Cyril Minovalov – Net Worth $600 million – Owner of the Yacht Avangard II

Name:Cyril Minovalov
Net Worth:$600 million
Source of Wealth:Avangard Bank
Born:April 22, 1971
Country:Russia
Spouse:Mrs Minovalov
Children:Unknown
Residence:Moscow
Private Jet:(N500AN) Gulfstream G500, (D-BLDI) Cessna 750 Citation X
Yacht:Avangard II

Who is Cyril Minovalov?

Minovalov is the CEO of the Russian Avangard bank. He was born in 1971 in Moscow. He graduated from the Moscow Institute of Railway Transport Engineers (MIIT), specializing in Systems Engineering.

From 1991 to 1994 he led the consulting firm Alcor which he founded. In 1994, Minovalov founded the Avangard Bank. He has been President and Chairman since then.

Avangard Bank

The Avangard Bank operates 300 offices in 50 Russian regions with 3,500 employees.

Minovalov also invests in Omsk Glassworks. And he own Avangard Malz.  It is the largest malting company in Germany.

Avangard Agro

Minovalow also own JSC “Avangard-Agro” – one of the largest agricultural producers in Russia, cultivating grain and industrial crops – and JSC “Insurance Group Avangard-Garant” providing insurance services to retail and corporate customers.

Cyril Minovalov Cyril Worth

Minovalov has an estimated net worth of $600 million.

Yacht Avangard II Owner

Cyril Minovalov


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Cyril Minovalov House

Cyril Minovalov Yacht


He is the owner of the yacht Avangard II. It was built at Avangard Yachts, which is owned by Minovalov.