Who is the Russian tycoon behind a Ligue 1 giant and who sold a painting for 450 million dollars

Who is the Russian tycoon behind a Ligue 1 giant and who sold a painting for 450 million dollars

Dmitry Rybolovlev without a doubt he stands out among the millionaires of the world for how he built his fortune of millions. Since its beginnings as doctor Until he became a tycoon, this Russian businessman marked milestones in business, art and sports.

Rybolovlev, club president AS Monaco and renowned art collector, is also known for making the record sale of the work Salvator Mundi by Leonardo da Vinci. This achievement is just an example of his ability to combine his passion for art with a strategic vision that has led him to amass one of the largest fortunes in the world.

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From his beginnings working as a producer of potassium fertilizers in Russia, Dmitry Rybolovlev became an influential businessman with one of the largest fortunes in millions of dollars.

Who is Dmitry Rybolovlev

Born in Russia in 1966, Dmitry Rybolovlev began his career in the medical fieldfollowing in the footsteps of his parents. However, his entrepreneurial spirit led him to venture into business after the collapse of the Soviet Union, founding a company alternative medical treatments. His big leap came with the acquisition of a majority stake in Uralkalithe oldest potassium fertilizer producer from Russia.

After selling his stake in the company in 2010 for 6.5 billion dollars, diversified its investments, ranging from luxury properties even art collections. His foray into sport arrived in 2011, when he acquired the football club AS Monaco, which he revitalized with significant investments that led the team to conquer Ligue 1 in 2017.

His art collection also made him a key figure in the market, notable for the acquisition and subsequent sale of Salvator Mundi, one of the most valuable works in the world. This cemented his reputation as a skillful investor in multiple areas.

In addition to his businesses, the businessman faced controversies, from legal disputes until research for the management of his fortune. However, his ability to overcome adversity keeps him one of the most influential businessmen in the world.

Dmitry Rybolovlev’s divorce

In 1987, Dmitry married Elena Rybolovleva. Together they built a life of luxury in Switzerland with their two daughters, but in 2008 their relationship came to an end in the middle of accusations of infidelity. This divorce led to one of the most expensive legal battles in history.

In 2014, a swiss court ruled that Rybolovlev must pay his ex-wife 4.5 billion dollars, although after several appeals, the figure was reduced to 605 million. This case attracted worldwide attention, not only because of the figures involved, but also because of the financial scandals revealed during the process.

The split not only impacted his fortune, but also placed him under public scrutiny. Documents such as Panama Papers revealed that the Russian tycoon had used companies offshore to protect property, including works of art by artists such as Picasso and Monet.

How much is Dmitry Rybolovlev’s fortune?

At 58 years old, Rybolovlev has a fortune estimated at 6.3 billion dollarsthe result of decades of strategic investments in various sectors. His assets include iconic properties such as the Greek island of Skorpios and luxurious mansions in Europe and the United States.

He is also recognized for his philanthropic approach. The businessman financed peducational and cultural projectsincluding the restoration of important works of art and donations to sports development initiatives in France. These actions underscore your commitment to giving back to the communities in which you have invested.

Furthermore, as president of AS Monaco, he not only revitalized the team, but also supported young talents, promoting programs that benefit future generations of footballers.

Source: Ambito

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