Andrey Guryev

Andrey Grigoryevich Guryev (; born 24 March 1960) is a Russian billionaire businessman. He is the former head of PhosAgro, one of the world's four largest producers of phosphate-based fertilizers. As of March 2022, his net worth is estimated at US$4.8 billion.

He acquired his wealth in the 1990s after the collapse of the Soviet Union, obtaining previously state-owned assets at undervalued prices. In 2004, he obtained Mikhail Khodorkovsky's half of PhosAgro at an extremely low price, as Khodorkovsky was arrested by the Vladimir Putin regime.

Guryev is a Judo master and from 1978 to 1987, was an instructor and committee secretary for the Mosgorsovet's Dinamo Komsomol organization.

Career In 1990, Guryev started his career working for Mikhail Khodorkovsky at the Menatep Group.

In 1995, he was appointed as Head of the Mining and Chemical Products Department, First the Deputy CEO of ROSPROM and subsequently head of the Y. V. Samoilov Research Institute for Fertilizers and Insectofungicides (NIUIF).

In 2011, Guryev owned 71% of PhosAgro, with 10% owned by Vladimir Litvinenko.

In 2012, PhosAgro purchased 20% of Apatit. Guryev led a management buyout to acquire control of Apatit and PhosAgro, and now owns 100% of the company.

Between 2011 and 2013, Guryev served as a Member of the Federation Council from the executive branch of the Murmansk oblast government.

In 2013, Guryev was appointed Deputy Chairman of PhosAgro's Board of Directors. This came after he made the decision to step down as Senator, citing the new laws regarding foreign bank accounts owned by Russian entrepreneurs as his reason for stepping down after 11 years as a politician.

In 2014, Guryev sold an increased stake in PhosAgro to Vladimir Litvineko, bringing the latter's total ownership to 9.73%, up from 4.92% in 2011.

In early 2015, current CEO Andrei Guryev Jr, Andrey Guryev's son, was reported as saying, “PhosAgro is the most profitable phosphate fertilizer company in the world.”

PhosAgro is structured so that Guryev and his family are recipients of a trust, rather than outright ownership in their names, though Evgenia Guryev, Guryev's wife, owns 4.82% of PhosAgro in her own name.

In July 2016, Forbes estimated his net worth at US$4.3 billion.

Sanctions He was sanctioned by the United Kingdom and New Zealand in 2022, as well as Japan in 2023, in relation to the Russo-Ukrainian War.

Two of Guryev's superyachts have been seized due to these sanctions: Alfa Nero, owned through an offshore company and intended to be auctioned in Antigua and Barbuda. His yacht, Luminosity, was seized by Montenegro due to these sanctions.

Personal life Guryev is married to Evgenia and they have two children, Andrey Guryev, Jr. and Yulia Guryeva-Motlokhov. Andrey Guryev, Jr, is CEO of PhosAgro. Yulia Guryeva-Motlokhov is married to hedge fund manager Alexei Motlokhov, they have twin sons, and live next door in Highgate.

The Guryevs own Witanhurst in Highgate, London's second largest house after Buckingham Palace, He owns the five-storey penthouse of St George Wharf Tower in London. Guryev has never given an interview to the press.