#SecretsSelfmadeBillionaires 1315 #AndreyMelnichenko #YachtKing #CoalKing #Billionaire #Belarus

No billionaire has spent as much on yachts as Melnichenko, so he is rightfully called the Yacht King of the World. He owns 2 yachts. Andrey Melnichenko was born in Gomel, Belarus in 1972. His parents were teachers. He earned a degree in finance from Plekhanoc University of Russian Economics in 1996. While at the university, he and his friends started trading currency and he made his first capital of $50,000. In 1993, he co-founded MDM Bank, which became one of the largest private bank in Russia in next 10 years. In 2000, his friend and business partner Sergei Popov took over MDM Bank and helped him divested into commoditeis; first into fertilizer, later into coal. His fertilizer company is Eurochem, one of the largest nitrogen and fertilizer company in the world, headquarters in Zug, Switzerland. His coal company is Siberian Coal Energy Company or SUEK and now exports high quality coal to 38 countries all over the world. He benefited during the Pandemic from China Coal Bonanza after trade disput