Vladimir Potanin’s profile picture

Vladimir Potanin

Vladimir Potanin’s profile picture
Net worth 2018: $16.13 Billion
Industry: Metals & Mining
Residence: Moscow, Russia
Country: Russia
BirthDay: 3 January 1961
Sigh: Aquarius
Children: 4
Education: Bachelor of Arts / Science, Moscow Institute of International Relations
BIOGRAPHY

Vladimir Potanin was bornon 3 January 1961 in Moscow, Russia, Russia. Vladimir Potanin is #87 in List Billionaires People In The World. Potanin acquired a stake in Norilsk Nickel during Russia's privatization in 1995; today he owns 30%. He used government contacts to cofound Onexim Bank, which controlled industrial behemoths, in 1993. The oligarch formerly owned interests in insurance, media, agriculture, engineering and oil. Today he also has stakes in pharmaceutical company Petrowax and ski resort Rosa Hutor.

NET WORTH STATISTIC
2009

$2.1 Billion

2010

$10.3 Billion

2011

$17.8 Billion

2012

$14.5 Billion

2013

$14.3 Billion

2014

$12.6 Billion

2015

$15.4 Billion

2016

$12.1 Billion

2017

$14.3 Billion

2018

$16.13 Billion

TIMELINE
Vladimir Olegovich Potanin (Владимир Олегович Потанин in Russian; born 3 January 1961) is a Russian billionaire, entrepreneur and oligarch. He acquired his wealth notably through the controversial loans-for-shares program in Russia. He is one of the wealthiest men in Russia, with an estimated net worth of $14.3 billion (ranked 77th in 2017 Forbes The World's Billionaires; 8th in Russia). His long-term business partner was Mikhail Prokhorov until they decided to split in 2008. Subsequently, they put their mutual assets in a holding company, Folletina Trading, until their asset division was agreed upon.Potanin was born in Moscow, in the former USSR, into a high-ranking communist family. In 1978, he attended the faculty of the International economic relations at Moscow State Institute of International Relations (MGIMO), which groomed students for the Ministry of Foreign Affairs. Upon graduating MGIMO in 1983, he followed in his father's footsteps and went to work for the FTO "Soyuzpromexport" with the Ministry of Foreign trade of the Soviet Union.During perestroika, Vladimir Potanin quit the State’s structures of Foreign trade and in 1991 created the private association Interros using his knowledge gathered at Ministry of Foreign trade and his previous professional network. In 1993, Potanin became President of United Export Import Bank. From 14 August 1996 until 17 March 1997 he worked as First Deputy Prime Minister of the Russian Federation. Since August 1998, Potanin has held the positions of both President and Chairman of the Board of Directors of the Interros Company.Potanin's Interros owns 30% and controls Russian Nickel giant Norilsk Nickel, a company owned by Oleg Deripaska's RUSAL, Abram Reznikov's Alamak Espana Trade and Alisher Usmanov's Metalloinvest. Since March 2003 Potanin has taken charge of the National Council on Corporate Governance (NSKU), whose main goal is to improve the legislative regulations in Russia and to introduce professional and ethical standards of corporate governance into the operations of Russian companies to boost up the reputation and investment appeal of the Russian business.Since December 2001 he has been a member of the Board of Trustees of the Solomon R. Guggenheim Foundation (NYC). In April 2003 Potanin was elected Chairman of the Board of Trustees of the State Hermitage, the most renowned Russian art museum. Since 2005 Potanin has been a member of the Public Chamber of Russia. In Paris in January 2007, he was named an Officer of the prestigious Order of Arts and Literature for his cultural contributions. The French Ministry of Culture and Communications granted the award. In March 2009, he sued former business partner Mikhail Prokhorov for $29 million over a property disagreement in Moscow.In May 2015 Potatin has been named a co-defendant in a case in which Vneshekonombank is looking for damages for losses from the liquidation of a corporation where he indirectly owned a stake.Potanin also has a stake in the Petrowax pharmaceutical company as well as the Rosa Hutor ski resort in the Mzymta valley. Potanin allegedly urged Vladimir Putin to approve expansion in the area to create a “Russian Courcheval”, despite oppositional pressure from environmental groups who claimed it would further damage the region. Between 2005 and 2010 Potanin invested $500,000 in starting a leopard breading initiative in the valley, however, in 2015 he asked Putin to allow for permits to double the size of the ski resort, an expansion that will threaten the leopard program he contributed to.In December 2016, Potanin promised to spend $17 billion over seven years to modernize facilities and reduce pollution. In January 2017, he briefed President Putin on development and performance of Norilsk Nickel.Vladmir Potanin's first marriage was to Natalia Potanina; the couple have three children. The pair divorced in December 2013. In 2017, Natalia filed a $15 billion lawsuit claiming profits of Norilsk Nickel as well as Interros International. Potanin was married a second time in 2014 to Ekaterina. Potanin is fluent in Russian, English, and French.He is the owner of three luxury motor yachts built by Oceanco:
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