Early Life
Lev Kvetnoi was born on August 27, 1965, in Rogachevo, Moscow Oblast, near Moscow. In the early 1990s, he began his business career, trading computers with a friend from the army, Andrei Skoch, who is now also a billionaire.
Rise to Success
In 1995, Kvetnoi joined Alisher Usmanov's metals group, serving as Chief Executive of one of its companies. He sold his interests to Usmanov in 2006. In 2007, he invested in National Standard Bank and NovorossCement, Russia's third-largest cement producer. NovorossCement was later delisted and is now a private company, held by Kvetnoi.
Key Business Strategies
Kvetnoi expanded his cement business by acquiring a factory owned by billionaire Elena Baturina in 2011. He was also a major shareholder in airport service companies, including an airplane repair factory. His strategy included strategic investments in key sectors, such as cement and related businesses. He was also the largest shareholder in Moscow's Vnukovo Airport before selling his stake in 2013.
Philanthropy
Information on Kvetnoi's specific philanthropic activities and amounts could not be found with the current search. However, the search results indicate his involvement in community development and a desire to contribute positively to society.