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Russian businessman, Andrey Igorevich Melnichenko has a net worth of $13.7 billion in April 2019. The son of a respected Soviet physicist, Melnichenko excelled in his studies and entered the prestigious Mathematics & Physics Institute of Moscow State University. In 1991 communism fell and Melnichenko dropped out. Together with some schoolmates he started a tourism business, sold computers, established a chain of currency exchange booths; in 1993 he founded MDM Bank, which handled the accounts of oil tycoon Roman Abramovich and other businessmen. With fellow billionaire Sergei Popov, he began buying up assets, creating TMK, Russia's largest pipe exporter; as well as Eurochem and SUEK. In 2006 the partners started splitting their business empire; Melnichenko kept Eurochem and a stake in SUEK. He is the owner of the $300-million megayacht "A", which resembles a submarine.

Andrey Melnichenko's Yacht "A" by Phillipe Starck. Named for the first initial of Andrey and Aleksandra Melnichenko. With a length of 119 meters (390 ft) and displacing almost 6,000 tonnes, it is one of the largest motor yachts in the world.

Earnings & Financial Data

Date

Category

Description

Amount

2011

Asset

Value of his Pied-à-terre penthouse apartment in New York

$12,200,000

2009

Asset

Value of his yacht

$300,000,000