Russia'S Top Tycoon: This Is A Poor Rural Kid.

The so-called financial oligarchy refers to a large monopoly capitalist or monopoly capitalist group that holds huge financial capital and actually controls the lifeline and national power of the national economy.

In the period of Russian social pformation, the financial oligarchs are unique social phenomena. In the Yeltsin era, those who were familiar with the old system and brains were able to seize the opportunities in the pitional period, and to take the fortune that was originally owned by the whole people as their own, and to combine wealth with power to become the real ruler of Russia.

The rise of Putin has ended the golden age of oligarchs. Khodorkovsky was arrested and sent to prison. Berezovsky was in exile. Abramovich avoided London.

However, the oligarchs did not completely disappear from Russia, and the oligarchs of the old generation retreated and replaced the new generation of oligarchs.

What is Russia's "oligarch" tycoon?

The answer is Oleg Jeripasca, Russian grandson and Yeltsin's grandson's son-in-law.

Jerry Pascal has already declared his goal: to exceed Alcoa Corp and become the largest aluminum producer in the world.

Oleg Jeripasca, a Russian magnate, said that although he was only 38 years old this year, he had at least 14 billion dollars in assets and became Russia's second largest millionaire. His assets are expected to double in 5 years, so that he can catch up with the oil giant Abramovich and become the richest of the next generation of Russia.

Oleg Jeripasca is a household name in Russia. But in the international community, he is not as famous as Russia's oligarchs.

The oligopoly of the last World entrepreneurship Laboratory (elab.icxo.com) took advantage of the privatization of Russia and gained a lot of wealth.

After becoming rich, the oligarchs also pferred large amounts of capital abroad, so as to prevent the government from pursuing it once it is exposed.

The new generation of oligarchs represented by Jerry Pascal is different from their predecessors. The new oligarchs have relatively clean history, and they are beginning to look abroad.

These new oligarchs invest a lot in the international market, not to pfer assets, but to earn more money.

Now, many people who do business with us say: "we are very much like a western company.

It's not surprising that we were originally a global company. "

Jerry Pascal said this in an interview.

In the first 6 months of this year, Jerry Pascal's Russian Aluminum Inc acquired several factories and mines overseas, from Guyana in South America to Nigeria in Africa, and Jerry Pascal's financial capital all over the world.

Jerry Pascal's global strategy has been successful. In 2005, Russian Aluminum Inc's profit grew by 56%, and its total assets reached $1 billion 650 million. Jerry Pascal has already declared his goal: to exceed Alcoa Corp and become the world's largest aluminum producer.

As the sole owner of Russia's Aluminum Inc president and Russian Aluminum Holding Company's "basic element" company and vice president of the Russian Federation of industry and commerce, Jerry Pascal's personal assets in January 2, 1968 were a mystery because his fully controlled businesses rarely disclose profits.

In 5 years, Forbes became the new richest man in the world. Jerry Pascal magazine published the list of the world's richest 100 in the world. Only sixth of Russia's richest men are worth 9 billion dollars.

But some experts believe that his real value is much higher.

Recently, in order to invest in new aluminum projects, the "basic element" holding company published some information about the assets structure of the company on the official website.

According to the publicly available data, Russian media concluded that in 2005, the company's sales revenue exceeded 13 billion dollars, and its assets value exceeded 14 billion dollars.

So Jerry Pascal is worth at least 14 billion dollars, thus becoming Russia's second richest man.

And according to the growth rate of Jerry Pascal's wealth, he will exceed Abramovich in 5 years and become Russia's new richest man.

After the Russian oligarchs became rich, they generally liked to live in London. Berezovsky, Abramovich and others all settled in London.

Jerry Pascal lived mainly in the country, but he also bought property in London.

His mansion in central London is a 6 storey building with a garden, with 9 bedrooms and 6 living rooms.

Jerry Pascal spent 25 million pounds on the building.

At one time, Jerry Pascal often took a private plane to London to study English in the weekend, and went to live in this mansion.

In May 2005, Jerry Pascal also bought Stalin villa in the Republic of Abkhazia, Georgia at a price of 10 million US dollars.

