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Valērijs Kargins

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Valērijs Kargins

Valērijs Kargins or Valery Mikhailovich Kargin (Russian: Вале́рий Миха́йлович Каргин; born 27 March 1961, in Riga) is a Latvian[1][2] economist and banker was the president of Parex Banka, from 1998 to 2008.[3] In October 2000, he and Viktor Krasovitsky had accumulated over 200 million lats together.[1][2] He created the first travel agency and the first currency exchange corporation in the Soviet Union.[1][2]

Biography

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Kargins was born in Riga on 27 March 1961.[4][5] His parents were Mikhail Kargin (Russian: Михаил Каргин) b. 1926 in Novosibirsk Oblast) and Dina Grozdeva (Russian: Дина Гроздева) b. 15 October 1931 in Tatarsky District, Novosibirsk Oblast), who was raised by a Soviet serviceman.[4][5][6] After his parents were married in 1951 at Novosibirsk where his father was a senior lieutenant in the Soviet Army, they moved to Riga.[4][5] However, he was raised by his stepfather Georgy (Russian: Георгий) whom the young Kargin considered his real father.[6] He has two brothers: Georgy (Russian: Георгий), who is older, and Vadim (Russian: Вадим b. 1969), who is a younger step-brother.[6] He worked at Komutator in Riga for two months as a loader but he did not enjoy physical labor so he enrolled at university to study journalism.[7] In 1983, he finished the faculty of journalism at the University of Latvia. Then, from 1983 to 1991, he opened one of the first travel agencies in the Soviet Union, in the Latvian Soviet Socialist Republic (Latvian SSR). Then, between 1988 and 1992, he became the director of Parex corporation, which is a travel agency and currency exchange that he and his business partner Viktor Krasovitsky [lv; lt] (Latvian: Viktors Krasovickis) formed.[7] In 1991, he became the first to create a currency exchange corporation in the Union of Soviet Socialist Republics (USSR). The following year, he became the president of Parex Bank.[7] From 1998 to 2008, he was the president and the chairman of Parex Bank.[8]

In 2003, he was the richest man in the Baltics with a wealth of around €300 million.[9]

In October 2008 before the demise of Parex Bank in November 2008, Kargins wealth was estimated by Baltic Screen to be €309 million (220 million lats).[10]

Personal

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Ksenia Sobchak interviewed Kargins in Riga about the time that she and Oksana Robski [ru] released the perfume Married to a Millionaire (Russian: «Zамуж за миллионера»).[11]

He has two sons with Tatyana Kargins from his first marriage which ended in divorce in 2006 and, from his second marriage, a daughter with Anna Barinova.[12][13][14]

