The richest people in the world
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He is called the Russian Buffett, he is ranked number one in Finance magazine's capital rankings, runs a solid business even by Russian standards, heads the Russian Biathlon Union, and in 2012 was a candidate for the presidency of Russia. Mikhail Prokhorov was ranked fifth by Forbes in 2007 and continues to be considered one of the most influential people in the country. Mikhail Prokhorov laid the foundation for his colossal fortune ($14.10 billion) by his own hand back in his student days, when after unloading railcars he started producing "boiled" jeans together with Alexander Khloponin (now governor of the Krasnoyarsk Territory). After that, in the early 1990s Prokhorov worked in the joint-stock commercial...
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After pop stars, Roman Abramovich is probably the most mentioned person in the press who has his own colossal business. The guy from Saratov, who lost his parents early, was brought up by his uncle and aunt in the Komi Republic, an icon for Chukotka residents, a lover of huge yachts and soccer clubs, a fan of Daria Zhukova beauty, currently divorced Abramovich occupies, according to the rating of "Finance" magazine, the second largest fortune - at the beginning of the year it is estimated at $13.90 billion (408.4 billion rubles). After graduating from high school in the town of Ukhta in the Komi Republic, Roman Abramovich enrolled in the Industrial Institute, but upon completion of his first year was drafted into the army. Then, according to various sources, Abramovich continued his studies...
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For a long time Alexander Abramov remained in the shadow of more famous Russian oligarchs, but now the owner of EvrazHolding is one of the most influential figures both national and global financial space, not the first year he is included in the top 50 billionaires of the Russian Federation. In 2010, according to Finance magazine, Alexander Abramov's fortune was valued at $5.05 billion, ranking 21st in the Russian Federation. In 2009, according to Forbes magazine, he was 119th in the world list of billionaires. Alexander Grigorievich Abramov was born on February 20, 1959, in Krasnodar. In 1982 he graduated with honors from the Faculty of Molecular and Chemical...
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Victor Niederhoffer is certainly one of the most extraordinary and outstanding traders of our time. Despite the repeated failure of his financial initiatives in 2007 he was and still is in the list of the great stockbrokers of the planet. Victor Niederhoffer: sports representative Victor Niederhoffer was born in 1946 in the famous borough of New York, Brooklyn, in the family of a policeman and a schoolteacher. The boy's grandfather was a famous player on Wall Street and even boasted an acquaintance with the legendary trader Jesse Livermore. Perhaps such hereditary roots predetermined Victor's fate later on. The boy's childhood hardly indicated future fame in the financial world. It was more likely to be a sporting one: Victor was an early...
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A couple of times a year the press rejoices the reader - another trader or financier has been arrested who has eased his company's accounts by a solid amount of money. The last known scam is the losses of the Swiss bank UBS AG to the amount of $2.3 billion caused by the actions of trader Kvek Adoboli. However, it's quite possible that the specified sum isn't final - after the details of the incident became known, the bank suspended its advertisement, and the losses could grow. Of course, Mr. Adoboli didn't lose such a substantial sum at once - he had been trading for more than three years, making unauthorized transactions and trading, for example, futures on the S&P500 index and hedging risks...
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Warren Buffett (born August 30, 1930, Omaha, Nebraska, USA) is the modern symbol of an overachieving investor with all the qualities and virtues he needs. According to Forbes magazine, Buffett is the third richest man in the world, with a fortune of $50 billion. A childhood stock exchange lesson for Warren Buffett Those unfamiliar with the personality of the great billionaire are unlikely to believe that this affable older man who drives a used car to his favorite diner has capital on which he could easily buy up a dozen towns like Omaha, where he lives. Nevertheless, meet Warren Buffett, arguably one of the most...
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Alexander Gerchik's extraordinary fate could serve as a good storyline for a Hollywood movie. However, a movie has already been made about the famous Odessa trader: in a CBNS Wall Street Warriors project, conducted in 2006 among 2,000 traders, Gerchik was named the safest, with not a single bad day in his entire trading career. From Taxi Driver to Broker A graduate of a food technical school, Alexander Gerchik began continuing his education at university, but quickly dropped out and decided to go for free bread in New York. Arriving in 1993 to the financial capital of America, the Odessa emigrant, like most post-Soviet illegal immigrants, became a cab driver. During his three years in the service...
