Mikhail Maratovich Fridman (Russian: Михаи́л Мара́тович Фри́дман; born 21 April 1964) is a Russian billionaire businessman and philanthropist. With Russian and Israeli citizenship, in 1988 he co-founded Alfa-Group, a multinational conglomerate. According to Forbes, he is the second richest Russian as of 2017.
In 1990 he co-founded Alfa-Bank, which is now the largest private bank in Russia. After serving as chairman of TNK-BP, the 50/50 TNK-BP joint venture, for nine years, in 2013 he sold his stake in the company and co-founded the international investment company LetterOne (L1), headquartered in Luxembourg. Fridman currently sits as chairman of the supervisory board of Alfa Group Consortium, and he is also on the boards of Alfa-Bank and ABH Holdings, which is the Luxembourg based holding company of Alfa-Banking Group. He is also on the supervisory board of directors for VimpelCom and X5 Retail Group. He is chairman of the L1, and since DEA Deutsche Erdoel AG was bought by L1 Energy in 2015, he has been a member of its supervisory board. Fridman has been a member of numerous public facing bodies, including the Russian Union of Industrialists and Entrepreneurs, the Public Chamber of Russia, and the Council of Foreign Relations in the United States. Also a philanthropist and active supporter of cultural initiatives, he co-founded both the Russian Jewish Congress, the Genesis Prize, and the Genesis Philanthropy Group, supporting Jewish communities across the FSU.
Russian business oligarch Mikhail Fridman has an estimated net worth of $14.7 billion in January 2018. His massive net worth is derived from banking, oil and telecom businesses. Currently, he sits as the Chairman of the Supervisory Board of Alfa Group Consortium, a company he founded in 1989. Today, Alfa Group Consortium is considered as one of the largest private investment groups in Russia. Of Jewish ancestry, Mikhail Maratovich Fridman was born on April 21, 1964 in Lviv, Ukraine, USSR. He is currently divorced with two children. He is a graduate of Moscow Institute of Steel and Alloys.
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