Delve into the world of Alexander Dzhaparidze, the accomplished CEO and founder of The Eurasian Drilling Company, who has a penchant for luxury yachts. Born in July 1955, Dzhaparidze is married to Cara de la Peña and has five children (Yuli, Asya, Vano, Georgy, and Nana Dzhaparidze).
Key Takeaways:
- Alexander Dzhaparidze is the CEO and founder of The Eurasian Drilling Company (EDC), the largest Russian drilling company by meters drilled, boasting revenues of US$ 3 billion and a strong workforce of 22,000.
- Dzhaparidze has led the EDC since August 2007, owning 30% of the shares. In 2015, Schlumberger invested in the company, acquiring a minority stake for US$ 1.7 billion.
- His entrepreneurial spirit is also demonstrated through the founding of Petroalliance, a Russian oilfield services company which he later sold to Schlumberger for a lucrative US$ 650 million.
- An avid yacht enthusiast, Dzhaparidze has a notable history of yacht ownership, with each yacht bearing a name inspired by Beatles songs.
- His yacht collection includes the 37-meter Heesen Let it Be, the Amels 212 Imagine, and the iconic Here Comes the Sun, the latter of which he sold to Graeme Hart.
- His most recent yacht, Come Together, was swiftly sold to Mark Pincus, showcasing his dynamic involvement in the luxury yacht scene.
- With an array of successful business ventures under his belt, Dzhaparidze’s net worth is estimated by Forbes to be around US$ 1.2 billion.
Leading the Eurasian Drilling Company
As the largest Russian drilling company by meters drilled, the Eurasian Drilling Company (EDC) serves as an onshore and offshore drilling and well services contractor. Boasting revenues of US$ 3 billion and employing 22,000 individuals, EDC owns and operates one of the world’s largest fleets of land drilling and workover units.
Dzhaparidze has held the position of Chief Executive Officer at EDC since August 2007 and was one of the company’s founders in 2002. He owns 30% of the shares, and in 2015, Schlumberger acquired a minority stake for US$ 1.7 billion.
PetroAlliance: A Foundation for Success
Dzhaparidze’s entrepreneurial journey also includes founding Petroalliance, a Russian oilfield services company. He later sold the business to Schlumberger for US$ 650 million.
A Passion for Luxury Yachts
Dzhaparidze’s love for yachts is evident in his history of yacht ownership, with each vessel named after a Beatles song. His first yacht was the 37-meter Heesen Let it Be, built in 2005. This was followed by another Heesen, a 47-meter yacht also named Let it Be. He then acquired the Amels 212 Imagine, which is currently for sale.
In 2016, Dzhaparidze took ownership of the yacht Here Comes the Sun, which he later sold to Graeme Hart. Dzhaparidze owned the yacht Come Together, but sold her immediately after delivery to Marc Pincus.
Alexander Dzhaparidze’s Impressive Net Worth
With a successful career spanning multiple ventures, Forbes estimates Dzhaparidze’s net worth to be around US$ 1.2 billion, showcasing his prowess in business and his passion for luxury yachts.
Resources
www.forbes.com/alexanderdzhaparidze
www.eurasiadrilling.com/about-us/board-of-directors
www.petroalliance.com
wikipedia.org/Eurasia_Drilling_Company_Limited
www.energyboardroom.com/interview-with-alexanderdjaparidze
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