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Gavril Yushvaev Net Worth

Gavril Yushvaev Net Worth

Net Worth: $1.15 Billion

Statistics
  • Source of Wealth Food Industry, Real Estate
  • Birth Place Makhachkala, Russia
  • Marital Status Married
  • Full Name Gavril Abramovich Yushvaev
  • Nationality Russian
  • Date of Birth July 23, 1957
  • Occupation Businessman
  • Children six children
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About Gavril Yushvaev

Gavril Yushvaev is a Russian businessman and he has an estimated net worth of $1.15 billion as of May 2016. According to Forbes, he is the 85th richest person in Russia and the 1175th in the world. Born Gavril Abramovich Yushvaev on July 23, 1957 in Makhachkala, Russia, he moved to Moscow at a very young age. In 1980, he was given a long-term prison sentence for robbery. He was released in 1989 and immediately went into business in different fields.

Yushvaev earned his estimated net worth of $1.2 billion as the founder of Trinity which owns car dealerships, Cherry casino, one of the first gambling clubs in Russia, and Metelitsa, a popular Moscow dance club in the early 90’s. He works along with businessman David Yakobashvili.

Since 2005, Gavril Yushvaev has been a member of the Wimm-Bill-Dann Board of Directors. He is also one of the major shareholders in the milk and juice company. In 2008, Pepsico bought his 19.6% stake for about $1.1 billion as part of the beverage maker’s acquisition of all the Russian company’s share. In February 2013, he and fellow billionaire Zelimkhan Mutsoev bought the 38% stake of Mikhail Prokhorov in the gold producer Poryus Gold for $3.6 billion.

Yushvaev also serves as a member of the board of directors of several businesses that he founded and developed into large agricultural and real estate holdings. These include RusAgroProject where he was the president, Agrocomplex Gorki-2, Eisk Port Elevator, and Cattle Farm Naroosanovsky.