Andrei Borodin

$1.00 B

Ranked #1140 in World

About Andrei Borodin

Andrey Fridrikhovich Borodin, a notable Russian financial expert, economist, and former President of Bank of Moscow until 2011, faced dismissal amid the Premier Estate criminal case, leading to charges of abuse of authority. His journey from serving in the KGB Border Troops to studying economics at prestigious institutions and working for Dresdner Bank in Germany laid the foundation for his significant role in transforming Bank of Moscow into a national banking powerhouse. Despite opposition, Borodin's stake in the bank was overtaken by VTB following Yury Luzhkov's dismissal, culminating in a controversial $14 billion bail-out due to alleged financial mismanagement. Facing criminal charges, Borodin sought refuge in the UK, where he was granted political asylum in 2013 and has since been involved in British GT Championship racing. His acquisition of Park Place, Britain's most expensive house, and subsequent legal battles highlight his tumultuous yet impactful career.

Born

May 24, 1967 in Moscow, Russian SFSR, Soviet Union

Age

58 years

Source Of Wealth

Banking

Industries

Finance

Citizenship

Russia

Residence

Moscow

Education

Bachelor of Arts / Science, Moscow Institute of Finance

Spouse

Oxana Fedorova (Married: 2011)

Children

Andrey Fridrikhovich Borodin, a prominent Russian financial expert, economist, and businessman, was born on February 2, 1967, in Moscow, Russia. His early years and childhood were shaped by the political and economic landscape of the Soviet Union during that time.

Andrei Borodin: Family

Borodin comes from a family with a strong academic background. His father, Fridrikh Borodin, was a professor of economics, while his mother, Lyudmila Borodina, was a teacher. Borodin's upbringing instilled in him a passion for learning and a keen interest in economic matters.

Andrei Borodin: Career Highlights

Borodin's career trajectory is marked by significant achievements and leadership positions. He served in the KGB Border Troops from 1985 to 1987, demonstrating his commitment to national service. Subsequently, he pursued higher education in economics, studying at the Moscow Finance Institute and the University of Passau in Germany. His expertise in economics led him to work for Dresdner Bank in Germany from 1991 to 1993, gaining valuable experience in the banking sector.

Andrei Borodin: Companies

Borodin's most notable association is with Bank of Moscow, where he served as President until 2011. During his tenure, he played a pivotal role in transforming the bank from a local institution into a prominent national bank with a diverse range of services. His leadership and strategic vision contributed to the bank's growth and success.

Andrei Borodin: Major Achievements

One of Borodin's major achievements was the significant increase in his stake in Bank of Moscow, along with his ally Lev Alaluev. Together, they acquired over 20.32% ownership of the bank, solidifying their influence and control over its operations.

Andrei Borodin: Awards & Achievements

Borodin's contributions to the banking industry and his leadership at Bank of Moscow have garnered recognition and accolades. However, specific details about awards and achievements are not readily available.

Andrei Borodin: Personal Life & Legacy

Borodin's personal life has been marked by both professional success and personal challenges.

His exile from Russia and subsequent political asylum in the UK highlight the complexities of his journey. Despite these setbacks, he has continued to pursue his interests, including his passion for racing, competing in prestigious championships such as the British GT Championship and GT Cup Championship with Greystone GT.

Andrei Borodin: Trivia

Borodin made headlines in 2012 when he purchased Park Place, Britain's most expensive house. This extravagant acquisition reflects his financial success and prominence in the business world.

Wealth History

Timeline

1985-1987

Served in the KGB Border Troops.

1991-1993

Worked for Dresdner Bank in Germany.

1994

Joined Bank of Moscow as an economics and finance adviser to the Mayor of Moscow, Yury Luzhkov.

2010

Luzhkov was dismissed, and the new mayor announced plans to sell the Moscow government's stake in Bank of Moscow.

2011

Borodin was dismissed from his position as President of Bank of Moscow due to the Premier Estate criminal case and charged with abuse of authority.

2012

Borodin bought Park Place, Britain's most expensive house.

February 2013

Granted political asylum in the UK, accusing Russian Prime Minister Dmitry Medvedev of initiating his persecution.

2015

Russian Court ordered the seizure of his Park Place mansion.

Andrei Borodin : FAQs

What is Andrei Borodin's net worth?

As of 2011, Andrei Borodin's net worth was $1.00 billion.

What are Andrei Borodin's main sources of wealth?

Andrei Borodin's main source of income comes from Banking.

In which industry does Andrei Borodin primarily operate?

Andrei Borodin is primarily involved in the Finance industry.

What is Andrei Borodin educational background?

Andrei Borodin holds a Bachelor of Arts / Science from Moscow Institute of Finance.

How old is Andrei Borodin?

Andrei Borodin is 58 years old.

How many children does Andrei Borodin have?

Andrei Borodin has 3 children.

Who is Andrey Fridrikhovich Borodin and what is his background in finance?

Andrey Fridrikhovich Borodin is a Russian financial expert, economist, and businessman, known for being the former President of Bank of Moscow until 2011. His career was marked by significant growth in the bank's operations and a controversial dismissal due to criminal charges.

What led to Andrey Borodin's dismissal from Bank of Moscow?

Andrey Borodin was dismissed from his position at Bank of Moscow following the Premier Estate criminal case, where he was charged with abuse of authority. This event significantly impacted his career and led to his eventual departure from Russia.

How did Andrey Borodin respond to the takeover of Bank of Moscow by VTB?

Andrey Borodin opposed the takeover of Bank of Moscow by VTB, a state-controlled bank, after the dismissal of Moscow's Mayor Yury Luzhkov in 2010. Despite contesting the legality of the takeover, his protests were dismissed by the court, leading him to sell his stake in the bank.

What circumstances led to Andrey Borodin receiving political asylum in the UK?

Andrey Borodin was granted political asylum in the UK in February 2013 after facing several criminal charges related to theft and fraud at Bank of Moscow. He accused Russian Prime Minister Dmitry Medvedev of initiating his persecution, which contributed to his decision to seek asylum.

What are Andrey Borodin's activities and achievements outside of his banking career?

Outside of his banking career, Andrey Borodin has made a name for himself in motorsports, competing in the British GT Championship and GT Cup Championship with Greystone GT, and previously in the Porsche Sprint Challenge series.