Alexei Kuzmichev is a self-made Russian businessman. Alexei Kuzmichev’s net worth is $7 billion estimated in January 2017 according to Bloomberg. His main earnings are as shareholders of the Alfa Group.
His colleagues are German Khan and Mikhail Fridman. They were also his college friends. In recent years, Alfa Group is the largest Russian financial firm and industrial group.
Personal Biography: Alexei Kuzmichev
His full name is Alexei Viktorovich Kuzmichev. He was born on 15th October 1962, in Kirov, Russia. He graduated from the Moscow Institute of Steel and Alloys. Alexei Kuzmichev is married to Svetlana and they have one son.
His wife, Svetlana Kuzmicheva-Uspenskaya, and Alexei are interested in promoting modern art for charity and philanthropy. In 2014, Svetlana inspired New York Project Perpetual benefit. They wish to raise money for children organizations by promoting and selling famous art. Usually, auctions are held of sculptures by artist like Jeff Koons. Even designer bags by Hermès Birkin are sold. The couple is committed to international art and philanthropy.
The details of his son are undisclosed except he would inherit $7.1 billion.
The couple and son are Russians and based in Moscow. They own homes in many European and US cities. Also, they often travel for business and pleasure.
Early Career Life:
Alexei was a radio operator at Russia-Chinese border during the Russian Army between 1980 and 1982. In 1983, he quit serving the army to attend Moscow Institute of Steel and Alloys. Over there he met Mikhail Fridman and German Khan. They were his business partners.
In 1988, the trio began Alpha Photo, Company for importing photo-chemical business. Later, the Company was expanded to photo export business too. Formation of Company Alfa Eco was in 1998. The name got changed to Alfa Group Consortium to represent the largest financial group in Russia.
Alfa Group trio and AAR partners and billionaires were Viktor Vekselberg and Leonard Blavatnik. Tyumen Oil was bought from the Government and TNK-BP was formed. They decided to take 50% stake in TNK-BP from Roseneft, state owned, for $28 million. Alexei Kuzmichev gained more than $2.5 billion in cash.
Alfa Group Trio owned stakes in Vympelcon, a cellular company. Also, Alfa Group Trio owns X5, the biggest retailer in Russia. Alfa group holds stakes in Turkcell, Turkish telecommunications Company. Also, Alfa Group had about 25% Megafon, Russian cell phone operating Company. Shares were sold in 2012 and there was a gain of $5.2 billion in cash. The group owns shares in other Russian Companies such as retail and insurance. Alexei Kuzmichev owns about 20% of Company’s joint assets. Also, he is one of the boards of directors of Alfa Finance.
In 1991, Alfa Bank was formed with affiliation with Belarus, Kazakisthan, Ukraine Netherlands and Amsterdam Trade Banks. Alexei Kuzmichev works with several places like Soviet Union Republic, Iran, Europe, Nigeria, Iraq and others. He is the Chairman of A1’s Advisory Committee. The Company operates within Alfa Group. It owns Russia’s biggest car selling company. It organises two movie halls namely Nezavisimost, Kronwerk Cinema and Formula Kino. Also has the largest Russia’s chain of supermarkets like BelMarket.
Alexei Kuzmichev is the co-founder of LetterOne Group that is for international investment business based in Luxembourg. LetterOne focuses on telecoms, technologies and energy sectors. Alexei Kuzmichev is one of the board members. Also, Alexei Kuzmichev has been on the Board of Alfa Eco for nearly 18 years. Alexei Kuzmichev is the Chairman of A1. Alexei Kuzmichev is part of the Supervisory Board of Alfa Group. Alexei Kuzmichev was the Director of Alfa Eco’s International Trade Department for the initial six years of the Company.