Russian businessmanMikhail Balakin comes with an estimated net worth of $1.8 billion as of March 2013 according to Forbes. He is best connected withCD-155, a construction company which was founded in 1954. By the time of its own foundation, the company was known as “Stroymontazhtrest Number 3”.A portion of the firm’s revenue comes from state projects but a tremendous ball of it comes from private and commercial construction. Balakin is a graduate ofMoscow Institute of Civil Engineering. Forbes reports that he is married and has one child. In 1993, the company division which he worked for became private, and subsequently, he took major control of it.