References

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  1. ^ a b c Watts, Christopher (October 2, 2000). "Survival Of The Fittest". Forbes. p. 1. Archived from the original on August 10, 2001. Retrieved November 29, 2011.
  2. ^ a b c Watts, Christopher (October 2, 2000). "Survival Of The Fittest". Forbes. p. 2. Archived from the original on August 22, 2001. Retrieved November 29, 2011.
  3. ^ "Parex banka signs agreement with Government". Parexgroup.com. Retrieved 2011-10-29.
  4. ^ a b c "Iesniegumi: Uzziņa par Valēriju Karginu pilsonības piešķiršanas lietā (Saeimas dok.nr.3400a)" [Submissions: Inquiry about Valery Kargin in a case of granting citizenship (Saeimā doc. No. 3400a)]. Latvijas Vēstnesis (in Latvian). 12 November 1997. Archived from the original on 12 March 2016. Retrieved 1 December 2020.
  5. ^ a b c "Saeimā No. 306/307 (1021/1022)". Latvijas Vēstnesis (in Latvian). 25 November 1997. Archived from the original on 13 March 2016. Retrieved 1 December 2020. See 51. — lēmuma projekts "Par Valērija Kargina uzņemšanu Latvijas pilsonībā par īpašiem nopelniem Latvijas labā" (item 51. - draft decision "On the admission of Valery Kargin to Latvian citizenship for special merits in favor of Latvia"). In November 1997, the votes to grant Kargin Latvian citizenship were: "For - 49, against - 18, abstentions - 2. Valērijs Kargins has been admitted to Latvian citizenship."
  6. ^ a b c Лапса, Лато (Lapsa, Lato) [in Latvian] (2009-05-16). "Vesti.lv: Каргин Superstar. Часть 2" [Kargin Superstar. Part 2]. vesti.lv (in Russian). Archived from the original on 2020-11-25. Retrieved 2020-12-01.{{cite web}}: CS1 maint: multiple names: authors list (link)
  7. ^ a b c Белинская, Ирина (Belinskaya, Irina) (1996-09-11). "Валерий Каргин: "Люблю когда люди выживают"" [Valery Kargin: "I love when people survive."]. Журнал "Коммерсантъ Деньги" №32 от 11.09.1996, стр. 16 (in Russian). Archived from the original on 2020-12-02. Retrieved 2020-12-01.{{cite news}}: CS1 maint: multiple names: authors list (link)
  8. ^ "Parex: О нас" [Parex: About us]. parex.lv (in Russian). Archived from the original on 14 February 2012. Retrieved 1 December 2020.
  9. ^ Borikova, Alla. "The Magnificent Ten". The Baltic Course. Retrieved 2020-12-01.
  10. ^ Петрова, Светлана (Petrova, Svetlana) (17 November 2008). "Ориентация на восток" [Orientation to the east.]. Ведомости (Vedomosti) - SmartMoney # 43 (133) (in Russian). Archived from the original on 31 January 2009. Retrieved 1 December 2020.{{cite news}}: CS1 maint: multiple names: authors list (link)
  11. ^ Румянцева, Юлия (Rumyantseva, Julia) (1 March 2007). "В чем Собчак уступила Каргину? Самая стильная девушка России отвечает на вопросы "Субботы"" [In what way did Sobchak lose to Kargin? The most stylish girl in Russia answers the questions of "Saturday"]. ubbota.com (Суббота) (№ 9) (in Russian). Archived from the original on 23 October 2007. Retrieved 25 November 2020.{{cite news}}: CS1 maint: multiple names: authors list (link)
  12. ^ Комаров, Кирилл (Komarov, Kirill) (16 March 2006). "Развод миллионера" [Millionaire Divorce]. Vzglyad Взгляд Деловая газета (in Russian). Archived from the original on 25 November 2020. Retrieved 25 November 2020.{{cite news}}: CS1 maint: multiple names: authors list (link)
  13. ^ "Kargins esot visu pazaudējis tikai tamdēļ, ka pārlieku aizrāvies ar mīlas lietām" [Kargin has lost everything only because he is too obsessed with love things]. vipi.lv (in Latvian). 12 November 2008. Archived from the original on 5 March 2016. Retrieved 25 November 2020.
  14. ^ Спруслане, Яна (Spruslane, Yana) (25 January 2007). "Татьяна Каргина: "Верю в дружбу, справедливость и любовь!" Личная жизнь самой завидной невесты Латвии" [Tatyana Kargina: "I believe in friendship, justice and love!" Personal life of the most enviable bride in Latvia]. subbota.com (Суббота) (№ 4) (in Russian). Archived from the original on 11 July 2007. Retrieved 25 November 2020.{{cite news}}: CS1 maint: multiple names: authors list (link)
  • Каргин, Валерий (Kargin, Valery) (2005). Деньги и люди [Money and people] (in Russian). Riga: Atēna. ISBN 9984-34-150-X.{{cite book}}: CS1 maint: multiple names: authors list (link)
  • Каргин, Валерий (Kargin, Valery) (2005). Nauda un cilvēki [Money and people] (in Latvian). Riga: Atēna. ISBN 9984-34-151-8.{{cite book}}: CS1 maint: multiple names: authors list (link)
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