A ndrei Rappoport is a Russian financier and executive with a long and influential career in the country's energy and technology sectors. He was a key member of the management team at RAO UES, the state-controlled electricity monopoly, working closely with its reformist leader, Anatoly Chubais. He played an important role in the massive restructuring and privatization of Russia's power sector in the 2000s.
After his tenure in the energy sector, Rappoport went on to head Skolkovo, Russia's ambitious state-backed project to create a high-tech innovation hub akin to Silicon Valley. He has also been a successful private investor. A significant portion of his wealth comes from his stake in the publicly traded fintech company, Qiwi, a leading provider of payment services in Russia. His career has been marked by his leadership roles in major state-led economic projects and his subsequent success as a private investor.
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Born in 1963, Andrei Rappoport is a self-made Russian investor and financier whose early life was uniquely focused on discipline and precision. He graduated with a degree from Donetsk National University in 1985. However, his formative discipline came from an unexpected source: he is a Master of Sports in high-speed pistol shooting—a pursuit that demands extraordinary focus, control, and execution under pressure, skills he would later apply to the chaotic world of post-Soviet finance.
Rappoport’s entrepreneurial drive emerged quickly. At age 28, he conceived the idea of starting his own bank but lacked the capital. Instead of giving up, he joined Alfa-Bank after seeing a newspaper advertisement, recognizing the opportunity to learn from the ground floor. This decision launched his career, positioning him to become a trusted executive in the empires of Russia’s most powerful oligarchs.
Andrei Rappoport’s career is a masterclass in institutional navigation and strategic capital deployment. After four years at Mikhail Fridman’s Alfa-Bank, he moved to another major conglomerate, working at Mikhail Khodorkovsky’s YUKOS-Rosprom. This exposure to two of Russia's dominant industrial and financial structures gave him unparalleled experience in managing large-scale assets, from energy to finance.
His final major executive role was at RAO Unified Energy System (RAO UES), the massive state-controlled electric power holding company. Rappoport then transitioned from executive management to being a highly successful independent investor. He astutely acquired and revitalized utility assets, notably purchasing Georgian Global Utilities, a water and power company, which he later sold to BGEO Group in 2016 for a significant profit. Today, he is a sophisticated global investor based in Switzerland, managing liquid capital across over 50 private equity (PE) and venture capital (VC) funds, with successful early bets on high-growth companies like Datadog and Delivery Hero.
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Born.
Achieves the title of Master of Sports in high-speed pistol shooting.
Joins Alfa-Bank after seeing a newspaper ad, beginning his executive career.
Holds key executive roles at YUKOS-Rosprom and RAO Unified Energy System.
Pivots to independent investment, acquiring and restructuring utility assets like Georgian Global Utilities.
Sells Georgian Global Utilities, generating significant capital for fund investment.
Becomes an investor in over 50 PE and VC funds, including early bets on Datadog and Delivery Hero.
Andrei Rappoport’s fortune is derived from his successful executive career at major Russian conglomerates and his current position as a highly active, diversified global investor managing private equity and venture capital funds.
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While the specifics of Andrei Rappoport's direct charitable contributions are private, his social impact is channeled through his commitment to education, finance, and community development. His investment strategy, which prioritizes innovation and growth-focused technology firms (VC/PE), indirectly contributes to global job creation and technological advancement.
His personal background as a Master of Sports in pistol shooting suggests an affinity for youth sports and discipline-focused mentorship. As an investor based in Lugano, Switzerland, with multiple citizenships (Russian, Israeli, Cypriot, Portuguese), his philanthropic scope is global, likely supporting educational and community initiatives in the diverse locations where he holds citizenship or has business interests. His quiet transition from a powerful industrial executive to a global fund investor reflects a disciplined, low-profile application of wealth to new, high-potential ventures.
Andrei Rappoport maintains the impeccably refined and reserved style of a top-tier international financier. His wardrobe is defined by high-end, tailored European clothing, suitable for meetings in London, New York, or his current base in Lugano, Switzerland. His aesthetic is discreet, reflecting his preference for operating outside the public eye and focusing on the complex analysis that defines fund management.
His luxury lifestyle is based on global mobility and strategic positioning. He possesses multiple citizenships (Russia, Israel, Cyprus, and Portugal), granting him exceptional freedom. His passion for high-precision activities, reflected in his Master of Sports title, translates into a sophisticated, disciplined approach to leisure and living. His wealth is channeled into a vast, fluid portfolio of global investments, making him a true financial cosmopolitan whose ultimate status symbol is his portfolio's consistent performance.
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-0.18% | -$3.58M
-0.34% | -$6.16M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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