⬅ # 266 Giancarlo Devasini|# 268 Igor Bukhman

# 267 Dmitri Bukhman 

$9.19B

Real Time Net Worth
as of 4/16/2024
-$756.4k (-0.01%)

# 267 Dmitri Bukhman 

$9.19B

Real Time Net Worth
as of 4/16/2024
-$756.4k (-0.01%)
OccupationCofounder, Playrix
Source of WealthOnline Games
Age38
ResidenceLondon, United Kingdom
Marital StatusMarried
Children3
EducationMS, Vologda State Pedagogical University
Age-Adjusted Net Worth$40.7B
Dmitri Bukhman
Dmitri Bukhman
Israel
Net worth: $9.19B

Self-Made Score 

Wealth History

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Biography

Early Life

Dmitri Bukhman was born on May 27, 1985, in Vologda, Soviet Union.
He showed an early interest in programming during his childhood.
Started selling games online with his brother Igor while still in high school.

Career

Cofounded Playrix in 2004 with brother Igor while studying at the Vologda State Pedagogical Institute.
Playrix is renowned for mobile-app hits like Homescapes and Fishdom.
In 2018, the brothers invested in Nexters Global and Vizor Games.
In 2019, Playrix acquired Plexonic and Eipix Entertainment.
In October 2022, Playrix closed its offices in Russia and Belarus due to the war in Ukraine.
By 2023, Playrix employed over 3,000 people globally.
Ranked seventh globally by Data.ai in mobile publisher revenue in June 2023.

Playrix History

Started with their first game in 2001, released Discovera later that year, earning $60 in its first month.
Founded Playrix in 2004, releasing three games and 30 screensavers by then.
Transitioned to developing free-to-play mobile games in 2009, launching Township on Facebook in 2012.
Moved headquarters to Dublin in April 2013.
Released popular titles like Gardenscapes (2016) and Homescapes (2017), earning $1.5 billion from Gardenscapes by 2019.

Playrix Expansion and Acquisitions

Invested in Nexters Global in 2018, acquiring a 43% stake.
Acquired Vizor Games in August 2019.
Purchased Zagrava Games and integrated Alawar Games in October 2019.
Acquired Eipix Entertainment in December 2019, Plexonic in May 2020, and Cateia Games in June 2020.
Bought Boolat Games in March 2021.
Closed offices in Russia and Belarus in October 2022 due to the conflict in Ukraine.

Playrix Financial Growth

Reported increased downloads and profits during the COVID-19 pandemic in 2020.
Paid each of their 2,100 employees an additional one-off payment of $650 in April 2020 for financial support.
Earned $1.75 billion in just eight months from downloads and in-game purchases in 2020.
Valued at $8 billion in 2021, making Playrix the fourth-largest mobile game developer globally.
Earned $2.7 billion in revenue in 2021.

Personal Life

Moved to Dublin in 2014 and obtained Israeli citizenship in 2016.

How long would it take you to become as rich as Dmitri Bukhman?

If you started with $10,000 and invested an additional $500 each month at a 44.18% CAGR, it would take you 5 years to reach Dmitri Bukhman's net worth of $9.19B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 36.27% compared to 8.51% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Dmitri Bukhman is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Dmitri Bukhman, Online Games is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey