Russian billionaire Dmitry Rybolovlev: biography, family
Origin and years of study
So, how did Dmitry start his lifeRybolovlev. His biography began quite normally. He was born in Perm in 1966. His parents were doctors, and he graduated from the Permsky medical institute in family tradition, becoming a cardiologist in 1990. Even in his student years, Dmitry Rybolovlev married Elena, one of her classmates, and in 1989 their spouses gave birth to their first daughter Katya (pictured below).
I started working Dima Rybolovlevcardiologist-resuscitator, but he gained his present vocation in business. By his own admission, he was inspired by the novel The Financier by Theodor Dreiser, who tells the story of a man who made his first fortune in Philadelphia selling soap, and then became a successful investor in the stock market.
At the beginning of a business career
The first business project of Rybolovlev was medical: Together with his father, Eugene, he created a company called Magnetics, which offered forms of alternative treatment using magnetic fields - the so-called. "Magnetotherapy". It was a time of bartering. Customers preferred to pay the firm Rybolovlev not with money, but with their industrial products or foodstuffs, forcing them to look for buyers for them. Filling his hand on the resale, Rybolovlev Dmitry earned his first $ 1 million.
In 1992, Rybolovlev became the first businessman inPerm region, which received a certificate from the Russian Ministry of Finance, giving him the right to deal with securities, and in the same year he opened an investment company. In 1994, he founded a bank, acquired stakes in several industrial enterprises in Perm.
In 1995, Rybolovlev sold most of hisshares and concentrated capital in the company "Uralkali", working in the potash industry. It cost him much to gain control over this enterprise. While the ownership rights were being drawn up in 1995-97, Rybolovlev managed to stay in the pre-trial detention center for almost a year on charges of contract murder, but in the end was acquitted and was able to finally begin the reorganization of Uralkali.
The development of Uralkali
Over the next 15 years, Dmitry Rybolovlevfocused on the development of its main asset and eventually turned it into a large enterprise by world standards. Completely changing the management team and setting as a priority the achievement of increasing labor productivity, he achieved that from 2000 to 2007, labor productivity on "Uralkali" increased by 2.5 times.
In 2005 Uralkali and Belarusian producer of potash fertilizers Belaruskali (with a production volume 1.5 times more than Uralkali) combined their trade flows with the help of a single trader, the Belarusian Potash Company (BPC), in which Rybolovlev became executive director . Over the next three years, potash prices increased more than fivefold, and Uralkali began to control almost a third of its world exports. In 2007, a very successful IPO of Uralkali shares on the London Stock Exchange was held, which was evaluated by financial FIC as one of the most successful Russian primary placements.
Almost detective story with flooding
In the year 2006, to which the IPO was initially assigned, one of the Uralkali mines was flooded. The newspaper Komsomolskaya Pravda estimated the enterprise's losses at several hundred million dollars. But the most interesting is the other. It turns out that a few days before the accident, Dmitry Rybolovlev canceled the placement of shares on the stock exchange. If this did not happen, the newly placed shares would fall sharply in value, and the losses would be huge. After the elimination of the consequences of the accident in 2007, the placement was still held.
In 2008, Rybolovlev started a conflict withthe Russian government, represented by Deputy Prime Minister Igor Sechin, who initiated an investigation into the accident in order to determine the guilt of the company's management. Some observers have drawn parallels with the Yukos affair. But in the long run, the amount of damages was agreed upon, and Rybolovlev retained his ownership of Uralkali.
Parting with your favorite asset
In June 2010, Rybolovlev sold 53% of sharesUralkali to a group of Russian investors: Suleiman Kerimov (25%), Alexander Nesis (15%) and Filaret Galchev (13.2%). The cost of the deal was not disclosed, but it is reported that it amounted to about $ 5.3 billion.
In December 2010, Uralkali announced thatHe has plans to buy another large potash enterprise, Silvinit, and to form the largest potash producer in the world on the basis of these two firms. The merger was completed in July 2011. By that time in April 2011, Rybolovlev had already issued the sale of the remaining 10% of its shares in Uralkali to one of its new co-owners, Alexander Nesis. Thus, he received in his hands pure capital in cash, which will allow him to spend the second half of his life in accordance with his ideas about it.
