Roustam Tariko 2 Net Worth is
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Roustam Tariko (Russian: ? N?N?N???? 1/4 ????N??,??? 3/4 ; born March 17, 1962) is the founder of Russian Standard Vodka. He also founded Russian Standard Bank, a credit and term life insurer in Russia. In 2009, Tariko's net worth was estimated at $1.1 billion.

Born in the town of Menzelinsk in Tatarstan on March 17, 1962, Tariko moved to Moscow to study at the age of 17. He graduated in 1989 from the Economics faculty of Moscow Institute for Railway Engineering and got an MBA from INSEAD in France in 2000.
The economic reforms of the 1980s created new business opportunities, which Tariko recognized and took advantage of. Unlike many other Russian businessmen who created their empires through the privatization of state enterprises in the early 1990s, Tariko built his company from scratch.
While studying, Tariko had a part-time job as a street cleaner. He says he had to get up early and clear the snow even if it was a??20C. Already at this point, Tariko had an eye for making money: Tariko's first business was a small cleaning company he established with two friends.
In the late 1980s, Tariko began importing Kinder Surprise and Ferrero Rocher chocolates to the Soviet Union and selling them for rubles. Previously, such goods were only available in hard currency stores closed to average Russians. Tariko parlayed his success in selling Italian chocolates into an exclusive contract to import the Martini brand. Record sales of Martini enabled him to grow his company Roust Inc. into the leading importer of premium spirits in Russia.
Building on his success, Tariko wanted to build a Russian consumer brand which would "embody the vibrant spirit of Russia." Tariko reportedly wondered why Russia, the birthplace of vodka and the biggest vodka market in the world did not possess a domestically produced premium vodka brand. In 1998, Tariko, through his Russian Standard Company, brought to market Russian Standard Vodka Original, the first genuinely Russian p

Roustam Tariko 2 Latest News

Vodka maker CEDC cedes operational control to Roustam Tariko

Dec 28 Top shareholder Roustam ... from Tariko and CEDC's second largest shareholder Mark Kaufman, expressing disappointment with the way the company was operating and calling for a shake-up of the board. CEDC shares were down 9 percent at $2.00 on Friday ...
Posted: December 28, 2012, 4:06 am

CEDC exits Chapter 11, following court approval of pre-packaged plan

The plan gives Roust, owned by CEDC chairman Roustam Tariko, 100% of the reorganized equity. Holders of $982.2 million in existing 2016 notes will split $822 million, consisting of $172 million in cash, $450 million in new secured notes, and $200 million ...
Posted: June 4, 2013, 10:07 pm

Roustam Tariko on Russian Standard's Expansion

In an interview at the Davos World Economic Forum, Roustam Tariko, chairman of Russian Standard, talked to WSJ Deputy Managing Editor Rebecca Blumenstein about global expansion plans for his vodka line and innovations in the banking business, including his ...
Posted: January 27, 2011, 7:41 am
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