BillionaireNet
Aven
Pyotr Aven
Rank #836
RUSSIAEnergyOil, banking, telecom

Pyotr Aven

Net Worth
$4.865B
+0.03% (24h)
Pyotr Aven, a prominent figure in Russian business and politics, is a self-made billionaire with a diverse background. Born on March 16, 1955, Aven's wealth stems from his involvement in oil, banking, and telecom sectors. He holds both Russian and Latvian citizenship. His career includes serving as the Minister of Foreign Economic Relations for the Russian Federation and as the president of Alfa-Bank, Russia's largest private bank. Aven's net worth is estimated at $4.8 billion as of December 2025, and he is a co-owner of Alfa Bank and LetterOne. Beyond business, Aven is known for his passion for art and philanthropy.

The Full Dossier

Early Life and Education

Pyotr Olegovich Aven was born in Moscow on March 16, 1955. He attended Moscow State University, graduating in 1977, and later obtained a Ph.D. in Economics in 1980. His father was a professor of computer science, and his mother was from a Jewish family. Aven's academic background provided a strong foundation for his future career in finance and economics.

Rise to Success

Aven's career began with a senior researcher position at the All-Union Institute for Systems Studies at the USSR Academy of Sciences. He then served as the Minister of Foreign Economic Relations for the Russian Federation from 1991 to 1992. In 1994, Aven met Mikhail Fridman, and soon became a shareholder of Alfa-Bank. From 1994 to 2011, he served as the president of Alfa-Bank Russia. In 2013, Aven joined the Board of LetterOne Group, contributing to its expansion into telecoms, technology, and energy sectors.

Key Business Strategies

Aven has been involved in key strategic decisions that have shaped the financial landscape. His leadership at Alfa-Bank, coupled with his involvement in LetterOne Group, has been pivotal. He also co-authored "Gaidar's Revolution" in 2015, providing insights into Russia's economic transformation.

Philanthropy

Aven is a supporter of the arts and philanthropy. He has established the charity foundation "Generation" with his wife, supporting various causes. He is also a co-founder of Genesis Philanthropy Group, a major funder of Jewish causes. He is also a collector of Russian Art.

Career Timeline

2022

Stepped down from Alfa-Bank board

Resigned from board amidst sanctions.

2013

Joined LetterOne Group board

Contributed to the group's expansion into telecoms, technology, and energy sectors globally.

2011-2022

Chairman of the Board of Directors of Alfa-Bank

Served as Chairman of the Board.

1994-2011

President of Alfa-Bank Russia

Held the position of president at Russia's largest private bank.

1991-1992

Minister of Foreign Economic Relations for the Russian Federation

Served as Minister under Boris Yeltsin.

1980

Received Ph.D. in Economics

Completed doctoral studies at Moscow State University.

1977

Graduated from Moscow State University

Obtained a degree in Economics.

Philanthropic Impact

Jewish Philanthropy$XB

Genesis Philanthropy Group

Co-founded the Genesis Philanthropy Group, which funds various Jewish causes.

General Philanthropy$XB

Generation Charity Fund

Established the "Generation" charity foundation, supporting children's healthcare and cultural exchanges.

Wealth Trajectory