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› Money › People

Mikhail Fridman

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[ webmaster ] [ 2005-04-02 12:57:00 ]

Mikhail Fridman (born 26 June 1963) is a Russian businessman. He is one of the youngest of Russian oligarchs (Roman Abramovich is younger).

Along with Peter Aven, Fridman founded the Alfa Group Consortium, a holding company which today controls Alfa Bank (opened in 1991), Alfa Capital, Tyumen Oil and several construction material firms (cement, timber, glass) as well as food processing businesses and a supermarket chain. The two are also major holders of tea and sugar plant processors.

Fridman in 2003 sold half of his Alfa group's oil subsidiary Tyumen Oil to BP for $6.15 billion, so far the biggest foreign investment ever in a Russian company.

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[ webmaster ] [ 2005-04-02 12:57:00 ]

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