⬅ # 505 Liang Wengen|# 507 Archie Aldis Emmerson ➡

# 506 Dmitry Rybolovlev 

$6.29B

Real Time Net Worth
as of 12/19/2024
-$315 (-0.00%)

# 506 Dmitry Rybolovlev 

$6.29B

Real Time Net Worth
as of 12/19/2024
-$315 (-0.00%)
OccupationPresident, AS Monaco FC; Owner, Cercle Brugge K.S.V.
Source of WealthFertilizer
Age58
ResidenceMonaco, Monaco
Marital StatusDivorced
Children2
EducationMedical Doctor, Perm Medical Institute
Age-Adjusted Net Worth$7.20B
Dmitry Rybolovlev
Dmitry Rybolovlev
Russia
Net worth: $6.29B

Self-Made Score 

Mens Breitling Superocean 44mm Watch 1000 Meter Waterproof

Wealth History

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Biography

Early Life and Career

Dmitry Yevgenyevich Rybolovlev was born on November 22, 1966 in Perm, Russia
Studied medicine at Russia's Perm Medical Institute
Joined business with his scientist father in 1990 after graduating from Perm Medical Institute
Began business with a small medical enterprise serving local factories
Earned first million dollars by reselling products acquired through services-for-products deals with factories
Obtained brokerage license from Russian Ministry of Finance in 1992
Founded brokerage and investment company focusing on local enterprises like Uralkali

Development of Uralkali

Persuaded directors to establish a bank in early 1994, which he headed
Focused on assets Uralkali and Silvinit, jointly developing the Verkhnekamskoye potash deposit
Survived violent clashes with criminal gangs in 1990s Russia
Was forced to hire bodyguards and eventually relocated family to Switzerland in 1995
Acquitted of accusations related to director's murder in 1997
Focused on developing Uralkali, eventually building it into a major global enterprise
Consolidated controlling interest in Uralkali and initiated reforms for growth and modernization
Led Uralkali to significant capitalization growth by 2000, reaching $20 billion by 2008
Facilitated Uralkali's IPO in 2007, one of Russia's most successful
Sold 53% shareholding in Uralkali in June 2010 for around $5.3 billion

Investment Ventures

Bought a 9.7% stake in Bank of Cyprus in September 2010
Suffered significant financial loss due to Cyprus's banking crisis in 2013
Invested in AS Monaco FC in December 2011, acquiring a 66% stake for a nominal fee and committing to significant financial support
Oversaw AS Monaco's resurgence in French football, including promotions and notable player acquisitions
Invested in sporting infrastructure for AS Monaco, including a new performance center and youth academy facilities
Joined LFP's Board of Directors in November 2022

Dmitry Rybolovlev's Wealth is Equivalent to:

4,842,956 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,190,350 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

64,296 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Dmitry Rybolovlev?

If you started with $10,000 and invested an additional $500 each month at a 42.79% CAGR, it would take you 5 years to reach Dmitry Rybolovlev's net worth of $6.29B.

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 66.02% compared to 28.56% for the S&P 500 benchmark.

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

Dmitry Rybolovlev 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 Dmitry Rybolovlev, Fertilizer 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.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey