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Meet Vladimir Potanin, one of the richest men in Russia, who made his $22 billion fortune in the nickel industry, has owned at least 3 yachts, and plays ice hockey with Vladimir Putin
Meet Vladimir Potanin, one of the richest men in Russia, who made his $22 billion fortune in the nickel industry, has owned at least 3 yachts, and plays ice hockey with Vladimir Putin
Potanin has been married twice and says his five children won't receive the majority of his fortune when he dies - instead, he'll donate it to charity.
The Russian billionaire has close ties to President Vladimir Putin - in fact, the pair are ice hockey buddies - and Potanin was named on the infamous "Putin list" of prominent Russian political figures and oligarchs.
Potanin has made more than $4 billion in dividends from the company as of January 2018, according to Bloomberg.
In addition to his wealth in the metals industry, Potanin also controls Russian pharmaceutical company NPO Petrovax Pharm and has a sizable real-estate portfolio.
Born in Moscow in 1961, Potanin was the son of a diplomat and a doctor. He studied international relations and then went on to spend eight years working at the Soviet Ministry of Foreign Trade.
When he was 30, Potanin met Mikhail Prokhorov, who would become his future business partner. The pair founded the International Company for Finance & Investments and then Onexim Bank, which became Russia's largest private bank at the time.
In 1996, not long after Boris Yeltsin was re-elected president of Russia, Potanin was appointed first deputy prime minister in charge of energy and economy.
While working at the Ministry of Foreign Trade, Potanin masterminded Russia's "loans-for-shares" programs, where wealthy entrepreneurs and banks loaned money to the Russian government in the 1990s in exchange for equity in the country's natural resource companies.
The government often could not repay these loans, leaving many of the natural resource companies in the hands of wealthy individuals.
Yeltsin is not the only Russian president Potanin has rubbed shoulders with. The billionaire has also had close ties to the Kremlin under Vladimir Putin and Dmitry Medvedev.
Potanin is on the infamous "Putin list," the nickname for a document released by the US Treasury Department listing names of 210 prominent Russians who have close ties to Russian president Vladimir Putin.
The list, released in early 2018, named individuals and companies that the administration was deciding whether or not to sanction with legislation meant to punish Russia for interfering in the 2016 US presidential election, as well as its annexation of Crimea, military operations in eastern Ukraine, and human rights violations, CNN reported.
Potanin also met on several occasions with former president Dmitry Medvedev, who is now the Prime Minister of Russia.
Potanin was one of several Russian billionaires who chipped in to fund the 2014 Olympics in Sochi. According to Forbes, he invested $2.5 billion for a ski resort and other facilities.
He built a ski resort in Sochi with nearly 50 miles of trails, a freestyle ski center, a snowboard park, one of the two Olympic Villages, and the Russian Olympic University, Forbes reported.
Like other Russian oligarchs, Potanin is a collector of luxury yachts. The Russian billionaire bought the 70-foot yacht Anastasia in 2008, and sold it for about $84 million in 2018.
According to Forbes, Anastasia and Nirvana were among a series of three yachts that Potanin had built at Oceanco in the Netherlands.
The 289-foot Nirvana yacht includes a 10-foot-deep plunge pool and a helipad.
The boat has six decks which are connected by a main stairwell as well as a glass elevator.
Potanin put the Nirvana up for sale around the same time he first put Anastasia on the market in 2012, but it's unclear whether the billionaire has sold Nirvana.
Another of the billionaire's hobbies is ice hockey. Potanin plays at least twice per week, owns his own private rink, and sometimes plays with Putin, he said in a 2018 Financial Times interview.
Potanin was married to Natalia Potanina for 30 years until they divorced in 2014 amid a public dispute over the distribution of the billionaire's wealth.
Potanin has three children from his first marriage. His oldest daughter, Anastasia, was once a Russian aquabike champion and now owns an art gallery in Moscow.
Potanin said in 2010 that he would donate most of his fortune to charity instead of giving it to his five children. Part of his motive was to "help my children avoid the pressure of billions," he said.
Potanin has become known for his philanthropic endeavors. In 1999, he created the Vladimir Potanin Foundation, "a non-profit charity with a mandate for implementing socially significant long-term educational and cultural projects in Russia," according to his biography on Norilsk Nickel's website.
In 2013, Potanin joined The Giving Pledge, a global charity organization started in 2010 by Bill and Melinda Gates and Warren Buffett.
"I genuinely believe that wealth should work for public good and, therefore, I am trying to make my own contribution toward a better world, especially toward a better future for my own country, Russia," Potanin wrote on The Giving Pledge's website.
Potanin's fortune has grown by about $4 billion in the past year, according to Bloomberg. In April 2018, he lost $2.25 billion in a single day after President Donald Trump announced new sanctions on Russia.