The villa was ordered by Stalin in the 30s of last century. It was a famous local tourist spot.

After Jerry Pascal became rich, he also had the same style of other upstarts.

Although Jerry Pascal is only 38 years old, he dreams of "a thousand years of life".

He has invested heavily in the Institute of Biochemistry and physics, Moscow State University, to develop elixir.

Skura Geoff, director of the Institute, claimed that he was moving towards the goal of "1000 year old man". He said: "aging is a disease, and it can be cured as well as myocardial infarction and cancer."

But Skura Geoff also said, "I didn't assure Jerry Pascal that he could live forever, but his name would be included in the annals, because he invested huge sums of money in this unique research work."

Many Russians are sniffing at Jerry Pascal's longevity dream.

A Moscow resident believes that Russia does not need forever young oligarchs.

But some people think, "Jerry Pascal is good.

This may help scientists discover the magic of prolonging life.

Oleg Jeripasca, from the rural poor to the "king of the aluminum industry", although he was over 30 years old, that is Jerry Pascal, who was the poorest among all the Russian oligarchs.

Jerry Pascal was born in a small village in the southern part of Russia. He died from his parents. His grandparents raised him.

When he was 26 years old, he became director of the factory. Jerry Pascal was admitted to the Department of theoretical physics, Moscow State University, although he was born in a common way. This is almost the best university and best professional in Russia.

In 1986, when Jerry Pascal finished his freshman year, he was catching up with the new policy of enlisting full-time college students. He was "assigned" to a missile force in the post Baikal military region.

Jerry Pascal's early family history is a mystery. People only know that his career began in 1994.

At the age of 26, he became director of the Siberia aluminum plant.

He then set up the Siberia Aluminum Inc with two partners.

In 1998, Jerry Pascal gained absolute control of the company.

In 2000, the Siberia Aluminum Inc merged with two aluminum plants controlled by Roman Abramovic, the Russian richest man, and established a Russian Aluminum Inc, with two shares in half.

Shortly thereafter, Jerry Pascal set up a sole proprietorship "basic element" investment company and became a holding company of Aluminum Inc in Russia.

The business of "basic elements" began to develop beyond the aluminum industry, focusing on machinery manufacturing, energy and finance, especially in the automotive industry.

By 2001, Jerry Pascal had bought most of Russia's auto factories, and the Chinese familiar cars of GUS and Volga are now brands of Jerry Pascal.

As Abramovich changed his investment direction, he sold his Russian Aluminum Inc shares to Jerry Pascal two times from October 2003 to October 2004.

Since then, Russia's aluminum industry has become Jerry Pascal's own world.

In the fierce competition in the aluminum market, Jerry Pascal became the last winner and became one of the largest aluminum suppliers in the world.

In summing up his successful experience, Jerry Pascal believes that setting up factories in remote Siberia is a great advantage for him.

Siberia is extremely rich in electricity, and because of its remote location, Siberia's electricity can not be pferred to developed areas, and can only be supplied to aluminum plants at a very cheap price.

The difference between Jerry Pascal and other Russian tycoons was that he was almost the only one who turned from a manager to a capitalist.

Jerry Pascal is said to be working with workers in bad workshops almost every day during his startup.

In the Russian political and economic field, Jerry Pascal also has an important resource, that is, his wife Pauline Uma Sawa.

Uma Sawa's father Valentin Umasav was an important adviser and speech writer when Yeltsin became president. He later married Yeltsin's youngest daughter Tatiana, so Uma Sawa was the granddaughter of Yeltsin.

Jerry Pascal met Uma Sawa in 1999. After 1 and a half years, two people were married. The wedding was once selected by the Russians as one of the 2001 events.

In Russia, Yeltsin's grandson's son-in-law is almost equivalent to "Prince of the emperor's consort". After that, Jerry Pascal has entered the core of Russian power.

Although Jerry Pascal did not admit that the marriage with Yeltsin family was very helpful to his career, he generally believed that Putin, who often gave heavy weight to the financial oligarchs, was a "different sight" to Jerry Pascal. Jerry Pascal's enterprises were often helped by the government.