Roman Avdeev Net Worth $1.4 Billion
Roman Avdeev is the owner of Credit Bank of Moscow and he has an estimated net worth of $1.4 billion as of March 2013 according to Forbes. He started his profession in the late 1980’s by creating decoders. He afterwards bought a bank in the 1990’s which just has fourteen workers. Along with the bank, he also started an agricultural business. By 2006, the large agricultural holding called Chernozemie was founded which contained sugar mills and agricultural land. Since he thought that there is no critical increase prospects capitalization in the business, he sold the holding for a significant good price. In the early 2000’s, Roman Avdeev bought the retail network, Capital which he sold in 2003 with another good price. In the year 2012, 15% of the bank was bought for $190 million by the World Bank’s International Finance Corporation and also the European Bank of Reconstruction and Development. Such move had successfully evened out the monetary disaster in the last four years as well as the bank’s assets have grown more than four times, to $9 billion.