Roman Avdeev Net Worth

Net Worth: $1.19 Billion
  • Source of Wealth:

    Banking and Development
  • Age:

  • Birth Place:

    Odintsovo, Moscow
  • Marital Status:

  • Full Name:

    Roman Avdeev
  • Nationality:

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About Roman Avdeev

Roman Avdeev is the owner of Credit Bank of Moscow and he has an estimated net worth of $1.19 billion in May 2016 according to Forbes. He was born in Odintsovo, Moscow on July 17, 1967 where he spent his childhood and studies.

With his estimated net worth of $1.4 billion, Mr. Ardeev is the 69th richest person in Russia and is ranked 1031st in the list of World Billionaires. He began his career in the late 1980's by producing decoders. He later bought a bank in the 1990's which only has fourteen employees. Along with the bank, he also began an agricultural business. By 2006, the large agricultural holding called Chernozemie was founded which included sugar mills and agricultural land. Since he thought that there is no significant growth prospects capitalization in the business, he sold the holding for quite a good price.

In the early 2000's, Roman Avdeev bought the retail network, Capital which he sold in 2003 with another good price. In 2008, he became the chairman of the Moscow Credit Bank. In 2012, 15% of the bank was bought for $190 million by the World Bank’s International Finance Corporation and the European Bank of Reconstruction and Development. Such move had successfully evened out the financial crisis in the last four years and the bank’s assets have grown more than four times, to $9 billion.