Roman Avdeev Explained

Roman Adveev
Birth Name:Roman Ivanovich Avdeev
Birth Date:17 June 1967[1]
Birth Place:Odintsovo, Moscow Oblast, Russia
Nationality:Russian
Education:Moscow Power Engineering Institute (1986), Moscow International University of Business and Information Technologies (1994), Lipetsk State Technical University (1996)
Occupation:businessman, investor and philanthropist
Children:23 (19 adopted)[2] [3]
Years Active:1994–present time

Roman Ivanovich Avdeev (Russian: Рома́н Ива́нович Авде́ев; born in 1967) is a Russian businessman, investor, and philanthropist. his fortune was estimated at $1.5 billion.

Early life and education

Roman Avdeev was born on July 17, 1967, in Odintsovo, Moscow region.[4]

In 1984, he enrolled at Moscow Power Engineering Institute. After just 2 years at the university, he was drafted into the army.[5] He graduated in Construction Engineering from the Lipetsk State Technical University in 1996. In 1999, Adveev completed a course in Banking from Moscow International University of Business and Management.[6]

Business career

In the late 1980s Avdeev started his first business, selling radio components and decoders for TV sets.[7] He was importing computer equipment into Russia, which led to a business with a Ukrainian electronics manufacturer ElectronMash.[8]

In 1994, he bought the Credit Bank of Moscow. Avdeev made a fortune on cash-handling business in the 1990s.[9]

In 1996, Avdeev invested in agriculture, but sold his agricultural business in 2006. In 2006, he established Rossium Concern holding company to consolidate his assets.[10] In the 2010s he started to invest into real estate development and construction.[11] Through Rossium, he came into co-ownership of the "36.6" pharmacy chain, founded in 1991 by Artem Bektemirov and Sergey Krivosheyev. Avdeev and the company's CEO, Vladimir Kintsurashvili, have been blamed for the chain's "aggressive" business dealings.[12] In 2013, Forbes included Avdeev with the net worth of $1.4 billion into the lists of European and global billionaires for the first time.[13]

In 2014, Adveev’s holding company Garden Hills consolidated more than 98% of Veropharm, one of the largest drug makers in Russia. He then sold Garden Hills to Abbott for an estimated $650 million.[14] In 2016, he bought OPIN development group from Mikhail Prokhorov and integrated it into its real estate assets.[15]

In 2017, Avdeev became the co-owner of FC Torpedo Moscow club.

Assets

Philanthropy

In 2014, Avdeev established Arithmetic of Good (Russian: Арифметика добра) fund to help Russian orphans and adoptive families.[23] [24] As of September 2018, it was supporting over 1000 orphans and over 1200 adoptive families.[25] In 2016, Avdeev co-authored Caravan of happy stories (Russian: Караван счастливых историй) book about adoptive families.[26] In 2017, he was awarded the Wings of the stork (Russian: Крылья аиста) award from the Government of Moscow as a patron of the year.[27]

Personal life

Adveev has 23 children, 19 of whom are adopted. He started to adopt orphans in 2002, when he was 35. As of 2013, Adveev and Sulaiman Abdul Aziz Al Rajhi were two members of Forbes billionaires list with 23 children.

