Mikail Shishkhanov

$2.30 B

Ranked #896 in World

About Mikail Shishkhanov

In a significant financial downturn, Mikail O. Shishkhanov, once a prominent Russian businessman and financier with a net worth of $2.3 billion in 2017, has been declared bankrupt as of July 3, 2023. Shishkhanov, previously ranked 44th in Forbes Russia and the former main shareholder of Russian Binbank, lost his assets and the bank in September 2017 due to a compulsory takeover by the Russian central bank. The Moscow Arbitration Court has now ordered the sale of his remaining properties to cover a colossal debt of 853 billion rubles. Born in Grozny, Chechen Republic, Russia, on August 6, 1972, Shishkhanov pursued a successful early career, attaining a master's degree from Patrice Lumumba Peoples' Friendship University of Russia in 1995 and further academic honors in economics and law. His life has spanned a range of interests from chess and boxing to controlling a significant 59.4% share of B&N Bank and ownership in other major development companies, a stark contrast to his current financial predicament.

Born

August 06, 1972 in Grozny, Russia

Age

53 years

Source Of Wealth

Oil, Banking, Real Estate

Industries

Diversified

Citizenship

Russia

Residence

Moscow

Education

Master of Science, Finance Academy under the Government of the Russian Federation

Spouse

Svetlana Shishkhanova

Children

Mikail O. Shishkhanov, a prominent Russian businessman and financier, was born on August 6, 1972, in Grozny, Chechen Republic, Russia. Little is known about his early life and childhood, but he rose to prominence in the business world through his remarkable achievements and entrepreneurial ventures.

Mikail Shishkhanov: Family

Mikail Shishkhanov is a married man and a father of four children. However, details about his family members and personal life remain private, as he maintains a low profile regarding his family matters.

Mikail Shishkhanov: Career Highlights

Shishkhanov's career is marked by significant milestones and achievements. He gained prominence as the majority shareholder (59.4%) of B&N Bank (Public Joint-Stock Company) and the owner of ROST Bank until 2017. His business acumen and strategic leadership contributed to the success and growth of these financial institutions.

However, in September 2017, Shishkhanov faced a major setback when the Russian government imposed a compulsory takeover of Binbank, Rost Bank, Binbank Digital, and Uralprivatbank. This resulted in the loss of his banks, industrial assets, and his esteemed position on the Forbes ranking.

Mikail Shishkhanov: Companies

Prior to the compulsory takeover, Shishkhanov was the co-owner of several leading development companies. These included INTECO Russian corporate site and Private joint-stock company "Patriot," where he held a total shareholding of 95%. His involvement in these companies demonstrated his diverse business interests and entrepreneurial spirit.

Mikail Shishkhanov: Major Achievements

Despite the challenges he faced, Shishkhanov achieved notable milestones throughout his career. In 2017, his net worth was estimated at $2.3 billion, ranking him 44th on the Forbes Russia list. This recognition highlighted his financial success and prominence in the Russian business landscape.

Mikail Shishkhanov: Awards & Achievements

Shishkhanov's contributions to the business world were recognized through various awards and achievements. He became a Doctor of Economics, Ph.D. in law, and Associate Member of the Russian Academy of Natural Sciences by the year 2000.

These accolades showcased his intellectual prowess and expertise in the fields of economics and law.

Mikail Shishkhanov: Personal Life & Legacy

Shishkhanov maintains a relatively private personal life, with limited information available about his hobbies and interests. However, it is known that he enjoys chess and boxing, demonstrating his diverse pursuits outside the realm of business.

Mikail Shishkhanov: Trivia

On July 3, 2023, Shishkhanov was declared bankrupt with a staggering debt of 853 billion rubles. As a result, his remaining property was ordered to be sold to cover the outstanding debt. This turn of events marked a significant downfall for the once-prominent businessman.

Wealth History

Timeline

August 6, 1972

Mikail O. Shishkhanov was born in Grozny, Chechen Republic, Russia.

1995

Shishkhanov graduated from Patrice Lumumba Peoples' Friendship University of Russia with a master's degree in economics and law.

2000

Shishkhanov became a Doctor of Economics, Ph.D. in law, and Associate Member of the Russian Academy of Natural Sciences.

2017

Shishkhanov lost Binbank and all assets due to compulsory takeover by the Russian central bank.

July 3, 2023

Shishkhanov was declared bankrupt with a debt of 853 billion rubles.

Mikail Shishkhanov : FAQs

What is Mikail Shishkhanov's net worth?

As of 2017, Mikail Shishkhanov's net worth was $2.30 billion.

What are Mikail Shishkhanov's main sources of wealth?

Mikail Shishkhanov's main source of income comes from Oil, Banking, Real Estate.

In which industry does Mikail Shishkhanov primarily operate?

Mikail Shishkhanov is primarily involved in the Diversified industry.

What is Mikail Shishkhanov educational background?

Mikail Shishkhanov holds a Master of Science from Finance Academy under the Government of the Russian Federation.

How old is Mikail Shishkhanov?

Mikail Shishkhanov is 53 years old.

How many children does Mikail Shishkhanov have?

Mikail Shishkhanov has 4 children.

Who is Mikail O. Shishkhanov and what is his significance in the Russian business world?

Mikail O. Shishkhanov is a prominent Russian businessman and financier, known for being the former main shareholder of Russian Binbank in 2017 and having a net worth of $2.3 billion, ranking him 44th in Forbes Russia at that time. His business ventures faced a setback when he lost Binbank and all associated assets during a compulsory takeover by the Russian central bank in September 2017, leading to his declared bankruptcy in July 2023.

What led to Mikail O. Shishkhanov's bankruptcy declaration in 2023?

Mikail O. Shishkhanov was declared bankrupt on July 3, 2023, as a result of accumulating a debt of 853 billion rubles after losing control of his business holdings, including Binbank, due to a compulsory takeover by the Russian central bank in September 2017. Following this, his remaining property was ordered to be sold to cover the debt.

What were the key career milestones for Mikail O. Shishkhanov before his financial turmoil?

Before facing financial challenges, Mikail O. Shishkhanov was a key figure in the Russian banking and real estate sectors. As a majority shareholder of B&N Bank and owner of ROST Bank until 2017, and co-owner of leading development companies such as INTECO and Private joint-stock company "Patriot", he was significantly influential. However, the compulsory government takeover of his banking assets in 2017 marked the beginning of his financial difficulties.

How did Mikail O. Shishkhanov's personal interests and family life influence his career and public image?

Mikail O. Shishkhanov, married with four children, has personal interests in chess and boxing. These hobbies reflect a strategic and competitive nature, qualities beneficial to his business and financial tactics. His family life and interests contributed to his persona as a balanced individual, combining intellect and physical activity, which may have positively influenced his professional relationships and public image.