Alexander Lebedev

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Alexander Evgenievich Lebedev (Алескандр Евгеньевич Лебедев, born 16 December 1959) is a Russian billionaire, referred to as one of the Russian tycoons. In May 2008, he was listed by Forbes magazine as one of the richest Russians and as the 358th richest person in the world with an estimated fortune of $3.1 billion.[1] He owns a third of Aeroflot, and is part owner of Novaya Gazeta.[2]

He is a member of the state Duma and one of socialist Fair Russia party leaders.

Contents

[edit] Biography

[edit] Early life and education

Alexander Lebedev was born to a family of the Moscow intelligentsia. His father, Evgeny Nikolaevich Lebedev was a Professor at Bauman Moscow Highest Technical School and a retired athlete, a former member of the Soviet National Water polo team. Alexander's mother, Maria Sergeyevna, after graduating from Moscow Pedagogic Institute worked in a rural Sakhalin school, then taught English in a Moscow tertiary school [3].

In 1977, Alexander Lebedev entered the Department of Economics at Moscow State Institute of International Relations. After his graduation from this school in 1982, Lebedev started to work for the Institute of Economics of the World Socialist System doing research for his Kandidat (lower Ph.D.) dissertation The problems of debt and the challenges of globalization.

However he soon transferred to the First Chief Directorate (Foreign Intelligence) of KGB. He worked there and at its successor Foreign Intelligence Service until 1992[3]. In London he had the diplomatic cover of an economics attaché [4]. According to Lebedev's personal site [3] his assignments included fighting the Capital flight from Russian Federation. The Sunday Express stated that he “spent more time studying finance and the City than British secrets” [2].

Lebedev continues his research in Economics getting the Kandidat (Ph.D.) degree for his dissertation Problems of the Russian Foreign Debt (Global and Regional Aspects) (2000) and his |Dr. Sci degree for the dissertation Financial Globalization in the context of the Global, Regional and National (Russian) development[3].

[edit] Business career

After retirement as Lieutenant Colonel Lebedev created his first company: the Russian Investment-Finance Company (Русская инвестиционно-финансовая компания). In 1995, the company bought a small and troubled bank named National Reserve Bank that soon grew to become one of the largest Russian banks[3]. The National Reserve Bank and Alfa Bank were the only two out of the ten largest Russian banks that survived the Russian financial crisis of 1998. Now it is in the top thirty of Russian banks[3].

Among bank's assets are:

The bank is the core of the National Reserve Corporation, that according to Lebedev's personal site owns around US$2 billion of assets[3]. Forbes [1] estimates Lebedev's fortune higher as US$3.5 billion.

The National Reserve Corporation included National Meat Company, National Mortgage Company (Национальная Ипотечная Компания), construction companies as well as daughter structures in textile, telecommunications, trams and trolleybuses, electrical power, chemical and tourist industries. They own a large tourist hotel network in Crimea (Ukraine) and plan to create the National Reserve Park that will manage diverse tourist enterprises in Russia, Ukraine and France. According to his website Lebedev was one of the first prominent businessmen with interests to Russian technology and socially-oriented business rather than the simple exploitation of the country's natural resources[3].

[edit] Political career

In 2003 Lebedev stood as a candidate for the elections of Moscow Mayor and State Duma. He received 13% on the Mayoral elections losing to the incumbent Yuriy Luzhkov but won the place in the State Duma by the Rodina party list (he was actually number one on the Moscow regional list of this party). In Duma, he initially moved from conservative "Rodina" to the pro-Government United Russia fraction[3], but after Rodina was merged into the larger socialist coalition Fair Russia, he made his return and now is one of the party leaders.

Currently Lebedev is the Vice-Chairman of Duma's committee on the Commonwealth of Independent States; the coordinator of Duma's group on interactions with Verkhovna Rada of Ukraine and the coordinator of the State Duma group dealing with the city this is incorrect [3].

Lebedev, together with the former President of the Soviet Union, Mikhail Gorbachev, is the owner of the 49% of the Novaya Gazeta, one of the most vocal critics of the current Russian Government [5].

After the assassination of a prominent Novaya Gazeta journalist Anna Politkovskaya Lebedev wrote an article [6] praising the talents of Politkovskaya and suggesting that the assassins were actually trying to target the good names of her opponents. He pledged 25 million Russian rubles (around US$1mln) for the information leading to catching the assassins [6]. So far the reward was not claimed.

Lebedev is a founder and the President of the National Investment Council, a non-political and non-Government organization working to improve the investment sentiments in Russia, protecting interests of the Russian business abroad and fighting the negative sentiments towards the Russian business[3].

[edit] Charity

Lebedev has a long history of supporting culture and charity. He even created the organization named Charitable Reserve Fund (Благотворительный Резервный Фонд) to make some order on these activities. Among the organizations and projects he (or BRF) sponsored are[3]:

Lebedev was awarded the Saint Innokenty of Moscow Order by the Russian Orthodox Church and the Medal Dialogue of Cultures by UNESCO.

[edit] References

  1. ^ a b Forbes listing
  2. ^ a b Times article
  3. ^ a b c d e f g h i j k l Biography Lebedev's personal website (Russian)
  4. ^ Alexander Lebedev: the spy who came in for the gold MoneyWeek 14 January 2007
  5. ^ Peter Finn Gorbachev Invests in Newspaper Washington Post June 8, 2006; A17
  6. ^ a b Alexander Lebedev Shooting Anna Polikovskaya They Targeted Her Opponents Novaya Gazeta 9 October 2006

[edit] External links