Igor Kesaev Net Worth is$2 Billion
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Igor Kesaev Net Worth: Igor Kesaev is a Russian retail magnate who has a net worth of $2 billion. Kesaev entered the ranks of billionaires as President of his diversified Mercury Group of Companies, a position he has served since 1998. Born Igor Albertovich Kesaev in 1967, in the republic of North Osetia, Russia, he graduated from the prestigious Moscow State Institute of International Relations (MGIMO). Shortly upon graduation, in 1991, he founded the first Mercury Company, which initially dealt with import of food and alcohol. Over the years, it has expanded adopting new companies and today is the biggest tobacco distributor in Russia with a consolidated turnover that goes beyond $15 billion. One of the largest daughter companies of the Mercury Group is DIXY, Russia's third largest food retailer where Kesaev holds a controlling stake. The group owns 8 distribution centers that supply DIXY's stores in key regions. It also has a fleet of trucks that contributes to the optimization of transportation costs as well as ensures timely deliveries to stores. In 2005, Mr. Kesaev acquired a stake in the oil company Sibir Energy, but four years later, he sold the stake to state-controlled Gazpromneft. In late 2012, he went on to sell (through his group) five of the 75 floors of pink mirrored Mercury City tower in Moscow, the highest building in Europe, to Japan Tobacco International (JTI).
International satellite and cable TV channel about fashion, lifestyle and celebrity. Television broadcasts around the world, has 2 versions: the Russian and international. The Russian version of the channel (all content is translated into Russian) covers Russia and the CIS countries, has more than 20.25 million viewers. The international version covers Europe, Asia and the Asia-Pacific region, Australia, America, Canada, Middle East, Russia, CIS and Baltic countries; has more than 18.500.000 viewers.
The content consists of the latest news and events of the fashion world, season trends, reports from the main fashion weeks, documentaries about designers and best fashion shows. World Fashion Channel crews work at New York, London, Paris and Milan Fashion Weeks. They take part in the leading events of the fashion world. World Fashion Channel acts as a media partner at international film premiers, music festivals and leading events of the fashion world. World Fashion Channel established World Fashion Luxury Awards to celebrate achievements of the premium segment brands.

Igor Kesaev Latest News

Mercury City Tower – Tallest Tower in Europe

According to Igor Kesaev, the private investor behind the tower, it “demonstrates that all of Russia is on a level with countries of the Eurozone, continuing its planned development and moving forward.” So what was the inspiration behind such a ...
Posted: January 19, 2014, 4:00 pm

Gazprom increases its hold on Sibir

Sibir is suing Mr Tchigirinski, who along with fellow Russian businessman Igor Kesaev controls a 47 per cent stake in Sibir through investment vehicle Bennfield, as part of a $400m (£288m) lawsuit that the company claims it is owed after a soured real ...
Posted: June 18, 2009, 1:01 am

Russia's cigarette king practices strategic giving

In post-Soviet Russia, the right connections can mean success in business. And in the country’s lucrative retail tobacco trade, Igor Kesaev has set a new standard for success. Kesaev runs the multifaceted Mercury Group, with interests in everything from ...
Posted: November 13, 2015, 6:01 pm
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