Leonid Lebedev

Last updated
Leonid Lebedev
Leonid Lebedev.jpg
Lebedev in 2013
Born (1956-05-02) May 2, 1956 (age 68)
Moscow, Russia
CitizenshipCypriot [1] Russian
Alma mater D. Mendeleev University of Chemical Technology of Russia
Occupations
  • Businessman
  • former politician
Known forFormer owner of Sintez Group, film producer
SpouseWidowed
Children2 daughters

Leonid Lebedev (born May 2, 1956) is a Cypriot-Russian businessman, and a former elected representative in Russia's Upper House of Parliament. [1]

Contents

Lebedev is the former sole owner of Sintez Group, a privately held energy, oil and gas and property development company. [1] [2] With Alexander Zhukov and Mark Garber who was a director and asset manager at Fleming Family and Partners, [3] he co-founded Soviet American joint venture SINTEZ International in 1988 and the Russia United Kingdom joint venture SINTEZ Corporation in January 1990, which he left in the early 2000s. [4] [5] According to Forbes Russia Sintez ranked 154th among private companies in Russia in 2012. [6] According to Forbes, Leonid Lebedev is listed at position 162 with $750 million in 2021. [7]

He has also been a businessman in music and film, serving as a producer, during the 1980s and more recently, in creating independent films such as Hipsters and The Geographer Drank His Globe Away .

In 2002, he was elected to the Federation Council (Russia), Russia's Upper House of Parliament, representing the Republic of Chuvashia until he retired form politics in 2015.

Early life

Leonid Lebedev was born in Moscow. [4] He earned a degree in engineering from the D. Mendeleev University of Chemical Technology of Russia in 1979. [4]

He served as a consultant to the USSR Chamber of Commerce and Mosconcert during the early 1980s. [4]

Entrepreneurship

In the early 1980s, Lebedev began his entrepreneurial career by organizing rock concerts. [8]

Sintez Records

In 1989 Lebedev co-founded Sintez Records, a recording studio and label for underground rock artists. [9] The label recorded music by Nautilus Pompilius, Time Machine and Oleg Gazmanov, among others. [6]

Sintez International

In the 1990s, following Perestroika, Lebedev co-founded Sintez International, a Soviet American joint venture, which traded in commodities and industrial supplies. [10]

According to Forbes, Lebedev is "one of the few Soviets who experimented with joint business ventures between the capitalistic US and the socialistic USSR in the 1980s." He is "not your typical Russian businessman who took advantage of early privatization or operated under some influential politician's wing." Forbes further states, "He sunk wells where there were none and struck black gold," pointing out his "entrepreneurial experience" accumulated in "tumultuous times in Russia." [9] Sintez was the first Russian private company in the oil sector to conduct offshore exploration in the Arctic. [8] In Western Siberia, Sintez built an oil production plant, called Negusneft, developed its infrastructure, and undertook industrial trading and exports. [9]

Sale of Russian energy supplier TGK-2
In relation to the sale of the Russian energy company TGK-2 in 2008, Sintez sued the German company RWE in 2011 for damages of around 700 million euros. RWE was accused of having backed out of the deal to purchase TGK-2 at short notice and without valid justification, thereby driving Sintez to the brink of ruin. There seemed to be numerous discrepancies: For example, according to press reports, there was only one bidder at the auction, although there had previously been talk in the media of weighty interested parties. [11] [12] [13] [14] [15] In 2015, the Essen Regional Court dismissed Sintez's lawsuit against RWE. [16] However, the court also ruled that a lawsuit against then RWE CEO Jürgen Großmann was admissible. [17] [18] According to media reports, Großmann is said to have pushed the transaction personally and even called in former German Chancellor Gerhard Schröder to influence the ultimately failed deal through Russian politics. [12] [17] [18]

Sale of Russian oil company TNK-BP
In connection to the sale of TNK-BP to Rosneft in 2013, Lebedev sued his former partners, Viktor Vekselberg and Leonard Blavatnik, in February 2014 for breach of contract for $2 billion in the Supreme Court of the State of New York. [19] The case is currently still before the New York State Supreme Court.

Film producer

Red Arrow

Lebedev is a movie producer with more than twenty feature films in his portfolio. He is a co-founder and a co-owner of the "Red Arrow" film studio in Russia. [9] In 2008, he joined forces with director Valery Todorovsky to co-produce Hipsters (film) (in Russian, Stilyagi) a romantic comedy set in 1950s Moscow, and Russia's first post-Soviet musical. He also produced The Geographer Drank His Globe Away (film), which won the Gran Prix at the 2013 Kinotavr film festival and at the 2013 Film Festival Cottbus.

American Film and Television

With the help of his American daughter, Julia Lebedev, a USC graduate living in Los Angeles, Lebedev has entered the US film industry. Works include Bad Education, starring Hugh Jackman, for which Lebedev won an Emmy award, The Good Doctor co-produced with the film's star Orlando Bloom ("Pirates of the Caribbean") and The Prophet, featuring Salma Hayek and Liam Neeson. Lebedev and his daughter Julia are executive producers of the Netflix series Dear White People.

Filmography

Political activities

From 2002 to 2015, Lebedev was a member of the Federal Council, the second parliamentary chamber of the Russian Federation, as a representative of the Chuvash Republic. [20]

Lebedev continued his business ventures during his 13-year parliamentary career. A media article states that, "unlike other oligarchs, his companies survived the change from the Yeltsin era to the new Russia under Vladimir Putin without major setbacks." In 2015, he resigned his mandate. [20]

Personal life

Lebedev, who is widowed and has two adult daughters. Together with his daughter Julia, who lives in the US, he founded the film production company Code Red Productions. His second daughter, Yana, lives in Moscow and is the founder of an online fashion guide. [9]

As a helmsman and co-owner of his sailing team Synergy, he frequently participated in sailing competitions on his RC44 yacht. [9]

In 2013, Lebedev earned a PhD by Belgorad State Technological University in colloidal chemistry (the topic of PhD dissertation: Kolloidno-elektrokhimicheskiye aspekty zashchity ot korrozii konstruktsionnykh staley oborudovaniya yadernykh energeticheskikh ustanovok (Colloidal and electrochemical aspects of anticorrosion protection of structural steel in nuclear power plants equipment). [21]

In 2017, it was reported in The Guardian that Lebedev had acquired Cypriot citizenship. [1]

Philanthropy

Lebedev supports numerous philanthropic projects in the field of culture and education. [9] Lebedev "enjoys a reputation as a discreet patron of the arts" [22] and is one of the founders of the Chuvashia Fund, which operates in the Russian region of the same name and supports various initiatives in the region in the fields of healthcare, education, and culture. [23] Among other social projects in the Chuvash region, Lebedev has donated funds for the construction of two churches in Cheboksary. [24] [25] In 2011, he was awarded the Order of the Russian Orthodox Church of St. Innocent for supporting the publication of the book "Orthodoxy in China." He was also awarded the Order of the Metropolitan of Moscow and Kolomna and the Order of Sergius of Radonezh for his chartable work. [26]

Lebedev was one of the sponsors of the 2005 exhibition of Russian art at the Guggenheim Museum in New York, held to mark the 60th anniversary of the founding of the UN, which was the first time a retrospective of Russian art from 12th-century icons to modern art objects was shown outside of Russia. [27]

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References

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