NetWorth
LeaderPortfolio
Molchanov
Andrei Molchanov
Rank #2805
RUSSIA•Manufacturing•Construction materials

Andrei Molchanov

Net Worth
$1.329B
0% (24h)
Andrei Molchanov, born in 1971, is a prominent Russian businessman and the founder of LSR Group, a leading construction materials and real estate development company. With an estimated net worth of $1.3 billion, Molchanov's wealth stems from his strategic investments and leadership in the construction materials sector. His career began in St. Petersburg, where he acquired and developed businesses in the construction industry. He holds a Doctorate in Economics and has served in political roles, including as a member of the Federation Council. His achievements have been recognized with honors such as Honorary Citizen of the Leningrad Region. Molchanov is married with six children.

How to read Andrei Molchanov's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Andrei Molchanov, we anchor the narrative to Construction materials and Construction materials, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.329B alongside global rank #2805, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (RUSSIA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Andrei Yuryevich Molchanov was born on September 24, 1971, in Leningrad (now Saint Petersburg), Russia. After graduating from high school, he attended Saint Petersburg State University, where he studied economics and graduated in 1993. He furthered his education at the Russian Academy of Public Administration, obtaining a Master's degree and later earning a Doctorate in Economic Sciences.

Rise to Success

Molchanov's entrepreneurial journey began in 1993 in St. Petersburg. He acquired JSC Stroydetal, which included factories producing construction materials. In 1994, he founded JSC Stroitelnaya Korporaciya Vozrozhdenie Sankt-Peterburga. The company focused on the reconstruction and restoration of buildings. In 1996, he acquired Lenstroirekonstruktsiya, later becoming the namesake of the LSR Group. Through strategic acquisitions and a clear vision, Molchanov built LSR Group into a major player in the Russian construction market, eventually becoming one of the largest construction holdings in the country. He served as CEO of LSR Group since 2015.

Key Business Strategies

Molchanov's success can be attributed to several key business strategies. He focused on vertical integration, acquiring and controlling businesses involved in the entire construction process, from materials production to real estate development. This gave LSR Group a competitive edge. Molchanov also expanded the business geographically, initially focusing on St. Petersburg before extending operations to Moscow and other key regions. He also took LSR Group public in 2007, increasing its financial capabilities. Additionally, he recognized the importance of innovation and sustainability, leading to the development of eco-friendly building materials.

Philanthropy

Molchanov has been involved in philanthropic initiatives. He allocated $2.5 million for the restoration of the house of architect Konstantin Melnikov in Krivo-Arbatsky Lane. He also funds the education of musically gifted children in the Leningrad Region. His wife, Elizaveta Molchanova, is the initiator of the «Dobrotorium» Foundation. Molchanov's philanthropy focuses on supporting the arts and culture.

Career Timeline

2018

Honorary Citizen of the Leningrad Region

Awarded the title in recognition of his contributions.

2015

CEO of LSR Group

Assumed the role of CEO of LSR Group.

2008

Member of the Federation Council

Represented the Leningrad Oblast in the Federation Council.

2007

LSR Group went public

Took LSR Group public, increasing its financial capabilities.

1993

Founded LSR Group

Established the construction company that would become one of the largest in Russia.

Philanthropic Impact

Arts and Culture$2.5M

Restoration of Konstantin Melnikov's house

Allocated funds for the restoration of the house of architect Konstantin Melnikov.

EducationUnknown

Supporting musically gifted children

Funds the education of musically gifted children in the Leningrad Region.

Key Business Ventures & Holdings

CompanyStakeValue
LSR Group55.10%—

Net Worth History

In-Depth Analysis

Early Life

Andrei Yuryevich Molchanov was born on September 24, 1971, in Leningrad (now Saint Petersburg), Russia. After graduating from high school, he attended Saint Petersburg State University, where he studied economics and graduated in 1993. He furthered his education at the Russian Academy of Public Administration, obtaining a Master's degree and later earning a Doctorate in Economic Sciences.

Rise to Success

Molchanov's entrepreneurial journey began in 1993 in St. Petersburg. He acquired JSC Stroydetal, which included factories producing construction materials. In 1994, he founded JSC Stroitelnaya Korporaciya Vozrozhdenie Sankt-Peterburga. The company focused on the reconstruction and restoration of buildings. In 1996, he acquired Lenstroirekonstruktsiya, later becoming the namesake of the LSR Group. Through strategic acquisitions and a clear vision, Molchanov built LSR Group into a major player in the Russian construction market, eventually becoming one of the largest construction holdings in the country. He served as CEO of LSR Group since 2015.

Key Business Strategies

Molchanov's success can be attributed to several key business strategies. He focused on vertical integration, acquiring and controlling businesses involved in the entire construction process, from materials production to real estate development. This gave LSR Group a competitive edge. Molchanov also expanded the business geographically, initially focusing on St. Petersburg before extending operations to Moscow and other key regions. He also took LSR Group public in 2007, increasing its financial capabilities. Additionally, he recognized the importance of innovation and sustainability, leading to the development of eco-friendly building materials.

Philanthropy

Molchanov has been involved in philanthropic initiatives. He allocated $2.5 million for the restoration of the house of architect Konstantin Melnikov in Krivo-Arbatsky Lane. He also funds the education of musically gifted children in the Leningrad Region. His wife, Elizaveta Molchanova, is the initiator of the «Dobrotorium» Foundation. Molchanov's philanthropy focuses on supporting the arts and culture.

Data Sources & Methodology

Figures for Andrei Molchanov are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

You may also like

HubAll BillionairesHubGlobal RankingsHubNewsroom