BillionaireNet
Minovalov
Kirill Minovalov
Rank #2794
RUSSIAFood & BeverageAgriculture, finance

Kirill Minovalov

Net Worth
$1.229B
0% (24h)
Kirill Minovalov, born in Moscow in 1971, is a prominent Russian businessman with a current net worth of $1.2 billion. His wealth stems from his ventures in agriculture and finance. Minovalov's career began with founding a consulting firm, Alcor, in 1991. In 1994, he founded Avangard Bank, where he currently serves as President and Chairman. He also has significant investments in other industries, including Avangard-Agro, one of Russia's largest agricultural producers, and Avangard Malz, a major malting company in Germany. His achievements include building a large financial institution and expanding into agriculture and other sectors.

The Full Dossier

Early Life

Kirill Vadimovich Minovalov was born on April 22, 1971, in Moscow, Russia. He graduated from the Moscow Institute of Railway Transport Engineers (MIIT) with a degree in Systems Engineering in 1993. He also pursued studies at the Institute of Higher Management Personnel of the Academy of National Economy under the Government of the Russian Federation, specializing in banking.

Rise to Success

Minovalov's entrepreneurial journey began with the founding of Alcor, a consulting firm, in 1991. His pivotal career move came in 1994 when he established Avangard Bank. Under his leadership, Avangard Bank grew to operate 300 offices across 50 Russian regions, employing around 3,500 staff. He also expanded into other sectors, including agriculture and the food industry. In 2006, he acquired the assets of Weissheimer Malz, leading to the creation of Avangard Malz, now a major malting company in Germany.

Key Business Strategies

Minovalov's business strategy has focused on diversification and strategic investments. He has expanded Avangard Bank's operations and invested in various sectors, including agriculture and manufacturing. This diversification has been key to his success. Moreover, he has demonstrated an ability to identify and capitalize on opportunities, such as the acquisition of Weissheimer Malz, which led to his expansion in the malting industry.

Philanthropy

There is no readily available, verifiable information on the specific amounts of philanthropy of Kirill Minovalov. The search results do not provide specific details on his philanthropic activities or the amounts he has contributed to any initiatives.

Career Timeline

2006

Acquired Weissheimer Malz

Purchased the assets of Weissheimer Malz, leading to the formation of Avangard Malz, a malting company.

1994

Founded Avangard Bank

Established Avangard Bank, where he currently serves as President and Chairman.

1991

Founded Alcor consulting firm

Started Alcor, a consulting firm, marking the beginning of his entrepreneurial journey.

Wealth Trajectory