Andrei Molchanov Net Worth 2024

The estimated net worth of Andrei Molchanov is $1.65 billion USD.
Real Name Andrei Yuryevich Molchanov
Net Worth 2024 $1.65 billion USD
Birthday (Year-Month-Day) 1971-9-24
Nationality Russian
Occupation Businessman and Politician
Height 1.70 m or 5 ft 7 inches
Weight 52 kg or 115 pounds
Marital Status Married
Ethnicity
Education St. Petersburg State University and Russian State Academy of Management
Kids 5
Kids Names Aleksandra Molchanova



Andrey Molchanov
Андрей Молчанов
Official portrait, 2008
Member of the Federation Council from Leningrad Oblast
In office
30 January 2008 – 17 April 2013
Nominated byValeriy Serdyukov
Chairman of the Federation Council Committee on the Commonwealth of Independent States Issues
In office
December 2009 – 2013
Personal details
Born (1971-09-24) 24 September 1971 (age 53)
Saint Petersburg, Russian SFSR, Soviet Union
Alma materSaint Petersburg State University
ProfessionPolitician

Andrey Yuryevich Molchanov (Russian: Андрей Юрьевич Молчанов; born 24 September 1971) is a Russian businessman. Doctor of Economics. Honorary Builder of Russia. Honorary Citizen of Leningrad Region.[1] He is the founder and major shareholder of LSR Group (OJSC) and a former representative of Leningrad Oblast in the Federation Council of the Federal Assembly of the Russian Federation (2008—2013).

Education

In 1993 Molchanov graduated from the economic faculty of the Saint Petersburg State University, in 1998 graduated from the Russian Academy of Public Administration under the President of the Russian Federation (RAPA). Andrey Molchanov also holds a doctorate in Economic Sciences.[2]

Business

In 1993, he started a business in St. Petersburg. He acquired JSC «Stroydetal» (Russian: ОАО "Стройдеталь"), which included factories for the production of joinery products, concrete, reinforced concrete products, and metal structures. Mikhail Romanov (Russian: Михаил Романов, the uncle of Andrey Molchanov, became the CEO.[3]

In 1994, the JSC «Stroitelnaya Korporaciya Vozrozhdenie Sankt-Peterburga» was founded. The company was involved in the reconstruction and restoration of buildings.[4]

In 1996, the construction company «Lenstroirekonstruktsiya» was acquired, which gave its name to the group of companies — LSR. In 1997—1998, a brick factory — the Joint-Stock Company «Lenstroikkeramika» — and a quarrying enterprise for quarry and sea sand — the Joint-Stock Company «Rudas» — were acquired.[5]

In 1999, with the acquisition of the Closed Joint-Stock Company "NPO Keramika, " the LSR Group became the largest producer of bricks in St. Petersburg and the Leningrad Region.[6]

In 2001, a decision was made to enter the development market in Moscow, which led to the establishment of the Closed Joint-Stock Company «Mosstroirekonstruktsiya.» In 2003, a decision was made to enter the market of mechanized services, for which the tower crane operation company «UM-260» was acquired.[7]

During the Trump Tower Moscow deal before Donald Trump became United States President, Molchanov owned the property ”that could work for the tower”.[8][9]

LSR Group

On April 5, 2013, Molchanov was elected as the chairman of the board of directors of LSR Group after he submitted his resignation from the Federation Council.[10]

From April 2013 to April 2015, he served as the chairman of the board of directors of LSR Group.[11]

Since May 18, 2015, he has held the position of CEO of LSR Group and LSR LLC.[12]

On March 21, 2016, he was elected as the president of the National Association of Builders at the XI All-Russian Congress of Self-Regulating Organizations in Construction.

