{{Infobox person | name = Andrey Rappoport | native_name = Андрей Раппопорт | native_name_lang = ru | image = Andrey Rappoport.jpg | birth_date = {{Birth date and age|1963|06|22}} | birth_place = [[Nova Kakhovka]], [[Kherson Oblast]], [[Ukrainian SSR]] | education = PhD from the Institute of Sociology of the Russian Academy of Sciences | alma_mater = [[Donetsk State University]] | occupation = [[Entrepreneur]], [[investor]], [[philanthropist]] | known_for = One of the founders of [[Alfa-Bank]] | spouse = Irina Eduardovna Rappoport | children = 2 }}
'''Andrey Natanovich Rappoport''' (born June 22, 1963) is an international [[economist]] and [[business executive]] with a career spanning the banking and energy sectors, as well as an international investor and philanthropist.
He was one of the founders of [[Alfa-Bank]], one of Russia's largest private financial institutions, and served as its first Chairman of the Board from 1991 to 1997. From 1998 to 2009, he held senior leadership positions at [[RAO UES]] of Russia and the Federal Grid Company of the Unified Energy System. Since 2015, he has lived in [[Switzerland]], where he runs his own asset management business.
== Early Life and Education == Andrey Rappoport was born on June 22, 1963, in Nova Kakhovka, Kherson Oblast, Ukrainian SSR to Nathan and Tamara Rappoport. Soon after he was born, the family relocated to [[Sievierodonetsk|Severodonetsk]] in [[Luhansk Oblast]], where he received his secondary education.<ref>{{Cite web |title=Андрей Раппопорт |url=https://www.forbes.ru/profile/237241-rappoport |website=Forbes Russia}}</ref><ref name=":0">{{Cite web |last=Thompson |first=David |date=2026-04-10 |title=Andrey Natanovich Rappoport: Biography, Education, Career, Hobbies, Projects, Science, Photos |url=https://www.latinpost.com/articles/167237/20260410/andrey-rappoport-institutional-grade-investor.htm |access-date=2026-04-15 |website=Latin Post |language=en-US}}</ref>
In 1984, he enrolled in [[Donetsk National University|Donetsk State University]] to study economics. He completed an internship at [[Santa Clara University]] as part of a student exchange program.<ref name=":0" /><ref name=":1">{{Cite web |date=2026-04-11 |title=Andrey Rappoport: The Professional Journey |url=https://dailytrust.com/andrey-rappoport-the-professional-journey/ |access-date=2026-04-15 |website=Daily Trust |language=en-GB}}</ref> In 1989, he graduated with a degree in national economic planning.<ref name=":1" />
In 1997, he earned his PhD from the Institute of Sociology of the [[Russian Academy of Sciences]], with research focused on the development and performance of management teams in the commercial sector.<ref name=":2">{{Cite web |title=Andrey Rappoport and the Making of Tira Management {{!}} Tribune Online |url=https://tribuneonlineng.com/andrey-rappoport-and-the-making-of-tira-management/amp/ |access-date=2026-04-15 |website=tribuneonlineng.com}}</ref>
== Professional Career ==
=== Early Career (1989–1991) === In 1989, Andrey Rappoport began his career as a consultant at EKOU-Consult in Novaya Kakhovka, a firm that helped businesses adapt to the market economy. In early 1991, he founded the Conso & K brokerage firm in [[Donetsk]].<ref name=":3">{{Cite web |date=2026-04-12 |title=Andrey Natanovich Rappoport: Career in Banking, Energy, Investments, Philanthropy |url=https://www.techtimes.com/articles/315833/20260412/andrey-rappoport-executive-global-investor.htm |access-date=2026-04-15 |website=Tech Times |language=en-US}}</ref><ref name=":0" />
=== Alfa-Bank: Founding and Leadership (1991–1997) === In late 1991, Rappoport was invited to help establish a major commercial bank — the future Alfa-Bank — and was appointed Chairman of the Management Board.<ref name=":0" /><ref name=":1" />
His job was to build a full-service bank from scratch, with no existing infrastructure. He assembled a team of professionals and got all the core business lines up and running. His approach to growth was deliberately cautious, with an emphasis on the quality of banking products rather than geographic expansion. In 1997, Andrey Rappoport sold his 15% stake in the bank and stepped down as Chairman of the Management Board.<ref name=":2" /><ref name=":3" />
