Roman Avdeev

Roman Ivanovich Avdeev (Russian: Рома́н Ива́нович Авде́ев; born in 1967) is a Russian businessman, investor, and philanthropist. In 2018, his fortune was estimated at $1.5 billion.

Roman Adveev
Roman Avdeev in 2020
Born
Roman Ivanovich Avdeev

(1967-06-17) June 17, 1967[1]
Odintsovo, Moscow Oblast, Russia[1]
NationalityRussian
EducationMoscow Power Engineering Institute (1986), Moscow International University of Business and Information Technologies (1994), Lipetsk State Technical University (1996)[1]
Occupation(s)businessman, investor and philanthropist
Years active1994–present time
Children23 (19 adopted)[2][3]
Websiteromanavdeev.ru/en/

Early life and education

Roman Avdeev was born on July 17, 1967, in Odintsovo, Moscow region.[4]

In 1984, he enrolled at Moscow Power Engineering Institute. After just 2 years at the university, he was drafted into the army.[5][6] He graduated in Construction Engineering from the Lipetsk State Technical University in 1996. In 1999, Adveev completed a course in Banking from Moscow International University of Business and Management.[7]

Business career

In the late 1980s Avdeev started his first business, selling radio components and decoders for TV sets.[8] He was importing computer equipment into Russia, which led to a business with a Ukrainian electronics manufacturer ElectronMash.[9]

In 1994, he bought the Credit Bank of Moscow.[8] Avdeev made a fortune on cash-handling business in the 1990s.[10][11]

In 1996, Avdeev invested in agriculture, but sold his agricultural business in 2006.[1] In 2006, he established Rossium Concern holding company to consolidate his assets.[12] In the 2010s he started to invest into real estate development and construction.[11] Through Rossium, he came into co-ownership of the "36.6" pharmacy chain, founded in 1991 by Artem Bektemirov and Sergey Krivosheyev. Avdeev and the company's CEO, Vladimir Kintsurashvili, have been blamed for the chain's "aggressive" business dealings.[13]

In 2013, Forbes included Avdeev with the net worth of $1.4 billion into the lists of European and global billionaires for the first time.[14][2]

In 2014, Adveev’s holding company Garden Hills consolidated more than 98% of Veropharm, one of the largest drug makers in Russia. He then sold Garden Hills to Abbott for an estimated $650 million.[15] In 2016, he bought OPIN development group from Mikhail Prokhorov and integrated it into its real estate assets.[16]

In 2017, Avdeev became the co-owner of FC Torpedo Moscow club.[17]

Assets

Philanthropy

In 2014, Avdeev established Arithmetic of Good (Russian: Арифметика добра) fund to help Russian orphans and adoptive families.[24][25] As of September 2018, it was supporting over 1000 orphans and over 1200 adoptive families.[26] In 2016, Avdeev co-authored Caravan of happy stories (Russian: Караван счастливых историй) book about adoptive families.[27] In 2017, he was awarded the Wings of the stork (Russian: Крылья аиста) award from the Government of Moscow as a patron of the year.[28]

Personal life

Adveev has 23 children, 19 of whom are adopted.[2] He started to adopt orphans in 2002, when he was 35.[27] As of 2013, Adveev and Sulaiman Abdul Aziz Al Rajhi were two members of Forbes billionaires list with 23 children.[2]

