⬅ # 223 Johnny Morris|# 225 Marcel Telles

# 224 Viatcheslav Kantor 

$10.00B

Real Time Net Worth
as of 7/2/2024
-$422 (-0.00%)

# 224 Viatcheslav Kantor 

$10.00B

Real Time Net Worth
as of 7/2/2024
-$422 (-0.00%)
OccupationPartial Owner, Acron
Source of WealthFertilizer, Real Estate
Age70
ResidenceHerzliya, Israel
Marital StatusMarried
Children5
EducationPh.D, Moscow Aviation University
Age-Adjusted Net Worth$5.08B
Viatcheslav Kantor
Viatcheslav Kantor
Russia
Net worth: $10.00B

Self-Made Score 

Wealth History

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Biography

Overview

Viatcheslav Moshe Kantor, born on September 8, 1953, is a Russian businessman.
He graduated from the Moscow Aviation Institute in 1976 with a degree in Spacecraft Automatic Control Systems and completed his PhD in the same field in 1981.
Kantor worked as a scientist and headed a research laboratory at MAI.
In the late 1980s, he established a computer trading company.
From 1989 to 1993, Kantor served as the Director General of Intelmas, a telecoms company.
He received a contract to conduct an environmental impact assessment at the Azot chemical plant in Novgorod, later renamed Acron, which he privatized in 1993.
Kantor heads the Acron Group, one of the world's leading mineral fertilizer producers and distributors.
Kantor had close ties to the Vladimir Putin regime in Russia.

Civic Activities

President of the European Jewish Congress, the largest secular organization representing 2.5 million Jews in 42 European countries.
Chairman of the World Jewish Congress Policy Council and founder of the World Holocaust Forum.
Established the Kantor Center for the Study of Contemporary European Jewry at Tel Aviv University in 2010.
Founded and chaired the European Jewish Fund in 2006.
Founder and president of the European Council on Tolerance and Reconciliation (ECTR).
Founded and led the International Luxembourg Forum on Preventing Nuclear Catastrophe in 2007.

Sanctions

Sanctioned by the British government in March 2022 following the Russian invasion of Ukraine.
European Union imposed sanctions against Viatcheslav Kantor on April 8, 2022.

Personal Life

Married to Anna Kantor with four sons and a daughter.
Owns a violin made by Riccardo Antoniazzi in 1912, purchased for $140,000.
Was a trustee of the Anna Freud Centre and a patron of King Solomon High School in London, but removed from these positions after the Russian Invasion of Ukraine.
Benefactor of the Royal Opera House Covent Garden Foundation since 2013.
Appointed Life Governor and Trustee of the King Edward VII's Hospital in London.

How long would it take you to become as rich as Viatcheslav Kantor?

If you started with $10,000 and invested an additional $500 each month at a 44.06% CAGR, it would take you 5 years to reach Viatcheslav Kantor's net worth of $10.00B.

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 48.24% compared to 16.19% for the S&P 500 benchmark.

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Viatcheslav Kantor 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 Viatcheslav Kantor, Fertilizer and Real Estate are the primary sources. 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