Yuri Gusin net worth
Yuri Guhichin Net Worth: Yuri Gushchin is a Russian businessman with a net worth of $1.6 billion. Back in Soviet times, Yuri Gushchin was an underground producer of consumer goods, especially sweets. He was one of the first Russians to legalize his business in the 1980s, when the union reform movement was in full swing.
After the collapse of the Soviet Union in 1991, Gu Hitchin established the Ghouta Bank in Moscow. By 1993, it had partnered with Gosincor, the state-owned bank founded by President Yeltsin to attract foreign investment, and was led by Yeltsin’s longtime friend and right-hand man, Yuri Petrov. After the Russian financial crisis in 1998, he bought controlling stakes in some of the largest confectionary factories in Moscow at the time, so he founded Obyedinennye Konditery. As for the buildings of his former Krasny Oktyabr confectionery company, he leased them to billionaire Mikhail Prokhorov’s Snob Magazine, Mikhail Abyzov’s Digital October Education Center and Alexander Mamut’s Strelka Institute for Media, Architecture and Design. In 2008, he bought the Coral Beach Hotel in the Seychelles, formerly owned by British Airways, and next to it, he just completed construction of the new high-end Savoy Resort and Spa.
