Eduard Shifrin
Encyclopedia
Eduard Shifrin is an entrepreneur, born in Dnipropetrovsk
in the Soviet Union
and now resident in London
. He is of Jewish ancestry.
He graduated with a PhD in metallurgy from the Moscow Institute of Steel and Alloys
and rose to prominence as a business oligarch
in newly-independent Ukraine
, taking control of privatised steelmaker Zaporizhstal
.
He is the co-founder with Alexander Shnaider
of Midland Group
, a holding company headquartered in Guernsey
that embraces interests in steel (Zaporizhstal), shipping, real estate, agriculture and owned motorsport (Midland F1 Racing
).
In Forbes magazine's
ranking of "The World's Billionaires" in 2009 he was placed 559th with an estimated fortune of $1.3billion.
In the 2006 edition of the Sunday Times Rich List
he was listed at number 59 with an estimated wealth of £920 million.
Dnipropetrovsk
Dnipropetrovsk or Dnepropetrovsk formerly Yekaterinoslav is Ukraine's third largest city with one million inhabitants. It is located southeast of Ukraine's capital Kiev on the Dnieper River, in the south-central region of the country...
in the Soviet Union
Soviet Union
The Soviet Union , officially the Union of Soviet Socialist Republics , was a constitutionally socialist state that existed in Eurasia between 1922 and 1991....
and now resident in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
. He is of Jewish ancestry.
He graduated with a PhD in metallurgy from the Moscow Institute of Steel and Alloys
Moscow Institute of Steel and Alloys
National University of Science and Technology "MISIS" is Russia's primary technological university in the field of steelmaking and metallurgy. It was established in 1918 as a part of the Moscow Mining Academy. In 1930, it became independent...
and rose to prominence as a business oligarch
Business oligarch
Business oligarch is a near-synonym of the term "business magnate", borrowed by the English speaking and western media from post-Soviet parlance to describe the huge, fast-acquired wealth of some businessmen of the former Soviet republics during the privatization in Russia and other post-Soviet...
in newly-independent Ukraine
Ukraine
Ukraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...
, taking control of privatised steelmaker Zaporizhstal
Zaporizhstal
Zaporizhstal, is Ukraine's fourth largest steel maker with an annual capacity of 4.5 mil. tonnes of steel, 3.3 mil. tonnes of pig iron, 4.1 mil. of finished steel products, and ranks 54th in the world. The leader of the national industry is Kryvorizhstal...
.
He is the co-founder with Alexander Shnaider
Alex Shnaider
Alex Shnaider is a Russian-born Canadian entrepreneur and former commodities trader. He is co-founder with Eduard Shifrin of the Midland Group. He was educated at York University in Toronto....
of Midland Group
Midland Group
The Midland Group is an international trading and investment holding company, Registered in Guernsey under the name Midland Resources Holding Ltd, the group owns a number of subsidiaries across the agriculture, manufacturing, real estate, shipping and steel industries.Primarily active in the...
, a holding company headquartered in Guernsey
Guernsey
Guernsey, officially the Bailiwick of Guernsey is a British Crown dependency in the English Channel off the coast of Normandy.The Bailiwick, as a governing entity, embraces not only all 10 parishes on the Island of Guernsey, but also the islands of Herm, Jethou, Burhou, and Lihou and their islet...
that embraces interests in steel (Zaporizhstal), shipping, real estate, agriculture and owned motorsport (Midland F1 Racing
Midland F1 Racing
Midland F1 Racing was a Formula One constructor and racing team. It competed in the 2006 Formula One season with drivers Christijan Albers and Tiago Monteiro. The team was created by the renaming of Jordan Grand Prix after its purchase by Canadian businessman, and owner of the Midland Group, Alex...
).
In Forbes magazine's
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
ranking of "The World's Billionaires" in 2009 he was placed 559th with an estimated fortune of $1.3billion.
In the 2006 edition of the Sunday Times Rich List
Sunday Times Rich List
The Sunday Times Rich List is a list of the 1,000 wealthiest people or families in the United Kingdom, updated annually in April and published as a magazine supplement by British national Sunday newspaper The Sunday Times since 1989...
he was listed at number 59 with an estimated wealth of £920 million.