Businessman Gavriil Yushvaev: biography, family, fortune

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

The man who has been in the top 100 according to Forbes for many years does not like to be in the spotlight of the press, he practically does not give interviews. At the same time, he speaks openly about his family, career and business. In this article, we will tell you all the known information about businessman Gavriil Yushvaev, a native of Dagestan, one of the richest people in Russia, who is also called a "global investor and philanthropist."

Yushvaev's happy life

He calls himself a happy family man: his beautiful wife is a former fashion model; the head of the family is Gavriil Yushvaev; children who inherit his business. This is his safe haven. He himself grew up in a large and poor Jewish family. Didn't get a full education. But with great perseverance, diligence and the talent to see possible ways to change his life, he managed to become the owner of a fortune of 1.2 billion US dollars. It must be said that his financial condition has been kept at the same level for more than one year. The businessman managed to survive more than one crisis.

Fateful meeting

The fateful acquaintance with the Georgian Jew David Yakobashvili played a big role in his life. Today, these people are connected by many years of friendship and business affairs. A new friend introduced Gavriil Yushvaev to the intricacies of entrepreneurial activity, which at the time of their acquaintance had already been engaged in for more than one year. The first steps were so successful that it was just a career takeoff. Yushvaev managed to prove in the circle of business people that efficiency in work is important. The victory turned out to be the main one for Gavriil Yushvaev, and the biography with the "spot" is an insignificant price for this.

Today's track record:

• membership of the board of directors of one of the leading Wimm-Bill-Dann companies;
• seat of the President of the World Congress of Mountain Jews;
• management of RusAgroProject CJSC;
• under his command Agrocomplex Gorki-2 CJSC;
• Cattle Farm Naroosanovsky OJSC and Eisk Port Elevator OJSC have been added to the list in recent years;
• got him interested in high-tech and mining;
• invested in real estate.

What does he value in people?

Despite his achievements, Gavriil Yushvaev is distinguished by his simplicity in communication, appreciates male friendship, pride for him remains a human vice. It is not a burden for him to cook barbecue and treat them to working builders on the site. Passionate about national dances. His athletic figure is a direct proof of his friendship with sports.

Gavril Yushvaev (Mountain Jew by nationality), 61year, born in a large family, July 23, 1957. The future billionaire left home at the age of eighteen. In search of happiness, he left for Moscow.

Getting to know the capital

In the capital, Gavril Yushvaev's paths crossed paths with people, as they say, of "notoriety". In 1980 he was arrested for robbery and sentenced to 9 years. So the name Garik Makhachkala appeared. He never used this name in freedom. He never hid information about this page of his life. Although this piece of his biography pops up on the Internet, photographs of those years are printed. Gone are the years when it was possible to graduate from the institute. There was another school of life. Since 1989, having been released, he began another page of life.

Meeting given by fate

Gavriil Yushvaev sat down during the reign of Brezhnev, and received his freedom during the heyday of perestroika. Here the assertiveness of a Caucasian came in handy. But the biggest success in his life was meeting his future partner, who did not look at his past and believed him - David Yakobashvili. Today, both business partners are on the lists of Russian oligarchs and their rating position is slightly different. The first brainchild of entrepreneurs during perestroika was the Trinity car dealership. They were in the business of selling lightly used but well maintained cars from America. There were times when they themselves got behind the wheel and drove cars. Later, interests crossed in the gambling business: they acquired the Metelitsa casino (located on the Arbat).

These two people completeeach other. Those who have come across them in their work say that Gavriil Abramovich Yushvaev is a “man-bear” who is able to solve business problems, and Yakobashvili is “the brain of this business”. Yushvaev does not want to go out in public, at the same time Yakobashvili is his complete opposite. Over time, Gavriil Yushvaev, the Yakobashvili family also became related through a family line.

The prosperity of the car dealership was far from calm, and we also had to protect our offspring ourselves. A security organization was created.

Photos of Garik Makhachkala's past life still pop up on the Internet today. They do not leave him alone because of the showdown in Moscow between Chechens and Dagestanis. Gavriil Yushvaev, a native of Dagestan, decided to defend a businessman who was familiar to him at work. Chechen collectors stumbled upon intercession for a businessman. They were rebuffed by Yushvaev's guards, who were professionals and leading athletes in mixed martial arts. The Chechens did not expect such behavior, since in recent years they have obeyed them resignedly. The resistance of the two forces lasted more than one year. But the court put an end to it, sentencing the Chechens to imprisonment and calling them guilty of the conflict. The law-abidingness of Gavriil Yushvaev has been proven.

Large investment of money

The first major purchase was made by partners in 1993. The Lianozovsky Dairy Plant, which had almost fallen into disrepair, turned out to be their property. At the beginning of its activity, the plant produced fruit and berry juices, which made it possible to increase production. Lateryears, the partners returned to the production of dairy products. Today, the plant's dairy products account for 12% of all sales in this segment in Russia.

For ten years of work in this direction, the Wimm-Bill-Dann holding was created, which united twenty-four enterprises in Russia.

In 2011, the partners decided to sell WBD due to the decline in the holding's position. The buyer was the American PepsiCo. The deal was completed in the amount of $5.4 billion, of which $1.1 billion was the share of businessman Yushvaev.

Today's Projects

WBD partners continue to invest money today in the development of small and medium businesses. They are interested in projects with a turnover of no more than a hundred million dollars.

Here are the projects that Gavriil Abramovich Yushvaev invested in, although initially they did not seem promising at all:

• Gold Investments – Purchased 19.28% of Polyus Gold shares in February 2013. Later they were sold by Yushvaev to Said Kerimov. The deal was not exactly profitable.
• To the Oko complex, becoming a co-owner of business centers on the south side of the capital. Their cost is estimated at three billion rubles. The Eye Tower is eighty-five stories high and 354 meters long.
• Investments in the Gorki-2 Agrocomplex made it a landlord in this direction.
• Money was invested in 2012 in service - ordering food from Delivery Hero restaurants. Yushvaev is called an investor by friends. He gave money and forgot. For him, the restaurant business is just for the soul.
• In 2015, funds received fromsales of WBD and Polyus Gold were given to drug development by Humacyte Inc. Such a step brought the businessman's activities to the international level. The drug should help patients with kidney failure.
• Investments of recent years - the Lyft taxi service in America, 100 million dollars invested in the business.

From 2015 to 2017, Gavriil Yushvaev invested about 500 million US dollars in high-tech companies.

The main brainchild of a businessman

The Wimm-Bill-Dann business once lay at the center of his care and attention. The company is engaged in the production of products of various directions: from nutrition for babies to dairy products, soft drinks for adults. A network of retail outlets has been developed that sells goods manufactured by the company. It covers more than twenty cities of the country and CIS countries. The quality of the products is in the first place. Wimm-Bill-Dann is known abroad today.

Today, businessman Yushvaev does not fully disclose all his investment projects. Prefers to wait for results. But all monetary investments are made on their own behalf, for which a businessman pays taxes in Russia. They exceeded $250 million.

In 2017, according to the rating of the Russian Forbes, Yushvaev ranked 82nd among Russian rich people.