Alexander Friedman did not spoil the money

Worried his own way.
28.05.2019
Forbes
Origin source
The only son of Mikhail Fridman, the largest shareholder of Alfa Group and LetterOne, 18-year-old Alexander lives in England, completes his studies at the private school of Sevenoks and is already engaged in business. In April, he flew to Moscow to meet with partners, and in an interview with Forbes told about himself and his relationship with his father.

Business. The AFF Hookah company, created by Alexander with friends - Denis Antonov and Mikhail Fridman (father’s namesake), has been delivering steam cocktails to the Sixty restaurant since the end of April, next in line is “Aunt Motya” in Gorky Park and in Sokolniki. “As a lover of smoking a hookah, I talked with them for a long time,” he says about partners. “They are intelligent guys, they have been working in this field for ten years already.” The hookah business, he said, is attractive by its high margins, the absence of fixed costs, flexibility and low competition. “In my opinion, there are few institutions in Russia that can boast a synergy of good nutrition, a pleasant atmosphere and delicious steam hookah,” explains Alexander. At the start, the partners invested in the business "no more than 1.5 million rubles." “If you remember, my father washed the windows, and I washed the flasks,” the young businessman jokes.

Help father. “I never consult with my father on the subject of what to do, I have completely all my own. I think he is not even aware of what we are doing. If in the know, then only in general outlines. Where, with whom and what the volume of investment, he does not know. For example, we agreed to supply hookahs to Alfa Future People, which Dad, I think, also does not know. We did not discuss this with him. And I will never go out of principle to ask him for money - I already have more opportunities at the start due to education and connections. Going to the father would be humiliating. I always managed to find the funds for some of my ideas. ” Alexander practically does not work with the structures of his father, his event-agency “Artist Bank” (a joint project with DJ Smash) only once organized an event for a small division of Alfa Group.

Relationship in the family. “They definitely didn’t indulge me, brought me up very modestly, never gave me any money. I was instilled a feeling of hunger, from where there was a desire to do something, try to do something myself, earn money. My father had one requirement for me - it was study, everything else was not so important for him. ” Sasha felt independent at the age of 13, when he began life in Sevenoks boarding school. He calls his relationship with his parents “partner-business”: “I cannot say that I am bathing in affection and warmth, but it helps me in business.”

London. “Life in London helps to think widely: you see the Western mentality, you see the Russian one and you can more finely adjust to people. It helps to achieve successful results in negotiations. My parents tried to create an international community for me as much as possible, for which I am grateful. ”

Moving to New York. In September, Alexander will begin studying at the Stern Business School. “The most important thing in university education for me is communication. I agree with my father that entrepreneurial ability is an innate quality. Stern will help me gain fundamental knowledge, and I like that he is in New York. I did not go to Yale because I want to have connections not only at the university, but also in the city — internal and external relations. In New York, I will watch some new projects. Hookahs are just the beginning. Rather, hookahs - this is a step forward, before that I was engaged in bars. For me, this is a way to earn start-up capital.

The only son of the president of Lukoil left the company and went into business, the billionaire told Vedomosti in October 2018. Yusuf through the company EKTO owns 60% of LLC VTP (oil transportation), he and his father shared ownership of LLC Lukavto (Mercedes-Benz dealer), his wife Alisa directs LLC Yusal (property management). Yusuf also has a company called Plan B (production of soft drinks). Plan A, however, has also not been canceled by anyone: under the will, Yusuf will receive a stake in Lukoil belonging to his father, but he will not manage the company.

The daughter of the main owner of Novatek and Sibur companies has been a member of the Board of Trustees of the New Museum since 2016. Her father in 2009 created the foundation for the support of young Russian artists Victoria - The Art of Being Modern (V-A-C Foundation). More recently, Victoria is engaged in business - in the summer of 2018 she became the sole owner of the construction company "Nova", the contractor of "Novatek". Victoria basically does not give interviews, refuses to communicate with the media. About her younger brother almost nothing is known.

In the mid-1990s, a dacha burnt by the owner of NLMK, he sent his sons abroad and has since avoided talking about the family. The eldest son, Dmitry, has been working for his father’s companies since the mid-2000s, he has been on the boards of many transport companies of the UCL holding company, and is in charge of Business Media and Radio Chocolate. Yuri owns Luxembourg-based capital management company RiskInvest Holding - it owns 4.25% of Fletcher Group, which includes NLMK and UCLH. Dmitry believes that the father will hand over the management of his sons "even tomorrow." Anastasia is studying at Moscow State University.

