Ratmir Timashev Net Worth

Ratmir Timashev has an estimated net worth of $5.4 billion, according to Forbes Real-Time Billionaires, Ratmir Timashev profile (figures as of October 20, 2026).

Ratmir Timashev is an American software entrepreneur known for building enterprise tech companies with Andrei Baronov. He first made money in systems management software. In 1996, they cofounded Aelita Software, which made tools for Windows administrators. That business was sold to Quest Software for $115 million in 2004. Timashev later moved into virtualization and backup software, which became the main driver of his wealth and put him on a much bigger stage in technology.

His biggest success came with Veeam, a data management company he cofounded in 2006 and later led as CEO. Veeam started with products for managing and monitoring VMware ESX. In 2008, it released Veeam Backup & Replication, which became its flagship product and helped it enter the backup market. Insight Partners bought Veeam for $5 billion in 2020. After that sale, Timashev launched Object First in 2022 and started Oh.io in 2026.

How Ratmir Timashev built his fortune

Timashev's wealth comes from software. His first major exit was Aelita Software, a systems management company he cofounded with Andrei Baronov in 1996. Aelita focused on tools for Windows Server management and monitoring. Quest Software bought it for $115 million in 2004. Timashev then worked at Quest before leaving in 2005 and turning to virtualization, a shift that set up his next and much larger business in enterprise software.

In 2006, he and Baronov started Veeam in Columbus, Ohio. The company began with tools for VMware ESX, then expanded into backup with Veeam Backup & Replication in 2008. That product became central to the business. Veeam was sold to Insight Partners for $5 billion in 2020. Timashev later launched Object First in 2022 and, in 2026, started Oh.io, which aims to invest $100 million in 100 early-stage startups over 5 years.

Forbes net worth and recent money moves

Forbes put Ratmir Timashev's net worth at $5.4 billion on its real-time billionaires tracker as of October 20, 2026. The estimate is tied to the software fortune he built through Aelita and especially Veeam. The Veeam sale in 2020 is the biggest deal connected to his career in these facts, and his later startup and investing work shows that he stayed active in technology after that exit and kept backing new software efforts.

His recent money story is not only about company sales. In 2026, he launched Oh.io, a venture capital firm focused on bringing 100 early-stage startups to Columbus, Ohio over 5 years. He has also made large gifts to Ohio State, including a $110 million commitment in 2020 to create the Center for Software Innovation. Those moves show capital going into new companies, software talent, and entrepreneurship in Ohio.