Belarusian entrepreneur Yury Chizh: biography, success story and interesting facts

2024 Author: Henry Conors | [email protected]. Last modified: 2024-02-12 02:54

Billionaires with big names are available not only in Russia, but also in Belarus, one of them is Yury Chizh. According to the authoritative Forbes magazine, the businessman is one of the most influential people in the world. Yuri Alexandrovich achieved his successes and huge capital thanks to a properly built business, painstaking work and desire. We decided to tell the story of this influential person in this publication.

Yuri Chizh: biography

Chizh, or rather Chyzh Yuri, was born on March 28, 1963 in the Brest region, the village of Soboli. The future billionaire was a real bully; questions to his parents always arose about his behavior. By the way, Yuri Chizh was born and raised in a family of simple peasants. By religion, his father was Orthodox, and his mother was a Baptist.

Despite his useless behavior and disorderly nature, Yuri Alexandrovich was a diligent student. At the final exams, he just fell shortto the average score (4, 5), so I had to literally break through to the Polytechnic Institute, having stood all four instead of two entrance exams. Having gone through all the obstacles, Yuri Chizh nevertheless became one of the students of the Electrotechnical Institute of the BNTU.

First days of work

After graduating from the institute, the current billionaire went to work at the Tractor Plant in Minsk, where he ended up by distribution, like all Soviet citizens.

Yuri Alexandrovich always gave his best, whether it was school, college, or work. In his first place, Chizh was known as an executive and responsible worker, which allowed him to rise high up the career ladder in just seven years and become the head of the energy service of the entrusted corps.

Adventurism + determination=own business

In the nineties, when the USSR system began to disintegrate, the tractor factory where the hero of our article worked began to suffer losses. Yury Chyzh offered the higher management to slightly change the field of activity and start producing goods that could keep the enterprise afloat, but they did not listen to him - another proposal was met with another refusal. The future entrepreneur realized that there would be nothing good with such leadership, therefore, having gained determination (he always had more than enough adventurism), he wrote a letter of resignation. In the early nineties, many lost their jobs, began to drink alcohol excessively, not finding a place for themselves in later life, but this is not about Yuri Alexandrovich. He took the situation into his ownhands, assessed the possibilities and prospects and created "Triple" - an enterprise initially consisting of two employees - Chizh himself, who had to master the basics of accounting, and his colleague - the secretary-clerk.

Company activities

Initially, a small company was engaged in mediation, cargo transportation. These directions were chosen by Yury Alexandrovich not in vain, because Belarus is in the center of Europe and is a transit country. After there was no trace left of the USSR, this direction was chosen very wisely, corresponding to the needs of that seemingly distant era. Everything was transported - from carpets to building materials. All the money earned went to the development of the business. Soon Yuri Chizh created two subsidiaries that were engaged in the production of plastic joinery and drinks.

Business Development

Yuri Aleksandrovich didn't choose engineering for nothing: he understood that the former USSR countries would undergo a construction boom, "Europeanization", and therefore a large amount of double-glazed windows would be required.

Yuriy Chyzh started his activity in the food industry and relied on quality, assortment and closed production. That is, the company "Aqua Triple" itself created products and packaged them. The secret of Chyzh's success lies in the fact that, unlike many start-up businessmen, he abandoned the idea of reselling, hauling transport, and focused specifically on production.

Already in the nineties, the company's production sites weresuper-new technological equipment was installed, only high-quality, fortified ingredients were selected, which made the products very popular. However, the entrepreneur was not going to stop there.

Further activities

Since 1997, the future billionaire begins to develop the restaurant business. The first catering facility was called "Rakovsky Brovar" - now it is a whole chain of restaurants and cafes.

A ski resort was built in Logoysk, which among the people immediately began to be called a monument erected by Chizh during his lifetime. Soon the resort became known as a he alth resort, where not only citizens of the former USSR come to relax, but also tourists from more distant countries.

Oil industry

Yuri Chyzh was not going to stop, he understood that he was lucky in any field of business, that he had real acumen, so he took steps in the development of his enterprises wider and wider. In 2002, he set up an oil refining company and exported and imported finished products. Soon such industrial giants as Lukoil, Bashneft, TNK-BP Holding, Gazpromneft began to cooperate with Chizh.

Along with the processing of petroleum products, Yuri Alexandrovich opened a network of gas stations.

Sanctions against Yury Chyzh

At the end of March 2012, a businessman was banned from visiting the territory of the European Union - sanctions were applied because of hisfriendship with the family of President Lukashenko. The documentation stated that Chizh financially supports Lukashenka's regime through his group of companies.

In 2015, the ban on visiting the European Union was lifted due to insufficient evidence.

Today

The criminal case against the billionaire continues: according to the press secretary of the KGB of Belarus, in March 2016, Yuri was detained on suspicion of fraud, tax evasion, an attempt to transfer all his capital abroad. According to some reports, the arrest order was received from the very top - from the head of state.

Private life

Yuri Chizh has a wonderful family - wife Svetlana, daughter Tatyana, sons Vladimir and Sergey.

According to the billionaire, he "put together" his capital by honest work. When he first started, he didn’t sleep at night and didn’t rest, now his system is established, time is distributed for successful work. To all novice businessmen, Yuri Chizh, a Belarusian billionaire, wishes success in his endeavors and shares his secret - the desire to achieve heights and the desire for a prosperous life.