The son of the main shareholder of the UMMC graduated from the London School of Economics and the Hult Business School and works in the father’s group as Deputy General Director for Commercial and Financial Issues at the Chelyabinsk Zinc Plant. Together with the Kazakh businessman Kenes Rakishev is a partner of the Israeli venture fund Singulariteam (investment in fintech). At the end of 2018, he became almost one hundred percent owner of Inframain (digital solutions for the metallurgical, coal and chemical industries). Among the clients are Kazzinc, Glencore and UMMC.

The eldest, Natalia, studied literature at Oxford. Returning to Russia, according to sources Forbes, took up the movie. Ksenia graduated from Edinburgh University, studied philosophy and French. She has two sons. Her husband is Gleb Frank, son of Sovcomflot general director Sergei Frank. In 2018, Ksenia sold her 12.5% ​​stake in Sogaz, inherited from her father. She works at the Elena and Gennady Timchenko Charitable Foundation, which ranked first in the Forbes Russian billionaire charity foundations rating. The younger son, Ivan, was born in Helsinki and studies international relations at the University of Geneva.

The wife of the owner of the companies EuroChem and SUEK, the former soloist of the Belgrade group of Models Alexander Melnichenko (nee Sandra Nikolic) gave birth to her second child in 2017 - the boy Adrian. Melnichenko's daughters Tara is seven years old. Children travel with their parents around the world - Melnichenko has homes in Monaco, France, the USA, Great Britain, Switzerland and Russia and two megayachts: the world's largest sailing yacht "A" and motor yacht "A". The last time the whole family was seen on the public beach of the Caribbean island of Anguilla at the end of March 2019.

The children of the owner of the Renova Group, who fell under US sanctions, are closely connected with America. Both graduated from Yale University. Irina in 2005 became a co-founder of NP Yale Club in Russia. Alexander is a US citizen by birth, worked with Renova Venture Fund Columbus Nova Technology Partners (CNTP), owns Ferrari car dealerships in Denver and Philadelphia. Irina worked as an analyst at Citigroup in New York until 2002, and in 2002–2009 in SUAL and Renova. Now she lives in Moscow with two children and her husband Salavat Rezbayev, the founder of Trilogy Capital Group.
In the summer of 2015, the only daughter of the General Director of the Ural Mining and Metallurgical Company (UMMC) graduated from the Lomonosov school “Intek” in the Istrinsky district of the Moscow region with the gold medal “For Special Success in Teaching”, after which she entered the paid department of the Higher School of Economics (HSE) Faculty of Economics . At the end of the third year of undergraduate studies in 2018, Maria Andreevna Kozitsyna in the overall ranking of 272 students of her course took 127th place with an average score of 6.96 out of 10 possible.

In October 2018, Lukoil co-owner Leonid Fedun transferred 17 million shares from his stake to his son and daughter. Now these shares are worth almost $ 1.5 billion, but whether the children can dispose of them at their discretion and how much is on each, is not disclosed. Son Anton lives in London, manages his luxury hotel The Ampersand Hotel and Vintry & Mercer. He graduated from the University of Surrey with a degree in management and tourism and a business school Regents. His sister Catherine studied at MGIMO and in the same Regents. In 2014, she married Juhan Geraskin, technical director of Spartak FC (until October 2018).

The eldest daughter of the owner of Magnitka, Tatiana in the middle of the 2000s, was engaged in the supply of products of the plant abroad. Later I started my own business: I had a stake in the construction center “Stroy Dvor”, now she has a construction company “Reconstruction”. Olga has worked at the plant of her father for 13 years, in recent years - as the Director of Finance of the Moscow office of MMK. In 2017, she left this position, retaining a seat on the board of directors. Olga owns villas (Villa les Figuiers and Villa Nellcote) in France, which previously belonged to her father. In 2013 she starred in the episode of Timur Bekmambetov's movie “Christmas Trees-3”.

In 2013, the owner of Interros, Vladimir Potanin, was the first in Russia to join the Oath of Donation, promising to donate at least 50% of his capital to charity. His older children were fond of aquabike: the son is a multiple champion of Russia, the daughter is three times world champion. After aquabike, Anastasia started dancing, thanks to which she met her husband, dancer Artem Kruchin. In 2018, they played a wedding in Antibes. Ivan is an analyst at LR Global in New York, Vasily studied in New York at the Friends Academy. In the second marriage, the billionaire has a daughter Varya and a son.
 
