Mikhail Fridman Net Worth is$12.7 Billion
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Profession: Politician, Banker, Businessperson
Date of Birth: Apr 21, 1964
Nicknames: Mikhail Maratovich Fridman
Ethnicity: Jewish people
Country: Russia
Mikhail Maratovich Fridman is a Russian businessman with a net worth of $12.7 million. Mikhail Fridman has obtained his net worth as co-founder of Friedman founded the Alfa Group Consortium, a holing company of several major companies. Fridman is one of the richest men in Russia, currently ranked 3rd, and the 45th richest man in the world. He was born in Lviv, Ukraine, USSR, and his company Alfa has sub group in the telecom industry called Altimo.
Mikhail Maratovich Fridman (Russian: ?????? ????????? ???????; born 21 April 1964 in Lviv, Ukraine) is a Jewish Russian businessman. Fridman graduated from Moscow Institute of Steel and Alloys in 1986. In the 1980s, as a student, Fridman scalped theater tickets on a large scale. In 1988 Fridman started his career in trading and financial services before founding Alfa Group Consortium in 1989. Fridman sits as Chairman of the Supervisory Board of Alfa Group Consortium, which is now one of the Russia's largest privately owned investment groups. In 2011, Forbes assessed his wealth as $15.1 billion, making him the 7th richest man in Russia.
Along with German Khan, Alexei Kuzmichov and several other partners, Fridman founded the Alfa Group Consortium, an investment group which today controls Alfa Bank (opened in 1991), Alfa Capital Management, Rosvodokanal Group, AlfaStrakhovanie Group and A1 Group. Alfa Group's portfolio includes stakes in oil and gas company TNK-BP, Russia's largest retailer in terms of sales X5 Retail Group, and several telecom companies: Vimpelcom Ltd., MegaFon and Turkcell.
Fridman serves as Chairman of Supervisory Board of Alfa Group Consortium, Chairman of the Board of Directors of TNK-BP and as a member of the Board of Directors of ABH Holdings S.A. (holding company of Alfa-Banking Group), Supervisory Board of Directors of VimpelCom Ltd. and X5 Retail Group N.V.
Since 2005, Fridman has been a Russian representative on the International Advisory Board of the Council of Foreign Relations.
Since 2005 he has been a member of the Public Chamber of Russia.
He has been an active supporter of Jewish initiatives in Russia and Europe. In 1996 Fridman was one of the founders of the Russian Jewish Congress, now sitting on the RJC Presidium. He makes large contribution to the work of the European Jewish Fund, a non-profit organization aimed at developing European Jewry and promoting tolerance and reconciliation on the continent.
Fridman is a

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Mikhail Fridman Latest News

Mikhail Fridman & German Khan Buying German Oil Company for $7 Billion

RWE (RWE; AG), Germany’s second largest power utility, disclosed on Sunday that it would sell its producing and exploratory oil and gas subsidiary, called RWE Dea, to London based L1 Energy Fund. L1 energy, which is controlled by two Russian oligarchs ...
Posted: March 17, 2014, 9:09 am

Mikhail Fridman Proposes $4 Billion Investment in Oi of Brazil

SÃO PAULO — The Russian oligarch Mikhail Fridman may spend as much as $4 billion to expand his telecommunication holdings into South America. On Monday, the Brazilian telecommunications company Oi said that Mr. Fridman’s investment group, LetterOne ...
Posted: October 26, 2015, 5:33 am

Startup backed by Skype co-founder aims to undercut Mexican telcos

FreedomPop, which also operates in Spain and Britain, earlier this year got $50 million in funding from LetterOne, the investment vehicle owned by Russian telecoms billionaire Mikhail Fridman, to help pay for international growth. The startup is also ...
Posted: October 12, 2016, 2:04 am
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