Mikhail Khabarov Net Worth

Biography of Mikhail Khabarov

Mikhail Valentinovich Khabarov is a top manager, co-owner and manager of the investment company Alfa Capital, chief executive officer of Trust Bank.

Early years and education

The small homeland of Mikhail Khabarov is the city of Zlatoust, Chelyabinsk Region, where he was born on March 12, 1971. Almost nothing is known about the childhood and youth of a successful top manager.

In 1989, he entered the Moscow Institute of Steel and Alloys (MISIS), four years later he became a certified specialist in the automation of metallurgical production. In 1994, Mikhail became a specialist in economic and financial law, having graduated from the Higher Commercial School, supervised by the Russian Ministry of Foreign Economic Relations.

In 1998, he became the first Russian student at Pepperdine University, a California business school, from which he graduated in 2001 with a Master of Business Administration (MBA) degree.


Mikhail Khabarov’s professional path began with Inkombank, which ranked fifth in the ranking of the most successful banks in Russia in 1994, when a young specialist came there as an analyst in the iron and steel industry. He continued his activities in Inkombank until 1998, when the bank’s license was revoked. In 1996, Khabarov became deputy general director of the Chelyabinsk financial and industrial group Magnitogorsk Steel, responsible for economics, investment and strategic development.

After the default of 1998, Mikhail Valentinovich realized that this was a great moment to study abroad and went to the USA to get an MBA from the business school at Pepperdine University (Pepperdine University).

Returning to Russia in 2001, he took the position of financial director at the ROSNO insurance company, which he held until April 2005. Until August 2006, he was the General Director of the Management Company Alliance ROSNO Asset Management, formed as a result of the merger of two companies: Deutscher Investment Trust LLC and Sistema Investments.

Mikhail Khabarov and his wife

Since August 2006, the name of Mikhail Khabarov has been inextricably linked with the investment structures of Alfa Group: for 4 years he held a senior position in the Alfa Capital Management Company, from October 2010 to November 2014 he was the president of the investment company A1, and also served on the Supervisory Board of Alfa Group . Later he became a co-owner of Alfa Capital.

Many colleagues noted the professionalism of Khabarov during his work at A1. The main activity of the company was investments in organizations in financial crisis or corporate conflict. By October 2013, the A1 portfolio added joint ventures with the state bank of Ireland IBRC – the Formula Kino cinema chain, the Belmarket supermarket chain, Nezavisimost Group of Companies, etc.

Under Khabarov, A1 managed to take a leading position in the investment field. As A1 business partner Andrey Elinson stated in an interview, Khabarov’s ability to find the most promising projects and bring them to the end at all costs played an important role in this.

The evaluation of Mikhail Khabarov’s activity in the professional community was the Aristos Association of Managers award, presented to the best top managers of leading Russian companies.

From February 2015 to August 2017, he was a partner of Delovye Linii Group of Companies and headed its Board of Directors.

In 2017, Alfa Capital investment company and its team received three awards at once at the SPEAR’s Russia Wealth Management Awards, traditionally awarded to businessmen and top managers who have had an impact on the wealth management industry. AK won in the nominations “Best Management Company” and “Legendary Team”.

In 2017, the volume of assets under management of JSC increased to 240 billion rubles. Personally, Mikhail Khabarov won in the personal nomination “Industry Legend”. According to him:

Being a legend is certainly an honor. At the same time, it is important not to become history ahead of time. To do this, you need to move faster than the world and business are changing.

Personal life

Mikhail Khabarov is married, his wife is Olga Khabarova, marketing specialist. The couple raised three children: two daughters and a son. As a leisure activity, he prefers active rest with his family.

Mikhail Khabarov with his wife

Mikhail Khabarov now

Currently, Mikhail Khabarov is a co-shareholder of Alfa Capital and is a member of the company’s Board of Directors.

In May 2019, he was appointed CEO and manager of the bad debt portfolio at Trust Bank, which was established in the summer of 2018 to stabilize the financial sector.

Trust President Alexander Sokolov took the appointment with optimism, noting that Khabarov is one of the best managers in Russia with experience in working with distressed assets.