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Alexei Kuzmichev Net Worth

Alexei Kuzmichev Net Worth

Alexei Kuzmichev Net Worth $7.1 Billion

Alexei Kuzmichev is a Russian businessman with an estimated net worth of $7.1 billion as of February 2015 according to Forbes. Produced Alexei Viktorovich Kuzmichev on October 15, 1962 in Kirov, Russia, he studied at the Moscow Institute of Steel and Alloys. Kuzmichev earned his estimated net worth of $8.2 billion as one of the investors of Alfa Group together with fellow billionaires and faculty pals, German Khan and Mikhail Fridman. The firm is the biggest financial and industrial group in Russia. It commenced in 1989 as Alfa Eco which has now become Alfa Group Consortium. They also founded Alfa Bank in 1991, which is now the biggest private bank in Russia. In the late 1990’s, they purchased the Tyumen Oil in the state and merged it with BP’s Russian assets, hence, forming TNKBP. In the year 2012, the Alfa Group threesome and the AAR associates and billionaires Viktor Vekselberg and Leonard Blavatnik consented to sell a 50% stake in TNK-BP to state-owned Rosneft for $28 million. Kuzmichev is likely to gain more than $2.5 billion in cash. The threesome also owns stakes in Vympelcon, a cellular company. It also owns Russia’s biggest retailer, X5. A1 manages a portfolio off assets which comprised Nezavisimost, the largest auto sale company in Russia; two cinema networks, Kronwerk Cinema and Formula Kino; and BelMarket, the largest supermarket chain in Belorussia.

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