R oman Avdeev is a self-made Russian billionaire who is the sole shareholder of the Credit Bank of Moscow, a major Russian private bank. He started his career in the early 1990s, during the tumultuous post-Soviet era, by starting a business that imported and sold electronic goods. In 1994, he acquired the then-small Credit Bank of Moscow and has since built it into one of Russia's largest privately owned banks. The bank has a strong focus on corporate and investment banking.
In addition to his core banking business, he has diversified his interests into real estate, with a portfolio of commercial and agricultural properties. He is also well known for his large family; he and his wife have 23 children, 19 of whom are adopted. He has also been a major philanthropist, with a focus on supporting orphanages and other children's causes. He has been sanctioned by the United States and other countries following the 2022 invasion of Ukraine.
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Roman Ivanovich Avdeev is a Russian businessman, the self-made billionaire Founder and former Executive of Credit Bank of Moscow (MCB), a major private retail and commercial bank. His career is rooted in engineering, banking, and entrepreneurial audacity.
Avdeev holds a degree in Engineering from the Moscow Power Engineering Institute and later studied Economics. His philosophical approach centers on scale, long-term asset hold, and financial discipline (pioneering the private banking model in Moscow). His structural contribution is tied to pioneering private banking and finance in post-Soviet Russia.
Roman Avdeev's strategic genius was his commitment to the Moscow retail market. He acquired Credit Bank of Moscow (MCB) in 1994 (which was a small local bank) and successfully transformed it into one of Russia's largest private banks. His structural contribution is immense: pioneering modern financial services in post-Soviet Russia, with a focus on retail lending and services.
The company successfully executed its IPO on the Moscow Exchange. He sold his controlling stake in MCB to Rosneft (the state-owned oil giant) in 2021, securing his liquid capital. His wealth is secured by the colossal liquid gains from the MCB sale and his long-term private investments.
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Graduates with a degree in Engineering (Academic Achievement).
Acquires Credit Bank of Moscow (MCB) (Founding).
MCB executes its successful IPO on the Moscow Exchange (Financial Milestone).
Sells his controlling stake in MCB to Rosneft (Major Exit).
Continues as Founder and major investor, managing his liquid wealth (Executive Oversight).
Roman Avdeev's wealth is concentrated in the liquid capital generated from the sale of Credit Bank of Moscow (MCB) and his private investments.
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Roman Avdeev's social impact is structural, stemming from MCB's role in providing essential banking and financial services to millions of Moscow residents. His most profound civic contribution is his personal commitment to family and adoption (raising 23 children, many of whom were adopted). His Children's Foundation Victoria supports orphanages and children's welfare. His structural contribution is tied to the successful privatization and modernization of the Russian financial sector.
His personal philanthropy supports various community and educational initiatives.
Roman Avdeev maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the global financial sector.
Residing in Moscow, Russia, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, financial governance, and high-impact philanthropy.
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-0.34% | -$11.21M
-0.34% | -$6.21M
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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