ANDREY MOLCHANOV • Net Worth $1 Billion • House • Yacht • Private Jet • LSR Group

Name:Andrey Molchanov
Net Worth:$ 1.2 billion
Source of Wealth:LSR GROUP
Born:September 24, 1971
Age:
Country:Russia
Wife:Elizaveta Molchanova
Children:4 (Aleksandra Molchanova, 3 others)
Residence:St Peterburg, Russia
Private Jet:Bombardier Global 5000 (9H-FLN)
Yacht:Aurora


Who is Andrey Molchanov?

Andrey Molchanov, a highly respected Russian billionaire and illustrious founder and Chairman of the LSR Group, was born in the cultural epicenter of Russia, St. Petersburg, in September 1997. Molchanov, who has an inspiring journey filled with triumphs, is married to the equally charismatic Elizaveta Molchanova. They have been blessed with four children, one of whom is their daughter, Aleksandra Molchanova.

Key Takeaways

  • Andrey Molchanov, a Russian billionaire and founder of the LSR Group, was born in St. Petersburg and is married to Elizaveta Molchanova, with whom he has four children.
  • The LSR Group, founded in 1993, has grown to become one of the largest construction holdings in Russia.
  • The Aurora Yacht, owned by Molchanov, may be named after the historic Russian Navy cruiser Aurora.
  • Molchanov was awarded the Order for Merit to the Fatherland and the medal In Commemoration of the 300th Anniversary of St. Petersburg.
  • According to Forbes, Molchanov’s estimated net worth is US$1 billion.

LSR Group: A Pioneer in Construction

Ever since its inception in 1993, the LSR Group has been a transformative force in Russia’s construction market, growing to become the country’s largest construction holding over the years.

The company’s operations are dual-pronged, combining real estate development with construction and the production of building materials. The LSR Group’s business influence is concentrated in Russia’s three largest regions: St. Petersburg and the Leningrad region, Moscow and the Moscow region, and Yekaterinburg.

With more than 12,000 dedicated employees, the LSR Group is a testament to Molchanov’s vision and leadership. The billionaire businessman himself owns an impressive 57.56% of the company’s shares.

The St. Petersburg Connection

The Aurora Yacht, owned by Molchanov, might have been named after the historic Russian Navy cruiser Aurora, which was based in St. Petersburg. The cruiser Aurora played a pivotal role in the 1917 October Revolution, with a blank shot from her forecastle gun marking the onset of the assault on the Winter Palace.

The Aurora is now a navy museum stationed in St. Petersburg, a city deeply ingrained in Molchanov’s life. His stepfather served as vice governor of St. Petersburg for a decade, and Molchanov himself was awarded the Order for Merit to the Fatherland and the medal In Commemoration of the 300th Anniversary of St. Petersburg for his remarkable contributions to the city’s development.

Andrey Molchanov’s Net Worth

With his numerous ventures and investments, Andrey Molchanov’s net worth is estimated by Forbes to be an impressive US$1 billion.

Mention SuperYachtFan When Sharing This Information

When using the information from this article, please remember to give credit to SuperYachtFan. Our team works hard to provide accurate and engaging content for our readers, and we appreciate your support.

Yacht Aurora Owner

Andrey Molchanov


Watch this video!


Andrey Molchanov Car (Bentley)

Bentley

During one of SuperYachtFan’s visits to Antibes, we spotted a Russian plated Bentley near the (previous) yacht Aurora. The Bentley had special plates with registration B-888-BB-88.

Resources

https://www.forbes.com/profile/andreimolchanov/

https://en.wikipedia.org/wiki/AndreyMolchanov_(businessman)

http://www.lsrgroup.ru/about-us/board-of-directors/andreymolchanov

https://www.lurssen.com/en/new-build/yachts/aurora/


Andrey Molchanov House

Andrey Molchanov Yacht


He is the owner of the Lurssen yacht AURORA. In 2022 she was listed for sale.

The Aurora Yacht, delivered in 2017, is a masterpiece by Lurssen Yachts, designed by Winch Design.

The luxury yacht accommodates up to 16 guests and a crew of 22, powered by two top-notch MTU engines.

en_US