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The unassuming billionaire: MB meets Polymetal founder Alexander Nesis
July 20, 2011 - 15:30 GMT
Alexander Nesis is a far cry from the stereotype associated with men of his standing. The Russian founder of silver and gold producer Polymetal and investment company ICT Group is not overbearing or overly assured of his own importance, despite being in possession of a fortune estimated at more than £1.5 billion ($2.4 billion)
The Russian founder of silver and gold producer Polymetal
and investment company ICT Group is not overbearing or overly
assured of his own importance, despite being in possession of a
fortune estimated at more than £1.5 billion ($2.4
billion). Rather, he is reserved, shy even, and apologises
politely for being late. There are no handlers, no advisers -
just one PR exec and a translator to assist Nesis with his
English, which he freely admits is less than perfect. When it
comes to Polymetal, however, it is clear that Nesis is
confident of the company's strength. It was founded in 1998 by
ICT Group, and between 1999 and 2003, four green-field mining
operations were set up on the basis of undeveloped gold and
silver deposits. Polymetal now has operations in Russia and
Kazakhstan, and "sees no reason to go to other countries",
Nesis tells MB. The company now claims to...
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Euromoney Institutional Investor PLC.
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