Andrey Melnichenko



Andrey Igorevich Melnichenko (born 8 March 1972 in Gomel, Belarus) is a Russian industrialist and billionaire.

Industrialist Melnichenko owns majority stakes in fertilizer producer Eurochem, coal producer SUEK and power generator SGK. His first venture in the early 1990s was a chain of currency-exchange booths from which he cofounded MDM Bank. He later founded Eurochem, SUEK and pipe exporter TMK with Sergei Popov, a former metals trader from Ural with whom he started working in 2000. 

Six years later, the partners began divvying up their assets and entirely separated by 2012, with Popov getting the bank and Melnichenko getting the other assets. He spent an estimated $450 million on his Sailing Yacht A, one of the world's largest superyachts; it is currently undergoing sea testing in Spain. It is called A to appear first in shipping registers. He also has a second megayacht, Motor Yacht A, which was designed by Philippe Starck and resembles a sleek, futuristic submarine. Melnichenko owns a collection of Impressionist art, including pieces by Claude Monet, some of which hang inside his yachts. He is married to Aleksandra Nikolic, a Serbian former model.

With an estimated personal wealth of $13.2 billion, in 2017 he ranked 89th in the Forbes World’s billionaires list (9th in Russia).
 

Russian oligarchs are fat with money

Business03.11.2017

Russian billionaires have grown rich by 22 billion dollars since the beginning of the year.

Ukrainian authorities accused Eurochem of financing Lugansk and Donetsk Republics

Governance21.09.2017

Kiev banned the supplies of fertilizers from the companies of oligarch Andrey Melnichenko to Ukraine.

The devil is in the details: why Russia's coal industry has no encouraging prospects

Business14.07.2017

Government's pride that Russia produces, as a typical third-world country, more coal, and carries it in ever larger quantities for ever greater distances, looks rather strange in modern conditions.

When length matters

Society23.05.2017

How Roman Abramovich, Alisher Usmanov and other Russian billionaires buy and sell luxury yachts.

Andrey Melnichenko refused to sell his old yacht

Society19.05.2017

No buyers are willing to buy a strange vessel of the scandalous oligarch.

The richest people of Russia in the Forbes global ranking 2017

Business21.03.2017

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

Melnichenko's mega-yacht was arrested in Gibraltar for a €15.3 million claim

Society20.02.2017

The lawyers of Nobiskrug shipyard have filed a lawsuit against the customer of the yacht for breach of contract.

The most capacious sailing ship in the world: the new Melnichenko's yacht

Business04.02.2017

German shipyard Nobiskrug today finished the contruction of the Russian billionaire Andrey Melnichenko's yeach under Philippe Starck's project. No one in the world has ever built such large sailboats.

International registration: employees of Melnichenko's company moved to offshore

Business16.01.2017

"Living on a boat": Andrey Melnichenko extradited his subordinates to Cyprus.

EuroChem suspects former employees of kickbacks

Business27.01.2015

As it became known to Forbes, Andrey Melnichenko's company filed a lawsuit against its former managers for illegal commissions from the contractors. EuroChem estimated the damage at nearly $40 million.

Deceive a billionaire: how Alexander Shchukin's family opened the family-office

Business10.10.2014

Coal magnate and member of the Forbes list Alexander Shchukin decided to do family business in London. How did the businessman become the victim of a rogue?