Stefan Soloviev Explained

Stefan Soloviev
Birth Name:Stefan Quinn Solow
Birth Date:21 May 1975
Birth Place:New York City, U.S.
Education:University of Rhode Island (dropped out)
Occupation:Businessman
Known For:Founder of Crossroads Agriculture
Chairman of The Soloviev Group
Children:20+
Father:Sheldon Solow
Mother:Mia Fonssagrives
Family:
Lisa Fonssagrives (grandmother)

Stefan Quinn Soloviev (Solow; born May 21, 1975) is an American businessman who is the Chairman of the Soloviev Group, the parent company of Crossroads Agriculture, the Colorado Pacific Railroad, the Soloviev Building Corporation, Weskan Grain, and other business entities. He took over the Solow Building Corporation from his father Sheldon Solow, after his death on November 17, 2020.[1] [2]

Early life

The elder son of Mia Fonssagrives and Sheldon Solow, Soloviev is of Russian descent on his father's side and of Swedish descent on his mother's side. Soloviev and his family are Lutheran. In 1998, he reverted to the pre-Anglicized version of his father's family surname.[3] He grew up in Manhattan, New York and attended the University of Rhode Island,[4] but did not graduate. He also played football as a placekicker in 1996 at St. John's University in New York, but did not play during season.[5]

Career

Soloviev started working in the family real estate business when he was a teenager, in the parking garages in his father's buildings.[6] He dropped out of the University of Rhode Island in the mid-1990s to focus on trading commodities. He founded Crossroads Agriculture in 1999 to cultivate, purchase, store, and sell cash grains in the Wichita, Kansas area. By the early 2000s, the company moved to the western edge of the high plains, successfully producing grains in historically dry farming regions using a combination of drought-tolerant seeds and emerging agricultural technology. Starting in 2004, the company began acquiring grasslands south of Portales, New Mexico, and the ranching side of the operation was born. As of 2021, Soloviev owns and operates farmland and ranchland in Colorado, Kansas, New Mexico, Texas, and New York.[7]

In 2022, Soloviev was ranked 26th overall on The Land Report list of the 100 largest landowners in the US, with 408000acres, through Crossroads Agriculture, and his holding company KCVN LLC, named after the Clovis Municipal Airport.[8] [9] [10]

Personal life

In 1996, he married Canadian-born Stacey, who was working as a nanny at a neighbouring Long Island property.[11] [12] They had 11 children together including quadruplets.[11] They divorced in 2014 but remain amicable and she managed various of his New York businesses, including a winery and hotel in Shelter Island from 2019 to 2022,[11] [12] when their son Hayden took over, and then wine bars in Manhattan.[13] Media are uncertain of the number of Stefan's other children: in 2018 he acknowledged four with two women in Sacramento, California; Soloviev is also presently a single parent raising two of his young children alone. A 2022 interviewer speaks of a total of 22 children;[14] a 2023 profile said "20-plus";[13] in 2022 Business Insider said "at least 20" while Soloviev said "the number isn't important".[15]

Notes and References

  1. Web site: Forbes profile: Sheldon Solow. Forbes. January 23, 2019.
  2. News: Kazakina. Katya. Clark. Patrick. Oster. Patrick. November 17, 2020. Sheldon Solow, Billionaire Real Estate Developer, Dies at 92. en. Bloomberg. December 2, 2020.
  3. News: Hughes . C J . A Real Estate Dynasty Passes the Torch . April 4, 2019 . New York Times . April 6, 2018.
  4. News: Waggoner. Priscilla. Four Degrees From Soloviev. November 29, 2017. November 13, 2019. Kiowa County Independent.
  5. 2022-01-07. Stefan Soloviev Terrifies His Nannies: Insider. 2022-01-26 . The Real Deal . New York. en-US.
  6. Web site: Manhattan real estate scion built rural empire. September 23, 2019. Daily Republic. Bloomberg News.
  7. News: Blevins . Jason . 2023-12-31 . The New York billionaire looking to change agriculture with Colorado farmland . 2023-12-31 . The Colorado Sun . en-US.
  8. Web site: The Land Report 100. November 30, 2018. Land Leader. April 9, 2019.
  9. News: 100 Largest Landowners in the United States . April 4, 2019 . The Land Report . Fall 2013.
  10. News: The Largest Landowners in the U.S. . September 16, 2019 . Bloomberg.com . September 6, 2019.
  11. News: Robey . Charity . Island Profile: Stacy Soloviev has a vision of the future for some of the Island's iconic businesses . 12 July 2023 . Shelter Island Reporter . 12 February 2022.
  12. News: Ledda . Brianne . Stacey Soloviev addresses rumors, upcoming developments at packed Cutchogue library event . 12 July 2023 . The Suffolk Times . April 5, 2022.
  13. Connery . Harrison . Profile of Real Estate Scion Stefan Soloviev . . 12 July 2023 . en . 5 July 2023.
  14. October 2022 . Cultivating a Better Future - An Interview with Stefan Soloviev, Chairman, Soloviev Group . Leaders . 45 . 4 . July 11, 2023.
  15. Taylor . Kate . Geiger . Daniel . He's got 20 kids, a $4.4 billion real-estate fortune, and a trail of terrified nannies: Meet Stefan Soloviev . Business Insider . subscription . 6 January 2022 . 12 July 2023.