Bloomberg Billionaires Index

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# 108 Vyacheslav Kantor $15.2B

Random fact: His eldest son, Vladimir Kantor, works at Acron.

Overview

Kantor is the majority shareholder of Acron, a Russian producer of mineral fertilizers. The Velikiy Novgorod-based company had a production output of more than 7 million tonnes and revenue of $1.7 billion in 2020. The billionaire also owns the world's largest collection of 20th century avant-garde art.

As of :
Last change -$957M ( -5.9%)
YTD change +$6.20B ( +68.7%)
Biggest asset AKRN RX Equity
Country / Region Russian Federation
Age 68
Industry Industrial
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Vyacheslav Kantor's net worth of $15.2B can buy ...

0
troy ounces of gold
0
barrels of crude oil

... and is equivalent to ...

0%
of the GDP of the United States
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of the total wealth of the 500 richest people in the world
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of the top 100 U.S. college endowments
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of the top 200 U.S. executives’ total awarded compensation
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of U.S. existing home sales
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times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Kantor's fortune is derived from his majority stake in Acron, a publicly traded producers of mineral fertilizers. He holds 94% of the shares through Cyprus-based Terasta Enterprises, according to company spokesperson Anastasiya Gromova in January 2022.

Kantor transferred a 45.1% stake in Acron to executives at the fertilizer maker after he was sanctioned by the EU and the UK in April 2022. This stake remains credited to him to reflect his status as founder and main investor.

The billionaire's art collection is worth $275 million, according to Thomas Seydoux, head of SEYDOUX & ASSOCIÉS Fine Art, an international art trading company based in Geneva, Switzerland. Kantor's Museum of Avant-Garde Mastery in Moscow features the world’s largest collection of 20th century avant-garde art, according to its website.

His cash holdings are calculated using an analysis of dividends, insider transactions, personal investments, taxes and market performance.

Biography

Birthdate: 9/8/1953
Family: Married, 5 children

Vyacheslav Kantor was born in 1953 in Moscow. He graduated with a degree in engineering from Moscow Aviation Institute in 1976, and began working at one of institute's branches. He became general director of Intelmas, a Soviet-American joint venture, which was specializing in installation of computer networks at Soviet enterprises, in 1989.

He later received a contract to carry out an environmental impact assessment at the Azot chemical plant in Velikiy Novgorod. The company was privatized in 1993, and Kantor bought a 30 percent stake in a fertilizer maker. In subsequent years he increased his stake by buying workers' shares that were distributed by the post-Soviet Russian government as part of a program aimed at bringing private ownership to Russia.

The billionaire retains a controlling stake in Acron, the name given to the former Azot chemical plant.

Kantor lives in London with his wife and children.

Milestones
  • 1953 Vyacheslav Kantor is born in Moscow.
  • 1976 Graduates from Moscow Aviation Institute.
  • 1993 Buys shares of Acron, gains control over the company.
  • 1996 Acron sets up its distribution network across Russia.
  • 2001 Founds the Museum of Avant-Garde Mastery (MAGMA).
  • 2005 Becomes president of Russian Jewish Congress.
  • 2008 Acron listed on the London Stock Exchange.
  • 2016 Re-elected President of the European Jewish Congress for the fourth term.