Dmitry Kamenshchik’s profile picture

Dmitry Kamenshchik

Dmitry Kamenshchik’s profile picture
Net worth 2018: $3.65 Billion
Industry: Service
Residence: Moscow, Russia
Country: Russia
BirthDay: 26 April 1968
Sigh: Taurus
Education: Bachelor of Arts / Science, Moscow State University

Dmitry Kamenshchik was bornon 26 April 1968 in Moscow, Russia, Russia. Dmitry Kamenshchik is #636 in List Billionaires People In The World. Dmitry Kamenshchik owns Moscow's Domodedovo Airport, the largest in Eastern Europe, serving an estimated 28.5 million passengers in 2016. He got into the business in 1992, when the then philosophy student at Moscow University chartered a plane to fly goods from China to Moscow. He later built a cargo terminal and eventually took control of the entire airport. A deadly terrorist attack on Domodedovo in 2011 led to allegations against Kamenshchik but the criminal case closed in 2016, and the Prosecutor General's office declared the persecution of the businessman illegal.


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$3.65 Billion


Later, on 1 July 2016, due to the intervention of Deputy Prosecutor General Vladimir Malinovsky, Kamenshchik was released from house arrest


He is 27th position among the richest Russian businessmen according to Forbes, as of April 2015, with a net worth of $3


In September 2013 it was officially announced on the Airport’s website that the Chairman of the Board of Directors of Moscow Domodedovo Airport Dmitry Kamenshchik was its ultimate owner


The analysis of public data on the transactions involving purchase of the airport controlling stakes in the last three years (Tolmachevo in 2011, Edinburgh in 2012, and Stansted in 2013) suggests that the EV/LTM EBITDA average multiplier came to a factor of 17


The management system introduced by Kamenshchik made Domodedovo Airport number one in Russia in terms of passenger traffic since 2005; the airport was listed among Europe's major airports in 2011


In 2004 East Line sold both its own airline company and machinery assets at a profit, as Kamenshchik decided to take his foot off this non-core business pedal and focus on the airport business


In 2003 he received a PhD degree in Economics from Moscow State University


To improve the airport’s connectivity, in 2002 Kamenshchik also tried to flirt with the machinery industry as he saw pockets of value in this market, which was then experiencing a certain shortage of electric trains


However, he did not give up studying; in 2000 he graduated from the Sociological Faculty of the Moscow State University with a major in Economic Sociology


The year 1998 was a true game-changer for Kamenshchik


In 1994 East Line company set up its core business at the premises of Domodedovo Airport: catering service, cargo operations, handling, etc


Starting from 1993 East Line leased aircraft and launched charter flights to Europe and Asia


In February 1991 a businessman from Ekaterinburg Anton Bakov registered JV East Line to engage in air transportation services


In 1990 he entered the philosophy faculty of the Moscow State University, but later decided to leave to embark on his unsatisfied ambitious business plans


After school he entered the Faculty of Physics and Energy Engineering at the Moscow Power Engineering Institute From 1986 to 1988 he was drafted to the regular military service in armored forces of Soviet Army


Dmitry Vladimirovich Kamenshchik (Russian: Дмитрий Владимирович Каменщик; born 26 April 1968) is a Russian businessman, chairman of Moscow Domodedovo Airport, the sole shareholder in Moscow Domodedovo Airport, owner of DME Ltd

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