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Andrey Melnichenko & family

Andrey Melnichenko & family

0% | $ 0M
A. family
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
53Y
Country
Russia
Born On
March, 1972
Deceased
No
Relationship Status
Married
Children
2
Education

Unknown

Designation Info :

Self-Made
Yes
Type
Self-Made (Fertilizers, Coal)
Organization Name
EuroChem
Title
Founder
Source

EuroChem, SUEK

Industry
Chemicals, Fertilizers, Mining, Energy

About A. family


A ndrey Melnichenko is a major Russian industrialist who founded two of the country's largest companies: the fertilizer producer EuroChem and the coal energy company SUEK. A physics student during the collapse of the Soviet Union, Melnichenko started his business career by opening a chain of currency exchange booths, which he then built into the successful MDM Bank.

He used the profits from banking to pivot into industry, acquiring and consolidating assets during the post-Soviet era to create his industrial giants. EuroChem has grown into one of the world's leading fertilizer producers, and SUEK is Russia's largest coal producer. Melnichenko is known for his hands-on management style and his focus on investing in modern technology and efficiency. He is also famous for his ownership of two of the world's most spectacular and expensive superyachts, Motor Yacht A and Sailing Yacht A. After being sanctioned by the EU in 2022, he formally withdrew as a beneficiary and stepped down from his board positions at both companies, with ownership reportedly passing to his wife.

Quick Reads


  • Founder of fertilizer giant EuroChem and coal producer SUEK.
  • Started his career by founding MDM Bank in the 1990s.
  • One of Russia's wealthiest self-made oligarchs.
  • Known for owning two futuristic-looking superyachts designed by Philippe Starck.
  • Was sanctioned by the EU and other Western nations in 2022.

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