Billionaire Profile
Ivan Savvidis & family
Global Rank
#2411

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Ivan Savvidis & family

CEO, Agribusiness
RUSSIA
Real-Time Net Worth
$1.711B
Estimated based on Agribusiness stock value as of April 20, 2026
+0.15% (24h)
Age
66
Source
Agribusiness
Industry
Energy
Citizenship
RUSSIA

Biography

Ivan Savvidis, a prominent Russian-Greek businessman, has built a diversified business empire rooted in agribusiness. Born in 1959, Savvidis is the founder of Agrocom Group, a holding company with assets spanning tobacco, meat processing, and real estate. His career includes leadership roles at Don State Tobacco Factory, where he became General Director, and a significant foray into sports as the owner of PAOK FC. Savvidis's net worth is estimated at $1.7 billion, reflecting his strategic investments and business acumen. He has also been involved in politics, serving in the Russian parliament. Savvidis's influence extends beyond business, with philanthropic endeavors focused on cultural preservation and community support.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Ivan Ignatyevich Savvidis was born on March 27, 1959, in Santa, Tsalka District, Georgian SSR, to Pontic Greek parents. He grew up in a family of workers and was raised with a strong connection to his Greek heritage, speaking Pontic Greek until the age of seven.

Rise to Success

Savvidis's career began in the 1980s at the Don State Tobacco Factory, where he held various positions before becoming General Director of CJSC Donskoy Tabak in 1993. Under his leadership, Donskoy Tabak became the largest tobacco company in Russia. In 2018, he sold Donskoy Tabak to Japan Tobacco for $1.6 billion. Savvidis also entered the political arena, serving as a member of the Legislative Assembly of Rostov Oblast and later as a Deputy in the State Duma of Russia.

Key Business Strategies

Savvidis's business strategy has involved diversification and strategic investments. He founded the Agrocom Group, a holding company that has interests in agribusiness, including meat processing and greenhouse complexes, as well as real estate and media assets. A notable venture is his ownership of the Greek football club PAOK FC, which he acquired in 2012, investing significantly in the club and its infrastructure.

Philanthropy

Savvidis is known for his philanthropic activities, particularly within the Greek and Russian communities. He has served as President of the Federation of Greek Communities of Russia. His charitable foundation supports cultural initiatives, the restoration of Orthodox shrines, and programs promoting youth development and healthy lifestyles. He also has been involved in supporting refugees.

Career Milestones

1993

General Director of CJSC Donskoy Tabak

Led Donskoy Tabak to become the largest tobacco company in Russia.

2002

President of FC Rostov

Served as President of FC Rostov.

2003

Member of the State Duma

Elected as a Deputy in the State Duma.

2012

Owner of PAOK FC

Acquired ownership of the Greek football team PAOK.

2018

Sold Donskoy Tabak

Sold Donskoy Tabak to Japan Tobacco for $1.6 billion.

Philanthropy & Social Impact

Community Support

Support for Greek Communities

Undisclosed

President of the Federation of Greek Communities of Russia, supporting cultural and community initiatives

Sports

PAOK FC Support

Undisclosed

Investing in PAOK FC, clearing debts and supporting the team

Controversies & Challenges

2018

Pitch Invasion with a Gun

Stormed the pitch during a PAOK match with a holstered handgun, leading to a suspension of the Greek Super League and disciplinary actions.

2022

Support for Russia's actions in Ukraine

Ukrainian authorities decided to seize his assets due to his continued support for Russia's war effort in Ukraine.