ANDREY BORODIN • Net Worth $1 Billion • House • Yacht • Private Jet • Bank of Moscow

Name:Andrey Borodin
Net Worth:US$ 1 billion
Source of Wealth:Bank of Moscow
Born:24 May 1967
Age:
Country:Russia
Wife:Tatiana Borodin
Children:3
Residence:Henley on Thames
Private Jet:Pls send a message if you have info
Yacht:Amaryllis


Who is Andrey Borodin?

Andrey Borodin, also spelled Andrei Borodin, is a Russian-born former banker, businessman, and former CEO of the Bank of Moscow. Born on May 24, 1967, he became one of the most prominent figures in Russia’s banking sector before leaving the country amid a major legal and political dispute.

Borodin was a significant shareholder in the Bank of Moscow and played a central role in its rise during the 1990s and 2000s. After a change in Moscow’s political leadership and the takeover of the bank by VTB, he became the subject of criminal allegations in Russia. Borodin has consistently argued that the charges against him were politically motivated.

He later moved to the United Kingdom, where he was granted political asylum in 2013. He is married to Tatiana Borodin, and the couple have a daughter. Borodin also has two sons from a previous relationship.

Key Takeaways:

  • Andrey Borodin is a Russian-born former banker and former CEO of the Bank of Moscow.
  • He was born in May 1967 and became one of Russia’s best-known banking executives.
  • The Bank of Moscow was one of Russia’s largest banks before being taken over and later merged into VTB Bank.
  • In 2011, Borodin and his business partner sold their stake in the Bank of Moscow in a deal widely reported to be worth around $1 billion.
  • After the takeover, Russian authorities opened criminal cases against Borodin, alleging large-scale fraud and embezzlement.
  • Borodin denied wrongdoing and claimed the accusations were politically motivated.
  • He was granted political asylum in the United Kingdom in 2013.
  • He bought Park Place, a historic estate near Henley-on-Thames, for about £140 million in 2012.
  • His net worth has often been estimated at around $1 billion, although later UK rich-list estimates have been lower.
  • Borodin was previously linked to the superyacht Amaryllis, but recent yacht reporting says the yacht is now owned by Evangelos Marinakis.

The Bank of Moscow and Borodin’s Role

The Bank of Moscow was founded in the 1990s and became one of Russia’s largest financial institutions. It provided banking services to retail customers, corporations, and public-sector clients, especially in Moscow.

Andrey Borodin became closely associated with the bank’s growth and served as its president and chief executive. Under his leadership, the Bank of Moscow developed into a major Russian lender and, by 2011, was often described as the fifth-largest bank in Russia.

Borodin owned a major stake in the bank, alongside business partners. His influence at the Bank of Moscow was closely tied to the administration of Moscow’s long-time mayor, Yuri Luzhkov. When Luzhkov was removed from office in 2010, the bank’s ownership and political environment changed quickly.

VTB Takeover and Bank of Moscow Bailout

In 2011, state-controlled VTB Bank moved to acquire control of the Bank of Moscow. Borodin opposed the takeover and later argued that the process was politically driven rather than purely commercial.

After VTB took control, it claimed that the bank had a large portfolio of problematic loans and required a major state-backed rescue. The Bank of Moscow received a bailout reported at around $14 billion, one of the largest bank rescues in Russian history.

The Bank of Moscow was eventually absorbed into VTB. Its formal merger into VTB Bank was completed in May 2016, ending the Bank of Moscow as a separate institution.

Sale of His Bank Stake

In 2011, Andrey Borodin and his business partner sold their stake in the Bank of Moscow. The transaction was widely reported to be worth around $1 billion.

The sale became a major part of Borodin’s personal fortune. However, it also took place during the same period as the bank’s takeover, bailout, and the beginning of legal disputes involving the former management of the bank.

Controversies and Political Asylum

After the VTB takeover, Russian authorities opened criminal cases against Andrey Borodin and other former Bank of Moscow executives. The allegations included fraud, embezzlement, and misuse of bank funds.

