Eduard Shifrin Net Worth

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Eduard Shifrin, born in the United Kingdom, is a billionaire who partnered with Alexander Shnaider to purchase several ships in late 2009. The two also own Ukraine's fourth-largest steel mill, commercial real estate, and a share of the Trump Tower Toronto. Shifrin and Shnaider met while working as rival steel traders in Ukraine and partnered to acquire a majority stake in a steel mill giant during Ukrainian privatization auctions in the mid-1990s. Shifrin is also a friend of the Ukrainian film producer Alexandr Rodyansky and provided almost a third of the budget for the film The Inhabited Island. Plans to build strip malls in Moscow suburbs have been put on hold, and Shifrin is reportedly selling a stake in Ukraine's struggling supermarket chain, Amstor, to Ukrainian billionaire Rinat Akhmetov's Smart Group.

Age, Biography and Wiki

Birth Place

United Kingdom

💰 Net worth: $1.3 Billion (2024)

Eduard Shifrin, the United Kingdom-born billionaire, is anticipated to have a net worth of $1.3 billion by 2024. Known for his business acumen, Shifrin made headlines in late 2009 when he joined forces with Alexander Shnaider to acquire numerous ships. This strategic move not only showcased Shifrin's ability to identify lucrative investment opportunities but also solidified his position as a prominent figure in the maritime industry. With his wealth steadily growing, it is no wonder that Shifrin's future endeavors will undoubtedly continue to leave an indelible mark on the business world.

Biography/Timeline

1977

Shifrin was born in Dnipropetrovsk, Soviet Ukraine, the son of metallurgy professor Vladimir Moiseyevich Shifrin. From 1977–1983, he attended the Moscow Institute of Steel and Alloys, earning a PhD in metallurgy. Over the next 10 years, he worked in Zaporizhia at the steel company Dniprospecstal, rising from assistant foreman to manager of the steel plant and then head of marketing. He then rose to prominence as a Business oligarch in newly independent Ukraine, taking control of privatised steelmaker Zaporizhstal. He co-founded, with Alexander Shnaider, Midland Group, a holding company headquartered in Guernsey that embraces interests in steel (including Zaporizhstal, Ukraine's fourth largest steel mill), shipping, real estate, agriculture and Sports. Together they own a share in Trump Tower Toronto and formerly owned Maccabi Tel Aviv and a Formula One team, Midland F1 Racing. He and Shnaider were best friends since childhood, as their fathers were best friends.

2006

In the 2006 edition of the Sunday Times Rich List, Shifrin was listed at No. 59 with an estimated wealth of £920 million. In Forbes magazine's ranking of "The World's Billionaires" in 2009, Shifrin was ranked 559th with an estimated fortune of $1.3 billion. In 2013, Focus magazine estimated his net worth at $893.3 million, making him the No. 20 richest person in Ukraine.

2009

Shifrin and his wife live in London with their three children. He is Jewish and was formerly a vice-president of the World Jewish Congress, elected in 2009.

2016

On 27 October 2016, Shifrin and his daughter Sofia Rose, 16, received Russian citizenship by decree of Vladimir Putin.

Some Eduard Shifrin images

Tags 1960 births Living people Ukrainian businesspeople People from Dnipro Ukrainian billionaires Ukrainian Jews Russian Jews Moscow Institute of Steel and Alloys alumni Oligarchs