Bloomberg Billionaires Index

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# 463 Vyacheslav Moshe Kantor $4.47B

Random fact: Has a PhD with a specialization in spacecraft automatic control systems.

Overview

Kantor is the majority shareholder of Acron, a Russian producer of mineral fertilizers. The Velikiy Novgorod-based company had a production output of more than 7 million tonnes and revenue of $1.7 billion in 2018. The billionaire also owns the world's largest collection of 20th century avant-garde art.

As of :
Last change +$5.65M ( +0.1%)
YTD change +$745M ( +20.0%)
Industry Industrial
Biggest asset AKRN RX Equity
Citizenship Russian Federation
Age 66
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Vyacheslav Moshe Kantor's net worth of $4.47B can buy ...

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troy ounces of gold
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barrels of crude oil

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of the GDP of the United States
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of the total wealth of the 500 richest people in the world
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of the top 100 U.S. college endowments
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of the top 200 U.S. executives’ total awarded compensation
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of U.S. existing home sales
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times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Kantor's fortune is derived from his majority stake in Acron, a publicly traded producers of mineral fertilizers. He holds 89% of the shares through Cyprus-based Terasta Enterprises, according to company spokesperson Anastasiya Gromova in February 2019.

The billionaire's art collection is worth $275 million, according to Thomas Seydoux, head of SEYDOUX & ASSOCIÉS Fine Art, an international art trading company based in Geneva, Switzerland. Kantor's Museum of Avant-Garde Mastery in Moscow features the world’s largest collection of 20th century avant-garde art, according to its website.

His cash holdings are calculated using an analysis of dividends, insider transactions, personal investments, taxes and market performance.

Biography

Birthdate: 9/8/1953
Family: Married, 5 children

Vyacheslav Kantor was born in 1953 in Moscow. He graduated with a degree in engineering from Moscow Aviation Institute in 1976, and began working at one of institute's branches. He became general director of Intelmas, a Soviet-American joint venture, which was specializing in installation of computer networks at Soviet enterprises, in 1989.

He later received a contract to carry out an environmental impact assessment at the Azot chemical plant in Velikiy Novgorod. The company was privatized in 1993, and Kantor bought a 30 percent stake in a fertilizer maker. In subsequent years he increased his stake by buying workers' shares that were distributed by the post-Soviet Russian government as part of a program aimed at bringing private ownership to Russia.

The billionaire retains a controlling stake in Acron, the name given to the former Azot chemical plant.

Kantor lives in London with his wife and children.

Milestones
  • 1953 Vyacheslav Kantor is born in Moscow.
  • 1976 Graduates from Moscow Aviation Institute.
  • 1993 Buys shares of Acron, gains control over the company.
  • 1996 Acron sets up its distribution network across Russia.
  • 2001 Founds the Museum of Avant-Garde Mastery (MAGMA).
  • 2005 Becomes president of Russian Jewish Congress.
  • 2008 Acron listed on the London Stock Exchange.
  • 2016 Re-elected President of the European Jewish Congress for the fourth term.