Mikail Shishkhanov is one of the richest businessmen in the Russian Federation. His uncle contributed to the start of his career, and evil tongues are ready to "exaggerate" this topic again and again, preferring not to mention the personal achievements of Mikail himself.
The success stories of this businessman can only be envied. Today the fortune of Mikail Shishkhanov is estimated at more than $ 600 million. Who is he and where is he from? How did you manage to build such a dizzying career in the Russian financial market? And is it true that he was "pushed" by his uncle, whose name is associated with criminal cases of fraud?
Biography of Mikail Shishkhanov
Mikail was born in Grozny, in early August 1972, into a Chechen Ingush family. His name was given by his mother in honor of the most revered angel of Allah in Chechnya. The boy did not dream of being a banker or someone connected with finances. He was more attracted by the profession of a doctor - a person who helps people, saves lives.
Mikail differed from his peers in his perseverance, thirst for knowledge, he really liked the strict, business style of dress. He preferred classic suits, loved ties, but was not a nerd.
Another striking trait of character is practicality and the desire to think over every step. It was they who brought Mikail in his youth to one of the small hospitals in Grozny, where he tried himself as a medical worker. The position of a nurse made it possible to see in all colors what medicine is, and the guy realized that this was not his field of activity.
On the advice of his relatives, the young man entered the Lumumba Peoples' Friendship University, the Faculty of Law and Economics. While studying at the university, Mikail began to work - in the company of his uncle Mikhail Gutseriev.
Career start and education of Mikail Shishkhanov
Mikail began his professional career in 1992, 3 years before graduation, as the commercial director of his uncle Mikhail Gutseriev's company BIN.
Few of today's Russian financiers can boast that they started their practice while still studying the profession. Mikail was given such a chance by his close person, and this is not surprising for a representative of the Caucasian people. The guy did not disappoint his uncle, showed himself as a responsible and executive employee. In gratitude for this, the young man received the position of vice president of a large financial and industrial company just two years after he came there.
For a little more than a year, Mikail worked as vice-president of the BIN company, and in early 1996 he became the head of the board of shareholders of the concern. A high post and rather bright career prospects did not become a reason to stop self-development. Mikail defended his Ph. D. thesis in jurisprudence in the field of banking, then entered the Finance Academy of the Government of the Russian Federation, and successfully completed it.
The knowledge gained and practical professional experience allowed Mikail Shishkhanov to write and adequately defend his doctoral dissertation in economics.
The post of the head of B&N Bank and achievements - were there any?
For almost 20 years Mikail Shishkhanov served as chairman of the board of shareholders of the industrial and financial company "BIN". In 2015, he headed the Board of Directors of the already renamed Binbank business group.
After receiving this post, Mikail began to reorganize the company, tried to increase its assets and attract new customers with high paying and purchasing power. He took the following steps:
- included in the bank's asset a large construction holding,
- acquired an impressive block of shares in the M. Video trading company,
- decided to expand the oil business of the company.
In 2017 Shishkhaev Mikail became the winner of the National Banking Award in the nomination "Personal contribution to the consolidation of the Russian system" and an official billionaire, was included in the lists of Forbs magazine.
According to experts, Mikail Shishkhanov made a fatal mistake, which subsequently undermined the further development of the bank, back in 2015, when he decided to acquire and enter into Binbank MDM Bank.
The unprofitable financial institution demanded additional investments from outside and led to the reorganization of B&N Bank. The Central Bank of the Russian Federation demanded that additional reserves be charged, the amount of additional charges amounted to almost 100 billion rubles, which there was nowhere to take.
In December 2017, Forbs magazine called the loss of B&N Bank assets the collapse of the year. This situation did not affect the personal condition of Mikail Shishkhanov, he remained a billionaire, but left the post of head of the bank.
Personal life and hobbies of Mikail Shishkhanov
Mikail's personal life is more stable than his professional one. He has been married for over 20 years. His wife was a real beauty from Odessa named Svetlana, who bore him 4 children.
The eldest daughter of Mikail and Svetlana is studying in England, is going to become a marketer, is fond of diving. Dad happily accompanies her to balls, where the girl loves to be, but she is not interested in nightclubs, as other representatives of the "golden youth". The plans for choosing a profession for the other children of the Shishkhanov couple are not yet known.
Mikail Shishkhanov's wife Svetlana is passionate about fashion, often attends European fashion shows, owns a network of showrooms for children's clothing. Sveta loves to cook, pampers her family with real Odessa dishes. This hobby prompted her to open restaurants in Moscow serving national Ukrainian dishes.
Mikail himself has several hobbies - he loves the intellectual game “What? Where? When?”, Plays chess professionally, is engaged in boxing, reads a lot, and even writes books on jurisprudence, economics and banking himself.