Mikhail Fridman

Mikhail Maratovich Fridman (born 21 April 1964) is a Russian business magnate, investor and philanthropist. He also holds Ukrainian and Israeli citizenship. He co-founded Alfa-Group, a multinational Russian conglomerate. According to Forbes, he is the second richest Russian as of 2017. In May 2017, he was also ranked as Russia's most important businessman by bne IntelliNews.

Fridman has been an active supporter of Jewish and Russian cultural initiatives in Europe and the world. In 1996 Fridman was one of the founders of the Russian Jewish Congress, now sitting on the RJC Presidium. He is vice president of the Russian Jewish Congress and head of its cultural committee.

Fridman is the largest shareholder of Alfa Group, an investment company that owns stakes in Alfa Bank, Russia's second biggest bank, and X5, a Russian food retailer. Through Luxembourg-based LetterOne he owns stakes in German oil and gas producer DEA and the international mobile-phone operator Veon.

Alexander Friedman did not spoil the money


Worried his own way.

Abramovich, Usmanov and Friedman are among the ten richest people in Britain


Their cumulative fortune The Sunday Times newspaper is estimated at 33.5 billion pounds.

Alexey Fridman spawned the oil and gas giant


The cost of the combined company Wintershall Dea is estimated at 20 billion dollars. Already in 2020, she may enter the IPO.

Mikhail Fridman went hiking in Jerusalem


In the procession through the desert in Israel, dedicated to the holiday of Passover, traditionally attended by rich Russians.

Anton Milov will say goodbye to the hotel in Sochi


The investment division of Alfa Group plans to buy the 4-star Bridge Resort Hotel in Sochi, which is pledged in VEB.RF. The hotel was erected by the Mostovik company, which went bankrupt after the Olympic construction projects.

Russian nouveau riches in the crosshairs of British legislation


What should expect the Russian billionaires in the context of the fight against money laundering in the UK.

What means Britain's fight against money-laundering for Russian billionaires


The British authorities have begun a new stage in the fight against the legalization of criminal incomes by foreigners. First of all, the so-called politically significant persons fall under suspicion.

Who will inherit the money of the Russian nouveaux riches


What Russian billionaires say about the fate of their capitals. 

Fridman and partners will invest into the largest Spanish retailer


LetterOne can become one of the largest shareholders of Dia.

Russian oligarchs prefer to invest abroad


Big business in Russia absolutely lacks even a shade of patriotism. 

Mikhail Fridman's LetterOne will work in Mexico


The company will participate in the development of the oil and gas field on the shelf of the Gulf of Mexico.

The richest people of Russia in the Forbes global ranking 2017


List of most wealthy Russians for the second consecutive year is headed by the co-owner of "Novatek" and "Sibur" Leonid Michelson.

Why Mikhail Friedman's Spanish project became engaged in the "Russian mafia's case"


It is now difficult for the Russian investors to do business in Europe. 

Aven and Fridman renounced their old friend Vacca


Shareholders of Alpha Group may face claims on multi-million dollar bribe in the European Union.

Mikhail Fridman will invest 7 more billion rubles into his London mansion


Scandalous Russian oligarch fits out his "family house" in Hampstead.   

Kiev wants to nationalize the lottery business of the Russians


Ukrainian lottery market may soon go completely under state control.

London ordered Fridman to sell assets in the North Sea


LetterOne has up to six months to ensure the change of ownership of assets.

Billionaires and crisis: how the Forbes list has changed over the year


The combined wealth of 200 richest businessmen of Russia decreased by $73 billion, while the number of billionaires fell to 88 from 111.

Coal asunder: how businessman Victor Nusenkis lost $ 2 billion in a year


The tycoon has lost most of his fortune according to the results of litigation in Cyprus with his former business partner, ex-Prosecutor General of Ukraine Gennady Vasilyev.