Quotes by Vladimir Potanin

About Vladimir Potanin:

Vladimir Olegovich Potanin is a Russian billionaire entrepreneur and oligarch. He acquired his wealth notably through the controversial loans-for-shares program in Russia. He is one of the wealthiest men in Russia, with an estimated net worth of $12.7 billion (Forbes 2014). His long-term business partner was Mikhail Prokhorov until they decided to split in 2008. Subsequently, they put their mutual assets in a holding company, Folletina Trading, until their asset division was agreed upon.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

To create a big company, you need more partners, as it is hard to handle such a project alone. Such projects bring access to the expertise and management resources of the partners, and their connections above all.

Vladimir Potanin

After I met my partner, Mr. Protherow, we decided to start a banking project, and at the same time we started to think already about a business on a bigger scale. At the very beginning we thought more about gaining money, to have a normal life with o...

Vladimir Potanin

Everybody starts with creating or acquiring certain property in order to create the material to work with. When we started our business, we thought first of all about development, how to grow, and we managed to do this, even with all the difficulties...

Vladimir Potanin

There are ways of fighting for your interests. I never do something in business that I wouldn't do in life.

Vladimir Potanin

For a rich and reasonably successful guy, it is impossible not to enjoy your job; otherwise, why would you spend so much time and effort doing it? I am a great fan of Norilsk, and I like this kind of challenge.

Vladimir Potanin

It is not good to demonstrate your luxury and your wealth: to rub it in the faces of others is insulting. So you should be modest; try not to insult people by showing that you can do what they cannot.

Vladimir Potanin

When you supervise something, it is one thing. When you are in the middle of something, there is a different pace of life.

Vladimir Potanin

Frankly speaking, I decided to become a businessman at the moment when I understood that it is possible, because I grew up in a country where it was not possible. There existed even a special article in the penal code of the Soviet Union which punish...

Vladimir Potanin

For me, my father was, and still is, a symbol of qualified persons in the Ministry of Foreign Trade under Soviet conditions.

Vladimir Potanin

It is not so much that I am a blue-blooded oligarch: I just don't feel like an oligarch.

Vladimir Potanin

Many people say the privatisation was unfair: that is true - it was unfair. That is a fact: some people became rich and others did not. Unfair does not mean illegal, but it was inevitably unfair.

Vladimir Potanin

I am not trying to say that I am poor and that I don't like beautiful things. But I don't like luxury for luxury sake or in the sense of showing off luxury.

Vladimir Potanin

The Interros strategy toward various assets generally depends on the stage of their development and level of their maturity.

Vladimir Potanin

Author Bio

  • NameVladimir Potanin
  • DescriptionBusiness entrepreneur
  • BornJanuary 3, 1961
  • CountryRussia
  • ProfessionBusinessperson
  • AwardsOfficier Des Arts Et Des Lettres?; Medal "In Commemoration Of The 300th Anniversary Of Saint Petersburg"; Medal Of The Order For Services To The Fatherland, Ist Degree; Order For Services To The Fatherland 4th Degree