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Peter L. Bernstein (1919 - 2009) is an acknowledged popularizer of the investment business, having worked in the field for more than three decades and written countless academic papers and books. The financier willy-nilly The father of the hero of the article was a financial consultant, so it is quite possible that the subsequent financial successes of the extremely capable son were genetically predetermined. In 1967, on the unexpected death of Bernstein Sr. Peter inherited a family business consisting of a wealth management firm. By this time the new Bernstein-Macaulay Inc. fund manager had two college degrees under his belt, including the famous Harvard, service in the U.S. Air Force during World War II...
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John Murphy is a recognized authority on technical analysis of the futures markets, having passed on his experience and knowledge to interested readers through dozens of books published. From Fundamentals to Technique A graduate in business management, John Murphy hardly imagined that his entire professional career would be devoted to mastering technical analysis. After graduation, he expected to work on fundamental analysis, hoping to get a job as a securities analyst on Wall Street. But it turned out that the recent student became an assistant to a portfolio manager of CIT Financial Corporation, drawing charts of quote changes for him. As Murphy recalls, he had to understand everything himself. The labors of technical...
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Bernard Baruch's influence on political and economic life in the United States in the first half of the twentieth century was as great as that of more famous oligarchs such as John P. Morgan and John D. Rockefeller. Before he became the "Gray Cardinal of the White House," however, the hero of this article won considerable laurels on Wall Street. A million of his last $500 Coming from a poor Jewish family, Bernard M. Baruch, after graduating from college in New York, was forced immediately to take a low-paying and little honorable job as a messenger in a broker's office. However, the shrewd and ambitious fellow made the most of an unenviable situation, from "errand boy" at first becoming...
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One of the most odious figures in trading, Jesse Livermore could not withstand the fourth fall, which proved fatal. To learn and understand the methods of the legendary Great Bear, Edwin Ledefre's book "Memories of a Stock Speculator" is recommended for reading, which, according to many, was partially written by the hero himself. It describes in sufficient detail the risk-free approach of Jesse Livermore, who sold shares at the first losses and gradually built up his share in the profitable securities package. The great trader laid down the main principles of technical and fundamental analysis, pointed out the main signals which indicate the entrance to the market, and also emphasized the importance of studying the companies themselves and the situation in the country in general. The great one himself...
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An old-school investor, Thomas Rowe Price was nevertheless able to adapt to the new conditions dictated by the times and still stay afloat. From chemist to investor Thomas Rowe Price was born in 1898 in Maryland, USA. His father was a successful country doctor, which may have influenced Thomas, who went to college after high school to study chemistry. However, the young man did not work in his profession for long, as he realized that he was more drawn to the study of companies and the analysis of their financial statements. Thomas decided to use his open analytical gift for its intended purpose, getting a job at a brokerage firm. There he became involved in advising clients...
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Imagine a project like the "Star Factory", only not preparing show business figures, but successful traders. Can you imagine? That's exactly what Richard Dennis did back in 1984, without the annoying television cameras, but under the scrutiny of financial circles. The Chicago king of futures Richard Dennis was attracted to the stock market at a very young age. Not having the right to be on the stock exchange as a minor, Dennis guided his father's actions with the help of gestures. He was a member of the stock exchange, but had little knowledge of trading, so he trusted his son with a more pronounced commercial vein. At that time Richard was a part-time bellboy in the trading room, earning the minimum monthly wage in America at that time of...
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Super successful stock trader and author of three best-selling books, Peter Lynch, however, has long since taken a well-deserved rest and is away from the turbulent vicissitudes of the market. Always listen to adults, especially while playing golf Like many children in the post-war era (born in 1944), Peter Lynch had a difficult childhood, aggravated by the loss of his father at age 10. So the boy is already eleven years of age to work as a handler for golf clubs. On a strange whim of fate, this hardly an honorable occupation had a decisive influence on further events in the life of a young boy. The regulars at that golf club were the big...
