The large expanded telluraporphyrin, tetratellura[36]octaphyrin(1.1.1.1.1.1.1.1), was synthesized in 7% yield by acid-catalyzed condensation of pyrrole with 2,5-bis(phenylhydroxymethyl)tellurophene and subsequent oxidation. The macrocycle acquires the chiral figure-eight conformation with two alternative spatial arrangements of the heterocyclic rings. The molecule exhibits dynamic behavior in solution, which was studied by means of 1H NMR spectroscopy. The reaction with chlorine led to a reversible oxidative addition at two distant tellurium atoms, which altered the preferred conformations. Metalation of the tetratellura[36]octaphyrin with triruthenium dodecacarbonyl selectively activated two of the eight Te-C bonds, resulting in the formation of an organometallic diruthenium compound. During the reaction, two tellurophene rings were converted to 1-ruthena-2-telluracyclohexadiene units containing octahedral ruthenium(II) centers. The rigid structure of this chiral complex allowed the separation of enantiomers.