What is Mikhail Fedyaev's Net Worth?
Mikhail Fedyaev is a Russian businessman who has a net worth of $1.2 billion. Mikhail Fedyaev holds control of the privately-held conglomerate Sibirskiy Delovoy Soyuz (or Siberian Business Union) along with fellow billionaire Vladimir Gridin. The conglomerate, which reportedly produces over 20 million tons of coal, is also active in the chemical industry, as well as construction, engineering and transportation. Mikhail Fedyaev started his career while he was still studying at the Kuzbass Polytechnic Institute.
He made his beginnings as a mechanic in a car factory where he eventually met his future partner, Vladimir Gridin. With support from Aman Tuleev, the governor of Kemerovo Oblast, the duo became owners of a coal field and set the basis for today's Sibirskiy Delovoy Soyuz. Married with two children, Mikhail Fedyaev now resides in Kemerevo, Russia.