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Net worth dropped after the 2008 crisis where PIK group lost 98% of its value. Kirill was worth 6 billion in 2008 and lost 10 times his worth. (Wainbridge) website states.
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|name = Kirill Pisarev
|name = Kirill Pisarev
|birth_date = {{birth date and age|1969|06|16}}
|birth_date = {{birth date and age|1969|06|16}}
|net worth = $680 million (May 2019)
|residence = [[Moscow]], [[Russia]]
|residence = [[Moscow]], [[Russia]]
|occupation = Businessman<br />Investor
|occupation = Businessman<br />Investor

Revision as of 09:32, 6 August 2019

Kirill Pisarev
Born (1969-06-16) June 16, 1969 (age 55)
Occupation(s)Businessman
Investor

Kirill Pisarev (Template:Lang-ru; born June 16, 1969), is a Russian entrepreneur, investor and a co-founder of PIK Group, a Russian-based residential real estate developer.

Early life

Pisarev was born in Moscow, Russia. In 1987-89, he served in the Soviet Army. He graduated from the State Finance Academy of the Russian Government with a degree in Fina

Career

In 1994, Pisarev co-founded the first mortgage company, PIK Group.[1] By 2007 the company had become Russia’s largest residential developer, bringing online in excess of 1 million square meters of space per year. In June 2007, PIK Group completed a $1.93 billion IPO on the London (LSE) and Russian (RTS, MICEX) stock exchanges, the largest ever real estate IPO in Europe and globally (non-REIT). The company was valued at $12.3 billion.[2] To date, PIK Group has completed in excess of 13 million square meters of housing.[3] Pisarev served as the President of the company between 1994-2009. Between 2009 and 2011, he acted as the Chairman of the Board and a Director of the company.[4]

Besides PIK Group, Pisarev’s current business interests include: Wainbridge Capital,[5] a Jersey-registered real estate investment and asset management company; Wainbridge Estates,[6] a residential development and investment management business focused on luxury real estate in various international locations; Storm Properties,[7] a Russian real estate development company, and Housing Financing Bank,[8] a Russia-based specialized residential mortgage originator.

References

  1. ^ "Property Week: Nice one, Kirill". Property Week. Archived from the original on 2016-06-11. Retrieved 2013-05-28. {{cite news}}: Unknown parameter |dead-url= ignored (|url-status= suggested) (help)
  2. ^ "PIK ANNOUNCES STRONG FINANCIAL RESULTS FOR 2007". RNS.
  3. ^ "http://pik-group.com/property-portfolio/affordable-housing/". Archived from the original on 2013-03-24. Retrieved 2013-05-28. {{cite news}}: External link in |title= (help); Unknown parameter |dead-url= ignored (|url-status= suggested) (help)
  4. ^ "INFORMATION ON CANDIDATES FOR THE BOARD OF DIRECTORS OF PIK GROUP" (PDF). PIK Group.
  5. ^ "Wainbridge Completes First Close of Real Estate Value-add Fund and its Debut UK Investment" (PDF). Wainbridge Limited.[permanent dead link]
  6. ^ "Wainbridge Enters Housing". The Moscow Times. March 6, 2012.
  7. ^ "Storm Properties announces new shareholder". Europe Real Estate Publishers.
  8. ^ "Housing Financing Bank". Russian banks. Archived from the original on 2013-07-03. {{cite news}}: Unknown parameter |dead-url= ignored (|url-status= suggested) (help)