Sergey Chemezov is a Russian billionaire and the CEO of Rostec, a state-owned corporation that deals in advanced technologies. He has been described as one of the closest allies of Russian President Vladimir Putin, and his biography is an interesting read if you are interested in learning more about him.
In this blog post, we will take a closer look at Sergey Chemezov and his career thus far.
All About Russian Oligarchs
A Russian oligarch is a wealthy Russian businessman and politician who has amassed great wealth and power in post-Soviet Russia. The first group of Russian oligarchs emerged in the early 1990s, as a result of President Boris Yeltsin’s policies of privatization and deregulation.
These oligarchs made their fortunes by acquiring state-owned assets, such as oil and gas companies, at bargain prices. Since then, the Russian oligarchy has only grown richer and more powerful, exerting a tremendous amount of influence over the country’s politics and economy.
Today, there are estimated to be around 200 Russian oligarchs, with a combined net worth of over $1 trillion. Many of these oligarchs have close ties to Vladimir Putin, and some are even said to be members of his inner circle.
As a result, they have been able to effectively control the Russian government, often using their vast wealth to buy political favors and manipulate the country’s laws in their favor. Not surprisingly, the Russian oligarchs have come under intense scrutiny in recent years, with critics accusing them of corruption, cronyism, and worse.
Nevertheless, they remain an integral part of Russian society, and it seems unlikely that their grip on power will loosen anytime soon.
Sergey Chemezov: Russian Oligarch
Sergey Chemezov is one of the most powerful Russian oligarchs. He is the CEO of Rostec, a state-owned corporation that deals in advanced technologies. Rostec is involved in a wide range of industries, including aerospace, defense, automotive, and healthcare.
Early Life & Education
Sergey Chemezov was born in 1952 in the small town of Cheremkovo in the Ural Mountains region of Russia. The son of a factory worker and a housewife, he was raised in a modest but hardworking household.
After graduating from high school, he enrolled at the Baykalsky State University Of Economics And Law, from which he graduated with honors in 1975. Chemezov later transferred to the Military Academy Of The General Staff Of The Armed Forces Of Russia for his postgraduate studies.
He is a professor and has a doctorate in economics. Sergey Chemezov is also an active member of the Military Academy.
Career
Upon graduation, Chemezov began his career as an engineer at a state-owned research institute. In 1981, he was recruited by the KGB, the Soviet Union’s intelligence agency. He rose through the ranks of the organization, serving in a variety of positions over the next decade.
In 1991, he left the KGB and took a position with Rosvooruzheniye, a state-owned arms export company. He quickly rose through the ranks of the company, becoming its deputy director general in 1993 and its director general in 2000.
In 2006, Chemezov was appointed as the head of Rostec, a Russian state-owned corporation that is responsible for developing and promoting high-tech industries. Under his leadership, Rostec has become one of the most successful state-owned corporations in Russia. It is now one of the largest defense firms in the world, with a consolidated revenue of over $13 billion.
Chemezov’s offices are located in Moscow, and his company has numerous subsidiaries across the country. One of Rostec’s most notable products is the AK-47 assault rifle, which is used by militaries and law enforcement agencies around the world because of its flat jet nozzle. They also produce Russian helicopters.
Chemezov has been instrumental in the development of Russia’s military-industrial complex and Russian technologies. He currently sits on the Board of Directors for several state-owned companies. Under Chemezov’s leadership, Rostec has become one of the largest defense contractors in the world.
Chemezov himself is widely considered to be one of the most influential figures in Russia’s defense industry and was recently in Eastern Ukraine. He has been awarded numerous honors for his accomplishments, including Russia’s Order of Alexander Nevsky and Order of Merit for the Fatherland.
His Personal Life
Chemezov is currently married to Yekaterina Ignatova, an engineer. He was once married to Lyuba when he was a teenager. Chemezov has four children.
His eldest son works for Itera and is a successful businessman. He is also the chairman of the board of directors of Inter Business Group. His second son is studying at a medical institute while his daughter is a graduate student at another university. Chemezov’s youngest son is still in primary school.
The Chemezov family is influential and powerful in Russia. They have close ties to the Kremlin and are widely seen as loyal allies of President Putin.
With their deep knowledge of the Russian economy and their extensive business connections, the Chemezovs are well positioned to continue to wield significant influence in the years ahead.
His Social And Academic Groups
Chemezov has been active in many academic and social organizations throughout his career.
- He is a member of the Board of Trustees of the Moscow Institute of Steel and Alloys.
- He also serves on the boards of several other universities and research institutes.
- Chemezov is a member of The Moscow Times’ editorial board. He is also a member of the World Policy Institute’s International Advisory Council.
- In addition to his academic activity, Sergei Chemezov has also been active in social activism and patronage. He is a vocal advocate for increased government support for science and technology research and development.
- He is also an avid supporter of the Russian Cycling Federation and History Russia.
- He has also been a major donor to many charitable organizations, including those focused on education and health care.
His Awards
Sergey Chemezov has been awarded:
- The Order of Honour, the Order of Friendship, and the Orders of Alexander Nevsky and Merit.
- In addition, he received the Order of Lenin, the highest honor in the Soviet Union.
- Chemezov is also a recipient of the Gold Star of Hero of Labour, one of the highest civilian awards in Russia.
- He has also been honored with the title of Doctor Honoris Causa by three different universities.
Sergey Chemezov is a highly accomplished individual who has been recognized for his contributions to the Russian Federation and society. He is well traveled and has been to East Germany to discuss Russia’s foreign economic relations.
Conclusion
Sergey Chemezov is a powerful figure in Russia, and he will continue to be so in the years to come. With his vast knowledge of the Russian economy and his strong connections to the Kremlin, Chemezov is poised to play a major role in the country’s future.