Who's Who: Runet's Top Players, Part 2
In the previous post we introduced the latter half of the top ten Runet's movers and shakers. Now is the time to talk about the top five. But first a few words about the rest of the high-flyers on the Forbes top 30. The types of companies top executes belonged to varied: from social networks, game-developers and e-commerce sites to recruitment website HeadHunter (owns up to 50% of marketshare and earned $1.7 in first half of last year) and antivirus software Kaspersky Labs (4th largest in the world with income of over $500M last year alone). Founders of internationally known services like Evernote (Stepan Pachikov) and Chatroulette (Andrey Ternovsky) were placed 13th and 15th respectively. Evernote attracted $20M from Sequoia Capital in 2010 and Chatroulette was one of the most talked-about services that year.
Fifth position on the list is shared among the male duo Andrey Baranov and Ratmir Timoshov. Together they founded a software company in 1993 and in 2004 sold it to an American IT company called Quest for $115M. Soon afterward they founded an investment fund ABRT (named after their initials), which has so far funded a search engine Quintura, a gaming developer Drimmi and an online shopping club KupiVIP.
Number four belongs to Viktor Remsha, CEO of Finam. Finam is among the top investment groups in Russia: it has a 70% stake in Russia's biggest dating site Mamba, 85% in a new Russian social network Mir Tesen and 20% stake in Badoo, a big dating site with global reach and over 100M users. All this makes Viktor one of the top-most Russian investors.
The bronze is taken by Aleksandr Galitsky from Almaz Capital Parnters. One of the pioneers of Internet business, Alexander founded Almaz Capital in 2008 and raised $80M for it. Their early investments include dot-com veterans of Runet like Apollo Project, Alaware Entertainment and Parallels. It's recent investment into Qik has already paid off - the company was sold to Skype early this year for $150M.
The second place belongs to a less known private investor Leonid Boguslavsky, who made his fortune by creating Russia's largerst system integrator at the time (LVS) and selling it to PriceWaterhouse in 1997. Since then he became private investor in ru-Holdings, which was the first group to invest into Yandex and the country's biggest online store Ozon. Little known abroad, Leonid has a long and impressive career as an entrepreneur and private investor.
Finally, the number one position is somewhat predictable: of course it's Yuri Milner. His career in Internet business started in late 90s and one of his first companies (NetBridge) joined Mail.ru in 2001. In 2005 Yuri founded Digital Sky Technologies (DST) . The fund made their first investments into local social networks Vkontakte and Odnoklassniki, Russia's biggest dating site Mamba and some gaming companies. In 2009 DST was joined by Alisher Usmanov, one of the world's 100 richest men, who brought into the company some of his estimated $2.7 billion fortune. As a result, DST went on a shopping spree abroad investing into Facebook, Zynga, Groupon and is currently rumored to be eyeing Twitter and Spotify for huge investment rounds. Yuri Milner personally earned $75,5M on Mail.Ru Group's IPO. A deserved top of the list.
Image from Omgblog




