Mumbai
₹ 13,870 /gm (1.41%)
Mikhail Dmitrievich Balakin, a prominent figure in Russia's business and political landscapes, was born on April 20, 1961. As the influential chairman of the SU-155 group, encompassing over 80 industrial and construction enterprises, and a seasoned Moscow politician, Balakin has significantly impacted Russia's urban development and infrastructure. His academic foundation in civil engineering from the Kuibyshev Moscow State University of Civil Engineering propelled him from a master to the pinnacle of construction management, culminating in his directorial position at SU-155 in 1990. Balakin's tenure in the Moscow mayor's office from 2000 to 2005 was marked by pivotal renovations, including the Bolshoi Theatre and the Moscow International House of Music. Returning as SU-155's chairman, his leadership saw the company's revenue surge by 35% in 2013. A Forbes-listed billionaire since 2005, Balakin's political endeavours include a mayoral run in 2018 and a seat in the Moscow City Duma, underscoring his multifaceted contributions to Russia's societal fabric.
April 20, 1961 in Serpukhov, Soviet Union
65 years
Construction
Construction & Engineering
Russia
Moscow
Bachelor of Arts / Science, Moscow Institute of Civil Engineering
one daughter
Mikhail Dmitrievich Balakin was born on April 20, 1961, in the Soviet Union. He grew up in a family with a strong tradition of engineering and construction. His father, Dmitry Balakin, was a civil engineer, and his mother, Valentina Balakin, was an architect.
Mikhail Balakin: Family
Mikhail Balakin is married and has one daughter. He is known for his strong family values and his commitment to supporting his loved ones.
Mikhail Balakin: Career Highlights
Mikhail Balakin's career in the construction industry began in 1983 when he graduated from Kuibyshev Moscow State University of Civil Engineering with a degree in civil engineering. He worked his way up from master to chief engineer over eight years, demonstrating his exceptional skills and leadership abilities.
In 1990, Balakin became the director of Construction Management No. 155 (SU-155), a company that would later become one of the largest construction companies in Russia. Under his leadership, SU-155 grew rapidly and became a publicly traded company in 1993. Balakin served as the co-owner and general director of SU-155, overseeing its successful expansion and diversification.
In 2000, Balakin moved to work in the Moscow mayor's office, where he was responsible for municipal projects and substandard housing renovation. During his tenure, he oversaw the renovation of several iconic landmarks in Moscow, including the Moscow International House of Music, the Bolshoi Theatre's new stage, the Square of Europe, and the MGU Library.
After leaving the mayor's office in 2005, Balakin returned to SU-155 as chairman. Under his leadership, the company continued to grow and expand, becoming a major player in the Russian construction industry. Balakin is the majority shareholder of SU-155 Group, which comprises over 80 industrial and construction businesses.
Mikhail Balakin: Companies
Mikhail Balakin is the chairman of the SU-155 group of companies, a leading Russian construction and development company. SU-155 is involved in a wide range of construction projects, including residential, commercial, and infrastructure development.
The company has a strong presence in Russia and has also expanded its operations internationally.
Mikhail Balakin: Major Achievements
Mikhail Balakin's major achievements include:
Mikhail Balakin: Awards & Achievements
Mikhail Balakin has received numerous awards and recognitions for his contributions to the construction industry and his philanthropic efforts. Some of his notable awards include:
Mikhail Balakin: Personal Life & Legacy
Mikhail Balakin is known for his dedication to his work and his commitment to social responsibility. He is actively involved in charitable activities and supports various educational and cultural initiatives. Balakin is also a keen sportsman and enjoys playing tennis and skiing.
Mikhail Balakin: Trivia
Mikhail Dmitrievich Balakin is born.
Balakin becomes director of Construction Management No. 155 (SU-155).
Balakin becomes co-owner and general director of SU-155 when it becomes publicly traded.
Balakin moves to work in the Moscow mayor's office, responsible for municipal projects and substandard housing renovation.
Balakin returns to SU-155 as chairman after leaving the mayor's office.
SU-155 revenue rises by 35% to 114.2 billion roubles.
Balakin sells his shares in NS Bank.
Balakin divests assets in management companies from SU-155 Group to focus on the core business.
Balakin is elected to the Moscow City Duma, representing the Liberal Democratic Party.
Balakin runs for Mayor of Moscow, nominated by the Union of Citizens party.
Balakin's registration is initially rejected due to insufficient signatures but later ordered by the Moscow City Court.
Balakin finishes last in the mayoral election with 1.87% of the vote.
What is Mikhail Balakin's net worth?
What are Mikhail Balakin's main sources of wealth?
In which industry does Mikhail Balakin primarily operate?
What is Mikhail Balakin educational background?
How old is Mikhail Balakin?
How many children does Mikhail Balakin have?
Who is Mikhail Dmitrievich Balakin and what is he known for?
What significant roles has Mikhail Balakin held in his career?
What are some major projects Mikhail Balakin has been involved in?
What achievements and recognitions has Mikhail Balakin received?
What has been Mikhail Balakin's involvement in politics?