How rich is Andrey Melnichenko?
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Andrey Melnichenko Net Worth 2017, Biography & Wiki
Andrey Melnichenko Net Worth: Andrey Melnichenko was born March 8, 1972 in Gomel, Belarus. From modest beginnings, Andrey started out using a chain of currency exchange booths and soon expanded into banking. He finally found big empire in conduit exports, energy and fertilizer. In 1993, he co-founded MDM Bank. He sold his position in MDM Bank in 2007. In 2000, he teamed up with billionaire Sergei Popov, who sold conduits and metals. Jointly with billionaire Dmitry Pumpyansky, an important conduit manufacturing company, they created TMK, Russia’s biggest pipe exporter. In 2006, Melnichenko and Popov sold TMK to Pumpyansky. In addition they founded giant mineral fertilizer company Eurochem and coal company SUEK. In 2006, the partners divide their company conglomerate; Melnichenko kept Eurochem and SUEK. In 2013, Eurochem declared factory building jobs in Louisiana and China. Melnichenko possesses a $300-million mega-yacht, resembling a sub, which he named “A”. The Melnichenkos also possess a villa in Antibes known as Villa Altiar, also the place for his or her wedding. They possess Harewood Estate in Ascot, Surrey in the UK at the same time. In 2010, a year after, the magazine estimated Melnichenko’s bundle to have grown to $4.4 billion, suggesting the value of Melnichenko total world-wide holdings had greatly recovered.