In 2017, he was recognized as the Top Manager of the Year by the newspaper Delovoy Peterburg.[13]

In 2018, Andrei Molchanov was awarded the title of Honorary Citizen of the Leningrad Region. In May 2018, the board of directors of LSR Group re-elected Molchanov as CEO for the next three years.[14]

In 2019, he won the «Residential Construction» nomination in the rating of the best top managers according to the publication of «Delovoy Peterburg».[15]

Politics

In the spring of 1994, 22-year-old Molchanov ran for the legislative assembly of St. Petersburg, representing the «Choice of Russia» political movement founded by Yegor Timurovich Gaidar. The first round of elections was held using a majoritarian system, with 50 deputies being elected by districts. Molchanov made it to the second round, where he lost to Alexander Prokhorenko.[16]

In 2007 Molchanov was appointed the Assistant of the Russian Federation public health services and social development Minister.[5]

Andrey Molchanov was a member of the Federation Council representing Valeriy Serdyukov, the Governor of Leningrad Oblast (elected in January 2008),[2] and the Chairman of the Council of Federation Committee on the Commonwealth of Independent States Issues (elected in December 2009).[2] Representing Leningrad Oblast, he was on the Council of the Federation of the Federal Assembly for the Russian Federation from 2008 until 2013.[3]

Philanthropy

In 2022, he allocated $2.5 million for the restoration of the house of architect Konstantin Melnikov in Krivo-Arbatsky Lane. He is the laureate of the 25th Golden Pelican Award in the nomination «For the revival of traditions of patronage and support for the arts».[17]

He funds the education of musically gifted children in the Leningrad Region.[18]

Income and property

Molchanov owns a $120 million yacht called Aurora.[19] He also has Cypriot citizenship.[20]

In January 2018, Molchanov was placed on the United States Department of Treasury «Oligarchs List» of persons who are close to Vladimir Putin.[21] The list, which the US administration had been required by law to release, includes 114 senior political figures and 96 oligarchs, all of whom rose to prominence under Russian President Vladimir Putin.[22]

Family

Molchanov is married and has six children.[3][23] Molchanov wife’s name is Elizaveta Molchanova. She is involved in charity work and is the initiator of the «Dobrotorium» Foundation.[24]

His stepfather, Yuriy Molchanov, was a vice rector for international relations at Leningrad State University (LSU).[25] He was the Deputy Governor of Saint Petersburg between 2004 and 2012.[26]

