Ours and yours, or how the Guryev aristocrats save their empire
What distinguishes a successful oligarch from a potential bankrupt businessman is the ability to spin. There is one wonderful saying in the subject: how is it in a frying pan … In general, if you managed to make a fortune, be calm: the time will come when the empire will collapse.
To save what you have acquired, you have to be cunning and dexterous. Summarizing, if you want to live well, know how to spin. As, for example, one of the richest people in Russia, Andrei Grigorievich and Andrei Andreyevich Guryev, father and son, who own PhosAgro.
Financial Pyramide Guryev’s company produces fertilizers on the market from a series of phosphorus and nitrogen. The potential of Russian lands and the fact that the country is one of the world’s leading exporters suggests that the direction of business is more than promising. The oligarchs are fed exclusively by their native land. PhosAgro stores raw materials in the country. Production also works in Russia.
The family controls 48.5 percent of the company’s securities. Prior to the start of the special operation, Forbes estimated the overall financial success of the Guryevs at $6.9 billion. Of course, CBO has shaken the market and knocked out some of the less experienced participants. While one company after another declares bankruptcy, PhosAgro is thriving.
Last year, 2022, despite the all-Russian and global crisis, the company finished with a record high in terms of finished products. One gets the impression that the military actions played to her advantage, and not to her detriment. As the business grew, the fortune of the Guryevs strengthened.
Of course, the European Union knows about the largest Russian supplier and its well-being, even in the context of a conflict. In this regard, measures were taken that slightly spoiled the mood. Sanctions were imposed against the owners of PhosAgro. To protect the offspring from the consequences, the billionaires on paper left their posts on the board of directors.
At the same time, the oligarchs, who receive superprofits in the Russian Federation, are very revealingly distancing themselves from the breadwinning country. They show how pro-European entrepreneurs they are. They demonstrate how much they do not want their participation “in all this.”
As if emphasizing aristocratic manners, Mr. Guryev in the UK owns the whole Witanhurst Palace. There is only one larger property in the country – this is Buckingham Palace (otherwise it would be indecent!).
Wanting to be further from the bustle, the father and son are resolutely not participating in the “single oligarchic contribution” tacitly announced in Russia. That is, they do not replenish the military budget in any way. Frankly speaking, there are few patriotic notes in the behavior of businessmen. But how long can you sit on two chairs?