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Vladimir Potanin [1961-0] Russian

Rank: 101
Businessman, Entrepreneur

Vladimir Olegovich Potanin is a Russian billionaire and entrepreneur. 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 $13.5 billion. His long-term business partner was Mikhail Prokhorov until they decided to split in 2008.

Quote	Tags	Rank
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 our families, etc.		101
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.		102
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.		103
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.		104
The Interros strategy toward various assets generally depends on the stage of their development and level of their maturity.		105
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.		106
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 punished entrepreneurial activity.		107
For me, my father was, and still is, a symbol of qualified persons in the Ministry of Foreign Trade under Soviet conditions.		108
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 and all the difficult rules that were implemented in Russia at that time.		109
It is not so much that I am a blue-blooded oligarch: I just don't feel like an oligarch.		110
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.		111
There are ways of fighting for your interests. I never do something in business that I wouldn't do in life.		112
When you supervise something, it is one thing. When you are in the middle of something, there is a different pace of life.		113

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