| Name: | Gennady Ayvazyan |
| Net Worth: | US$500 million |
| Source of Wealth: | Krutrade |
| Born: | April 3, 1968 |
| Age: | |
| Country: | Russia |
| Wife: | Unknown |
| Children: | Unknown |
| Residence: | Moscow |
| Private Jet: | Please send a message if you have info |
| Yacht: | Life Saga |
Gennady Ayvazyan, born on April 3, 1968, is a renowned figure in the global coal industry. He is best known as the founder of Krutrade, a key player in the Russian coal trade. In his early career, Ayvazyan also served as a director at the influential World Coal Association, further establishing his influence in the industry. While Ayvazyan tends to maintain a low profile, his business ventures speak volumes about his acumen. For more specific details about his life and work, please contact us.
Krutrade is a premier organization in the global coal industry. As Russia’s second-largest coal exporter, the company is instrumental in sourcing and distributing high-quality coal from Russia to the global market. Its products play a crucial role in energizing the global power sector and supporting the metallurgical industry.
Further expanding its influence, Krutrade holds a stake in the Eastern Stevoring Holdings Corp. This corporation operates as an investment holding company, providing additional avenues for Krutrade’s market growth. As the Chairman of the Board of Management, Gennady Ayvazyan spearheads the company’s strategic decisions. He collaborates closely with his business partner Iksander Makhmudov, the proud owner of the yacht Predator.
Gennady Ayvazyan’s strategic entrepreneurship in the coal industry has yielded substantial financial rewards. His estimated net worth is a whopping $500 million, signifying his business success and strong influence in the global coal market.
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He lives in an expensive residential building in Moscow. Do you know more about his residence? Please do send us a message.
Moscow, the heart of Russia and one of the most vibrant cities in the world, carries a rich historical heritage that dates back centuries. It’s home to the iconic Kremlin and Red Square, symbols of Russia’s cultural and political power. The city’s architecture showcases a blend of ancient structures and modern skyscrapers, reflecting its diverse history and contemporary spirit.
Moscow’s bustling nightlife, world-class museums, and dynamic culinary scene keep both locals and tourists entertained. The city boasts impressive green spaces, including the famous Gorky Park and Sokolniki Park, offering respite amidst the urban hustle. The Moscow Metro is not just a transportation network, but an underground art gallery, featuring beautiful frescoes and sculptures. Despite its cold winters, Moscow’s holiday season is legendary, with the city transforming into a snowy wonderland. The Bolshoi Theatre and Tretyakov Gallery stand as testaments to Moscow’s thriving art scene.
The city’s profound love for education is evident in its numerous universities, including the prestigious Moscow State University. Ultimately, Moscow is a city that combines tradition with modernity, creating an unforgettable experience for every visitor.
He is the owner of the Admiral motor yacht Life Saga. He also owns the 42-meter Heesen Life Saga, which is listed for sale.
The Life Saga Yacht is a luxurious marine vessel built by Admiral Yachts in 2019.
Designed by Uniellé Yacht Design, this yacht is powered by state-of-the-art Caterpillar engines.
The yacht offers accommodation for 12 guests and a crew of 17.
Valued at $50 million, the yacht’s running costs are about $5 million annually.
We have not yet been able to identify his private jet. But please do send us a message if you have information about his business jet. The photos hereunder are just samples of some of the most successful private jets on the market.
(Photos by JetPhotos.com, Planespotters.net ; flightaware.com; flickr.com; picssr.com; planefinder.net ) Do you want us to remove a certain photo? Or credit a source? Please send us a message
Super Yacht Owners Database 2025
