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Russian billionaire Vladimir Petrovich Yevtushenkov, known for his extensive business domain Sistema holding 49.2%, remains a pivotal figure in global economic circles, notably within the Russian-Saudi Economic Council. With academic credentials in chemistry and economics, Yevtushenkov's journey from a Moscow government department head to establishing a leading conglomerate underscores his acumen. Despite challenges, including sanctions and asset freezes, his net worth, once on Forbes' billionaire list, attests to his enduring influence in finance and investments, with personal and familial roots anchored in Moscow's Odintsovo district.
September 25, 1948 in Smolensk, Smolensk Oblast, Russian SFSR, Soviet Union (now Russian Federation)
77 years
Telecom, Investments
Telecom
Russia
Moscow
Master of Science in Engineering, Mendeleyev Chemical Engin; Master of Economics, Moscow State University
Nataliya Nikolayevna
2
Vladimir Petrovich Yevtushenkov, a Russian billionaire business oligarch, was born on September 1, 1948, in the village of Alabushevo, Moscow Oblast, Russian SFSR, Soviet Union. He holds a Master's degree in chemistry (1973) and economics (1980), as well as a PhD in economics (1986).
Vladimir Yevtushenkov: Family
Yevtushenkov is married to Natalya Nikolayevna and they reside in the Odintsovo city district of Moscow. They have two children: son Felix, an entrepreneur and investor, and daughter Tatiana, who is involved in investments and finance. Yevtushenkov is of Jewish descent.
Vladimir Yevtushenkov: Career Highlights
Yevtushenkov worked as an engineer, chief engineer, and first deputy general director in various companies before being appointed as the head of the Department of Science and Technology for the Moscow city government in 1987. He resigned in 1993 to establish Sistema from the Moscow Committee on Science and Technology.
Under his leadership, Sistema gained control of Moscow City Telephone Network (MGTS) and Moscow Bank for Reconstruction and Development. Yevtushenkov became the major shareholder and chairman of the board of Sistema in 1995. Sistema was an early shareholder in VimpelCom and went public in 2005 through a $1.35 billion IPO.
Yevtushenkov also acquired oil and gas companies in the Republic of Bashkortostan, forming the foundation of Bashneft. He currently owns 49.2% of Sistema.
Vladimir Yevtushenkov: Companies
Yevtushenkov is the majority owner and former chairman of Sistema, a Russian conglomerate with interests in various sectors including telecommunications, oil and gas, banking, retail, and real estate.
Vladimir Yevtushenkov: Major Achievements
Yevtushenkov is credited with transforming Sistema from a small technology company into a major conglomerate with global operations. He played a key role in the development of Russia's telecommunications industry and the privatization of state-owned assets in the 1990s.
Vladimir Yevtushenkov: Awards & Achievements
Yevtushenkov has received numerous awards and recognitions for his contributions to business and philanthropy. Some of his notable awards include the Order of Merit for the Fatherland, the Order of Friendship, and the Order of Alexander Nevsky.
Vladimir Yevtushenkov: Personal Life & Legacy
Yevtushenkov is known for his philanthropic activities and support for cultural and educational institutions.
He is the president of the Sistema Charitable Foundation and has made significant contributions to various social and cultural projects.
Vladimir Yevtushenkov: Trivia
Yevtushenkov maintains close ties to Saudi Arabia and the Arab world as a member of the Russian-Saudi Economic Council and chairman of the Russian-Saudi and Russian-Arab Business Councils.
Vladimir Petrovich Yevtushenkov earned a master's degree in chemistry.
Yevtushenkov obtained a master's degree in economics.
Yevtushenkov received a PhD in economics.
Yevtushenkov was appointed as the head of the Department of Science and Technology for the Moscow city government.
Yevtushenkov resigned from the Moscow city government to establish Sistema from the Moscow Committee on Science and Technology.
Yevtushenkov became the major shareholder and chairman of the board of Sistema.
Sistema, under Yevtushenkov's leadership, went public in a $1.35 billion IPO.
Yevtushenkov was charged in the "Bashneft case," but the prosecution was terminated in 2016 due to lack of evidence.
Yevtushenkov was ranked #722 on the Forbes list of the world's billionaires with a net worth of US$2.4 billion.
Yevtushenkov's assets fell to US$2 billion, causing his ranking to drop to #1215 on the Forbes list.
Yevtushenkov was ranked as Russia's 62nd wealthiest man with US$1.4 billion, placing him at #1541 globally.
Yevtushenkov was included in the sanctions list of Australia and the United Kingdom due to the ongoing conflict in Ukraine.
Yevtushenkov's assets in the UK were frozen, and he transferred 10% of Sistema to his son, reducing his personal holding to 49.2%.
Yevtushenkov's Ukrainian assets were confiscated by the High Anti-Corruption Court of Ukraine.
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