Mikhail Fridman
London, United Kingdom
Bachelor of Arts/Science, Moscow Institute of Steel and Alloys
Russia
oil, banking, telecom, Self Made
$15,900,000,000
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#79 Billionaires 2019
Together with college buddies and fellow billionaires German Khan and Alexei Kuzmichev, Mikhal Fridman controls Alfa Group and LetterOne. The trio have been partners since 1989, when they started commodities trader Alfa-Eco.The Ukranian native is a founder of Alfa Bank, the largest non-state bank in Russia. In 2013 he made $5.1 billion in cash when the trio and partners sold stakes in oil giant TNK-BP for $14 billion. Fridman, who also has Israeli citizenship, mostly resides in the UK where he bought Athlone House in 2016 for $90 million.
Fridman filed defamation lawsuits against Buzzfeed and Fusion for reporting that his Alfa Group had a role in Russia's meddling in the U.S. presidential election. In August 2018, libel charges against the Trump dossier author, Christopher Steele, and opposition research firm Fusion were dismissed.
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