Pavel Demidov & family
$1.3B
Born
Nov 30, 1968
Age
57
Source of Wealth
Agriculture
Residence
Moscow,
Citizenship
Russia
Marital Status
Married
Children
0
Education
Master of Science in Engineering, Moscow Aviation University
- 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.
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