Dmitry Rybolovlev Success Story
Dmitry Rybolovlev is a businessman, philantropist and investor of Russian origin. He is a self-made billionaire. According to Forbes, Dmitry is the 156th richest billionaire in the world and the 14th richest man in Russia. His estimated net worth is US$ 8.5 billion. His major source of wealth comes from the fertilizer industry. He is the owner of Potas producer Uralkali. Rybolovlev is the majority stake-holder and President, French football club, As Monaco.
Dmitry Rybolovlev was born on 26th of November 1966 in Perm, Soviet Union. Dmitry comes from a medical family. Both his parents were doctors and Dmitry himself graduated as a cardiologist from the Perm Medical Institute. In his childhood years, Dmitry found great inspiration from the book 'The Financier' by Theodore Dreiser, which inspired him to venture into business.
Dmitry started his career as a cardiologist for emergency services. He launched his first medical business project with his father Evgeny. The company was known as Magnetics and it found alternative forms of medical treatment through magnetic fields.
Dmitry started selling his products in the market and this earned him massive profits. It was during this time that Dmitry earned his first ever million dollars. Dmitry got the Russian Ministry of Finance certificate in 1992. This certificate enabled him to trade and deal with securities. Dmitry founded an investment company in the same year. By the year 1995 Dmitry popped of majority of his shares and refocused his energy in enterprises that operated in the potassium industry specifically in Uralkali. For the next decade and a half he devoted most of his time to expansion of Uralkali. Uralkali today is Russia’s biggest producer of potassium fertilizers. The company is even publicly listed on the London stock exchange. Its initial listing on the LSE gained the company US$ 1 billion. Finally Dmitry sold his stake in the company for US$ 6.5 billion
Dmitry married Elena who was a fellow student in medical school. They had a child, Ekaterina. Elena and Dmitry have split-up.