Alexander Verkhovskiy Explained

Alexander Verkhovskiy should not be confused with Aleksandr Verkhovsky.

Alexander Verkhovskiy
Term Start:2010
Term End:2017
Birth Name:Александр Григорьевич Верховский
Birth Date:23 August 1956
Education:Military Engineering-Technical University (1978)
Occupation:Businessman

Alexander Verkhovskiy (Russian: Александр Григорьевич Верховский) (b. August 23, 1956, in Leningrad, USSR) is a Russian entrepreneur, ranked #185 in the Forbes list of high-net-worth businessmen in Russia (2021). A former member of the Federation Council of Russia (2010—2017).[1]

Biography

Alexander Verkhov was born on August 23, 1956 in Leningrad, USSR. After receiving a Specialist degree in military construction from the Military Engineering-Technical University (1978), he served in the Red Army. Within 13 years, he worked in Moscow, Leningrad, and the Kuril Islands. In 1991, he resigned from the rank of lieutenant colonel.[2]

Entrepreneurship

In 1991, Verkhovskiy, along with two partners, founded Hydrostroy (Russian: Гидрострой), which worked both in fishing and fish processing. To construct fish processing plants on Itrup Island of Kuril Islands, he employed his former army subordinates to work as engineers and constructors. The company closely cooperated with the local authorities, which provided infrastructure and constructed roads to the Hydrostroy facilities.[3]

Over 30 years, Hydrostroy expanded both its fishing and construction business. It has assembled its fishing fleet, constructed aquaculture facilities, built numerous processing plants, and established a bank. The company's construction projects in the Russian Far East included roads, bridges, hospitals, cultural centers, and geothermal plants. By 2010, Hydrostroy received a quarter of the government contracts to develop the Kuril Islands. It effectively became the backbone enterprise of the Kuril District of the Sakhalin Oblast.[4]

Politics

Verkhovskiy was elected to the parliament of the Kuril District three times: in 1997, 2001, and 2005. From 2010 to 2017, he was a Federation Council of Russia member, representing Sakhalin Oblast. He participated in the work of the committees responsible for the agriculture policy, the fishing industry, and the use of natural resources. In 2012, he was also the leading candidate on United Russia's list in the regional elections to the Sakhalin Duma.

Awards

Personal life

Alexander Verkhovskiy is married with two children.

Notes and References

  1. Web site: Alexander Verkhovskiy . Forbes . November 20, 2023.
  2. Web site: Alexander Grigorievich Verkhovskiy . Encyclopedia TASS . November 20, 2023.
  3. Web site: This man is an island. The story of Alexander Verkhovskiy, the fish tycoon and so-called "King of Kuril Islands" . Igor Popov . October 17, 2023 . Forbes . November 20, 2023.
  4. Web site: "The king of Kuril Islands." The man behind the fish. . Dmitry Yakovenko . July 10, 2018 . Forbes . November 20, 2023.