NetWorth
LeaderPortfolio
Minovalov
Kirill Minovalov
Rank #2496
RUSSIA•Food & Beverage•Agriculture, finance

Kirill Minovalov

Net Worth
$1.579B
0% (24h)
Kirill Minovalov, born in Moscow in 1971, is a prominent figure in Russian finance and agriculture. He is best known as the founder of Avangard Bank, established in 1994, which now holds assets of approximately $1.5 billion. Minovalov's wealth stems from his successful ventures in finance and agriculture. His career includes founding a consulting firm and diversifying into agriculture through Avangard-Agro, one of Russia's largest agricultural producers. His estimated net worth is $1.6 billion, ranking him among the world's billionaires. Minovalov's achievements reflect his business acumen and strategic investments in diverse sectors.

How to read Kirill Minovalov'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 Kirill Minovalov, we anchor the narrative to Agriculture and Agriculture, finance, 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 $1.579B alongside global rank #2496, 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

Kirill Vadimovich Minovalov was born on April 22, 1971, in Moscow, within the Soviet Union. He grew up in an ordinary urban family.

Rise to Success

Minovalov's entrepreneurial journey started with a consulting firm, Alcor, which he founded. However, his pivotal career move came in 1994 when he established Avangard Bank. Over time, the bank flourished, establishing a solid reputation in the Russian finance industry. His entrepreneurial spirit was evident early on when, from 1991 to 1994, he took the helm of Alcor, a consulting firm he founded. The bank expanded significantly, focusing on corporate lending and retail services. Minovalov also diversified into other business sectors, with significant investments in Omsk Glassworks and the ownership of Avangard Malz, the largest malting company in Germany.

Key Business Strategies

Minovalov's key strategies include diversification. Besides banking, he has invested in agriculture and malting. Through Avangard-Agro, Minovalov's agricultural holdings have contributed to Russia's food security. He acquired the assets of the bankrupt German malting firm Weissheimer Malz in 2006, creating Avangard Malz AG (Russian Malt OJSC).

Philanthropy

Public records of Minovalov's personal philanthropy are sparse, with no prominent donations to education or agriculture documented in major outlets. Avangard Bank allocated 47,359 thousand rubles to charitable expenses in 2004.

Career Timeline

2006

Founded Avangard Malz

Acquired the assets of the bankrupt German malting firm Weissheimer Malz and created Avangard Malz.

1994

Founded Avangard Bank

Established and became President and Chairman of Avangard Bank.

1991

Founded Alcor Consulting

Established Alcor, a consulting firm.

Philanthropic Impact

Corporate Giving$0.047B

Avangard Bank Charitable Expenses

Avangard Bank allocated 47,359 thousand rubles to charitable expenses in 2004.

Key Business Ventures & Holdings

CompanyStakeValue
Avangard Bank99.00%$1.5M

Net Worth History

In-Depth Analysis

Early Life

Kirill Vadimovich Minovalov was born on April 22, 1971, in Moscow, within the Soviet Union. He grew up in an ordinary urban family.

Rise to Success

Minovalov's entrepreneurial journey started with a consulting firm, Alcor, which he founded. However, his pivotal career move came in 1994 when he established Avangard Bank. Over time, the bank flourished, establishing a solid reputation in the Russian finance industry. His entrepreneurial spirit was evident early on when, from 1991 to 1994, he took the helm of Alcor, a consulting firm he founded. The bank expanded significantly, focusing on corporate lending and retail services. Minovalov also diversified into other business sectors, with significant investments in Omsk Glassworks and the ownership of Avangard Malz, the largest malting company in Germany.

Key Business Strategies

Minovalov's key strategies include diversification. Besides banking, he has invested in agriculture and malting. Through Avangard-Agro, Minovalov's agricultural holdings have contributed to Russia's food security. He acquired the assets of the bankrupt German malting firm Weissheimer Malz in 2006, creating Avangard Malz AG (Russian Malt OJSC).

Philanthropy

Public records of Minovalov's personal philanthropy are sparse, with no prominent donations to education or agriculture documented in major outlets. Avangard Bank allocated 47,359 thousand rubles to charitable expenses in 2004.

Data Sources & Methodology

Figures for Kirill Minovalov 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