Russian business oligarch Mikhail Fridman has an estimated net worth of $13.1 billion in April 2019. His massive net worth is derived from banking, oil and telecom businesses. Currently, he sits as the Chairman of the Supervisory Board of Alfa Group Consortium, a company he founded in 1989. Today, Alfa Group Consortium is considered as one of the largest private investment groups in Russia.

Of Jewish ancestry, Mikhail Maratovich Fridman was born on April 21, 1964 in Lviv, Ukraine, USSR. He is currently divorced with two children. He is a graduate of Moscow Institute of Steel and Alloys.

He co-founded the group with several investors including Alexei Kuzmichov and German Khan. Today, Alfa Group Consortium controls Rosvodokanal Group, Alfa Bank, Alfa Capital Management, A1 Group and AlfaStrakhovanie Group. It also owns stakes in TNK-BP, an oil and gas company, as well as X5 Retail Group and telecom companies like Turkcell, Megafon and Vimpelcom Ltd.