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In the New Year issue of ForTrader.ru we will talk about Leonid Fedun, a Russian oligarch, a former military man who made his fortune on oil and gasoline at the popular Lukoil company. Leonid Arnoldovich Fedun was born in Kiev on April 5, 1956 into the family of a military doctor. Having decided to continue his medical lineage, in 1972 Fedun entered the Rostov Higher Military Command School of Rocket Forces named after Chief Marshal of Artillery M. I. Nedelin at the Military and Political Department. Five years later, in 1977, having graduated from it, he continued to study at the Adjunct Military Academy named after F.E. Dzerzhinskiy. Dzerzhinsky Military Academy, from which he graduated in 1984 with the degree of Candidate of Philosophy. Fedun's dissertation was titled "Public Opinion as...
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Few people can boast that their name has become a household name. Just as few people know who and what the man after whom the owners of impressive fortunes became known as the Rockefellers really was. John D. Rockefeller was born July 8, 1839, in Richford, New York, and lived a long life of 97 years, forcing an insurance company to shell out five million dollars for his record of longevity. Virtually never seeing his father engaged in various scams and machinations, little John did learn a commercial approach to life from him. Already by the age of 13, the enterprising child was lending an acquaintance farmer a 50$ loan at 7.5% per annum, passing...
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Our 63rd issue of ForTrader.org magazine features the third billionaire from the Alfa clan, who according to Finance magazine ranked 16th among the Russian oligarchs with a fortune of $7.1 billion in 2010. Aleksei Kuzmichev is one of the founders and co-owners of Alfa Group, the priority of his work was the development of raw materials companies. Alexey Kuzmichev was born in the city of Kirov on October 15, 1962. Immediately after military service in the Transbaikal frontier troops, he entered the Moscow Institute of Steel and Alloys, where he met his future colleagues Mikhail Fridman and German Khan. Kuzmichev was active in the institute and became secretary as early as his first year...
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Vagit Alekperov is another Russian billionaire, occupying a confident 4th place in the rating of Russian billionaires. At the end of 2009, according to Forbes, his fortune is $7.8 billion. Vagit Alekperov was born on September 1, 1950 in Baku, then still Azerbaijan SSR, in the family of an oilman, which certainly left a mark on the future of the businessman. Literally from his "young nails", the atmosphere in his home and life was literally soaked in "black gold". Therefore, it is not surprising that his first profession was that of a driller at the Kaspmorneft Production Association, and he started his career at the early age of 18. Vagit Alekperov chose the appropriate education - he graduated from the Azerbaijan Institute of Oil and Gas in 1974.
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Viktor Rashnikov is a Russian businessman and billionaire who was ranked 14th in Russia by Finance magazine in 2010 and 71st in the world by Forbes magazine with a net worth of $9.8 billion. He is currently Chairman of the Board of Directors of the Magnitogorsk Iron and Steel Works, Chairman of the Strategic Planning and Corporate Governance Committee and President of MMK Managing Company LLC. Viktor Rashnikov was born on October 13, 1948 in Magnitogorsk, Chelyabinsk Region, into a family of workers. He received two higher education degrees in Metal Forming and Production Management in 1974 and 1994 respectively. He also has a degree of doctor...
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This time we will talk about Vladimir Potanin, another Russian oligarch who earned his fortune in the foreign economy and is actively giving it away to charity, and who is part of the "2P" tandem with Mikhail Prokhorov. Business interests Vladimir Potanin, currently president of Interros, was born on January 3, 1961, in Moscow to a family of a diplomat and a doctor. Having decided to follow in his father's footsteps, Potanin graduated from the Moscow State Institute of International Relations as an international economist with knowledge of foreign languages. After graduation, Vladimir Potavin worked for 7 years in the structure of the Ministry of Foreign Economic Relations of the USSR. But after the abolition of the state monopoly on foreign trade in the spring of 1990, he created and headed...
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