How rich is Yuri Milner?
Yuri Milner Net Worth:
|Birth date:||November 11, 1961|
|Birth place:||Moscow, Russia|
|Profession:||Entrepreneur, Investor, Venture capitalist|
|Education:||University of Pennsylvania, Wharton School of the University of Pennsylvania, Moscow State University|
|Parents:||Betty Iosifovna Milner, Bentsion Zakharovitch Milner|
Yuri Milner net worth, wiki & biography:
His net worth is raised by 10 million as compared to his last years income. Yuri Milner was born into a Jewish family in Moscow. Yuri Milner graduated from Moscow state university in 1985. Yuri became the first non emigrant in the Soviet union to visit the US and achieved a degree in MBA from Wharton School of company. The business was owned by Mikhail Khodorkovsky. The very next year Milner began working at the place of Vice president and Head of investments for Menatep Bank. After Milner became the director General of an investment firm called Trinity Investments. it was then when he determined to start an internet company.
Yuri Milner Net Worth $1 Billion
To start the business Milner sought funds from his buddy Greogory Finger who at that time was working in the US investment fund holding. Milner collected the investment of $4.5 million with his buddy’s help and his buddy personally invested another $750,000 from his private wealth. Shortly by 1999 Milner, his buddy Finger and investment firm NCH created a business called NetBridge in 1999. By 2000 Milner became the president of the organization. Milner was also the CEO of Neftyanoi the business that will be possessed by Igor Linshits.
Shortly in 2005, Milner founded an investment organisation called Digital Sky Technologies. Milner became the chairman of investment firm in 2006. In 2012, Yuri kept his place of CEO of Mail.ru and Dmitry Grishin was named as new chairman of Mail.ru. In 2009 Milner partnered with Mark Zuckerberg and aquired 1.96% position in Facebook for $200 million. Milner changed his institution’s name from Digital Sky Technologies to “Mail.ru Group” in 2010 and his group contains Odnoklassniki.ru, ICQ, little position in Russian Equivalent of Facebook called VKontakte, and e-Port. Milner became the CEO of DST Golbal and continued as the board of directors of Mail.ru Group. His commercial interest for DST international stayed in Zynga, Facebook, and Groupon. In 2011 Milner invested $150,000 in eachof the star up application by Y Combinator. The exact same year his firm also invested $800 million in twitter and another $50 million in ZocDoc.
His net worth has grown by over $10 million in annually. His net bring in his extremely high wealth by making countless dollars worth of investments in large businesses. The net investor possesses a mansion in Los Altos Hills, California, United States worth $100 million. His mansion features 8 bedrooms and 9 bathrooms. Now the mansion is worth over $150 million. and present yearly tax bill for the mansion is $304,000. His penthouse is covered in marble flooring with enormous windows looking out on the glittering city. The house is painted with mixture of green, orange and purple. Among his rooms in the flat features nine giant screen TV which airs company channels like CNBC and CNN. The house is in spread of 5000 square feet and features 4 bedrooms and 5 bathrooms. This flat is worth over $50 million. Besides spending his extremely high wealth on extravagances, Milner is closely related to organisations and research teams working for betterment of Science.
A few of the awards and acknowledgement of Yuri Milner are as follows: World’s Billionaires list by Forbes Magazine in March 2011. The Smartest People in Technology by Bundle in July 2010.
The Midas List 2013 by Forbes in May 2013. Power Map’s 500 most powerful individuals in the world by Foreign Policy in May 2013. Most Powerful 50 by Bloomberg Markets in September 2012. Top 50 Digital Power Players by Hollywood Reporter in January 2012. Man of the Year’ by GQ’s Russian Version in October 2011. Attributes in Vanity Fair’s New Institution List 2011 by Vanity Fair. Kommersant of the Year Award in June 2011. The 100 Most Creative People by Fast Company in May 2011.