Dmitry Mazepin

About Dmitry Mazepin

Birth Day: April 18, 1968
Birth Place: Russia
Birth Sign: Taurus
Citizenship: Russia
Alma mater: MGIMO University
Occupation: Owner, Chairman of Uralchem
Spouse(s): divorced
Children: 2

Dmitry Mazepin Net Worth

Dmitry Mazepin was bornon April 18, 1968 in Russia. Dmitry Mazepin is an owner of the mineral fertilizer company Uralchem. In 2013 he bought nearly a fifth of the company from billionaire Suleiman Kerimov. A native of Minsk, Mazepin attended Minsk Suvorov Military School and in the late 1980s served as an interpreter in Afghanistan. He graduated from the Moscow State Institute of International Relations and until 2000 worked with the petrochemical companies TNK and Sibur. He also was a deputy chairman of the Russian Federal Property Fund. In 2004 he founded his own company, which bought stock in chemical plants; he later merged those assets into Uralchem. Together with billionaire Oleg Derispaska he is a member of the supervisory board of the All-Russian Swimming Federation.
Dmitry Mazepin is a member of Manufacturing

💰 Net worth: $1.3 Billion

2011 $1.5 Billion
2012 $1.7 Billion
2013 $3.2 Billion
2014 $1.4 Billion
2015 $1.3 Billion
2018 $1.3 Billion

Some Dmitry Mazepin images

Awards and nominations:

Recipient of a Honorary Certificate from the Russian Government, decorated with military medals Medal "For Courage" (Russia) and Medal "For Service in Battle".

Biography/Timeline

1968

Dmitry Mazepin was born on April 18, 1968 in Minsk, graduating from the Suvorov Military Academy in Minsk in 1985. After this, he was educated as a military interpreter. Dmitry Mazepin did his military Service in Afghanistan in 1986—1988 as an interpreter. He graduated from the MGIMO University's Department of Economics in 1992 before going to work in the financial sector of Russia and Belarus and ultimately taking executive positions at major Russian private and government-owned companies. He has been chairman at Uralchem since 2007. He graduated from the Saint Petersburg Institute for Economics and Management in 2008 with a first-tier university degree in Organization Management. He earned his PhD from the same school in 2012 after defending a thesis on developing a methodical approach to managing the stock market potential of an oil producing company.

2000

In the mid-2000s, Dmitry Mazepin became embroiled in a conflict around Gazprom assets. The assets were divested by Nikolay Gornovsky, CEO of Gazprom subsidiary Mezhregiongaz, in late 2002, without permission or knowledge of Gazprom management. Part of these assets ended up in Mazepin’s possession some time after that. Gazprom was able to recover the assets, including an 18% equity stake in Azot Chemicals Company, in 2006.

2001

When Mazepin was an executive officer at the Russian Government Property Fund and Kuzbassugol Coal Company in 2001-2002, Russian Steel, a minority shareholder in Kuzbassugol, accused him of promoting and serving the interests of Severstal and MMK, the Kuzbassugol majority shareholders. As a government official at the Russian Government Property Fund, he also advocated cancellation of a controversial auction to privatize the Eastern Oil Company which went against the best interests of TNK, a private company.

2004

After leaving Sibur, Mazepin decided to go into the chemicals Business for himself. In 2004, Constructive Bureau, a company controlled by Mazepin, acquired a control equity stake in Kirovo-Chepetsk Chemicals Plant. Mazepin claimed originally that he was acting on behalf of Gazprom, but ended up as the beneficiary owner of the chemicals company. Most of the core assets of Mazepin’s Business were spun-off from Gazprom, according to some media.

2005

Starting from 2005, he has been regularly accused of attempting to use illicit (“raider's”) methods to take over Togliattiazot (TOAZ), a public company where he has been consistently persecuting the executives. TOAZ CEO Sergey Makhlai accused Mazepin of making personal threats against himself. According to Makhlai, Mazepin threatened him with instigating a Criminal investigation against him unless he agreed to Mazepin’s terms for selling TOAZ to Mazepin.

2008

In June 2008, Mazepin acquired a 75.01% stake in Voskresensk Mineral Fertilizers, increasing thee stake to 100% in 2011. In the same year, he combined the production facilities of Kirov-Chepetsk Plant and Perm Halogen into Halopolymer, a public joint-stock company. He resigned from the Board of Directors of Halopolymer in 2015.

2010

Forbes magazine placed Mazepin on the list of Russia's 100 wealthiest businessmen in 2010, estimating his personal fortune at US$950 mn. His fortune was estimated at US$1.4 bn as of 2014.

2013

Dmitiry Mazepin joined resources with Mikhail Prokhorov to buy out a stake in Uralkali from Suleiman Kerimov in December 2013, becoming the owner of a 19.99% equity stake. Mazepin took operating control over the company at that time, winning a seat on Uralkali Board of Directors in March.

2014

In May 2014, Mazepin resigned as a regional legislator at the Kirov Regional Duma. Some media link this to allegations leveled against Mazepin for his alleged involvement in making a falsehood-laden political video commercial targeting his political opponents, which has been aired on REN TV, a nationwide Russian TV channel.

2015

Uralkali made a buyback offer for 11.89% of its stock in May 2015. British Business observer and law professor Andrew Ashworth believes that the Uralkali management are trying to drive the stock price down to enable Mazepin to buy a controlling stake and squeeze out minority shareholders. Ashworth notes that Mazepin supports minority shareholders in the Togliattiazot conflict, while disregarding minority shareholders’ rights at Uralkali. Ashworth believes that Mazepin’s actions at Uralkali may constitute unfair stock price manipulation, illegal under the British law. Uralkali minority shareholders include several major international institutional Investors.

2019

He was appointed President and CEO of Sibur, a Gazprom subsidiary, mere months after the previous CEO of the company Jacob Goldovsky was arrested. Mazepin's brief from Gazprom management was to return Sibur under the gas giant’s operating control. After a little over six months as Sibur CEO, Mazepin was dismissed in February 2003.