December 31, 2025) is the most current as of this writing.
2. Check the current NBIS share price on Nasdaq. Multiply by Volozh's Class B share count (approximately 30.8 million as of the latest filing). That gives you the gross equity value of his primary disclosed holding. Note that Class B shares carry enhanced voting rights but the same economic interest as Class A shares.
3. Look for any Form 4 filings (insider transactions) under Volozh's name or LASTAR Trust on SEC EDGAR. These filings are required within two business days of a transaction and will show any purchases, sales, or grants of shares.
4. Check Nebius Group's investor relations page for press releases on new capital raises, warrant exercises, or partnership deals. The NVIDIA pre-funded warrant from March 2026 is the most recent major event; any exercise of those warrants will dilute the share count and affect per-share pricing.
5. Cross-reference with Forbes' billionaires list and Bloomberg Billionaires Index for their current estimates. Note the methodology limitations each applies: Forbes real-time excludes private holdings and foreign stocks without ADRs; Bloomberg updates daily but uses comparable-company models for non-listed assets.
6. Treat CelebrityNetWorth and similar aggregator sites as rough indicators only, not research sources. Their figures often lag major events by months and are not backed by disclosed financial analysis methodology.
7. Factor in what you cannot verify: any cash or liquid proceeds from the Yandex asset separation held privately, real estate, early-stage investments, or other private holdings are not in SEC disclosures and are not reliably estimated by any public database.

One practical habit worth building: when you see a net worth figure quoted for any major founder in the post-Soviet space, ask what date it's from and what asset it's based on. For Volozh specifically, anything quoted before late 2024 is almost certainly using a pre-Nebius-rerating baseline and will understate current estimates. Anything that cites only Yandex (rather than Nebius Group) as the primary asset is using stale data. The story has moved, and the numbers should reflect that.

Putting it in context: why this profile matters beyond the number

Volozh's wealth trajectory is one of the clearest case studies in how geopolitics can compress and then re-expand a tech founder's fortune within a few years. He went from peak-Yandex billionaire to sanctions-clouded uncertainty to AI-era repricing, all within roughly four years. That pattern, where a founder's wealth is tied to a company's public market valuation but severely complicated by jurisdiction, sanctions exposure, and corporate restructuring, is something worth understanding if you follow other post-Soviet business figures. Other business figures from the region, including those in food service, sports, and entertainment, face different but related valuation challenges around transparency and asset location. Volozh's case is unusual in that the Nebius listing gives researchers more to work with than most.

The bottom line: use $3 billion to $4. If you are specifically trying to pin down Artem Chekalin's net worth, the same timing and methodology issues that apply to other post-Soviet tech fortunes are likely to matter use $3 billion to $4. 5 billion as your working range for Volozh's net worth as of May 2026, anchor it to the Nebius Group share price and his approximately 30.8 million Class B shares via LASTAR Trust, and update it every time a major corporate event (capital raise, warrant exercise, earnings-driven rerating) changes the NBIS market cap. If you are trying to estimate Artem Petakov net worth, look for similar public-company disclosures that can support the valuation Nebius Group. That is as close to a verified, research-backed estimate as the available public data supports. If you're also comparing to other billionaire profiles like artem sokolov net worth, focus on the same fundamentals: share price or asset valuation and the date of the estimate. If you meant Artem Chigvintsev specifically, his net worth is often discussed in separate reports and should be checked against recent sources artem chigvintsev net worth.