Andrei Guriev

About Andrei Guriev

Birth Year: 1959
Birth Place: Moscow, Russia, Russia
Residence: Moscow, Russia
Alma mater: Russian State University of Physical Education, Sport, Youth and Tourism
Occupation: CEO, PhosAgro
Spouse(s): Evgenia
Children: Andrey Guryev, Jr. Yulia Guryeva-Motlokhov
Relatives: Alexei Motlokhov (son-in-law)

Andrei Guriev

Andrei Guriev was born on 1959 in Moscow, Russia, Russia. A former communist committee leader in Moscow, Andrei Guriev became an enthusiastic capitalist in the 1990s. Former billionaire Mikhail Khodorkovsky tapped him to be his deputy director at financial holding company, Menatep Group; he eventually rose to chairman of its Apatit subsidiary. After 2001, Guriev began buying up fertilizer processing plants and combined them into holding company PhosAgro, at which point Khodorovsky awarded him a small stake. While Khodorkovsky spent a decade in prison, Guriev led a management buyout to acquire control of PhosAgro. In 2011 PhosAgro raised over 500 million dollars in an IPO. Deputy chairman of PhosAgro (his son is CEO), he and his family own a 48% stake in the company.
Andrei Guriev is a member of Manufacturing

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Biography/Timeline

1978

Guryev is a Judo master and from 1978 to 1987, served as an instructor and Committee Secretary for the Mosgorsovet’s Dinamo Komsomol organization.

1983

Guryev was born in Lobnya, a town 27 kilometers (17 mi) north of Moscow. He graduated in 1983 from the Russian State University of Physical Education, Sport, Youth and Tourism, with a degree in physical education and sport. Guryev was further educated at the University of Greenwich, where he graduated with a bachelor's degree in economics in 2003, as well as at the Russian Government Academy of National Economy, graduating in 2004, and at St. Petersburg National Mineral Resources University, where he graduated with post-graduate certificate in Economics in 2010.

1990

From 1990 to 1995 he was Deputy Director of the Menatep Group.

1995

In 1995, he was appointed as Head of the Mining and Chemical Products Department, First Deputy CEO of ROSPROM and subsequently head of the Y. V. Samoilov Research Institute for Fertilizers and Insectofungicides (NIUIF).

2011

Between 2011 and 2013 Guryev served as a Member of the Federation Council from the executive branch of the Murmansk oblast government.

2012

In 2012, PhosAgro purchased 20% of Apatit. Guryev led a management buyout to acquire control of Apatit and PhosAgro, and now owns 100% of the company.

2013

In 2013, Andrey Guryev was appointed Deputy Chairman of PhosAgro's Board of Directors. This came after he made the decision to step down as Senator, citing the new laws regarding foreign bank account owned by Russian entrepreneurs as his reason for stepping down after 11 years as a Politician.

2014

In 2014 Guryev sold an increased stake in PhosAgro to Valdimir Litvineko, bringing the latter's total ownership to 9.73%, up from 4.92% in 2011.

2015

In early 2015, current CEO Andrei Guryev Jr, Andrey Guryev’s son, was reported as saying, “PhosAgro is the most profitable phosphate fertilizer company in the world.”

2016

In July 2016, Forbes estimated his net worth at US$4.3 billion.

2019

PhosAgro is structured so that Guryev and his family are recipients of a trust, rather than outright ownership in their names, though Evgenia Guryev, Guryev’s wife, owns 4.82% of PhosAgro in her own name.

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