References
  1. "Авдеев Роман Иванович: личное дело" [Avdeev Roman Ivanovich: personal profile]. Kommersant (in Russian). 2018-03-20. Archived from the original on 2018-03-21. Retrieved 2018-09-15.
  2. Reaney, Patricia (2013-03-04). "Factbox: Record number of billionaires make Forbes 2013 list". Reuters. Archived from the original on 2018-06-28. Retrieved 2018-09-15.
  3. Schimpfössl, Elisabeth (2018). Rich Russians: From Oligarchs to Bourgeoisie. Oxford University Press. p. 134. ISBN 9780190677770.
  4. "Skolkovo Speakers Nights:Roman Avdeev". Moscow School of Management SKOLKOVO. 2016. Archived from the original on 2018-09-14. Retrieved 2018-09-15.
  5. "Миллиардер Авдеев задумался над халявой" [Billionnaire Avdeev thinks about free giveaways]. Moskovskij Komsomolets (in Russian). 2013-10-23. Archived from the original on 2013-10-31. Retrieved 2018-09-15.
  6. Schimpfössl 2018, p. 74.
  7. "Avdeev, Roman". Reuters. 2018. Archived from the original on 2018-09-16. Retrieved 2018-09-15.
  8. "#1394 Roman Avdeev". Forbes. 2018-08-31. Archived from the original on 2018-08-31. Retrieved 2018-09-15.
  9. Lucy Fitzgeorge-Parker (2014-09-15). "Roman Avdeev: Moscow's most unlikely billionaire". Euromoney. Retrieved 2018-09-15.(subscription required)
  10. Vladimir Chubar; Ben Aris. "Credit Bank of Moscow looks to IPO". Business New Europe (March 2014): 24. Retrieved 2018-09-15 – via issuu.
  11. Dmitry Yakovenko (2018-04-24). "Выживший. Кто помог Роману Авдееву сохранить Московский кредитный банк в кризис" [The Revenant. Who helped Roman Avdeev to keep the Moscow Credit Bank in crisis]. Forbes Russia. Archived from the original on 2018-09-15. Retrieved 2018-09-15.
  12. Alexandra Mertsalova (2017-06-19). "Мы не на Олимпиаде, в конце концов" ["We are not at the Olympics, in the end"]. Kommersant (in Russian). Archived from the original on 2018-09-15. Retrieved 2018-09-15.
  13. "Fraud schemes of the pharmacy empire". Crime Russia. 31 May 2016. Retrieved 25 April 2019.
  14. Tatiana Serafin (2013-03-07). "Full List: European Billionaires Of 2013". Forbes. Archived from the original on 2013-03-14. Retrieved 2018-09-15.
  15. Medetsky, Anatoly (October 8, 2014). "Pharmaceuticals Among Fastest-Growing Industries". The Moscow Times. Archived from the original on 2018-09-16. Retrieved 2018-09-15.
  16. "Onexim Group Sells OPIN To Billionaire Roman Avdeev". Jewish Business News. 2016-12-26. Archived from the original on 2018-09-15. Retrieved 2018-09-15.
  17. Arnold Kabanov (October 6, 2017). ""Торпедо" меняет владельца и президента" [Torpedo changes owner and president]. Kommersant (in Russian). Archived from the original on 2017-10-13. Retrieved 2018-09-15.
  18. Seddon, Max (October 26, 2017). "Credit Bank of Moscow raises nearly $250m as it seeks to allay banking concerns". Financial Times. Retrieved 2018-09-15.
  19. Amanda Erickson (2018-07-22). "A Russian soccer team hired a black player. After fans attacked his race, he was fired". The Washington Post. Archived from the original on 2018-07-23. Retrieved 2018-09-14.
  20. "Основатели "Аптек 36,6" продали свою долю в компании структурам совладельца МКБ" [The founders of 36.6 pharmacy sold their stake in the company to the structures of the co-owner of CBM] (in Russian). Interfax. February 13, 2014. Retrieved 2018-09-15.
  21. Anton Filatov (August 1, 2018). "Ingrad Романа Авдеева застроит территорию косметической фабрики "Свобода"" [Roman Avdeev’s Ingrad company to reconstructure Svoboda cosmetic factory territory]. Vedomosti (in Russian). Retrieved 2018-09-15.
  22. Tatiana Voronova (September 29, 2015). "Роман Авдеев консолидирует контроль над НПФ "Согласие"" [Roman Avdeev consolidates control over APF Soglasie]. Vedomosti (in Russian).
  23. Pavel Aksenov (2016-04-25). "Оборонка идет к "Согласию":Роман Авдеев приобрел НПФ ОПК" [Defence goes to Soglasie: Roman Avdeev bought OPK pension fund]. Kommersant (in Russian). Archived from the original on 2018-09-15. Retrieved 2018-09-15.
  24. "Roman Avdeev: Passions of a philosopher banker". Euromoney. 2014-09-15. Retrieved 2018-09-15.(subscription required)
  25. Matias Hietanen (2018-06-04). "I adopted three children. Believe it or not, it helped me in a career". geekmag.tech. Archived from the original on 2018-09-14. Retrieved 2018-09-15.
  26. Semen Elenin. "Футбольная команда "КП" стала вице-чемпионом благотворительного турнира "Арифметика добра"" [KP’s football team became the vice-champion of the "Arithmetic of Good" charitable tournament]. Komsomolskaya Pravda (in Russian). Archived from the original on 2018-09-14. Retrieved 2018-09-15.
  27. "Презентация книги с историями приемных семей состоится 17 июля в Москве" [Presentation of the book with the stories of foster families will be held July 17 in Moscow] (in Russian). RIA Novosti. 2016-07-15. Archived from the original on 2018-09-14. Retrieved 2018-09-15.
  28. Galina Gracheva. "Роман Авдеев стал меценатом года в Москве" [Roman Avdeev became a patron of the year in Moscow]. Nezavisimaya Gazeta (in Russian). Archived from the original on 2018-09-14. Retrieved 2018-09-15.
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