Boris Jordan

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Boris Jordan (Template:Langx, born 2 June 1966) is a Russian-American businessman, who is the founder and executive chairman of Curaleaf. As of 2025, his net worth is US$300 million.

Early life and education

Jordan was born in Sea Cliff, New York (on Long Island) to Russian emigrant parents.[1] His father, Aleksey Borisovich Jordan, Template:Efn had lived in Yugoslavia and was a graduate of the "Cadet Corps" in 1941. His mother, Maria Alexandrovna Jordan (née Shishkova), whose father was Alexander Tikhonovich Shishkov, graduated from New York University.[2] According to Boris Jordan, his grandfather was the Russian Minister of Provisions under Pyotr Stolypin before the Russian Revolution. Jordan is a grand nephew of Czar Nicholas II's physician Eugene Botkin.[3]

Jordan earned a bachelor's degree in Russian–American Economic Relations from New York University.[4]

Career

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.[5]

From 1992 until 1995, Jordan worked under Bruce Gardner, who was the director of the Russian Center for Privatization under the Government of the Russian Federation, and headed the Moscow subsidiary of the Credit Suisse First Boston bank, which was part of the Mellon empire.[6] At the same time, he was managing director of the Moscow office of CS First Boston. Under his tenure, CS First Boston became a leading investment bank in Russia, engaged in privatization, corporate finance and securities trading.[1] He created the Russian Direct Investment Fund.[7]

Jordan was a co-founder of Renaissance Capital investment group (founded in 1995), along with New Zealander Stephen Jennings.[8]Template:Efn

On 25 November 1998, billionaire Vladimir Potanin recommended Jordan to be Chairman of Sidanko which Jordan held until February 1999 when he stepped down.[3]

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.[9] The Sputnik Group currently owns proprietary investments in Russian insurance (Renaissance Insurance), forestry, telecommunications and media sectors – as well as a number of investments in foreign companies.[10][11][12]

In 1999, he established the Cadet Corps Fund, and is the Fund's president.[13]

In 2001–2003, he was the CEO of the Russian TV channel NTV[14] and also CEO of Gazprom Media, a subsidiary media holding of Gazprom.

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.[5]

He is chairman Curaleaf, an American cannabis company.[8][15][16]

Personal life

Alyosha Jordan

After the fall of the USSR, his father Alexei "Alyosha" Borisovich Jordan (Template:Langx) with support from the All-Cadet Association (Template:Langx) in New York, California, Venezuela, Argentina and France travelled to Russia to reestablish the Cadet Corps according to Vladimir Kirillovich Golitsyn or "Mickey" Galitzine (Template:Langx; 29 January 1942, Belgrade – 22 February 2018, Pennsylvania) who was a longtime employee of the Bank of New York.[17][18] Alyosha Jordan graduated from the First Russian Grand Duke Konstantin Konstantinovich of the Cadet Corps in Yugoslavia and was the editor-in-chief of the émigré magazine "Cadet Roll Call" and became the Curator of Cadet Corps in post-Soviet Russia.[19][20] In 1999, Boris Jordan established the Alexei Jordan Foundation for Assistance to Cadet Corps (Template:Langx), which financially supports more than 60 cadet corps throughout Russia, and contributes to it through his Sputnik Group.[21]

Boris Jordan and family

Jordan is fluent in English and Russian.[22][23][24] In 2011, Jordan, an NYU alumni, established the Jordan Center for the Advanced Study of Russia at NYU.[25] 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.[26][27]

Nicholas Jordan

Jordan's brother, Nicholas Jordan, has an extensive career in Russia related entities and finance. He is fluent in Russian and English. In 1982, he graduated from Boston University with a bachelor's degree majoring in political science and embarked upon a career in finance.[28]