Notes and References

  1. Web site: Авдеев Роман Иванович: личное дело. Avdeev Roman Ivanovich: personal profile. Russian. 2018-03-20. Kommersant. 2018-09-15. https://web.archive.org/web/20180321144023/https://www.kommersant.ru/doc/3578467. 2018-03-21.
  2. Web site: Factbox: Record number of billionaires make Forbes 2013 list. Reaney. Patricia. 2013-03-04. Reuters. 2018-09-15. https://web.archive.org/web/20180628234845/https://www.reuters.com/article/us-billionaires-list-factbox/factbox-record-number-of-billionaires-make-forbes-2013-list-idUSBRE9230EJ20130304. 2018-06-28.
  3. Book: Schimpfössl, Elisabeth . Rich Russians: From Oligarchs to Bourgeoisie . 2018 . Oxford University Press. 9780190677770 . 134.
  4. Web site: Skolkovo Speakers Nights:Roman Avdeev. 2016. Moscow School of Management SKOLKOVO. 2018-09-15. https://web.archive.org/web/20180914194620/http://school.skolkovo.ru/events/speakers-nights/avdeev/en/. 2018-09-14.
  5. Web site: Миллиардер Авдеев задумался над халявой. Billionnaire Avdeev thinks about free giveaways. 2013-10-23. Moskovskij Komsomolets. Russian. 2018-09-15. https://web.archive.org/web/20131031153929/https://www.mk.ru/daily/nashe-podmoskove/interview/2013/10/23/935253-milliarder-avdeev-zadumalsya-nad-halyavoy.html. 2013-10-31.
  6. Web site: Avdeev, Roman. 2018. Reuters. 2018-09-15. https://web.archive.org/web/20180916133216/https://www.reuters.com/finance/stocks/officer-profile/CBOM.MM/1206091. 2018-09-16.
  7. Web site:
    1. 1394 Roman Avdeev
    . 2018-08-31. Forbes. https://web.archive.org/web/20180831191355/https://www.forbes.com/profile/roman-avdeev/. 2018-08-31. 2018-09-15.
  8. Web site: Roman Avdeev: Moscow's most unlikely billionaire. Lucy Fitzgeorge-Parker. 2014-09-15. Euromoney. 2018-09-15.
  9. Credit Bank of Moscow looks to IPO . Vladimir Chubar . Ben Aris . 24 . March 2014 . . issuu . 2018-09-15.
  10. Web site: Мы не на Олимпиаде, в конце концов. We are not at the Olympics, in the end. Russian. Alexandra Mertsalova. 2017-06-19. Kommersant. https://web.archive.org/web/20180915150332/https://www.kommersant.ru/doc/3326285. 2018-09-15. 2018-09-15.
  11. Web site: Выживший. Кто помог Роману Авдееву сохранить Московский кредитный банк в кризис . The Revenant. Who helped Roman Avdeev to keep the Moscow Credit Bank in crisis. Dmitry Yakovenko. 2018-04-24. Forbes Russia. https://web.archive.org/web/20180915145000/http://www.forbes.ru/milliardery/359995-vyzhivshiy-kto-pomog-romanu-avdeevu-sohranit-moskovskiy-kreditnyy-bank-v-krizis. 2018-09-15. 2018-09-15.
  12. Web site: Fraud schemes of the pharmacy empire. 31 May 2016. Crime Russia. 25 April 2019.
  13. Web site: Full List: European Billionaires Of 2013. 2013-03-07. Tatiana Serafin. Forbes. https://web.archive.org/web/20130314235344/http://www.forbes.com/sites/tatianaserafin/2013/03/07/full-list-european-billionaires-of-2013/#59c56a162290. 2013-03-14. 2018-09-15. live.
  14. Web site: Pharmaceuticals Among Fastest-Growing Industries. Medetsky. Anatoly. October 8, 2014. The Moscow Times. 2018-09-15. https://web.archive.org/web/20180916133455/http://old.themoscowtimes.com/guides/eng/pharmaceutical-business-health-care-2014/508482/pharmaceuticals-among-fastest-growing-industries/508624.html. 2018-09-16.
  15. Web site: Onexim Group Sells OPIN To Billionaire Roman Avdeev. 2016-12-26. Jewish Business News. https://web.archive.org/web/20180915153719/https://jewishbusinessnews.com/2016/12/27/onexim-group-sells-opin-to-billionaire-roman-avdeev/. 2018-09-15. 2018-09-15.
  16. Web site: Credit Bank of Moscow raises nearly $250m as it seeks to allay banking concerns. Seddon. Max. October 26, 2017. Financial Times. 2018-09-15.
  17. Web site: "Торпедо" меняет владельца и президента. Torpedo changes owner and president. Russian. October 6, 2017 . Arnold Kabanov. Kommersant. 2018-09-15. https://web.archive.org/web/20171013101342/https://www.kommersant.ru/doc/3430054. 2017-10-13.
  18. Web site: A Russian soccer team hired a black player. After fans attacked his race, he was fired. https://web.archive.org/web/20180723105356/https://www.washingtonpost.com/news/worldviews/wp/2018/07/22/a-russian-soccer-team-hired-a-black-player-after-fans-attacked-his-race-he-was-fired/. dead. 2018-07-23. Amanda Erickson. 2018-07-22. The Washington Post. 2018-09-14 .
  19. Web site: Основатели "Аптек 36,6" продали свою долю в компании структурам совладельца МКБ. The founders of 36.6 pharmacy sold their stake in the company to the structures of the co-owner of CBM. Russian. Interfax. February 13, 2014. 2018-09-15.
  20. Web site: Ingrad Романа Авдеева застроит территорию косметической фабрики "Свобода". Roman Avdeev’s Ingrad company to reconstructure Svoboda cosmetic factory territory. Russian. Anton Filatov. August 1, 2018. Vedomosti. 2018-09-15.
  21. Web site: Роман Авдеев консолидирует контроль над НПФ "Согласие". Roman Avdeev consolidates control over APF Soglasie. Russian. September 29, 2015. Tatiana Voronova. Vedomosti.
  22. Web site: Оборонка идет к "Согласию":Роман Авдеев приобрел НПФ ОПК. Defence goes to Soglasie: Roman Avdeev bought OPK pension fund. Russian. 2016-04-25. Pavel Aksenov. Kommersant. https://web.archive.org/web/20180915144720/https://www.kommersant.ru/doc/2972839. 2018-09-15. 2018-09-15.
  23. Web site: Roman Avdeev: Passions of a philosopher banker. 2014-09-15. Euromoney. 2018-09-15.
  24. Web site: I adopted three children. Believe it or not, it helped me in a career. Matias Hietanen . 2018-06-04. geekmag.tech. https://archive.today/20180914202506/http://geekmag.tech/en/i-adopted-three-children-believe-it-or-not-it-helped-me-in-a-career/. 2018-09-14. 2018-09-15.
  25. Web site: Футбольная команда "КП" стала вице-чемпионом благотворительного турнира "Арифметика добра". Semen Elenin. KP’s football team became the vice-champion of the "Arithmetic of Good" charitable tournament. Russian. Komsomolskaya Pravda. https://archive.today/20180914202636/https://www.kp.ru/daily/26881.3/3924567/. 2018-09-14. 2018-09-15.
  26. Web site: Презентация книги с историями приемных семей состоится 17 июля в Москве. Presentation of the book with the stories of foster families will be held July 17 in Moscow. Russian. 2016-07-15. RIA Novosti. https://archive.today/20180914205324/https://ria.ru/disabled_know/20160715/1466559532.html. 2018-09-14. 2018-09-15.
  27. Web site: Роман Авдеев стал меценатом года в Москве. Roman Avdeev became a patron of the year in Moscow. Russian. Galina Gracheva. Nezavisimaya Gazeta. https://archive.today/20180914210504/http://www.ng.ru/economics/2017-10-17/100_krilya171017.html. 2018-09-14. 2018-09-15.

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