Andrey Melnichenko



Andrey Igorevich Melnichenko (born 8 March 1972 in Gomel, Belarus) is a Russian industrialist and billionaire.

Industrialist Melnichenko owns majority stakes in fertilizer producer Eurochem, coal producer SUEK and power generator SGK. His first venture in the early 1990s was a chain of currency-exchange booths from which he cofounded MDM Bank. He later founded Eurochem, SUEK and pipe exporter TMK with Sergei Popov, a former metals trader from Ural with whom he started working in 2000. 

Six years later, the partners began divvying up their assets and entirely separated by 2012, with Popov getting the bank and Melnichenko getting the other assets. He spent an estimated $450 million on his Sailing Yacht A, one of the world's largest superyachts; it is currently undergoing sea testing in Spain. It is called A to appear first in shipping registers. He also has a second megayacht, Motor Yacht A, which was designed by Philippe Starck and resembles a sleek, futuristic submarine. Melnichenko owns a collection of Impressionist art, including pieces by Claude Monet, some of which hang inside his yachts. He is married to Aleksandra Nikolic, a Serbian former model.

With an estimated personal wealth of $13.2 billion, in 2017 he ranked 89th in the Forbes World’s billionaires list (9th in Russia).
 

Andrey Melnichenko said goodbye to SUEK

Business10.03.2022

Billionaire Andrei Melnichenko, who together with his family owned 92.2% of Russia's largest coal company SUEK, has ceased to own this stake. This happened after the imposition of EU sanctions.

Solzhenitsyn's son became king of coal mountain

Business19.05.2020

Stepan Solzhenitsyn headed the largest coal company in Russia - SUEK. E

Andrey Melnichenko knocks out 2 billion rubles

Business14.11.2019

Billionaire Andrei Melnichenko filed a lawsuit against the state institution Reserve-Supply: the oligarch demands more than 2 billion rubles for “working” with such entities as the LPR and the DPR.

Andrey Melnichenko will lose yachts for supporting LDNR

Business13.11.2019

The coal-chemical oligarch decided to risk his fortune and fall under Western sanctions because of his greed.

Andrei Melnichenko will lead the Far Eastern Energy Company into the Bermuda Triangle

Business19.06.2019

Well-known businessman Andrei Melnichenko can easily get attractive energy assets in the Primorye Territory.

Deripaska, Melnichenko, Vekselberg: the most impoverished Russian billionaires of the year

Business03.01.2019

Sanctions and falling ruble are not the first year because of these factors the Russian Forbes list members are getting poorer.

Siberian Generating Company will take 50 billion rubles to expand

Business08.09.2018

The structure of the oligarch Andrei Melnichenko simultaneously leads an active absorption of competitors and patches his own financial holes.

The richest heirs of Russia

Business25.05.2018

Forbes presented the rating of the heirs of the richest businessmen of Russia for the third time. The first place was taken by Yusuf Alekperov, the second place was occupied by the children of Leonid Mikhelson, "bronze" - in the son and daughter of Andrei Melnichenko.

Andrei Melnichenko was driven from the Ukrainian market

Business16.05.2018

Eurochem will not be able to supply Ukrainian agrarians with mineral fertilizers because of the embargo.

Putin makes billionaires

Business16.03.2018

Since 2012, the state of the oligarchs in Russia has grown by $ 29.5 billion.

Bloomberg estimates the growth of the state of billionaires from Russia for Putin's third term

Business16.03.2018

Only Jeff Bezos achieved the best result in a year.

Vladimir Lisin returned to the first place in the Russian list of Forbes

Business06.03.2018

The list of richest people in Russia, according to Forbes magazine, was replaced by the leader. He became the owner of a controlling stake in the Novolipetsk Metallurgical Combine (NLMK) Vladimir Lisin. His state of the publication was estimated at 19.1 billion dollars.

The US intimidated Andrei Melnichenko

Business12.02.2018

Its SUEK has not been supplying coal for several months through the North Korean port of Rajin, which was reconstructed at the expense of the Russian budget. The reason: American sanctions against the DPRK, which, by the way, Moscow supported.

What will end the coal war of Andrei Melnichenko and Igor Zyuzin

Business31.01.2018

As SUEK Andrei Melnichenko and Mechel Igor Zyuzin share the premium coal market in South-East Asia.

Who got in the "Kremlin report" of the US Treasury

Society30.01.2018

In the "Kremlin report" of the US Treasury, there are more than 200 people: officials, heads of state companies and billionaires.

Andrei Melnichenko followed in the footsteps of Suleiman Kerimov

Business25.01.2018

The owner of Eurochem Andrey Melnichenko may find it unnecessary for his Western "partners".

Dmitry Rybolovlev builds a yacht at the shipyard in the Netherlands

Business11.01.2018

The Russian billionaire will soon enter the elite club of Russian businessmen with yachts over 100 meters long.

Andrei Melnichenko is ready to buy an energy company from Mikhail Abyzov

Business09.01.2018

After the deal, Russia will have a new largest consumer of coal.

Russian oligarchs are fat with money

Business03.11.2017

Russian billionaires have grown rich by 22 billion dollars since the beginning of the year.

Ukrainian authorities accused Eurochem of financing Lugansk and Donetsk Republics

Governance21.09.2017

Kiev banned the supplies of fertilizers from the companies of oligarch Andrey Melnichenko to Ukraine.

The devil is in the details: why Russia's coal industry has no encouraging prospects

Business14.07.2017

Government's pride that Russia produces, as a typical third-world country, more coal, and carries it in ever larger quantities for ever greater distances, looks rather strange in modern conditions.

When length matters

Society23.05.2017

How Roman Abramovich, Alisher Usmanov and other Russian billionaires buy and sell luxury yachts.

Andrey Melnichenko refused to sell his old yacht

Society19.05.2017

No buyers are willing to buy a strange vessel of the scandalous oligarch.

The richest people of Russia in the Forbes global ranking 2017

Business21.03.2017

List of most wealthy Russians for the second consecutive year is headed by the co-owner of "Novatek" and "Sibur" Leonid Michelson.

Melnichenko's mega-yacht was arrested in Gibraltar for a €15.3 million claim

Society20.02.2017

The lawyers of Nobiskrug shipyard have filed a lawsuit against the customer of the yacht for breach of contract.

The most capacious sailing ship in the world: the new Melnichenko's yacht

Business04.02.2017

German shipyard Nobiskrug today finished the contruction of the Russian billionaire Andrey Melnichenko's yeach under Philippe Starck's project. No one in the world has ever built such large sailboats.

International registration: employees of Melnichenko's company moved to offshore

Business16.01.2017

"Living on a boat": Andrey Melnichenko extradited his subordinates to Cyprus.

EuroChem suspects former employees of kickbacks

Business27.01.2015

As it became known to Forbes, Andrey Melnichenko's company filed a lawsuit against its former managers for illegal commissions from the contractors. EuroChem estimated the damage at nearly $40 million.