Andrey Skoch: A Profile of Affluence
Andrey Skoch, one of Russia’s esteemed billionaires, was born in January 1960. Known for his vast wealth and extensive family, which includes 10 children and his wife, Yelena Likhach, Skoch’s life is one of intrigue and industry. He is the proud owner of the luxurious yacht Madame Gu, which adds a touch of maritime fascination to his profile.
- Andrey Skoch is a billionaire from Russia, owner of the luxury yacht Madame Gu, and a figure of affluence.
- Skoch’s father, Vladimir Skoch, is the beneficiary of a trust that owns 30% of USM Holdings, a company with diverse assets.
- Metalloinvest, one of the world’s largest producers of iron ore and hot-briquetted iron, is among USM’s holdings.
- Skoch’s career ascended when he joined Alisher Usmanov’s metallurgical business, leading to the formation of Metalloinvest.
- As a parliamentary deputy, Skoch earned the title ‘the richest man in the Duma’ with an estimated net worth of $7 billion.
- Skoch has made significant philanthropic contributions, donating over US$ 117 million over three years.
- Skoch’s vibrant family life includes 10 children, reflecting his commitment to family values.
- He is owner of the Madame Gu Yacht.
USM Holdings and Metalloinvest
Metalloinvest is a global leader in the production of iron ore and hot-briquetted iron, showcasing the potency of Russia’s mining industry. Furthermore, Megafon, a significant telecom operator in Russia, forms part of the assets held by USM Holdings. The company’s stakeholders also include Alisher Usmanov with 60% and Farhad Moshiri holding 10%.
The Making of Metalloinvest
After receiving his education in Moscow, Andrey Skoch embarked on his professional journey at MontazhSpetsBank. His career took a significant turn when he joined forces with Alisher Usmanov in the metallurgical sector, taking charge of Lebedinsky Mining.
The merger of Arkhangelsk Mining business with Lebedinsky Mining and Oskal Metal Works resulted in the formation of the Metalloinvest group. The group, as of 2012, reported net sales of USD 8.2 billion, providing employment to 62,000 individuals.
Skoch’s Wealth and Political Influence
Skoch’s influence extends beyond business. In 1999, he became a Russian parliamentary deputy, earning him the title ‘the richest man in the Duma’. His net worth is estimated at an astonishing $7 billion.
Philanthropy: Skoch’s Generosity
Not only is Andrey Skoch a successful entrepreneur, but he is also an active philanthropist. Recognized as one of the Top 10 Donors by
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Andrey Skoch House
We believe his main residence is in Sochi, Russia. But the family owns residences in London and on the Cote D’Azur. The family also often resides in Monaco, onboard Madame Gu. Skoch has a custom-built ‘Disney’s Frozen’ themed swimming pool for his kids at his residence in Sochi.
Why Russian Billionaires Want to Live in Sochi?
Russian billionaires are drawn to Sochi for its luxury lifestyle offerings. From high-end shopping and dining to exclusive golf clubs and marinas, the city provides a range of amenities that cater to the discerning tastes of the ultra-wealthy.
Privacy and Exclusivity
Many affluent individuals seek privacy, and Sochi’s luxury properties offer just that. These villas and apartments, often tucked away in exclusive locations, provide a secluded, tranquil environment away from the public eye.
Russia has a flat personal income tax rate, which can be an appealing factor for high-net-worth individuals. Furthermore, property tax rates are relatively low compared to many Western countries, making it financially attractive to own luxury real estate in Sochi.
Owing to major events like the Winter Olympics and the Grand Prix, Sochi has gained global recognition. For Russian billionaires, owning property here is not just a lifestyle choice, but also a status symbol.
Finally, for Russian billionaires, living in Sochi provides a cultural connection. The city, while modern and cosmopolitan, retains a distinct Russian charm. It offers an opportunity to enjoy a high-quality lifestyle while staying connected to Russian culture and heritage.
Skoch Yacht Madame Gu
The yacht is designed by the reputed Andrew Winch Designs, offering captivating aesthetics and lavish interiors.
She is powered by four MTU 20V diesel engines, allowing for a top speed of 24 knots.
The motor yacht ontains a fully enclosed helicopter hangar, which can also be used as a squash court.
Skoch owns an Airbus A319 business jet, with registration P4-
Airbus A319 ACJ
The Airbus A319 is a narrow-body commercial jetliner, typically used for short to medium-haul flights. It is part of the Airbus A320 family of aircraft, which includes the A318, A319, A320, and A321 models. However, the A319 can also be converted into a business jet, which is commonly referred to as an Airbus Corporate Jet (ACJ). The ACJ version of the A319 offers a spacious and luxurious interior, with features such as private bedrooms, lounge areas, and dining areas. The ACJ is designed to meet the needs of VIP and corporate customers who require the comfort and convenience of a private jet for long-haul flights. With a range of up to 7,000 nautical miles and a spacious cabin, the A319 ACJ offers a cost-effective alternative to larger and more expensive business jets, making it an attractive option for customers looking for a balance of comfort, performance, and value. The price of an Airbus A319 ACJ varies greatly depending on factors such as the age of the aircraft, its configuration, and the level of customization. However, a new Airbus A319 ACJ can cost anywhere from $80 million to $100 million or more.