The eldest daughter of the founder of the Alfa Group, Laura, while studying at Yale, danced in the ballet troupe Yaledancers, and after graduation signed a contract with the Israeli State Ballet. Katya, after graduating from Yale, remained in New York and since August 2018 has been working for Teneo (management consulting). Son Alexander will graduate from Sevenoks in the summer and will move from England to the USA — he will study at the Stern Business School. He is already engaged in business as a co-founder of the event-agency "Artist Bank" and the company AFF Hookah (hookahs on outsourcing). The younger, Nick, while studying in Moscow.

The owner of Severstal divorced his first wife, Elena Mityukova, in 1996, when his son Ilya was ten years old. Mordashov has not communicated with him for a long time. From the second wife, also Helen, he has two sons - Kirill and Nikita, Mordashov will give them 65% of the shares of the gold mining company Nordgold. This will allow the brothers to become members of the Forbes list. With a third wife Marina, the businessman has three children. They all study at the Wunderpark school in New Riga, which their mother opened.

The daughter of the founder of the network "Magnit" graduated from the Kuban State University under the program "economy". At the university's senior courses, Polina began to participate in the life of her father’s company: she attended meetings, communicated with heads of departments, delving into the details of the department. But Galitsky does not want her to do business. “I saw a business. I do not want such a life for my daughter, ”he said in an interview with Russian Standards! Fears of a businessman are not unreasonable: the Cycleclub fitness center, opened in the summer of 2018, in which Polina owned 50%, is now being eliminated.

The eldest daughter of the ex-owner of "BRIC" Catherine is engaged in horse riding. Thanks to this, I met Aristotle Onassis’s granddaughter, Athena, and agreed with her about the purchase of the Greek island of Scorpios. Now he belongs to the family trust, Catherine is the beneficiary. On the island, they played her wedding with Uruguayan financier Juan Sartori, who wants to become president of Uruguay. The couple have two children. The younger daughter Rybolovleva Anna lives in Switzerland with his ex-wife Elena, who after a divorce received $ 600 million and entered the Forbes list.

The son of a co-owner of Evraz began his career in the company of his father. After working for about a year, he moved to the Troika Dialog Asset Management Company as an analyst for telecoms and the IT sector. The billionaire's heir also tried his hand at civil service at Rosatom, but was disappointed and went to London to receive an MBA. In the same place, the future businessman got a job in the venture fund DFJ Esprit, and later together with a friend with whom he studied at the HSE, he already created his own fund. Target Global currently manages over $ 700 million.

The children of LetterOne shareholder, Chairman of the Board of Directors of Alfa-Bank Group Peter Aven, in 2016 graduated from Yale University and stayed in New York. Denis, who studied economics and mathematics, first worked as an analyst at the investment company Lazard, and in August 2018 went to Warburg Pincus, where he specializes in investments in the TMT sector (technology, media and telecom). Daria worked as a product development coordinator at the New York-based MAC Cosmetics company, and in January 2018 she moved to Tom Ford.

Alexey Kuzmichev, Mikhail Fridman’s partner in Alfa Group and LetterOne, had twin daughters Margo and Tay at the end of October last year. Their older brother Alexis lives in Paris, studies at one of the best private schools in France, plays tennis, loves music, and listens to hard rock with great pleasure. New Year's holidays spent with his father in St. Moritz, skiing together. Mother Svetlana Kuzmicheva-Uspenskaya with two-month-old girls was left below, on the sea in Saint-Tropez.

Eve's eldest daughter, co-owner of LetterOne, had a son in 2018, he was named Boris, in honor of his great-grandfather. Eva lives in London with her husband, Dutch lawyer Alex van der Zwan, until recently an employee of Skadden. In April 2018, he was sentenced to 30 days in prison for giving false testimony to FBI agents about his relationship with Rick Gates, a partner with former campaign manager Donald Trump Paul Manafort. The youngest daughter, Elya, is studying at Wellington College in the British county of Berkshire.

The only son of the main owner of the Pipe Metallurgical Company and the Sinara Group lives with his wife and two children in Geneva, manages the Swiss investment fund Lera Uncorrelated Fund, which allocates capital to hedge funds. He participates in the development of the Bebian family winery, located in Pezenas in the south of France. His father’s business is interesting - Alexander is on the boards of directors of Sinara and TMK, heads the council of SKB-Bank, develops the SKB group (includes Gazenergobank and DeloBank). He plays tennis and enjoys aviation.

Business

Previous Article
Next article