P avel Demidov is a Russian businessman and the founder of Dominant Group, one of the country's largest agricultural holdings. He established the company in 1995, initially focusing on sugar imports before expanding into domestic sugar production and agriculture. Dominant Group now controls over 400,000 hectares of land and operates numerous sugar refineries, dairy farms, and cheese processing plants across Russia, making it a key player in the nation's food security.
Before founding Dominant, Demidov served as deputy CEO of Alfa-Eco, the trading arm of Mikhail Fridman's Alfa Group, where he gained valuable experience in commodities trading. He owns a 50% stake in Dominant Group, with the remaining 50% held by his wife, Svetlana Demidova. The couple has built a vertically integrated agribusiness empire that is one of the top sugar and cheese producers in Russia. Despite his significant business footprint, Demidov maintains a relatively low public profile.
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Pavel Demidov is a Russian businessman, the founder of Dominant Group, one of Russia's largest sugar producers.
In the 1990s, Demidov worked as deputy CEO of Alfa-Eco, a company founded by fellow billionaire Mikhail Fridman, which had interests in the sugar trade. The Dominant Group boasts more than 790,000 acres of agricultural land in the country.
Pavel Demidov's career is rooted in his early experience with the sugar trade at Alfa-Eco in the 1990s. His structural achievement is building the Dominant Group into a vertically integrated agricultural and food giant that includes extensive agricultural land and significant manufacturing capacity.
The group also owns four dairy plants and is among Russia's top ten cheese makers. His wealth is secured by the family's 100% control of the massive private enterprise.
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Worked as deputy CEO of Alfa-Eco.
Founded Dominant Group, which grew to control more than 790,000 acres of agricultural land.
Continues to guide the group's operations in sugar and dairy production.
Pavel Demidov's wealth is concentrated in his and his wife's full ownership of the private agricultural and food giant, Dominant Group.
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+0.03% | +$3.52M
-0.34% | -$20.97M
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