Gleb Fetisov Net Worth

What is Gleb Fetisov's Net Worth?

Gleb Fetisov is a prosperous Russian investor, renowned scientist and public figure who has a net worth of $1.9 billion. Today, he serves as the owner and chairman of My Bank. Born Gleb Gennadievich Fetisov in a small town of Moscow in 1966, he started to generate his net worth in 1990 when he joined the Central Economic Institute of Academy of Sciences of the USSR. Having earned his Bachelor's and Doctor's degree from Moscow State University, he joined Alfa Group in 1995 initially working at Alfa Eco. In the meantime, he also held various leading posts in commercial banks, financial and industrial companies; all within a short period from 1993 to 1996. Next, he became the arbitration manager of Achinsk alumina refinery in the Krasnoyarsk region, a position that he held from 1996 to 2000.

As a businessman and investor, Mr. Fetisov reached both the peak of his career and riches holding the majority stakes and occupying the Chairman seat at the Board in My Bank group. In 2011, he made a serious investment in My Decker Capital, an investment company in Beijing that has poured around $100 million into New Cooperation Trade Chain, China's largest retail chain. One year later, he has added some $740 million to his wealth as Altimo (where he had a large stake) sold its 25.1% portion for $5.2 billion to mobile phone operator Megafon owned by Alisher Usmanov. In addition to the above, he is also a lobbyist and a member of the Federation Council, the upper house of the parliament. Gleb Fetisov left that role in 2009 to become the head of the Green Alliance People's Party, a new political party, in the spring of 2012.