Andrey Melnichenko Net Worth is$6.2 Billion
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Date of Birth: Mar 8, 1972
Country: Russia
Andrey Melnichenko is chairman of the board of Directors of EuroChem and billionaire businessman with a net worth of $6.2 billion. Andrey Melnichenko earned his net worth through many business ventures as co-founder and owner of MDM bank, serving as a member on the board of directors for several companies as well as building up three major companies with his business partner. He was born in Gomel, Belarus. Andrey Melnichenko's $300 million Yacht, the most expensive private boat in the world:
Andrey Igorevich Melnichenko (Russian: ?????? ???????? ???????????, Belarusian: ?????? ???????????, born on March 8, 1972 in Gomel, Belarus) is a Russian businessman and billionaire.
With a personal wealth of $10.8bn, in 2012 he ranked 81st in the Forbes World's billionaires list (in Russia - #11).
Graduated from Boarding School of the Specialized Education and Research Centre under the auspices of the Lomonosov Moscow State University formerly called the Boarding School at Kolmogorov Physics-and-Mathematics School #18.
Upon graduation was admitted into the School of Physics at Moscow State University, later transferred to and graduated from the Plekhanov Russian University of Economics.
1993: co-founded the MDM Bank which grew to become one of Russia's largest private banks within ten years;
1993 - 1997 chaired the Management Board of MDM Bank, and during 2001 to 2005 chaired the Board of Directors.
1997: graduated from the Plekhanov Russian University of Economics as Finance and Credit major;
- bought out MDM Bank shares from his partners and became the sole shareholder of the Bank;
2000-2001: co-founded the MDM Group comprising industrial assets including Siberian Coal Energy Company ("SUEK") and Mineral and Chemical Company "EuroChem";
- became one of the founders of Pipe and Metallurgic Company TMK, Russia's largest manufacturer and exporter of steel pipes. In 2004, sold his share in the transaction related to public placement of the company's stock. with the London Stock Exchange;
2001--2004: MDM Group President;
2004-2007: Phased sale of all personally owned shares of MDM Bank to his MDM Group partner Sergei Popov, focuses on development of industrial/mining assets.
In 2007, Melnichenko acquired a stake of about 7% in the German competitor K+S, a potash and fertilizer producer based in the German town of Kassel. In 2008, Melnichenko increased his stake in K+S to about 15%.


Andrey Melnichenko

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