Fathers and children. What do children of high-ranking officials do?

Fathers and children. What do children of high-ranking officials do?

Russian officials’ children have mostly successful careers. However this success is usually directly proportional to the heights of their parents’ positions. Where are the elite workers now, when will they come out to the big scene of Russian policy and take places of their high-ranking parents?

Like father like son

In the last ten years Sergey Kiriyenko firstly headed the Federal agency on atomic energy of Russia (Rosatom), and then a state corporation of the same name. During all this time his son Vladimir was easily changing high posts in the sphere of business.

After graduating the Higher School of Economics in 2005 Kiriyenko Jr. headed the Board of Directors of Volga TV Company. For the next six years he also managed to be chairman of the board of directors of Sarovbusinessbank and Nizhegorodpromstroybank. In 2011 Vladimir Kiriyenko left the banking sector and became an owner of 99% of the Nizhny Novgorod company Capital. Capital controls extensive business of Kiriyenko’s family. Thus majority of the gilded youth biographies begins. Next step is usually work in various state corporations and companies, and then, as a logical completion of the process - the state post. Vladimir Kiriyenko's career does not break this tradition, but smashes diligently created myth about hyper talented, and, above all completely independent, children of officials.

Владимир Кириенко

Photo: Vladimir Kiriyenko

It all started when Vyacheslav Volodin was transferred from the Presidential Administration to the State Duma. The most probable candidate on the post released by Volodin was the Head of Rosatom Sergey Kiriyenko. Here the mechanism of promotion of gilded youth broke, more precisely, immoderately accelerated. Kiriyenko Jr., who had no experience in IT sphere, became the senior Vice-President for development and business management of Rostelecom. Yet before his father was confirmed to the new post.

The appointment became a surprise for many, including Larisa Tkachuk who was earlier holding this post. Now Tkachuk acts as the Vice-President of the company. According to Vedomosti, her functions in the company are still not clear, however, Rostelecom wants Tkachuk to stay. It is possible that main mission of Tkachuk would be actual fulfillment of duties of inexperienced Kiriyenko.

Enjoyed life to the full

However, some offsprings of officials without got in state companies without excess noise almost from a student's bench. Oil and gas companies and banks with state participation became the main habitat of future political elite. Thus, the younger son of Nikolay Patrushev Andrey in 2006 became the Adviser of the Head of Rosneft Igor Sechin. Three years before Andrey Patrushev graduated from the FSB academy and before getting to the top management of Rosneft had never had experience in any economic structures. In 2011 Patrushev began to work in Zarubezhneft state company, and in a year became the First Deputy CEO of the Russian-Vietnamese company Vietsovpetro. Last year Andrey Patrushev became the Deputy CEO for development of shelf projects in the Gazprom Neft company. Judging by the official biography, Andrey Patrushev still has no profile economic education.

His brother Dmitry Patrushev, and younger son of the former Head of the Presidential Administration Sergey Ivanov situated in the banking sector. Both have profile economic education. After graduating State University of Management in 1999, young manager Dmitry Patrushev found a place in the Ministry of Transport of the Russian Federation. However, Patrushev considered the finance sphere much more attractive. In 2004 he graduates the Ministry of Internal Affairs of Russian Federation Academy and immediately passes to work in VTB bank. Three years later Patrushev became the Vice-President of VTB, and three more years later - the Chairman of the Board of Directors in Rosselkhozbank. In 2015 the Association of Russian Banks called Patrushev a banker of the year, having unexpectedly forgotten that Rosselkhozbank became the only loss-making bank following the results of 2014.

Дмитрий Патрушев

Photo: Dmitry Patrushev

Ivanov Jr. career developed even more smoothly. Sergey Ivanov finished MGIMO on a speciality Finance and Credit in 2002, after what he immediately became an expert of department of investment attraction of the Federal State Unitary Enterprise Gosincor. After that Ivanov Jr. was changing positions annually and in 2005 occupied a chair of vice-president of Gazprombank. After six years of working in this position Ivanov became the Chairman of the Board of Directors in Sogaz, and in April of this year − the Vice-President of Sberbank. Considering that Sergey Ivanov Sr. and Nikolay Patrushev were given new assignments not so long ago, most likely, their sons are soon expecting next deserved promotions.

State companies − favorite place of new generation of managerial elite. Son of the former Head of Foreign Intelligence Service Mikhail Fradkov, Pyotr has changed a number of posts for the last 16 years. After working in USA for four years (from 2000 to 2004) in Vnesheconombank on posts not above the Head of department, he returned to Russia, where his career quickly went uphill. Immediately upon return Fradkov received a post of the Deputy CEO of OJSC Far East Shipping Company. But two years later he returned to Vnesheconombank, though this time to hold a post of deputy director of directorate of the bank. Two years later, in 2007, he became member of board of the Bank of Development and Foreign Economic Activity (Vnesheconombank) state corporation and in 2011 − the Vice-Chairman. In the same year Fradkov returned to the post of the Deputy Chairman of the bank and in the summer of this year was transferred to the Russian export center. It should be noted, that among families close to Kremlin, Pyotr Fradkov − one of the few highly qualified specialists. He got an education in MGIMO, the Kingston business school and a RANEPA, has degree of Candidate of Economic Sciences and teaches in Higher School of Economics.    

