Billionaire Profile
Kirill Minovalov
Global Rank
#2416

Image: Unsplash Contributor | Unsplash License | via Unsplash

Kirill Minovalov

CEO, Agriculture
RUSSIA
Real-Time Net Worth
$1.579B
Estimated based on Agriculture stock value as of March 6, 2026
0% (24h)
Age
54
Source
Agriculture, finance
Industry
Food & Beverage
Citizenship
RUSSIA

Biography

Kirill Minovalov is a prominent figure in the Russian business landscape, known for his diverse ventures in agriculture and finance. Born in Moscow in 1971, Minovalov has built a substantial net worth, currently estimated at $1.2 billion. His career began with founding a consulting firm, Alcor, and later, he established Avangard Bank in 1994, where he serves as Chairman. Minovalov's wealth stems from his strategic investments and entrepreneurial spirit, including significant holdings in agriculture through Avangard-Agro and Avangard Malz, a leading malting company in Germany.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Kirill Vadimovich Minovalov was born on April 22, 1971, in Moscow, Russia. He graduated from the Moscow Institute of Railway Transport Engineers (MIIT) in 1993, specializing in Systems Engineering. His early career began with the founding of a consulting firm called Alcor.

Rise to Success

Minovalov's career took a pivotal turn in 1994 when he founded Avangard Bank. He has served as its President and Chairman since its inception. Under his leadership, Avangard Bank expanded significantly, operating 300 offices across 50 Russian regions and employing around 3,500 staff. Minovalov's business interests expanded to include investments in various sectors, including Omsk Glassworks and Avangard Malz, the largest malting company in Germany. He also owns JSC “Avangard-Agro”, one of Russia’s largest agricultural producers.

Key Business Strategies

A key element of Minovalov's success has been his ability to oversee all processes. Minovalov implemented a system to monitor every aspect of his agricultural business, from harvesters to agronomists, enabling him to control and personally monitor the company's operations. This approach has helped Avangard-Agro achieve a net profit of 1.5 billion rubles in 2012.

Philanthropy

Information on his specific philanthropy amounts is not available.

Career Milestones

1991

Founded Alcor

Founded consulting company Alcor.

1994

Founded Avangard Bank

Founded and became Chairman and President of Avangard Bank.

2006

Acquired Avangard Malz

Bought the assets of Weissheimer Malz and created Avangard Malz.

Controversies & Challenges

2011

Domodedovo Airport Incident

Vehicles allegedly linked to Minovalov were involved in a fatal accident. Reports indicated he was a passenger in the cortege, though details remain unclear.