Ziyad Manasir Net Worth is$2.5 Billion
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Ziyad Manasir Net Worth: Ziyad Manasir is a Russian construction magnate who has a net worth of $2.5 billion. The owner of Russia's largest construction holding, Stroygazconsulting, he has amassed an abundant fortune. Manasir's construction company, which holds close ties with the state-owned gas producer Gazprom, reportedly earned more than $11 billion (annual sales) in 2012. That same year, the company put into operation the Portovaya pumping station, which transmits gas through the Nord Stream pipeline system. Besides the gas monopoly, Stroygazconsulting's other big clients include Rosavtodor, a federal agency behind road construction in Russia. A Jordan native, he first went to Russia as an exchange student at the Azerbaijan Oil and Chemistry Institute. It was during his studies that he started buying and selling computers and cars, after which he switched to trading yellow phosphorus, timber and oil products. By the mid-1990s, he had already bought a construction factory in Tyumen that built residences for Gazprom workers there. What he started eventually turned into today's Stroygazconsulting.
Yamaltransstroy JSC (Russian: ??? 1/4 ???>>??????? 1/2 ????????? 3/4 ??) is a Russian construction company, general contractor of Gazprom for construction and operation of the railway line on Yamal to Bovanenkovo, Kharasavey and Novoport deposits. The head office is in Moscow with a company branch in Labytnangi.

In 1985, the construction and installation union Yamaltransstroy was founded with the aim of constructing railways in the far north of Western Siberia.
In 1986, construction started on the Obskaya-Bovanenkovo railway line with a length of 509 km to the gas condensate deposits at Kharasavey Cape. The track is located completely beyond the Arctic Circle in permafrost conditions, and is one of the most difficult railway tracks due to geological, climatological and natural conditions.
In 1992, the enterprise became a joint-stock company.
In 2009, the company completed the construction of a 4-kilometre bridge crossing the River Yuribey (334th km of the track), one of the most difficult engineering facilities beyond the Arctic Circle.
By 2010-2011, the track was practically completed and revenues of the company fell by half, reduced to 9.4 billion roubles in 2010.
In 1992, head of the production construction and installation union (PSMO) Vladimir Nak was elected General Director of PSMO Yamaltransstroy. In April 1997, his son Igor Nak became General Director of Yamaltransstroy JSC.
As of the end of 2011, around 82% of the company is controlled by organisations of Igor Nak, and negotiations were conducted about the sale of Nak???s share to Stroygazconsulting of Ziyad Manasir.

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Ziyad Manasir Latest News

Transneft set to buy $1 bln office for Moscow HQ -sources

The property belongs to companies owned by the head of construction firm Stroygazconsulting Ziyad Manasir and businessman Dmitry Lutsenko, a former part-owner of Mirax, a now-bankrupt developer known ...
Posted: December 3, 2013, 4:00 pm

Billionaire Manasir Sells Stake In Stroigazconsulting

Jordanian-born Russian billionaire Ziyad Manasir has sold his shares in the Stroigazconsulting construction group to companies owned by Chechen businessman Ruslan Baisarov. Baisarov now owns 74.1 perc...
Posted: June 4, 2014, 3:56 am

Contractors Being Chosen to Fix Moscow Roads

The bidders were largely the same for all contracts. The reconstruction of Mozhaiskoye Shosse drew bids from Ziyad Manasir's Stroigazkonsalting, which offered to do the work for 10 billion rubles, and ...
Posted: January 16, 2012, 4:00 pm
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