Петр Фрадков

Photo: Pyotr Fradkov

Nothing personal, it is just business

However, some heirs of the authorities prefer to remain out of policy, what does not reflect in their level of living at all. Sergey Matviyenko, Maxim Vorobyov and Andrey Yakunin are most distinguished from them.

Valentina Matviyenko's son, though he managed to work in a number of banks close to the state, obviously prefers his own business. His first company, Severnaya Feyeriya Matviyenko created in 22, after it he also created Zodchy company. We can not say hos successful his business was, but after Valentina Matviyenko came to the Government of the Russian Federation, the bank career of her son went uphill. During this period, Sergey Matviyenko was gaining experience in Lenvneshtorg and Inkombank. In 2011 the young banker took a post of adviser to the Chairman of the Board for IT of one of the largest banks of the Northern Capital − St. Petersburg bank. Here Matviyenko grows to the Vice-President and in 2004 passes to a position of the Vice-President for information technologies of VTB. Two years later he headed VTB Capital (nowadays VTB Development). Today Matviyenko does not participate in management of these banks, however he remains a minority shareholder of St. Petersburg Bank.

Сергей Матвиенко

Photo: Sergey Matviyenko

Unlike Sergey Matviyenko, Andrey Yakunin and Maksim Vorobyov always stayed away from state-owned companies. Instead businessmen from early years acquired impressive equity, which certainly can not be explained by anything else, except outstanding talent. The graduate of economics department (1997), and then of postgraduate studies of St. Petersburg State University (2002), Andrey Yakunin continued his education at the London business school. In a year before graduating from it (2006) he became the CEO of Pribaltiyskaya hotel. This is the first place of employment in his official biography. In 2007 Yakunin created Venture Investments & Yield Management LLP investment fund (VIYM), in portfolio of which there are over 10 large investment projects.

Maksim Vorobyov is a son of the Senator from the Vologda region Yury Vorobyov and brother of the Governor of the Moscow region Andrey Vorobyov. Vorobyov’s history of success is written under the same script as Yakunin’s. Brilliant education − faculty of the international relations of MGIMO, then a year of Global Executive MBA of IESE business school. In 21 Maksim Vorobyov begins to work in the Russkoye Morye company (nowadays PJSC Russkaya Akvakultura), one of owners of which was his brother. Soon he became the Chief Executive, and in 2006 when Maxim Yuryevich was 26 years old, he became one of the main owners of PJSC Russkaya Akvakultura, after buying a share block from his brother Andrey (at that time, deputy of the State Duma of the Russian Federation). The company is one of the largest suppliers of fish in Russia.

Максим Воробьев

Photo: Maksim Vorobyov

Hereditary bureaucracy

The eldest son of senator Vorobyov made even more impressive career. By his example, Andrey Vorobyov proved that it is possible to get to higher levels of the government without working in state companies. After graduating All-Russian academy of foreign trade of the Ministry of Economic Development of the Russian Federation (economics department), and also Institute of communication management of HSE Vorobyov devoted some time to business, but quickly switched to political career. By 30 years he already worked in the Russian Government Office and became Sergey Shoygu's assistant. At the same time, Vorobyov in the best traditions of the All-Union Leninist Young Communist League began to move ahead on the party line. Starting in 2000 from a post of the President of Interregional public fund of support of All-Russian Political Party Unity and Fatherland − the Edinaya Rossiya, in 2002 Vorobyov became the Senator from Adygea, and a year later − the Deputy of the State Duma of the Russian Federation. After nine years of continued care of the people, Vorobyov moved to a chair of the Governor of the Moscow region, where he stays to this day.

Андрей Воробьев

Photo: Andrey Vorobyov

Only Igor Lebedev − the son of the scandalous politician Vladimir Zhirinovsky could surpass this farce. Following in the footsteps of the father, Lebedev has got legal education in Moscow State Law University. Even before graduating from the University he begun to work as the assistant of the Deputy… Vladimir Zhirinovsky. In 1997 the newly minted lawyer directed the office of LDPR faction in the State Duma. During the next two years Lebedev was adviser of the Minister of labor and social development. The advices were so good that in 1999 Lebedev becomes the deputy of the State Duma of the Russian Federation from LDPR party. In this invariable status he remains today.

Игорь Лебедев

Photo: Igor Lebedev

One more representative of hereditary bureaucracy is Pavel Fradkov − the younger son Mikhail Fradkov. He passed a regular blacksmith shop of a personnel of the Russian state administration: the Moscow Suvorov Military School, the FSB Academy, the Russian Foreign Ministry Academy. Right after graduating the last in 2005 Pavel Fradkov took up public service. Until recently did not hold noticeable posts. Since 2012 worked as deputy manager of the Federal Agency for State Property Management, last year Fradkov was appointed the Deputy Head of the President department affairs.

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