Mikhail Kalashnikov - Famous Engineer

Mikhail Kalashnikov Net Worth


Mikhail Kalashnikov had a net worth of $1.5 million. Despite inventing the famous AK-47, he did not make significant profits from his invention and only earned a standard Soviet wage during his lifetime.

Key facts:

  • Mikhail Kalashnikov is best known for inventing the Avtomat Kalashnikova, also known as the AK-47.
  • Over 100 million AK-47s were manufactured during Mikhail's lifetime.
  • Mikhail did not make any substantial amount of money off his invention and merely earned a standard Soviet wage.
  • He owned 30% of a marketing company called Marken Marketing International (MMI) that held various intellectual property rights for licensing the Kalashnikov name to products.
  • Mikhail earned a healthy annual income making personal appearances at arms shows around the world towards the end of his life.
  • The AK-47 became the Soviet Army's standard assault rifle within two years of its release.
  • An estimated 100 million assault rifles had been created around the world by 2009.

Basic Information About Mikhail Kalashnikov

CategoryBusiness › Designers
ProfessionsEngineer, Designer
Net worth$1,500,000
Date of birth1919-11-10
Place of birthKurya, Kuryinsky District, Altai Krai
Date of death2013-12-23 (aged 94)
Social Media↗︎ Wikipedia

Famous Network of Business with Similar Net Worth

Mikhail Kalashnikov's photos

References & Fact Checks ✅

1/ Filename: kalashnikov-mikhail-5-15Z99S97.jpg
2/ Filename: ak-smg-1942-g2Z30NfN.jpg
  • Checked: ✅ Yes (2023-07-02 20:21:42)
  • Source URL: https://en.wikipedia.org/wiki/File:AK-SMG-1942.jpg
  • Original Source: AK-42
  • Author: V Smoothe
  • Licence: Creative Commons Attribution 2.0 Generic license.
  • Date taken: 11 July 2006, 08:59
3/ Filename: ak-47-type-ii-nobg-c9659WA2.jpg
4/ Filename: stoner-meets-kalashnikov-2O2IPlk4.jpg
  • Checked: ✅ Yes (2023-07-02 20:21:45)
  • Source URL: https://en.wikipedia.org/wiki/File:Stoner_meets_Kalashnikov.jpg
  • Original Source: Marines, Vol.19, No. 7, Page 4
  • Author: (Photo by Sgt. Chris Lawson)
  • Date taken: 22 May 1990
5/ Filename: medal-of-small-arms-konstruktor-mt-kalashnikov-6MFTOQfv.jpg
  • Checked: ✅ Yes (2023-07-02 20:21:46)
  • Source URL: https://en.wikipedia.org/wiki/File:MEDAL_OF_SMALL_ARMS_KONSTRUKTOR_MT_Kalashnikov.jpg
  • Original Source: http://www.rossimvolika.ru
  • Author: Russian Government
6/ Filename: mikhail-kalashnikov-2019-stamp-of-russia2-e8fV079r.jpg
  • Checked: ✅ Yes (2023-07-02 20:21:47)
  • Source URL: https://en.wikipedia.org/wiki/File:Mikhail_Kalashnikov_2019_stamp_of_Russia2.jpg
  • Original Source: [1]
  • Author: S. N. Prisekin
  • Date taken: 18 September 2019

Mikhail Kalashnikov Famous Network

Male Business ♂️ With Net Worth Closest To $1,500,000

Female Business ♀️ With Net Worth Closest To $1,500,000

0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments