GENNADY AYVAZYAN • Net Worth $500 million • House • Yacht • Private Jet • KruTrade

Name:Gennady Ayvazyan
Net Worth:US$500 million
Source of Wealth:Krutrade
Born:April 3, 1968
Private Jet:Please send a message if you have info
Yacht:Life Saga

About Gennady Ayvazyan

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.

Key Takeaways

  • Gennady Ayvazyan, born in 1968, is a respected figure in the global coal industry, and is the founder of the significant coal trading company, Krutrade.
  • He formerly served as a director at the World Coal Association.
  • Krutrade, under Ayvazyan’s leadership, has become Russia’s second-largest coal exporter, providing high-quality coal for energy and metallurgical applications worldwide.
  • Krutrade is a shareholder in the investment holding company, Eastern Stevoring Holdings Corp.
  • Ayvazyan’s business partner is Iksander Makhmudov, owner of the yacht Predator.
  • Ayvazyan’s significant business success has culminated in an estimated net worth of $500 million.
  • He is the owner of the LIFE SAGA yacht.

Exploring Krutrade

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.

Unraveling Ayvazyan’s Net Worth

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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Yacht Owner

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Gennady Ayvazyan Yacht

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.