[2] Timakova was Born at Alma Ata in the Kazakh SSR (now Almaty, Kazakhstan) on 12 April 1975.

In 1997, Timakova was a reporter and then senior political correspondent at Kommersant, and worked for the publishing house until 1999.

[8] After leaving government service, she was appointed as Deputy Chairman of the VEB.RF state development corporation.

[10] She is married to businessman Alexander Budberg, who is the chairman of the executive committee of the Bolshoi Ballet's board of trustees.

[12] In 2000, Timakova co-wrote First Person: Conversations with Vladimir Putin with Andrey Kolesnikov and Nataliya Gevorkyan.