Boris Jordan

Boris Jordan (Russian: Борис Алексеевич Йордан, born June 2, 1966) is a Russian-American billionaire businessman who is the chairman of Curaleaf.

Boris Jordan
Born (1966-06-02) June 2, 1966
NationalityRussian-American
EducationNew York University
OccupationBusinessman
Known forFormer CEO of Gazprom Media
Former Renaissance Capital
CEO of Sputnik Group
CEO of Curaleaf
Net worthUS$1.1 billion (September 2019)[1]
Spouse(s)Elizabeth Jordan
Children5

Education

Jordan earned a bachelor's degree in Russian–American Economic Relations from New York University.[2]

Career

Boris Jordan is the President and CEO of the Sputnik Group Ltd., which he launched in 1998. The Sputnik Group is a diversified holding company, which manages the Sputnik Funds, the largest foreign private-equity funds invested in Russia.[3] Currently, The Sputnik Group owns proprietary investments in Russian insurance (Renaissance Insurance), forestry, telecommunications and media sectors – as well as a number of investments in foreign companies. Boris Jordan was one of the founders of Renaissance Capital investment group (founded in 1995) along with New Zealander Stephen Jennings. He is the chairman of Curaleaf, a cannabis company.[1]

Since 2007 Jordan has been a Member of the Council on Foreign Relations and a member of The Board Of Trustees of New York University, his alma mater. At New York University Jordan founded The Jordan Center for the Advanced Study of Russia. Boris Jordan assisted Russia's economic transition to capitalism in the early 1990s, assisting in the launch of the Russian stock market and the privatization of state assets. Later appointed chief executive of Russia's Gazprom Media as well as general director of its NTV television network, Jordan was forced to resign in early 2003 under political pressure.[4]

In 2001-2003 he was the CEO of the Russian TV channel NTV[5] and also the CEO of Gazprom Media, a subsidiary media holding of Gazprom (now of Gazprombank) that owned NTV, TNT, NTV Plus, five popular radio stations (including Echo of Moscow), numerous widely circulated news and entertainment publications, and two premier movie theaters in Moscow and St. Petersburg.

From 1992 to 1995, Boris Jordan was Managing Director of the Moscow office of CS First Boston. During his tenure, CS First Boston became a leading investment bank in Russia, engaged in privatization, corporate finance and securities trading.[6]

In 1999 Boris Jordan established the Cadet Corps Fund, and is the Fund's president.[7]

Personal life

Jordan is fluent in English and Russian. He is married to Elizabeth.[8] They have one daughter and four sons.[2]

In 2011, Boris and Elizabeth Jordan, both NYU alumni, established the Jordan Center for the Advanced Study of Russia at NYU.[9]

He purchased a penthouse in South Beach, Miami in 2014 for $20 million. He sold it in May 2018 to Cliff Asness, for a record $26 million.[10] [8]

See also

References

  1. Sandler, Rachel. "Cannabis King: Boris Jordan, Chairman Of Curaleaf, Becomes The Only Pot Billionaire". Forbes (10 September 2019). Retrieved September 11, 2019.
  2. "Boris Jordan, President and Chairman of the Board of the Sputnik Group". Sputnik. Retrieved September 11, 2019.
  3. "Sputnik Group management bios"
  4. Television and Presidential Power in Putin's Russia, p67. Tina Burrett. 2011: Routledge, New York.
  5. JORDAN IN THE HEADLINES AGAIN. Valeria Korchagina. St Petersburg Times, April 6, 2001
  6. Businessweek May 22, 1995. Boris Jordan: The man who made Moscow's Market
  7. ФОНД СОДЕЙСТВИЯ КАДЕТСКИМ КОРПУСАМ
  8. Howley, Kathleen (May 14, 2018). "Russian Venture Capitalist Sells South Beach Penthouse For Record $26M". Forbes. Retrieved September 11, 2019.
  9. http://jordanrussiacenter.org/
  10. Barron's accessed November 12,2019
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