Boris Mints

$1.30 B

Ranked #1567 in World

About Boris Mints

Born in Rybnitsa, Moldova, on July 24, 1958, Boris Iosifovich Mints has emerged as a notable Russian oligarch with substantial investments in real estate and finance. He is a co-founder of Otkritie FC Bank and holds the prestigious rank of 1st class Active State Councillor of the Russian Federation. Despite his impressive career, Mints is an outspoken critic of Vladimir Putin and the 2022 invasion of Ukraine. Coming from a Jewish family, Mints achieved a bachelor's degree in physics and later a PhD in technical sciences. His career trajectory includes influential roles such as vice mayor of Ivanovo, head of the main department of Public Assets of the Russian Federation, and general director of REN TV. Mints also founded the O1 Group investment company, focusing on real estate and financial sectors, and has been involved in significant international legal cases related to his business endeavors. Besides his professional life, Mints is actively involved in social and communal organizations and has been vocal about his criticisms of Putin's administration.

Born

July 24, 1958 in Răbniăa, Moldavian SSR, USSR

Age

67 years

Source Of Wealth

Real Estate

Industries

Real Estate

Citizenship

Russia

Residence

Moscow

Education

Bachelor of Arts / Science, Ivanovo State University

Spouse

Marina Vladimirovna Mints

Children

Boris Iosifovich Mints was born on July 24, 1958, in Rybnitsa, Moldavian SSR, USSR (now Moldova). He comes from a Jewish family background. Mints earned a bachelor's degree in physics from Ivanovo State University in 1980, followed by a PhD in technical sciences and becoming an associate professor of higher mathematics.

Boris Mints: Family

Boris Mints is married to Marina Vladimirovna Mints, and they have four children together. He enjoys playing chess and tennis in his free time and has a passion for collecting Russian paintings and graphics, primarily from the late 19th and early 20th centuries. Mints established the private Museum of Russian Impressionism in Moscow based on his extensive collection.

Boris Mints: Career Highlights

Mints' career spans various sectors and leadership positions. He worked at Ivanovo Textile Institute from 1983 to 1990 while simultaneously contributing to a Youth Center for Scientific Creativity from 1987 to 1990. In 1990, he was appointed vice mayor of Ivanovo and chaired the city property management committee (CPMC) until 1994. This role led him to meet Anatoly Chubais, chairman of the State Committee of the Russian Federation for State Property Management, which prompted Mints to move to Moscow and work at the State Property Committee.

Mints held several prominent positions in the Russian government, including head of the main department of Public Assets Ministry of the Russian Federation from 1994 to 1996. He then served as Head of the Office of the President of the Russian Federation for Issues of Local Governance and Secretary of the Council for Local Government in the Russian Federation from 1996 to 2000. In the early 2000s, he chaired the executive committee and finance and budget committee of the political party "Union of Right Forces."

Mints ventured into the media industry when he became the general director of REN TV from 2001 to 2003.

His entrepreneurial spirit led him to co-found "VEO-Otkritie" with Vadim Belyaev in 2003. This partnership marked the beginning of his involvement in the financial sector. Mints acquired 50% of Investment Group Otkritie Ltd. and became chairman of the board of directors. He served as chairman of Otkritie Financial Corporation from 2004 to 2013 and president from 2012 to 2013.

Mints' business acumen extended beyond finance. He founded the O1 Group investment company in 2004, focusing on real estate and financial sectors. In 2010, he established O1 Properties investment company to manage real estate assets. Through O1 Group, Mints acquired pension business assets, including several pension funds. He also made significant investments in Austrian companies CA Immo and Immofinanz between 2014 and 2015.

Mints' Future Financial Group held a public offering (IPO) of ordinary shares of FG Future on the Moscow stock exchange in October 2016. However, in September 2018, he sold O1 Properties and the Future Financial Group.

Boris Mints: Companies

Boris Mints has been involved with numerous companies throughout his career, including:

Otkritie FC Bank
O1 Group
O1 Properties
VEO-Otkritie
Investment Group Otkritie Ltd.
Otkritie Financial Corporation
Future Financial Group
CA Immo
Immofinanz
REN TV

Boris Mints: Major Achievements

Mints' major achievements include:

Co-founding Otkritie FC Bank
Serving as chairman of Otkritie Financial Corporation and president
Founding the O1 Group investment company
Establishing O1 Properties investment company
Acquiring pension business assets through O1 Group
Making significant investments in Austrian companies CA Immo and Immofinanz
Holding the public offering (IPO) of ordinary shares of FG Future on the Moscow stock exchange

Boris Mints: Awards & Achievements

Mints has received numerous awards and recognitions, including:

First recipient of the Vladimir Spivakov International Charity Foundation's Miloserdiye ("Mercy") prize

Boris Mints: Personal Life & Legacy

Mints is known for his philanthropic efforts and involvement in social and communal organizations. He serves as chairman of the board of trustees of the Conference of European Rabbis, Presiding Board Bureau member of the Russian Jewish Congress, and vice-president of the World Jewish Congress.

