Mikhail_Fridman Mikhail_Fridman

Mikhail Fridman - Definition
Mikhail Fridman
Mikhail Fridman

Mikhail Fridman (born 26 June 1963) is a Russian businessman. He is one of the youngest of Russian oligarchs (Roman Abramovich is younger).

Along with Peter Aven, Fridman founded the Alfa Group Consortium, a holding company which today controls Alfa Bank (opened in 1991), Alfa Capital, Tyumen Oil and several construction material firms (cement, timber, glass) as well as food processing businesses and a supermarket chain. The two are also major holders of tea and sugar plant processors.

Fridman in 2003 sold half of his Alfa group's oil subsidiary Tyumen Oil to BP for $6.15 billion, so far the biggest foreign investment ever in a Russian company.

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