Borodin denied the accusations and said the case was politically motivated. He argued that he was targeted after the fall of Yuri Luzhkov and the takeover of the Bank of Moscow by state-controlled interests.

In 2013, Borodin was granted political asylum in the United Kingdom. He has continued to live in the UK and has not returned to Russia.

Park Place Mansion in the United Kingdom

In 2012, Andrey Borodin purchased Park Place, a historic country estate near Henley-on-Thames in Oxfordshire, England. The reported purchase price was around £140 million, making it one of the most expensive private home sales in the United Kingdom at the time.

Park Place is a large estate with a long history and extensive grounds. The purchase attracted major attention in the British press because of the price, Borodin’s background, and the legal issues he was facing in Russia.

Russian courts later attempted to seize assets linked to Borodin, including Park Place, but the UK asylum decision and cross-border legal issues made the situation complex.

Net Worth of Andrey Borodin

Andrey Borodin’s net worth has often been estimated at around $1 billion, largely connected to the sale of his Bank of Moscow stake. However, exact figures are difficult to confirm.

Some later UK rich-list reports placed his wealth lower, partly because of legal disputes, asset freezes, property valuations, and uncertainty around his remaining investments. A cautious estimate would describe him as a wealthy former banker whose fortune has been reported in the hundreds of millions to billionaire range.

Family Life

Andrey Borodin is married to Tatiana Borodin. The couple have a daughter together, and Borodin also has two sons from a previous relationship.

Since moving to the United Kingdom, Borodin has kept a relatively private family life. Much of the public attention around him has focused on the Bank of Moscow case, his asylum status, and his high-value property holdings.

Yacht Amaryllis

Andrey Borodin was previously linked to the superyacht Amaryllis, a 78-meter motor yacht built by Abeking & Rasmussen in 2011. The yacht is known for her classic exterior styling, Art Deco-inspired interior, large guest spaces, and luxury amenities.

However, Amaryllis should no longer be described as Borodin’s current yacht. Recent yacht-market reporting and owner-tracking sources state that Amaryllis is now owned by Greek businessman Evangelos Marinakis.

Because yacht ownership can be held through companies and can change privately, it is best to describe Borodin as a former reported owner or previously linked owner of Amaryllis rather than the current owner.

Motorsport and Recent Public Profile

In recent years, Andrey Borodin has also been active in motorsport. Since 2022, he has competed in British GT and GT Cup racing with Greystone GT, after previously taking part in Porsche Sprint Challenge racing.

This racing activity has given Borodin a more visible public profile in the UK, separate from his earlier banking career and legal disputes.

Conclusion

Andrey Borodin remains one of the most controversial figures from Russia’s banking sector. As the former CEO and shareholder of the Bank of Moscow, he played a major role in building one of Russia’s largest banks before its takeover by VTB and eventual merger into VTB Bank.

His later life has been defined by political asylum in the United Kingdom, disputes with Russian authorities, ownership of the Park Place estate, and previous links to the superyacht Amaryllis. Although his exact net worth is difficult to confirm, Borodin remains a wealthy former banker whose story combines finance, politics, luxury assets, and exile.

Sources

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Yacht Amaryllis owner

Andrey and Tatiana Borodin


Watch this video!


Andrey Borodin House

Borodin Yacht Amaryllis


He is the owner of the Abeking motor yacht Amaryllis.

The Amaryllis yacht was masterfully built by the esteemed Abeking & Rasmussen in 2011 and displays the artful design work of Reymond Langton.

The yacht, a sistership to Ronald Perelman’s yacht C2 and Alexander Khloponin’s yacht Eminence, is powered by Caterpillar engines and can reach a maximum speed of 17 knots with a cruising speed of 12 knots.

Offering lavish accommodation for 12 guests in six staterooms and serviced by a crew of 23, she includes amenities like a beach club, a private owner’s terrace, a gym, and a pool on the sun deck.