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Tuesday, 19 June 2018


Ivanishvili sells his "Russian business" for $ 2 billion

2011-11-14 14:48
Ivanishvili sells his "Russian business" for $ 2 billion. 24401.jpeg

Georgian billionaire who has recently entered the high politics, Bidzina Ivanishvili, has expressed his willingness to sell his Russian business for two billion dollars. As reported by the GHN, Ivanishvili has also promises a potential buyer a significant discount on the sale of his Russian assets, since he intends to participate in parliamentary elections in Georgia, scheduled for late 2012.

The Forbes experts have estimated the state of the entrepreneur in the $ 5.5 billion and have put him on the 25th place of the ranking of the richest men in Russia. A developer's assets of businessman Ivanishvili are worth of half of that amount, analysts say.

Bidzina Ivanishvili announced his intention to sell his Russian business on October 7, when he has expressed desire to enter the big politics.

Ivanishvili believes that having sold his business in Russia, it will no longer feed his detractors with rumors that he allegedly is a "Russian project" and "arm of the Kremlin" in Georgia.

According to the Bloomberg citing the entrepreneur, Ivanishvili is going to gain not less than $ 2 billion for his assets.

As reported by RBC daily, today's diversified business of Ivanishvili in Russia is presented in such sectors as real estate development (MC Unicor), finance (the bank Russian Credit), management of collective investments (MC Interfin Capital, FC "Interfin Trade "), agriculture (the corporation Stoylenskaya Field) and pharmaceutical retailers (the JSC Erkafarm manages network of drugstores "Doctor Stoletov").

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