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.
- 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.
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Watch this video!
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-
Andrey Molchanov House
We believe he lives with his wife Elizaveta Molchanova in a large residence in Barvikha, near Moscow. He also has a home in St Petersberg and in Sardinia. Unfortunately, we have not yet been able to identify his home. These are sample photos of billionaire residences. Do you know more about his house? Please do send us a message.
Barvikha is an upscale residential village nestled in the picturesque pine and birch forests of the Odintsovo District in Moscow Oblast, Russia. Renowned for its elite status, the village serves as a tranquil retreat for many of Russia’s affluent and influential figures.
Barvikha offers a range of top-tier facilities such as high-end shopping centers, luxury car dealerships, and gourmet restaurants. The village is particularly recognized for the Barvikha Sanatorium and the Barvikha Luxury Village, a prominent retail complex that offers premium luxury brands.
Its serene environment, characterized by lush greenery and pristine air, is ideal for residents who seek privacy and tranquility. The village is also home to some of Russia’s most extravagant mansions, making it a symbol of opulence.
Despite its modern amenities, Barvikha retains a unique rustic charm that accentuates its natural beauty. All these factors contribute to Barvikha’s reputation as one of the most prestigious residential areas in Russia.
Andrey Molchanov Yacht
He is the owner of a Bombardier Global 5000 private jet, with registration 9H-
Bombardier Global 5000
The Bombardier Global 5000 is a large, ultra-long-range business jet produced by Bombardier Aerospace. It is part of Bombardier’s Global family of aircraft, which includes the Global 7500, Global 6000, and Global Express models. The Global 5000 has a range of approximately 5,200 nautical miles (9,630 km) and can carry up to 19 passengers. It is powered by two Rolls-Royce BR710-A2-20 turbofan engines, which provide a maximum speed of Mach 0.89 (590 mph or 950 km/h) and a maximum altitude of 51,000 feet (15,545 meters).
The cabin of the Global 5000 is designed for comfort and luxury, with a spacious interior that can be configured to meet the needs of individual owners. The cabin features a full galley, a private lavatory, and a range of in-flight entertainment options, including high-speed internet and satellite TV. The Global 5000 is a popular choice among business and VIP travelers who require a long-range aircraft with exceptional performance, comfort, and luxury. It is also used for government and military applications, including transportation of high-ranking officials and medical evacuation missions. The list price for a new Global 5000 is estimated to be around $50 million.