Source of Wealth:Fertilizers
Full Name:Andrei Guriev
Occupation:Shareholder at Fosagro
Education:State Central Institute of Physical Culture
About Andrei Guriev
Andrei Guriev is a Russian senator and he has an estimated net worth of $3.8 billion as of May 2015 according to Forbes. He is also the 28th richest person in Russia and 329th in the world. He finished his bachelor’s degree at the State Central Institute of Physical Culture.
Guriev has accumulated his estimated net worth of $4 billion as a senator from Murmansk Oblast and with his control of one of the world’s four biggest phosphor fertilizers producers, Fosagro. It produces fertilizer, phosphates, and feed phosphates, which continues to benefit with the booming fertilizer industry. The firm bought in September 2012 from the state a 20% interest in Apatit, a company based in the Murmansk region that engages in the extraction of apatite rock. It is its most important source of raw materials. Currently, Fosagro owns 77.6% of the company.
Andrei Guriev used to be a Moscow communist committee leader who later became an avid capitalist in the 1990's. He worked with Mikhail Khodorkovsky in the Menatep Group. He eventually became the chairman of its subsidiary Apatit. When Khodorkovsky was jailed for several years and was under prosecution, he led a management buyout in order to acquire the control of Apatit.
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