Age, Biography and Wiki

Mikhail Balakin was born on 20 April, 1961 in Serpukhov, Soviet Union, is a Russian businessman and politician. Discover Mikhail Balakin's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 62 years old?

Popular As N/A
Occupation Chairman of SU-155 Group of companies
Age 62 years old
Zodiac Sign Aries
Born 20 April 1961
Birthday 20 April
Birthplace Serpukhov, Soviet Union
Nationality Russia

We recommend you to check the complete list of Famous People born on 20 April. He is a member of famous Chairman with the age 62 years old group. He one of the Richest Chairman who was born in Russia.

Mikhail Balakin Height, Weight & Measurements

At 62 years old, Mikhail Balakin height not available right now. We will update Mikhail Balakin's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Mikhail Balakin's Wife?

His wife is Married

Family
Parents Not Available
Wife Married
Sibling Not Available
Children one daughter

Mikhail Balakin Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Mikhail Balakin worth at the age of 62 years old? Mikhail Balakin’s income source is mostly from being a successful Chairman. He is from Russia. We have estimated Mikhail Balakin's net worth, money, salary, income, and assets.

Net worth US$ 2.1 billion (2014)
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Chairman

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Timeline

1961

Mikhail Dmitrievich Balakin (Russian: Михаил Дмитриевич Балакин, born April 20, 1961) is a Russian billionaire businessman and politician.

1990

In 1990 he was named director of Construction Management No. 155 (SU-155).

1993

He became co-owner and general director of SU-155 when the company became a publicly traded entity in 1993.

2000

In 2000 he moved to work in the Moscow mayor’s office, where he was responsible for the construction of municipal projects and the renovation of substandard (dilapidated) housing.

The Moscow International House of Music, the new stage for the Bolshoi Theatre, Square of Europe near the Kiyevsky railway station and the MGU Library were remodelled while he was working for the mayor of Moscow.

2005

After deciding to leave the mayor’s office in 2005, he returned to the helm of SU-155, where he is the chairman.

Balakin is the majority shareholder of the SU-155 Group of companies, comprising over 80 industrial and construction businesses.

Included in Forbes rating of richest Russian businessmen since 2005 (except for 2009), and in Forbes global rating since 2010:

Awards have been presented at various times by the Russian Orthodox Church: the Order of Holy Prince Daniel of Moscow III class in 2005, the Order of Holy Father Serafim of Sarov III class in 2007, the Medal of Holy Prince George Vsevolodovich III class and the Order of Holy Father Serafim of Sarov II class in 2014.

2008

He was awarded the title “Builder Emeritus of the Russian Federation” in 2008.

2013

SU-155 revenue in 2013 rose by 35% to 114.2 billion roubles.

Balakin was one of the shareholders of NS Bank, but he sold his shares in the bank in April 2013.

2014

He divested himself his assets in management companies that were originally part of the SU-155 Group in 2014 in order to concentrate on the core business of the Group.

Balakin has been a member of the Public Council of the Russian Ministry of Construction Industry, Housing and Utilities Sector since 2014.

In 2014, Balakin ran for the Moscow City Duma in 38th constituency.

Initially, it was assumed that he would run as an independent candidate, but in the end he went to the polls from the Liberal Democratic Party.

Balakin was elected to the City Duma gaining 46% of the vote.

He was awarded the Order of Honour in 2014.

Balakin is married and has one daughter.

2015

He is chairman of the SU-155 group of companies, as well as a Moscow politician, member of the Moscow City Duma from 38th constituency.

Mikhail Balakin was born to a family of builders.

He graduated the Kuibyshev Moscow State University of Civil Engineering with a degree in civil engineering and a concentration in heat and gas supply and ventilation.

He worked his way up from master to chief engineer over the following eight years.

2018

In 2018, he ran for Mayor of Moscow.

Balakin was nominated by the Union of Citizens party.

To register, he had to pass the so-called "municipal filter", collect from 110 to 115 signatures of municipal deputies.

Initially, he collected 112 signatures, this number was enough for registration, but then three deputies withdrew their signatures and the City Election Committee rejected the candidacy of Balakin citing a lack of signatures.

On 23 July 2018, the Moscow City Court found the refusal of registration illegal and ordered to register Balakin as a mayoral candidate.

At the mayoral election Balakin ranked last, scoring 42,192 votes (1.87%).