Who is Andrey Molchanov?
He is a Russian billionaire and Chairman and founder of the LSR Group. He was born in September 1997 in St Petersburg. He is married to Elizaveta Molchanova. They have 4 children (including a daughter named Aleksandra Molchanova).
LSR Group has been working in the construction market of Russia since 1993. Over these years the company has grown into the largest construction holding in the country.
The company combines two key business areas. Real estate development and construction and Production of building materials.
The company’s business is concentrated in the three largest regions of Russia. St. Petersburg and the Leningrad region, Moscow and the Moscow region, Yekaterinburg.
The LSR group has more than 12,000 employees. Molchanov owns 57.56% of the company’s shares.
The yacht Aurora is probably named after the former Russian Navy cruiser Aurora. She was based in St Petersburg. The cruiser Aurora had an important role in Russia’s 1917 October Revolution. As a blank shot from her forecastle gun signaled the start of the assault on the Winter Palace.
Aurora is now a navy museum based in St. Petersburg. The stepfather of Molchanov stepfather worked as vice governor of St Petersburg for 10 years.
Molchanov was awarded the Order for Merit to the Fatherland. And the medal In Commemoration of the 300th Anniversary of St. Petersburg. For his outstanding contribution to the development of St. Petersburg.
Andrey Molchanov Net Worth
His net worth is estimated by Forbes at US$ 1 billion.