Investments in the "Bank of Cyprus"
In September 2010, Rybolovlev bought a 9.7% stakein the "Bank of Cyprus". This was followed by his continued personal acquaintance with the country, which resulted in the decision to support the construction of the St. Nicholas Russian Orthodox Church in Limassol.
On March 25, 2013, the Eurogroup of the EU agreed withthe government of Cyprus, that "Bank of Cyprus" will take on its balance the remains of "Laiki Bank." To finance the transaction and keep the Bank of Cyprus from bankruptcy it was also decided that deposits with amounts in excess of € 100,000 will be reduced by 90%. In exchange, account holders will receive shares of the Bank of Cyprus, diluting the share of Rybolovlev in it.
Hobbies for football
In December 2011, a trust fund, operating fromthe daughter of Rybolovleva Catherine, bought 66% of the shares of the AS Monaco FC football club, which is in Monaco, but plays in the French football league. The remaining 34% of the club's shares belong to the ruling princely family of Monaco Grimaldi, and the purchase of the club by Rybolovlev was approved by Prince of Monaco Albert II. Russian billionaire Dmitry Rybolovlev was subsequently appointed president of the club.
After this appointment, "Monaco" became one of the most lavish clubs in European football, spending huge sums on players, including Falcao, James Rodriguez and João Moutinho.
In March 2015, in an interview with Nice Matin, Rybolovlev reaffirmed his long-term commitment to the club.
Rybolovlev is an active benefactor. He supported the restoration of the building of the Oranienbaum palace near St. Petersburg; finances the "Support Fund of the Russian Olympians" and the restoration of the Zachatiev Monastery in Moscow. Rybolovlev donated € 17.5 million for the restoration of the Nativity Cathedral of the Mother of God of this monastery. He also financed the restoration of the iconostasis of the Cathedral of the Exaltation of the Cross of the Lord in the Belogorsky Monastery of St. Nicholas. Apparently, to promote the recreation of the former beauty of historical and spiritual monuments of Russia became the life goal of such a person as Dmitry Rybolovlev.
The oligarch's personal life did not work out
Currently, he is going through a divorceA process that is rarely discussed publicly. In April 2012, Rybolovlev's spokesman admitted that "he was not an exemplary husband." Mr. Rybolovlev never denied his adultery, but his wife knew about it for many years and passively accepted them. "
Ex-wife Dmitry Rybolovleva earlier rejectedproposed by the ex-spouse the amount of compensation of $ 800 million. She wanted more money, and in May 2014 in Geneva, the court awarded her $ 4.8 billion in compensation. Nevertheless, the court also ruled that the trusts created for their daughters are inviolable for lawsuits. How many children does Dmitry Rybolovlev have? Daughter Catherine, born in 1989, and her sister Anna, born in 2001, are very wealthy people thanks to her father.
Nevertheless, the court included a combination of assets,transferred to the Fishermen's trustees of the two Cypriot trusts, in the calculation of the property of the spouses, which must be divided in equal parts between them in accordance with Swiss law. He also gave Helen Rybolovlev the right to have custody of her younger daughter Anna, and also transferred to her various property objects outside trusts, works of art and antiques.
At the same time, the lawyers of billionaire Dmitry RybolovlevThey said that they are going to appeal the decision of the court. And Mark Bonnant, a lawyer representing Elena Rybolovlev, in an interview in December 2014, admitted that the judicial decision passed in May 2014 did not represent a final decision, and that this "lengthy process" would be prolonged until a solution agreed upon by both parties was reached.
In June 2015 Rybolovlev's lawyers successfully appealed the decision of 2014. The Geneva court reversed the earlier decision, reducing compensation to 604 million Swiss francs, which is much less than the 800 million Swiss francs that Rybolovlev repeatedly offered to ex-wife. However, according to the latest decision, she received two property in Geneva.
Heal the spiritual wounds inflicted by his divorce, Rybolovlev actively surfs, especially in Hawaii.
In the list of billionaires of Forbes magazine for 2015, it is listed as the 156th number in the world with a net worth of $ 8.5 billion.