Gleb Fetisov Net Worth

Net Worth: $1.22 Billion
  • Source of Wealth:

    Telecom, Finance
  • Age:

  • Birth Place:

    Elektrostal, Moscow
  • Marital Status:

  • Full Name:

    Gleb Gennadievich Fetisov
  • Nationality:

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About Gleb Gennadievich Fetisov

Russian businessman Gleb Fetisov is the owner and chairman of the board of directors of My Bank who has an estimated net worth of $1.22 billion as of April 2016 according to Forbes. He is also the 53rd richest person in Russia and is ranked 792nd in the list of World Billionaires.

Born Gleb Gennadievich Fetisov, he has accumulated his estimated net worth of $1.9 billion when he started his career at the Central Economic Institute of Academy of Sciences of the USSR in 1990. He has also held various leading positions in commercial banks, and financial and industrial companies between 1993 and 1996. From 1996 to 2000, he was the arbitration manager of Achinsk alumina refinery in the Krasnoyarsk region.

Considered one of the most successful Russian businessmen and investors, Gleb Fetisov gained majority of his earnings as the majority stakeholder and Chairman of the Board in My Bank group. He also has a large stake in Altimo, the company that inherited the assets of Alfa Eco, the food-and-commodity trading business. In April 2012, Altimo sold its 25.1% stake for $5.2 billion to mobile phone operator Megafon owned by Alisher Usmanov. He has made around $740 million in the deal.

Mr. Fetisov is a significant investor in My Decker Capital, an investment firm in Beijing that has a fund that has poured around $100 million into New Cooperation Trade Chain, China’s largest retail chain, in 2011.

A graduate of Moscow State University with a degree in Economics, he also earned his doctorate in the university. He joined Alfa Group in 1995 and worked first at Alfa Eco. He later led the group in the takeover of an aluminum plant in Siberia. He is also a lobbyist and a member of the Federation Council, the upper house of the parliament. He stepped down in 2009. He became the head of the Green Alliance People’s Party, a new political party, in the spring of 2012.

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