Saturday, January 23, 2021

No. 10 - Andrey Melnichenko

This billionaire co-founded one of Russia’s largest private banks, MDM Bank, in 1993, and has interests in companies producing mineral fertilisers and extracting coal. His £300 million yacht, “A,” named after his Serbian model wife Aleksandra, is 400ft long and designed by Philippe Starck. With 42 staff to look after the whims of just 14 guests, it is no wonder that Melnichenko decided to sail on it to Norway to collect three paintings by Claude Monet that he’d purchased. By collecting them there he also cleverly avoided the EU’s import taxes.


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