Igor Rybakov Net Worth

Igor Rybakov has an estimated net worth of $1.4 billion, according to Forbes Real-Time Billionaires, Igor Rybakov profile (figures as of October 20, 2026). That is up from $1.3 billion in 2019.

Igor Rybakov is a Russian businessman best known as a co-founder of Technonicol, a maker of construction materials. He started in the building trade in 1988 in a student construction brigade during high school. While studying at the Moscow Institute of Physics and Technology, he kept working as a roofer with classmate Sergey Kolesnikov. He also sold ice cream near a Moscow railway station before moving deeper into business and manufacturing.

His wealth comes mainly from Technonicol, which he founded with Kolesnikov in 1992. Forbes says he owns 50% of the company, which makes roofing, waterproofing and thermal insulation materials. The business grew into a global group with companies and factories across Europe and Asia. Rybakov ran Technonicol until 2015, then cofounded Prytek, a technology company. He and his wife also started an education-focused foundation in 2015.

How Igor Rybakov makes money

Rybakov built his fortune in construction materials. After early hands-on work in roofing and other building jobs, he teamed up with Sergey Kolesnikov to launch Technonicol in 1992. The company started in construction materials and expanded over time into a large manufacturing group. Forbes says Rybakov owns 50% of Technonicol, and that stake is the main source of his wealth. Its products include roofing, waterproofing and thermal insulation materials.

Technonicol remains the center of his business profile. Forbes says the company owns 72 companies and factories across Europe and Asia. Rybakov ran the business until 2015, when he cofounded Prytek, a technology company. That move added a second business lane beyond manufacturing. He and his wife Ekaterina also started a foundation in 2015 that supports education through programs, giving his work a second public focus outside industry.

How Forbes' estimate changed

Forbes has shown clear swings in Rybakov's fortune over time. Its World's Billionaires List estimated his net worth at $1.3 billion in 2019, then $1 billion in 2020. The figure rose to $2 billion in 2021 before falling to $1.1 billion in 2022. Forbes then moved the estimate back to $1.4 billion in 2023 and kept the same $1.4 billion figure on its 2024 list.

The next change was another jump and then a retreat. Forbes estimated Rybakov at $2.4 billion on its 2025 World's Billionaires List. In 2026, Forbes put him at $1.4 billion on the annual list, and Forbes' real-time billionaires tracker also showed $1.4 billion as of October 20, 2026. Across those updates, Forbes continued to tie his wealth to his Technonicol stake and his later move into Prytek.