How Did Andrei Guryev Make His Money?

Andrei Guryev’s Profile Summary

Company	PhosAgro
Position	Former CEO, Current Board Member
Source of wealth	Fertilizer production
Also known as	Andrei Guryev
Age	65
Education	Moscow State Institute of International Relations (MGIMO)
Citizenship	Russian
Residence	Moscow, Russia
Family	Married
Website, Social Media	https://www.phosagro.com

Andrei Guryev’s biography

Andrei Guryev is a prominent Russian billionaire who built his wealth through his leadership in the fertilizer industry. Born in Russia, Guryev capitalized on the country’s economic shift during the 1990s when state assets were privatized. He became involved with PhosAgro, one of the world’s largest producers of phosphate-based fertilizers, and rapidly climbed its leadership ranks.

Under Guryev’s stewardship as CEO, PhosAgro achieved remarkable growth. He prioritized modernization, expanded production capacity, and steered the company toward the development of low-cadmium, environmentally friendly fertilizers. This focus allowed PhosAgro to gain significant traction in the European market, where stringent environmental regulations created demand for sustainable agricultural solutions.

In 2011, Guryev oversaw PhosAgro’s IPO on the Moscow Stock Exchange. This move not only raised substantial capital but also significantly increased the valuation of Guryev’s stake in the company. His commitment to vertical integration ensured PhosAgro maintained control over raw material supplies, stabilized production costs, and enhanced profitability.

Today, Guryev is celebrated for his strategic leadership and business acumen, which have made PhosAgro a cornerstone of the global agricultural industry. His story exemplifies the ability to navigate challenging economic transitions and create enduring business success.

How did Andrei Guryev make money?

Andrei Guryev’s wealth originates from his transformative role in PhosAgro, a leading producer of phosphate-based fertilizers. He entered the industry during the 1990s, a pivotal period of economic reform in Russia. Recognizing the potential in agriculture and fertilizer production, Guryev acquired significant stakes in PhosAgro during the privatization of state enterprises. This move positioned him as a major player in the industry.

As CEO, Guryev drove PhosAgro’s growth by emphasizing innovation and sustainability. He introduced advanced technologies to modernize production facilities and developed low-cadmium fertilizers that aligned with European environmental standards. These efforts made PhosAgro a global leader in eco-friendly agricultural products.

PhosAgro’s 2011 IPO on the Moscow Stock Exchange marked a defining moment in Guryev’s financial ascent. The public offering elevated the company’s valuation, substantially increasing the worth of his holdings. His strategic focus on vertical integration secured raw material supplies and reduced operational costs, ensuring steady profitability and long-term growth.

Guryev’s success is built on his ability to capitalize on market transitions, implement innovative solutions, and lead one of the most successful companies in the agricultural sector. His wealth reflects decades of strategic decision-making and a commitment to advancing sustainable practices in the global fertilizer market.
What is Andrei Guryev net worth?

As of 2025, Andrei Guryev’s net worth is estimated to be $9.9 B.

What is Andrei Guryev also known as?

Andrei Guryev is widely recognized for his leadership of PhosAgro, transforming it into a global leader in phosphate-based fertilizers. His contributions to the industry have made him a significant figure in Russian business circles.

Prominent achievements of Andrei Guryev

Under Andrei Guryev’s leadership, PhosAgro became one of the world’s largest producers of phosphate-based fertilizers. He was instrumental in the company’s public offering and its expansion into international markets.

What are Andrei Guryev’s key insights?

Andrei Guryev emphasizes innovation, operational efficiency, and long-term sustainability. He believes in adapting to global trends and prioritizing environmentally friendly practices to maintain a competitive edge.

Andrei Guryev’s personal life

Andrei Guryev is married and has two children. His son, Andrei Guryev Jr., has also played a significant role in PhosAgro, succeeding his father as CEO. The Guryev family is known for their close involvement in business and philanthropy.

Useful insights

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