Mikhail Balakin: the whole truth about the famous businessman

2024 Author: Henry Conors | [email protected]. Last modified: 2024-02-12 02:46

Mikhail Balakin is a prime example of what a Russian entrepreneur can be like today. Thanks to his efforts, he has repeatedly been included in the Forbes magazine ratings as the most successful businessman in Russia. However, we alth did not immediately come into his hands, and even more so not in the easiest way.

So let's talk about how he made his fortune? What are the merits of Michael to society? And what is known about his personal life?

Mikhail Balakin: biography

The future entrepreneur was born on April 20, 1961. It happened in Serpukhov, today it is one of the administrative centers in the Moscow region. Mikhail's parents were simple builders. Probably, it was this fact that prompted him to choose a similar life path for himself.

After graduating from school, Mikhail Balakin immediately entered the Moscow Engineering and Construction Institute. Kuibyshev. Here, in 1983, he received a diploma in civil engineering, after which he went to conquer the adult world.

His first job was the 204th Departmenttrust "Mosfundamentstroy-1". Thanks to his perseverance and extraordinary approach to completing tasks, he quickly moved up the career ladder. However, the post of chief engineer in production could not calm the ambitions of Mikhail Balakin, and he decided to conquer higher peaks.

And so, at the beginning of 1990, he became the director of the construction department No. 155 of Glavmosstroy (hereinafter SU-155). After the collapse of the Soviet Union, an active process of corporatization of this construction company began. Sensing a good opportunity to make money, Mikhail Balakin becomes a co-owner of this joint-stock company, and subsequently takes the position of general director.

In 2000 he was invited to work in the city hall. Here he holds the post of first deputy head of Stroykompleks. Under his leadership, most of the capital's buildings of that time were erected and reconstructed.

But soon Balakin got bored with the post of official, and in 2005 he returned to the SU-155 again. True, this time in the person of the chairman of the board of directors.

Starting from 2014 Balakin Mikhail Dmitrievich is an honored member of the Public Council under the Ministry of Construction and Housing and Public Utilities of Russia.

Political activities

It's worth starting with the fact that SU-155 is one of the co-founders of the Moscow Construction Union. That is, Mikhail Balakin is able, by his actions, to influence the improvement of the entire capital as a whole.

Besides this, in 2014 he became one of the main experts in Troitsk andNovomoskovsk Association of Deputies. A little later, he won the elections to the Moscow City Duma, nominating his candidacy from the Liberal Democratic Party.

Victory and service to society

As mentioned earlier, Mikhail Balakin has been repeatedly featured on the pages of Forbes magazine. Since 2005, he has been regularly included in the Top Richest People in Russia rating. As of 2015, he occupies an honorable 50th place, leaving behind more than half of this list.

Besides this, many people know Mikhail as one of the most active patrons contributing to the restoration of churches. Moreover, he not only allocates the money needed for the reconstruction, but also personally leads some of the construction work.

Family and hobbies

Like most entrepreneurs, Mikhail does not like to share his personal life with the public. He believes that this is the line that others should not cross. From reliable sources, it is only known that he is married to Marina Balakina. They have a common daughter, who is the main pride of the father.

In his spare time, Mikhail loves skiing in the mountains. As for the hobby, here the entrepreneur prefers collecting wines. Rumor has it that he has one of the best collections in all of Russia at home.