Vladimir Gruzdev Net Worth

What is Vladimir Gruzdev's Net Worth?

Vladimir Gruzdev is a Russian businessman, investor and politician who has a net worth of $1.3 billion. Making his career beginnings as a businessman and investor, Vladimir Gruzdev now serves as the governor of Tula Oblast, 125 miles south of Moscow. Born Vladimir Sergeyevich Gruzdev on February 6, 1967 in Korolyov, Moscow Oblast, Russia, he graduated from the Moscow State University before joining the military. Next, he started to manage several shops for fellow billionaire Oleg Boyko, and then set up the supermarket chain Sedmoi Kontinent. Gruzdev decided to sell his share in the company to his partner Alexander Zanadvorov in 2007, right before the financial crisis.

However, his family still has the control of retail network Fashion Continent and owns land near Moscow. In 2010, Gruzdev entered politics with his election to the Moscow City Duma. Two years later he was elected to the State Duma, and then he got reelected in 2007. Eventually, he was appointed Tula Oblast's governor and used his own money to build 200 children's playgrounds in the region.