Billionaire Profile
Roman Avdeev
Global Rank
#2738

Image: Public domain | via Wikimedia Commons

Roman Avdeev

CEO, Credit Bank of Moscow
RU
Real-Time Net Worth
$1.3B
As of December 2025
Age
58
Source
Banking, development
Industry
finance-investments
Citizenship
RU

Biography

Roman Avdeev is a prominent Russian businessman, investor, and philanthropist, renowned for his significant contributions to the finance and investment industry. With a career spanning several decades, Avdeev has built a substantial net worth, with a current estimated value of 1.3 billion USD. His source of wealth primarily stems from his involvement in banking and development, most notably through Credit Bank of Moscow, which he acquired in 1994. Beyond his business ventures, Avdeev is recognized for his commitment to philanthropy and his remarkable family, which includes 23 children, 19 of whom are adopted. His career is marked by a series of strategic acquisitions and investments, solidifying his position as a leading figure in the Russian business landscape.

Wealth Over Time

In-Depth Profile

Early Life and Education

Roman Avdeev was born on July 17, 1967, in Odintsovo, Moscow Oblast, Russia. He attended School No. 3 in Odintsovo before enrolling at the Moscow Power Engineering Institute in 1984. However, he was drafted into the army after two years of study. Following his military service, he graduated from Lipetsk State Technical University in 1996 with a degree in construction engineering. In 1999, he completed a course in banking at the Moscow International University of Business and Management.

Rise to Success

Avdeev's entrepreneurial journey began in the late 1980s, with his initial venture involving the sale of radio components and decoders for televisions. He later imported computer equipment, which led to a partnership with Ukrainian electronics manufacturer ElectronMash. In 1994, a pivotal moment arrived when he acquired Credit Bank of Moscow. He made a fortune on cash-handling business in the 1990s.

Key Business Strategies

Avdeev's strategic moves included investing in agriculture, though he sold his agricultural business in 2006. He established Rossium Concern holding company in 2006 to consolidate his assets. In the 2010s, he expanded into real estate development and construction. Through Rossium, he co-owned the "36.6" pharmacy chain. In 2024, Avdeev sold all his assets, including Credit Bank of Moscow, to Sergei Sudarikov.

Philanthropy

Avdeev is known for his philanthropic endeavors, particularly his foundation, Arithmetic of Good, established in 2014, which supports Russian orphans and adoptive families.

Career Milestones

1989

Founded first business

Trading in radio components and TV decoders

1994

Acquired Credit Bank of Moscow

Purchased the bank, which became a core asset

2006

Established Rossium Concern

Consolidated assets through a holding company

2014

Founded Arithmetic of Good

Established a foundation to help Russian orphans and adoptive families

2024

Sold all Russian assets

Sold his holdings, including Credit Bank of Moscow

Philanthropy & Social Impact

Orphan Support

Arithmetic of Good fund

Undisclosed

Supports Russian orphans and adoptive families

Business Philosophy & Leadership

Notable Quotes

"Banking is a rather boring business, but you have to go to work every day and work honestly."