BillionaireNet
Shubarev
Maxim Shubarev
Rank #2931
RUSSIAreal-estateReal Estate

Maxim Shubarev

Net Worth
$1.14B
0% (24h)
Maxim Shubarev, a prominent figure in the Russian real estate sector, is the founder of Setl Group, one of the largest real estate developers in Russia. Born in 1968, Shubarev's career began in radio equipment before transitioning to real estate in the 1990s. His source of wealth stems from his success in Real Estate. Over the years, he has led Setl Group to build approximately 350 apartment buildings. Shubarev is also known for his philanthropic efforts and his commitment to preserving historical buildings. He currently has a net worth of $1.1 billion.

The Full Dossier

Early Life

Maxim Valerievich Shubarev was born on May 25, 1968, in Leningrad (now St. Petersburg), into a family of engineers. His early exposure to engineering and technology, as his father worked on radio-electronic equipment. Shubarev's interest in technology continued and he worked as a radio equipment assembler. He also served in the Soviet Navy from 1986 to 1989.

Rise to Success

After completing his military service, Shubarev pursued higher education in economics and management at the Leningrad Polytechnic Institute, graduating in 1993. In 1994, he founded Petersburg Real Estate, which later became Setl Group, one of the leading real estate developers in Russia. Under his leadership, the company expanded rapidly, constructing residential and commercial properties, and contributing significantly to the architectural landscape and infrastructure of St. Petersburg.

Key Business Strategies

Shubarev's key business strategies include a focus on high-quality construction, a commitment to restoring historical buildings, and the development of social infrastructure. He has emphasized building a strong reputation and fulfilling all commitments to earn clients trust, which was crucial in the economic climate. Setl Group has also been involved in the construction of social facilities like schools and kindergartens, as well as the improvement of transportation.

Philanthropy

Maxim Shubarev is actively involved in philanthropy, with Setl Group regularly donating funds to various social projects. These initiatives include renovations of healthcare and educational institutions, support for cultural events and sports activities, and providing aid to orphanages and animal shelters. Setl Group also supports the restoration of historical monuments and contributes to the development of social infrastructure in St. Petersburg.

Career Timeline

2023

Merited Builder of St. Petersburg

Received recognition for his contributions to the city's construction and development.

2006

Rebranded Petersburg Real Estate to Setl Group

Changed the company's name to reflect its growth and expansion.

1999

Transformed Petersburg Real Estate into a corporation.

Took the position of president and expanded business operations.

1994

Founded Petersburg Real Estate

Established the company, which later evolved into Setl Group, marking the start of his real estate development career.

Philanthropic Impact

Social WelfareUndisclosed

Support for Orphanages and Animal Shelters

Regularly donates funds and resources to support orphanages, animal shelters, and their operational needs.

Education and HealthcareUndisclosed

Renovation of Educational and Healthcare Institutions

Financially supports the reconstruction and re-equipment of schools, kindergartens, and medical facilities.

Cultural HeritageUndisclosed

Restoration of Historical Monuments

Undertakes projects to restore and preserve historical buildings, integrating them into modern urban infrastructure.

Wealth Trajectory