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Russian Billionaire : Ziyavudin Gadzhievich Magomedov

Russian Billionaire : Ziyavudin Gadzhievich Magomedov

Ziyavudin Gadzhievich Magomedov (born 1968) is an Avar Dagestani – Russian organisation magnate as well as the major proprietor of the private investment company Summa Group.

Ziyavudin Magomedov was born in 1968 in Makhachkala, Dagestan. In 1993 he finished from the Economics Professors of Moscow State Lomonosov College. Magomedov is presently the 41st richest in Russia according to the 2011 Finance Publication list, with an approximated lot of money of US$ 3 billion.

In 2006, “Slavia” regulated by Magomedov, bought 76% of shares of “Yakutgazprom” for 628.5 million rubles. In 2006, “Summa Telecom” controlled by Magomedov got frequencies in the 2.5-2.7 GHz band for the provision of cordless technology WiMax throughout Russia. In 2007 Ziyavudin Magomedov entered the board of trustees of the Bolshoi Theater.

October 2010, is the chairman of board of trustees of the Russian Tennis Federation. In 2010, he ended up being the representative of Russia in APEC and also in 2012 Chairman of ABAC, the APEC Company Advisory Council. In January 2011, Ziyavudin Magomedov with “Transneft” obtained firm Kadina Ltd, which possessed the majority (50.1%) of NCSP.

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