LYCOS RETRIEVER 
Andrei Melnichenko
built 116 days ago
With his smooth cheeks and angelic looks, Andrei Melnichenko seems awfully young to be one of the key players in the next stage of Russia's capitalist revolution. Yet Melnichenko has already helped turn Moscow's MDM Group into a $3 billion-a-year chemicals, pipeline, and coal business. And in a country in which the free-market economy is barely more than 10 years old, the players may look like cherubs, but they can bite like wolves. "He's 30--and he wants to own the world," says Len Blavatnik, an influential Russian-born U.S. citizen who invests in oil and aluminum and who, at 45, is an elder in Russia's big business set.
Source:
Andrei Melnichenko, a 35-year-old Russian banker, is flying Lopez to the U.K. to entertain his model wife, Aleksandra, and her 60 guests at their home for her birthday bash, according to various overseas reports. The tab is said to be $1.2 million fee, plus $800,000 for Lopez and her entourage’s expenses. Melnichenko’s personal fortune is reportedly close to $5 billion. Andrei and Aleksandra are both very great fans of J. Lo, so Andrei put the call in and personally put the offer to [Lopez,]” a source told London’s Daily Mail. “She accepted immediately. She will sing for about 40 minutes — not bad money for the work.
Source:
At the moment, Andrei Melnichenko controls the MDM group (Mezhregionalny Delevoi Mir), which includes banks, pipe and coal manufacturing companies, and chemical units. Melnichenko was appointed the MDM group's chairman after Aleksandr Mamut's resignation. The latter, who used to be the number one person at MDM, resigned due to involvement of the MDM's name in the BoNY (Bank of New York) scandal. This scandal related to the laundering of more than $7 billion by Russian organized crime rings through the Bank of New York. Besides the investments in Russia, the MDM group is ... running businesses in Lithuania and in Romania. According to the declarations made by the MDM group's representatives, Melnichenko's group controls the activity carried out by Artrom SA Slatina, which manufactures metal pipes.
Source:
The entrepreneurs Sergei Popov and Andrei Melnichenko left TMK. The owners of a 32% stake are not among the new Board members elected yesterday. The experts think that Melnichenko and Popov sold their shares to the Chairman of the Board Dmitry Pumpyansky, who is now leading the company to IPO. However, the partners say that they have not carried out any (sales) of TMK shares.
Source:
The wedding could well be one of the most expensive in post-Soviet Russia, though that of another billionaire, banker Andrei Melnichenko, was reported to have paid $35 million, including $3.6 million for Christina Aguilera to perform three songs. Melnichenko married a former Miss Yugoslavia in 2005.
Source:
Melnichenko's MDM Bank is taking a different tack. It's acquiring a dozen or more regional banks, including some specializing in processing government pension checks. The idea is to create an expertise--and a relationship with the government's State Pension Fund--that can make MDM the top dog in 2004. That's when private pension managers can finally bid to manage the government retirement funds. The pool is projected to grow from $4.5 billion in 2004 to at least $20 billion three years later.
Source:
MORE ABOUT
Andrei Melnichenko