Vladimir Potanin is a Russian business oligarch who made his fortune largely through the controversial loans-for-shares program that was implemented in Russia in the early to mid-1990s.
By March 2022, he was Russia’s wealthiest person and the 58th richest in the world.
Russian metal king Vladimir Potanin warns Putin
Potanin was a member of the New York Solomon R. Guggenheim Foundation’s Board of Trustees. After the Russian invasion of Ukraine, in March 2022, he stepped down as a trustee following outrage directed at Russian oligarchs affiliated with Putin.
He claimed that Russia’s invasion of Ukraine would shatter investor trust for decades, returning the country to the disastrous days of the 1917 Bolshevik revolution. This war will result in a global lack of investor trust in Russia, which will last for decades.
Vladimir warns the government to ease restrictions on foreign exchange in order to allow Russians to pay interest on loans and bonds overseas. Otherwise, the country might default on its entire external debt.
Vladimir Potanin’s Age, Family, and Early Life
Vladimir Potanin was born on January 3, 1961, in Moscow, Russia. He was born into a High-ranking communist Family. He is 61 years old as of 2022. However, We do not have any information regarding her parents and siblings as nothing has been heard in public about them.
We assume that his father was involved in politics as he said he walked into the footstep of his father and went to work for the FTO “Soyuzpromexport” with the Ministry of Foreign trade of the Soviet Union.
Due to the fact that we do not know the names of his father or mother, as well as any of his siblings, we cannot provide any more specific information regarding his early years in detail. We will update anything relevant to her as we discover more about him and his life.
Vladimir Potanin’s Career, What is his Profession?
Using his experience gained at the Ministry of Foreign Trade and his previous professional network, he founded the private association Interros in 1991. In 1993, Potanin was elected president of the newly founded United Export-Import Bank. Potanin was a key figure in the establishment of the “loans for shares” auctions in 1995, which became a cornerstone of Russia’s post-Soviet economic restructuring. He served as the Russian Federation’s First Deputy Prime Minister from August 14, 1996, to March 17, 1997.
According to the Bloomberg Billionaires Index, he was the wealthiest individual in Russia and the 58th richest person in the world as of March 2022, with an estimated net worth of $24.4 billion. Mikhail Prokhorov was his long-term business partner until they chose to separate ways in 2007. They then put their shared assets in a holding company called Folletina Trading until they could agree on asset distribution.
Potanin was added to the US Treasury’s “Putin list” of 210 people linked to Russian President Vladimir Putin in January 2018.
The award that Vladimir Potanin received and his accomplishments
He was appointed to the National Council on Corporate Governance (NSKU) in March 2003, with the primary purpose of improving Russian legal rules and introducing professional and ethical corporate governance standards in Russian businesses.
Potanin was chosen Chairman of the Board of Trustees of the State Hermitage, Russia’s most known art museum, in April 2003.
Until 2014, he was a member of Russia’s Civic Chamber. Potanin was a member of the Solomon R. Guggenheim Foundation’s Board of Trustees in New York. He stepped down as a trustee in March 2022, shortly after the Russian invasion of Ukraine in 2022, in response to criticism directed at Russian oligarchs close to Putin.
Which school and college did he go to?
He studied International economic relations at Moscow State Institute of International Relations (MGIMO), which prepared students for careers in the Ministry of Foreign Affairs.
Vladimir Potanin Net worth, How much does he earn?
With an estimated net worth of $24.4 billion, he was the richest man in Russia as of March 2022 and 58th in the world.
Vladimir Potanin wife, What about his relationship?
Potanin had three children with Natalia Potanina, with whom he first married in 1983. They separated 31 years later.
In 2014, Potanin married for a second time, to Ekaterina, with whom he shares two children.
He is available on Instagram with 257+ followers.
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