What is Mikhail Abyzov's Net Worth?
Mikhail Abyzov is a renowned Russian businessman with a net worth of $1 billion. He is one of the founders and a board member of E4 Group, one of the largest private construction subcontractors in Russia's energy sector.
Early Life and Career Beginnings
Born on June 3, 1972, in Minsk, Abyzov began his entrepreneurial journey in the early 1990s while still a student at Moscow State University. He initially ventured into the business world by importing food from Bulgaria.
Professional Growth
Since 1993, Abyzov has held top management positions in various Russian companies, particularly in the fuel and power sectors. In the mid-2000s, he acquired several engineering and construction firms, which he later merged to create the E4 Group.
Leadership Roles
In July 2007, Abyzov assumed the role of Chairman of the E4 Group's board. A month later, he was appointed Chairman of the Board of Directors at Mostotrest, a leading Russian infrastructure and engineering firm.
Political Involvement
In addition to his business achievements, Abyzov has made significant strides in the political arena. Since May 2012, he has served as the Minister for Open Government Affairs in Dmitry Medvedev's Cabinet, where he contributes to the Russian Federation's government.
