The net worth of Andrei Molchanov, a Russian businessman and politician, is $1.65 billion.
Molchanov divides his time between politics and business by serving as the representative of the Leningrad Oblast in the Council of Federation of the Federal Assembly of the Russian Federation, and also as the founder and largest shareholder of LSR Group (OJSC).
On September 24, 1971, Andrey Yuryevich Molchanov, who was born in Leningrad, received a degree from the economic department of St. Petersburg University.
The year 1993 saw the establishment of Petersburg State University.
After five years, Molchanov completed his Master’s degree from the Russian Academy of Public Administration and then obtained a doctorate in Economic Sciences from St. Petersburg State University.
The establishment of Open Joint Stock Company LSR Group in 1993 marked the start of his career at Petersburg State University.
The company has emerged as a leader in the fields of real estate and construction materials in Russia over the years.
After going public in 2007, he was appointed as the vice president at VTB, responsible for overseeing infrastructure initiatives.
In the field of politics, he was first designated as the Assistant of the Russian Federation public health services and social development Minister in 2007.
He is currently in charge of the economic politics committee of the Federation Council in Russia.
Andrei Molchanov is a husband and father of four, in addition to his busy work life.