Mints is also the president and founder of the Boris Mints Institute for Strategic Policy Solutions to Global Challenges at Tel Aviv University. Additionally, he is the founder of the Yegor Gaidar international foundation and a former chairman. Mints is a member of the board of directors of the G.N. Romanov Center for rehabilitating children with mobility issues and a member of the board of governors of Tel Aviv University.

Boris Mints: Trivia

Mints holds the federal state civilian service rank of 1st class Active State Councillor of the Russian Federation. He is an outspoken critic of Vladimir Putin and the 2022 Russian invasion of Ukraine. Mints was one of the first Russian businessmen to protest against the invasion and publicly condemned it, drawing parallels to Hitler's invasion of Poland in 1939. He has supported relief campaigns and aided Ukrainian refugees in the UK, even meeting with the Ukrainian Ambassador to the UK to express his support.

Wealth History

Timeline

July 24, 1958

Boris Iosifovich Mints is born in Rybnitsa, Moldavian SSR, USSR (now Moldova).

1980

Earns a bachelor's degree in physics from Ivanovo State University.

1983-1990

Works at Ivanovo Textile Institute.

1987-1990

Simultaneously works at a Youth Center for Scientific Creativity.

1990

Appointed vice mayor of Ivanovo and chairs the city property management committee (CPMC) until 1994.

1994-1996

Serves as head of the main department of Public Assets Ministry of the Russian Federation.

1996-2000

Head of the Office of the President of the Russian Federation for Issues of Local Governance and Secretary of the Council for Local Government in the Russian Federation.

Early 2000s

Chairs the executive committee and finance and budget committee of political party "Union of Right Forces".

2001-2003

General director of REN TV.

2003

Co-founds "VEO-Otkritie" with Vadim Belyaev.

2004

Buys 50% of Investment Group Otkritie Ltd. and becomes chairman of the board of directors.

2004-2013

Serves as chairman of Otkritie Financial Corporation.

2004

Founds the O1 Group investment company, focusing on real estate and financial sectors.

2010

Establishes O1 Properties investment company for managing real estate assets.

2012-2013

President of Otkritie Financial Corporation.

2014-2015

Acquires shares in Austrian companies CA Immo and Immofinanz.

October 2016

Future Financial Group holds a public offering (IPO) of ordinary shares of FG Future on the Moscow stock exchange.

September 2018

Sells O1 Properties and the Future Financial Group.

July 2017

Otkritie FC Bank receives a BBB− rating from ARCA, triggering an outflow of deposits and leading to a restructuring transaction.

August 2017

The Central Bank of Russia (CBR) intervenes and takes the bank into temporary administration.

October 2017

Otkritie, now managed by the CBR, initiates a claim against 10 respondents, including the O1 Group.

June 2019

CBR managed Otkritie petitions the High Court in the UK to freeze $572 million of Mints' assets, including a mansion in Scotland.

November 2019

Mints files a counter claim, alleging a campaign against him and his business by Russian authorities, resulting in significant financial losses.

August 2020

The case is heard in court, and the parties await the decision in 2021.

May 2021

Interpol rejects an arrest warrant request from Russia to try Mints on embezzlement charges.

Boris Mints : FAQs

What is Boris Mints's net worth?

As of 2017, Boris Mints's net worth was $1.30 billion.

What are Boris Mints's main sources of wealth?

Boris Mints's main source of income comes from Real Estate.

In which industry does Boris Mints primarily operate?

Boris Mints is primarily involved in the Real Estate industry.

What is Boris Mints educational background?

Boris Mints holds a Bachelor of Arts / Science from Ivanovo State University.

How old is Boris Mints?

Boris Mints is 67 years old.

How many children does Boris Mints have?

Boris Mints has 4 children.

Who is Boris Iosifovich Mints and what are his main business interests?

Boris Iosifovich Mints, born on July 24, 1958, in Rybnitsa, Moldavian SSR, USSR (now Moldova), is a Russian oligarch with primary interests in real estate and finance. He is the co-founder of Otkritie FC Bank and holds a significant position as a 1st class Active State Councillor of the Russian Federation.

Can you outline Boris Mints’ involvement with Otkritie Financial Corporation and the creation of O1 Group?

Boris Mints co-founded VEO-Otkritie with Vadim Belyaev in 2003, leading to his chairman role at Otkritie Financial Corporation from 2004 to 2013. In 2004, he founded the O1 Group investment company, focusing on the real estate and financial sectors, and later established O1 Properties for managing real estate assets in 2010.

What are the key points in the legal case involving Otkritie Bank and Boris Mints?

In August 2017, the Central Bank of Russia intervened in Otkritie FC Bank due to financial instability, leading to a significant bailout. Following this, Otkritie, under the CBR's management, filed a lawsuit against Mints' O1 Group among others. The UK High Court froze Mints' assets in 2019, but Interpol rejected an arrest warrant from Russia for embezzlement charges against Mints in May 2021.

How does Boris Mints contribute to social and communal organizations?

Boris Mints is actively involved in several social and communal organizations. He is the chairman of the board of trustees of the Conference of European Rabbis, a presiding board bureau member of the Russian Jewish Congress, and the vice-president of the World Jewish Congress. He also founded the Boris Mints Institute at Tel Aviv University and supports various charitable causes.