Businessman

Mikhail Balakin Net Worth

Mikhail Balakin Net Worth is
$1.8 Billion



Mikhail Balakin Biography

$1.8 Billion: Mikhail Dmitrievich Balakin (Russian: Михаил Дмитриевич Балакин, born April 20, 1961 in Serpukhov, Moscow area, USSR), is a Russian businessman and chairman of the plank of directors of the SU-155 Band of businesses.Mikhail Balakin was created to a family group of builders. He graduated the Kuibyshev Moscow Condition University of Civil Engineering with a level in civil engineering and a focus in high temperature and gas source and ventilation.He worked his method up from get better at to chief engineer more than the next eight years. In 1990 he was called director of Construction Administration No. 155 (SU-155).He became co-owner and general director of SU-155 when the business became a publicly traded entity in 1993.In 2000 he moved to function in the Moscow mayor’s office, where he was in charge of the structure of municipal tasks and the renovation of substandard (dilapidated) casing. The Moscow International Home of Music, the brand new stage for the Bolshoi Theatre, Square of European countries close to the Kiyevsky railway station and the MGU Library had been remodelled while he was doing work for the mayor of Moscow.After deciding to leave the mayor’s office in 2005, he returned to the helm of SU-155, where he’s the chairman of the plank of directors.Mikhail Balakin may be the majority shareholder of the SU-155 Band of companies, comprising more than 80 industrial and structure businesses. SU-155 income in 2013 rose by 35% to 114.2 billion roubles.Mikhail Balakin was among the shareholders of NS Lender, but he sold his shares in the lender in April 2013.He divested himself his possessions in management companies which were originally portion of the SU-155 Group in 2014 to be able to focus on the primary business of the Group Mikhail Balakin Net Value: Mikhail Balakin is a Russian businessman who includes a net value of $1.9 billion. Mr. Balakin is most beneficial referred to as the founder of CD-155, a construction firm that is actively operating since 1954. Initially named “Stroymontazhtrest #3 3”, the business has been obtaining its revenues from both condition and private tasks. A graduate of Moscow Institute of Civil Engineering, Balakin is thought to have began his pro career soon after his graduation. He produced his begin in the Glavmosstroi, a huge Soviet construction company at that time. In 1993, the division where he worked went personal and Mikhail Balakin was the main one to consider it over. A global known Construction personality Mikhail Balakin born in 1st january in great city of Russia. Mikhail Balakin net worthy of regarding to 2015 stats is certainly $1,800,000,000. Russian businessman


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