Kirill Minovalov
$1.2B
Born
Apr 22, 1971
Age
54
Source of Wealth
Agriculture, finance
Residence
Moscow,
Citizenship
Russia
Marital Status
Single
Children
2
Education
Master of Science in Engineering, Moscow State University of Railway Engineering
- Kirill Minovalov is the founder of Bank Avangard, which he founded in 1994 with $400,000, a third of which he borrowed.
- Bank Avangard grew following the 1998 Russian financial crisis; it now holds assets of about $1.5 billion.
- Minovalov also started and now chairs Avangard-Agro, one of Russia's largest and most efficient agricultural manufacturers.
- He also owns Avangard Malz, a leading malting company in Germany.
- Minovalov founded a consulting company when he was a student in university.
- Avangard-Agro's assets include more than 450,000 hectares of agricultural land in Russia.
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