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Dmitry Rybolovlev

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Dmitry Rybolovlev

Dmitry Yevgenyevich Rybolovlev (Russian: Дмитрий Евгеньевич Рыболовлев, IPA: [ˈdmʲitrʲɪj jɪvˈɡʲenʲjɪvʲɪtɕ rɨbɐˈlovlʲɪf]; born 22 November 1966) is a Russian oligarch, billionaire businessman, and investor.

Rybolovlev became chairman of the Russian fertilizer producer Uralkali in 1995. In 2010, he sold his majority share of Uralkali to three Kremlin-linked oligarchs for $6.5 billion. As of 2021, Rybolovlev had a reported net worth of $6.7 billion, which ranked him 391st on Forbes's list of billionaires.

In 2011, Rybolovlev became the majority owner and president of the football club Monaco. He is one of the alleged victims of Swiss art transporter Yves Bouvier as part of The Bouvier Affair.

His hobbies include sailing where his yachts named Skorpis race competitively winning the ClubSwan 50 World Championship and taking line honour in the 2021 Fastnet Race sailing his ClubSwan 125.

Dmitry Rybolovlev was born in a Russian family, in Perm. His parents worked at the department at the Perm State Medical University named after Academician E.A Wagner.

He entered the business world in 1990 after graduating from the Perm Medical Institute. He worked as a doctor before going into business. As a doctor's income was no longer enough to comfortably support a family during the final years of the Soviet Union, he began his first business project, a small medical enterprise that served the workers of local factories he set up together with his father, a professor of medicine.

Rybolovlev earned his first million dollars by reselling products, which the factories used to pay for in services rather than cash as was then a common practice in Russia.

In 1992, Rybolovlev went to Moscow to take a business course and received a brokerage license from the Russian Ministry of Finance, one of the first in Russia and the first in the Perm region, which permitted him to trade and deal with securities. Upon his return to Perm, he founded a brokerage and investment company and started buying up shares of local enterprises such as Uralkali, Silvinit, Azot, Metafrax, and Solikamskbumprom.

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Russian fertilizer magnate and art collector
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