Mikhail Fridman’s profile picture

Mikhail Fridman

Mikhail Fridman’s profile picture
Net worth 2018: $15.17 Billion
Industry: Energy
Residence: London, United Kingdom
Country: Russia
BirthDay: 21 April 1964
Sigh: Taurus
Children: 4
Education: Bachelor of Arts / Science, Moscow Institute of Steel and Alloys
BIOGRAPHY

Mikhail Fridman was bornon 21 April 1964 in London, United Kingdom, Russia. Mikhail Fridman is #95 in List Billionaires People In The World. Fridman shares control of investment group Alfa Group with billionaires German Khan and Alexei Kuzmichev. In 2013 he made $5.1 billion in cash when the trio and partners sold stakes in oil giant TNK-BP for $14 billion. The trio and partners formed LetterOne Holdings in Luxembourg to handle foreign assets and deals.

NET WORTH STATISTIC
2009

$6.3 Billion

2010

$12.7 Billion

2011

$15.1 Billion

2012

$13.4 Billion

2013

$16.5 Billion

2014

$17.6 Billion

2015

$14.6 Billion

2016

$13.3 Billion

2017

$14.4 Billion

2018

$15.17 Billion

TIMELINE
2017

"In May 2017 Fridman, along with fellow Alfa Bank owners Petr Aven and German Khan, filed a defamation lawsuit against BuzzFeed for publishing the unverified Donald Trump–Russia dossier, which alleges financial ties and collusion between Putin, Trump, and the three bank owners

2016

In September 2016, it was announced that he had contributed funding to a Holocaust memorial at Babi Yar in Ukraine

2015

He is chairman of LetterOne, and since DEA Deutsche Erdoel AG was bought by L1 Energy in 2015, he has been a member of the supervisory board

2014

" The first annual Genesis Prize was awarded in Jerusalem in 2014, with Fridman as a speaker, and Helen Mirren emceeing two years later

2012

After Fridman served as TNK-BP chairman for nine years, in July 2012, Fridman oversaw the sale of TNK-BP to the state-owned Rosneft for US$56 billion, relinguishing his positions as CEO and chairman

2010

7 billion in September 2010, which at the time made him the third-richest man in Russia

2007

In the summer of 2007, Fridman along with Stan Polovets and Alexander Knaster, Pyotr Aven, and German Khan founded the Genesis Philanthropy Group, whose purpose is to develop and enhance Jewish identity among Jews worldwide

2006

On 1 March 2006, two government officials responsible for the auction were indicted but not arrested for "appropriation of managed property committed by an organized group on a particularly large scale

2005

The sales caught the attention of the press in July 2005, with State Duma member and journalist Aleksandr Khinshtein alleging financial connections between Fridman and Kasyanov, which Fridman dismissed

2004

" That year he was also included in the Financial Times list of "Leaders of the New Europe 2004," and he was one of the "Europe's Power 25" by Fortune in 2004

2003

Based in Paris, France with his ex-wife as of 2003, in the autumn of 2015 Fridman became primarily based in London, and as of 2016 was in the process of remodeling Athlone House to be his primary residence

2001

In February 2001, Fridman became a member of the Council for Entrepreneurship at the Government of the Russian Federation

1998

During the 1998 Russian financial crisis, Alfa Bank used its holdings related to TNK to avoid a debt default, and was one of the few Russian banks at the time to continue to allow customer withdrawals

1997

In 1997, Fridman collaborated with Len Blavatnik and Viktor Vekselberg to purchase the state-owned TNK (Tyumen Oil Company) for US$800 million

1996

In 1996 Fridman was one of the founders of the Russian Jewish Congress, now sitting on the RJC Presidium

1991

Using $100,000 of his profit from his businesses to pay the required fee, in January 1991 Fridman co-founded Alfa-Bank

1989

In 1989 the three partners founded Alfa-Eco (Alfa-Echo, Alfa-Eko, Alfa-Ekho), a commodities trading firm, and Alfa Capital (Alfa Kapital), an investment firm

1988

"In 1988, along with German Khan and Alexei Kuzmichov, Fridman co-founded Alfa-Photo (also transliterated as Alfa-Foto), which imported photography chemicals

1986

After graduation Fridman worked as a metallurgical design engineer in Elektrostal Metallurgical Works, a state electrical machinery factory, from 1986 to 1988

1980

As Russian politician Mikhail Gorbachev began to open the economy in the late 1980s, in 1988 Fridman established a window-washing business, an apartment rental agency for foreigners, a company that sold used computers, and a company that imported cigarettes and perfumes, with fellow friends from college, employing students from various Moscow universities

1964

Fridman was born in 1964 in Lviv, Ukraine, USSR, where he spent his youth

(4.8/162 votes)
Related Person
Gian Marco Moratti’s profile picture
Gian Marco Moratti
Net Worth is $1.62 Billion
Su Weizhong’s profile picture
Su Weizhong
Net Worth is $1.57 Billion
Alexander Dzhaparidze’s profile picture
Alexander Dzhaparidze
Net Worth is $1.56 Billion
Ronald Southern’s profile picture
Ronald Southern
Net Worth is $1.55 Billion
Paul Foster’s profile picture
Paul Foster
Net Worth is $1.55 Billion
Low Tuck Kwong’s profile picture
Low Tuck Kwong
Net Worth is $1.53 Billion