Russian businessman Mikhail Maratovich Fridman has an estimated net worth of $14.2 billion as of 2015, according to Forbes. This declined to $13.1 billion as of October 2018. He is one of the founders of the Alfa Group Consortium.
Mikhail was born on 21 April 1964 in Lviv. He is of Ukrainian Jewish descent. He earned his Bachelor of Arts degree from the Moscow Institute of Steel and Alloys in the year 1986.
Fridman started his career in trading and financial services. Along with his college friends and billionaires Alexei Kuzmichev and German Khan, Fridman founded the Alfa Group Consortium in 1989. Today it is one of Russia’s largest privately-owned investment groups. Fridman is the chairman of the Supervisory Board of the group. He shares control of the group with Kuzmichev and Khan.
Fridman serves as the chairman of the L1 Group. He is a member of the Supervisory Board of DEA Deutsche Erdoel AG. In 2011 Alfa-controlled telecom provider VimpelCom bought the telecom holdings of Egyptian billionaire Naguib Sawiris. Fridman sold 50 percent stake in joint oil venture TNK-BP to state-owned oil company Rosneft for $28 billion in 2013. He made $5.1 billion in the deal.
Mikhail Fridman is divorced and has two children. He resides in Moscow, Russia.