Andrey Melnichenko
Russian industrialist and billionaire
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July 2024 | Conducted an interview with Tucker Carlson in El Salvador, discussing his inability to travel to the European Union and the United States due to sanctions. |
March 8 2024 | Ranked #91 on Forbes list of The Richest People In The World with a net worth of $21.1 Billion. |
2023 | Ranked first among Russian billionaires with a fortune of $25.2 billion, placing 58th globally in wealth rankings. |
October 2023 | Melnichenko settled the lawsuit with Kuzbassenergo, which owns Sibeco. The settlement involved diverting an undisclosed amount of money to a social charity focused on children's education. |
August 2023 | Russia's Prosecutor General's Office filed a lawsuit against Melnichenko seeking to nationalize his former company Sibeco, which owns several thermal power plants. |
January 2023 | Sanctioned by Japan in relation to the Russian invasion of Ukraine. |
2022 | Sanctioned by the UK government in relation to the Russo-Ukrainian War. |
2022 | Spoke out against the Russian invasion of Ukraine, calling for urgent peace and warning of potential global food crisis due to fertilizer price increases. |
2022 | Estimated net worth reached $15.8 billion by Forbes and $17.4 billion by Bloomberg, establishing him as one of Russia's richest entrepreneurs. |
March 2022 | Italian authorities seized Sailing Yacht A in the port city of Trieste following EU sanctions on Russian businessmen. Melnichenko stated he would dispute the sanctions. |
March 9 2022 | Placed on the EU sanctions list for being a leading Russian businessperson providing substantial revenue to the Russian government. |
March 9 2022 | Melnichenko resigned from all positions at SUEK and withdrew as its beneficiary. |
March 9 2022 | Melnichenko resigned from all positions at EuroChem and withdrew as its beneficiary. |
March 9 2022 | Ceased being a non-executive director in EuroChem Group and SUEK, companies he previously founded. |
2020 | EuroChem's Usolskiy Potash Project in Perm produced 2.223 million metric tons of potash. |
2019 | Awarded the honour of Commendatore of the Order of the Star of Italy for encouraging dialogue and economic cooperation between Italy and Russia. |
2019 | EuroChem launched a US$1 billion ammonia plant, EuroChem Northwest, in Kingisepp, Russia, with 1 million tonnes per year production capacity. |
2018 | SUEK took over the Siberian Generating Company (SGC). |
May 2017 | Sailing Yacht A was handed over to Melnichenko in Monaco, described by Boat International as a 'boundary pushing superyacht'. |
2016 | Bloomberg reported on Melnichenko's focus on the fertilizer business and innovative approach to his high-tech projects. |
2016 | EuroChem invested in Agrinos, a biological crop nutrition company, for research and development. |
2015 | EuroChem moved its headquarters to Switzerland to access international capital markets. |
April 2015 | Melnichenko began serving as Non-Executive Director of SUEK JSC. |
2013 | Melnichenko became the primary shareholder of SUEK and SGC after buying out his ex-partner's shares. |
2012 | Began a period of significant investment, with his companies making 20% of all investments by non-oil and gas companies in Russia between 2012-2017. |
July 2012 | EuroChem completed the acquisition of K+S Nitrogen, a nitrogenous fertilizers marketing company. |
March 31 2012 | EuroChem acquired a BASF SE plant in Antwerp, Belgium for 830 million euros. |
2011 | EuroChem acquired laboratories in Germany, leading to the development of second-generation fertilizers. |
June 2011 | Melnichenko became the chairman of SUEK JSC and created the Siberian Generating Company (SGC) on the basis of SUEK's electricity assets. |
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