Rank #2800
Alexander Lutsenko & family
Net worth $1.4B
agribusiness · Russia
- Born
- Apr 04, 1962
- Age
- 64
- Source
- agribusiness
- Residence
- Kaliningrad
- Citizenship
- Russia
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- Former Soviet army officer Alexander Lutsenko and his wife Natalia founded Sodrugestvo Group in 1994.
- The company processes soybeans and oilseed, manufactures fishmeal and composite animal protein mix, and imports corn gluten and lysine.
- The group has its own terminals in the Baltic Sea port of Kaliningrad, and has railcar stocks and processing plants in Russia, Brazil and Denmark.
- The couple sold 10% of Sodruzhestvo to Japanese firm Mitsui & Co. at a $2 billion valuation in 2012; they bought the shares back in 2016.
- In 2023 Sodrugestvo Group, now Sodru, underwent a restructuring and sold off its Russian and Belorussian businesses to Lutsenko and his wife. Lutsenko sold the group's foreign assets to top managers.