Dmitry Rybolovlev Biography & Net Worth

Dmitry Rybolovlev Biography & Net Worth

Dmitry Rybolovlev is a Russian businessman and entrepreneur who the people consider as one of the richest men in his country. He makes most of his fortune from a lucrative potash company called Uralkali, even though he has spread his reach to include multiple business ventures over the years. He is also the president of AS Monaco, a successful football team that competes in the top-flight competition in France. In terms of his overall wealth, Dmitry is consistently ranked as one of the world’s richest people. More details follow below.

Early Life: Childhood, Education

Dmitry Yevgenyevich Rybolovlev was born in Perm, Russia, on November 22, 1966. Both his father and mother were doctors, and they raised him in the best ways possible. He was sent to Perm State Medical University from which he graduated in 1990.

After graduating from college, he started working in the cardiology department of a local hospital in Perm and also started raising a family with his wife.

Professional Life: Business Career

Immediately after graduating from medical school, Dmitry started to venture into the world of business which really got him fascinated. At first, he worked hand-in-hand with his father to discover a new kind of medical treatment procedure involving magnetic fields. What shifted his focus was the economic uncertainty caused by the collapse of the Soviet Union at the time. Because of the demands, customers were likely to pay Dmitry with different products rather than real cash. In turn, Dmitry was forced to start a new business to market these products. This is when his business career started to take off.

By 1992, he had relocated to Moscow. He was dealing with and trading securities before launching an investment company. He then instituted his own bank, and through the mid-90s he had concentrated almost completely on investments in the rising potash industry. Eventually, he became involved with Uralkali, a Russian producer and exporter of potash. Over the years, he made this company a major player on the international stage. In 2010, Dmitry purchased a 9.7 percent stake in the Bank of Cyprus. After moving to Monaco that year, he then acquired a majority stake in AS Monaco Football Club of the French Ligue 2. Dmitry’s influence proved to be positive for the sports franchise, and he changed their fortunes within a few years. By 2013, the team was promoted back into Ligue 1, and Dmitry had overseen the transformation of the club, including the purchase of several new players and a change in the backroom staff.

Achievements: Awards & Honors

As the president of Monaco Football Club, Dmitry’s contribution to the team and control of its activities led to their win of the Ligue 2 title in the 2012–13 season, and their 2016–17 season Ligue 1 triumph.

Personal Life: Marriage, Relationships, Children, Private Interests, Hobbies

In 1987, Dmitry Rybolovlev got married to Elena Rybolovleva in Russia. They subsequently had two children before their marriage crashed. In 2008, his wife filed for divorce, claiming that the businessman had been unfaithful on countless occasions. During his divorce, Dmitry sold his shares in Uralkali for the sum $6.5 billion in 2010. In late May 2014, a court ordered him to pay his former wife $4.5 billion in a divorce settlement. The settlement was later reduced to $604 million. In 2015, Dmitry and Elena finally reached a cordial settlement, although the details of this were never publicized.

For his hobbies and personal interests, Dmitry enjoys surfing, particularly in Hawaii. He is also engaged in yachting and sailing, being the owner of the superyacht Anna I which cost him €80 million. He also owns another yacht which he paid $250 million for. Known as Anna, this yacht is its manufacturer’s biggest superyacht to date.

Dmitry Rybolovlev bought a new sailing ClubSwan 125 yacht in July 2021. He named it Skorpios after an island in Greece that is owned by his family trusts. Dmitry also owns a racing yacht called Sparti. With this vessel, he won the ClubSwan 50 World Championship trophy during The Nations Trophy regatta in October 2019 in Palma Bay, Spain.

Dmitry Rybolovlev Net Worth: Salary, Income Sources, Assets, Real Estate

The Russian business magnate, Dmitry Rybolovlev, commands a net worth of $7 billion. Most of his fortune has come from a prosperous potash company known as Uralkali. He also makes major profits from his ownership of AS Monaco, a successful football team that plays in the French Ligue 1.

Dmitry is one of the top 250 billionaires in the world. He owns several Yachts which collectively costs over $350 million. In 2017, it was reported that he had purchased a home in Palm Beach directly from former United States President Donald Trump. He paid roughly $95 million for the mansion, $13 million more than any other Palm Beach property on the market then. When Dmitry purchased the home, it was the most expensive housing property sale in America at the time.