Rank #2346
Pavel Demidov & family
Net worth $1.8B
Agriculture · Russia
- Born
- Nov 30, 1968
- Age
- 57
- Source
- Agriculture
- Residence
- Moscow
- Citizenship
- Russia
- Marital status
- Married
- Children
- 0
- Education
- Master of Science in Engineering, Moscow Aviation University
Net worth over time
Biography
- Pavel Demidov is the founder of Dominant Group, one of Russia's largest sugar producers, which boasts more than 790,000 acres of agricultural land in the country.
- The group also owns four dairy plants and is among Russia's top ten cheese makers.
- In the 1990s Demidov worked as deputy CEO of Alfa-Eco, a company founded by fellow billionaire Mikhail Fridman, which has interests in the sugar trade.
- Demidov has a 50% stake in Dominant, his wife, Svetlana, owns the remaining 50%.
- Dominant Group processes 50,000 tons of sugar beet per day through its seven sugar plants.