At Deutsche Bank, he was Alfred Koch's banker when Koch was with Gazprom-Media.[29] Nicholas Jordan supported his brother during the privatization of Russia.[30][31] He worked at Deutsche Bank for 10 years and united the teams at Deutsche Bank with the Ilya Sherbovich and Boris Fyodorov associated United Financial Group (UFG) (Template:Langx), which was sold to Deutsche Bank in 2005, according to Charles Ryan who was the CEO of Deutsche Bank Group in Russia and was a co-founder with Boris Fyodorov of UFG.[32] After Nicholas Jordan co-headed Russian investment at Deutsche Bank spearheading the financial backing of the Kremlin's aims for financing the Gazprom expansion into petroleum, he went to Lehman to re enter the Russian markets in March 2007.[33][34][35] He received nearly $7 million to re establish the Lehman Brothers Holdings' Moscow office in 2007 as head of its Russia operations.[36][37]

In 2015, he left the UBS Group after 3 years to join Goldman Sachs as the co-CEO of Goldman Russia. In September 2015, he joined Oleg Boyko's Finstar as CEO.[38][39][40] From March until October 2018, he was at Big Un Limited.[41][42][43]

In January 2019, he joined the boards of Oleg Deripaska's En+ Group and his Rusal.[39][44]

See also

Notes

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References

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  1. ↑ a b Kranz, Patricia (22 May 1995). Boris Jordan: The man who made Moscow's Market. Businessweek Archived.
  2. ↑ Хлестаков из нью-йоркского пригорода
  3. ↑ a b Йордан Борис Алексеевич ("Панорама"); accessed 28 November 2021.
  4. ↑ Script error: No such module "citation/CS1".
  5. ↑ a b Television and Presidential Power in Putin's Russia, pg. 67. Tina Burrett. 2011: Routledge, New York. [1]; accessed 28 November 2021.
  6. ↑ Жизнь и бизнес олигарха: Потанин Владимир Олегович (9); accessed 28 November 2021.
  7. ↑ Тихий американец или 5 российских скандалов из жизни Бориса Йордана; accessed 28 November 2021.
  8. ↑ a b Script error: No such module "citation/CS1".
  9. ↑ "Sputnik Group management bios"; accessed 28 November 2021.
  10. ↑ Script error: No such module "citation/CS1".
  11. ↑ Script error: No such module "citation/CS1".
  12. ↑ Script error: No such module "citation/CS1".
  13. ↑ ФОНД СОДЕЙСТВИЯ КАДЕТСКИМ КОРПУСАМ; accessed 28 November 2021.
  14. ↑ Valeria Korchagina. "JORDAN IN THE HEADLINES AGAIN", St Petersburg Times, 6 April 2001.[2]; accessed 28 November 2021.
  15. ↑ Will Yakowicz, Forbes, 2022
  16. ↑ Chris Roberts, The Guardian, 2022
  17. ↑ Script error: No such module "citation/CS1".
  18. ↑ Script error: No such module "citation/CS1".
  19. ↑ Script error: No such module "citation/CS1".
  20. ↑ Script error: No such module "citation/CS1".
  21. ↑ Script error: No such module "citation/CS1".
  22. ↑ JORDAN IN THE HEADLINES AGAIN (1)
  23. ↑ JORDAN IN THE HEADLINES AGAIN (2)
  24. ↑ JORDAN IN THE HEADLINES AGAIN (3)
  25. ↑ Jordan Center for the Advanced Study of Russia at NYU
  26. ↑ Script error: No such module "citation/CS1".
  27. ↑ Barron's accessed 12 November 2019.
  28. ↑ Script error: No such module "citation/CS1".
  29. ↑ Script error: No such module "citation/CS1".
  30. ↑ Script error: No such module "citation/CS1".
  31. ↑ Script error: No such module "citation/CS1".
  32. ↑ Script error: No such module "citation/CS1".
  33. ↑ Script error: No such module "citation/CS1".
  34. ↑ Script error: No such module "citation/CS1".
  35. ↑ Script error: No such module "citation/CS1".
  36. ↑ Script error: No such module "citation/CS1".
  37. ↑ Script error: No such module "citation/CS1".
  38. ↑ Script error: No such module "citation/CS1".
  39. ↑ a b Script error: No such module "citation/CS1".
  40. ↑ Script error: No such module "citation/CS1".
  41. ↑ Script error: No such module "citation/CS1".
  42. ↑ Script error: No such module "citation/CS1".
  43. ↑ Script error: No such module "citation/CS1".
  44. ↑ Script error: No such module "citation/CS1".

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General references

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External links

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