David Yakobashvili was bornon 2 March 1957 in Russia. In 2010 David Yakobashvili together with his long-time partner Gavril Yushvaev and other shareholders sold the biggest Russian food producer Wimm-Bill-Dann (WBD) to US PepsiCo. For his 10.5% stake in the company Yakobashvili got more than $600m. He invested the money among other projects into Petrocas Energy Group: 135 gas stations chain in Georgia, Armenia, Azerbaijan and Kazakhstan and two oil terminals in Georgia ? in Poti and Batumi. In the end of 1980s became partner of Yushvaev. They own together popular casinos and dance clubs in Moscow. Yakobashvili married Yushvaev's niece. Yakobashvili has a collection of self-playing music instruments - pianos, grand pianos, street-organs, etc.
In 2013 he won appreciation from the Administration of the President of the Russian Federation for active participation in preparing and holding a meeting of Heads of Governments of B20
In 2012 he was given an award from “Kommersant” publishing house in two categories at once: “Success” and “Choice of the Audience”
In 2008 he was given a commemorative award for contribution in the corporate management development and was called the best Chairman of Board of Directors (Association of Independent Directors)
He was given the status of “The Men of the Year 2001” (Russian Biography Institute), “Person of the Year 2002” (Rosbuisinessconsulting) and “Entrepreneur of the Year 2003” (Ernst & Young)
David Iakobachvili is awarded a medal “In Memory of the 850th Anniversary of Moscow”, testimonial letter of the Russian Federation Government for active participation in the implementation of objectives of domestic economy modernization as well as a Pro Merito Medal of the Council of Europe