References

  1. ^ "Область выбрала почетных граждан".
  2. ^ a b c "Molchanov Andrey Yuriyevich" МОЛЧАНОВ АНДРЕЙ ЮРЬЕВИЧ. совет федерации / Члены Совета Федерации website (Federation Council / Federation Council Members website) (in Russian). Archived from the original on 4 April 2008. Retrieved 23 August 2008.
  3. ^ a b c "Molchanov Andrey Yuriyevich" Молчанов Андрей Юрьевич. Delovoy Peterburg (in Russian). Archived from the original on 21 February 2020. Retrieved 13 March 2020.
  4. ^ Жданова, Татьяна (Zhdanova, Tatyana) (27 June 2017). Волны приватизации: что надо было купить в 1994 году, чтобы стать миллиардером: Редакция "ДП" к 25-летнему юбилею первых приватизационных сделок в Петербурге изучила судьбу 130 крупных городских объектов, попавших в первые две крупные волны приватизации в 1992 и 1994 годах. Многие из них стали основой для капиталов будущих петербургских миллиардеров. [Waves of privatization: what you had to buy in 1994 to become a billionaire: The editors of DP on the 25th anniversary of the first privatization deals in St. Petersburg studied the fate of 130 large city facilities that fell into the first two large waves of privatization in 1992 and 1994. Many of them became the basis for the capital of future St. Petersburg billionaires.]. Delovoy Peterburg (in Russian). Retrieved 13 March 2020.{{cite news}}: CS1 maint: multiple names: authors list (link)
  5. ^ a b Лоссан, Алексей (Lossan, Alexey) (28 January 2008). Андрей Молчанов: дома из песка и тумана [Andrey Molchanov: houses made of sand and fog]. Rospres (in Russian). Archived from the original on 22 January 2009. Retrieved 13 March 2020.{{cite news}}: CS1 maint: multiple names: authors list (link)
  6. ^ "Монополисты поделят рынок стройматериалов".
  7. ^ "Группа ЛСР приземлилась в Москве".
  8. ^ Alexander, Dan; Behar, Richard (23 May 2019). "The Truth Behind Trump Tower Moscow: How Trump Risked Everything For A (Relatively) Tiny Deal". Forbes. Retrieved 12 March 2020.
  9. ^ Alexander, Dan; Behar, Richard (23 May 2019). "Trump Tower Moscow: TowerGate Relationships". Forbes. Retrieved 12 March 2020.
  10. ^ "Миллиардер Молчанов досрочно покинул Совфед. 17.04.2013 Lenta.ru". Archived from the original on 2022-05-06. Retrieved 2022-05-06.
  11. ^ "Радио ЭХО Москвы :: Новости / Совет Федерации лишился ещё одного из членов". Archived from the original on 2013-04-20. Retrieved 2013-04-18.
  12. ^ "Гендиректором группы ЛСР стал ее основатель Андрей Молчанов". vedomosti.ru. 15 May 2015. Archived from the original on 2017-12-25. Retrieved 2017-12-25.
  13. ^ "Награждение лучших топ-менеджеров года". 30 November 2017.
  14. ^ Андрей Молчанов на три года переизбран гендиректором Группы ЛСР. 17.05.2018
  15. ^ "ТОП-100 — 2020".
  16. ^ "Андрей Молчанов: путешествие из Петербурга в Москву. Forbes 14.10.2015". 14 October 2015. Archived from the original on 2022-04-29. Retrieved 2022-04-29.
  17. ^ ""Не то башня, не то труба": почему реставрация дома Мельникова затянулась на 16 лет". 22 August 2022.
  18. ^ ""Мой принцип - держать слово", Сенатор Андрей Молчанов о работе Сергея Бебенина".
  19. ^ "AURORA Yacht - Andrey Molchanov's $120M Superyacht". 2021-04-29. Retrieved 2022-02-22.
  20. ^ Наталья Демченко (April 7, 2022). "Кипр аннулирует паспорта четверых попавших под санкции россиян" (in Russian). Rbc.ru. Retrieved May 20, 2022.
  21. ^ "Russian Individuals Named on US 'Oligarch List'". VOA. 30 January 2018. Retrieved 13 March 2020.
  22. ^ "The full 'Putin list' of Russian oligarchs and political figures released by the US Treasury". edition.cnn.com.
  23. ^ Молчанов Андрей Юрьевич [Molchanov Andrey Yuriyevich] (in Russian). Archived from the original on 25 June 2010. Retrieved 9 April 2010.
  24. ^ "К Международному дню защиты детей".
  25. ^ "Молчанов Андрей Юрьевич". Forbes.ru. 15 April 2011. Retrieved 16 May 2021.
  26. ^ "Молчанов Юрий Вячеславович биография и пресс-портрет". whoiswho.dp.ru (in Russian). Retrieved 16 May 2021.

Fact Sheet

  • Wondering what Andrei Molchanov's full name is? Andrei Molchanov's full name is Andrei Yuryevich Molchanov
  • Andrei Molchanov is Russian
  • What does Andrei Molchanov do? Andrei Molchanov's job is being a(n) Businessman and Politician
  • Andrei Molchanov was born on 1971-9-24
  • How old is Andrei Molchanov? Andrei Molchanov is 53 years old
  • Andrei Molchanov is currently Married
  • Which college/university did Andrei Molchanov go to? Andrei Molchanov went to St. Petersburg State University and Russian State Academy of Management
  • Andrei Molchanov has 5 child/children
  • Andrei Molchanov's kids are Aleksandra Molchanova

FAQ

Andrei Molchanov 2024 net worth is $1650 million USD
Andrei Molchanov has a networth of $1650 million USD
Andrei Molchanov has an estimated wealth of $1650 million USD
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