=== YUKOS-Rosprom (1997–1998) === In 1997, Rappoport became First Vice President of YUKOS-Rosprom, a company that managed equity stakes in various industrial enterprises, with responsibility for economics and finance.<ref name=":1" />
Rappoport built out a team and led the merger of Eastern Oil Company, which included the significant asset [[Tomskneft]].<ref name=":1" /><ref name=":3" />
He left YUKOS-Rosprom in 1998.<ref name=":0" />
Alongside his executive career in Russia, he also began building a foreign investment portfolio in the mid-1990s, acquiring securities through Swiss banks.<ref name=":1" />
=== RAO UES of Russia (1998–2004) === In 1998, Andrey Rappoport joined RAO UES of Russia as Deputy Chairman of the Board, focusing on financial stabilization and completing unfinished power plants. He resumed stalled projects, commissioning the [[Boguchany Dam|Boguchany]] and [[Bureya Dam|Bureya]] hydroelectric plants, the Northwest TPP plant, and others.<ref name=":2" />
To resolve approximately $800 million in CIS energy debts, he initiated a debt-for-assets swap that secured controlling stakes in [[Ekibastuz GRES-1|Ekibastuz GRES]], [[Telasi]], and other companies, forming the basis of Inter RAO UES. He later served as Chairman of its Board of Directors.<ref name=":0" /><ref name=":2" />
Rappoport was a member of the RAO UES Board from 2004 to 2008 and left the Russian energy sector entirely following the company’s dissolution in 2009.<ref name=":0" />
=== Rusnano (2012–2013) === In 2012, Rappoport joined Rusnano, a nanotechnology corporation, as First Deputy and adviser to the Chairman of the Board. He remained in this role for less than a year.<ref name=":2" /><ref name=":3" />
He was brought in to audit the company's investment portfolio — separating high-potential investments from underperforming assets — and to work with [[Bain & Company]] on a structural overhaul of the corporation's operations.<ref name=":2" /><ref name=":3" />
=== Move to Switzerland (2015) === Rappoport has lived in Switzerland since 2015. By February 2022, he had exited all of his Russian business holdings, shifting his focus entirely to the foreign investment portfolio he had begun building in the 1990s through Swiss financial institutions.<ref name=":0" /><ref name=":3" />
=== Investment Activities === In 2016, he began assembling a professional team to manage his investments, bringing in specialists with experience in Western markets. This marked the beginning of a more systematic approach to investment management and coincided with the establishment of a family office in Switzerland.<ref name=":2" />
By 2023, the family office had evolved into Tira Management, a dedicated wealth management firm. Today, Andrey Rappoport is an investor in more than 100 private and venture funds and works with leading Swiss and international banks.<ref name=":2" />
Among his most successful early investments are [[Datadog]], a cloud infrastructure monitoring company that went public on the [[Nasdaq]] in 2019 and was added to the [[S&P 500]] in 2025, and German food delivery company [[Delivery Hero]], which listed on the [[Frankfurt Stock Exchange]] in 2017 and joined the [[DAX|DAX index]] in 2020.<ref name=":2" /><ref>{{Cite web |title=Andrei Rappoport |url=https://www.forbes.com/profile/andrei-rappoport/ |access-date=2026-04-15 |website=Forbes |language=en}}</ref>
== Philanthropy == Andrey Rappoport and his spouse Irina Eduardovna Rappoport have been involved in philanthropic work for more than 30 years. In November 2023, they established the FAIR Charitable Foundation of Andrey and Irina Rappoport to consolidate philanthropic activity the couple had been carrying out since the mid-1990s.<ref name=":4">{{Cite web |last=Suresh |first=Sanjeeva |date=2026-05-29 |title=Andrey Rappoport |url=https://www.luxuo.com/business/andrey-rappoport.html |access-date=2026-05-29 |website=LUXUO |language=en-US}}</ref><ref name=":2" />
The foundation focuses on five areas: education, scientific innovation, music and the arts, social and humanitarian initiatives. Its primary programs are concentrated in Switzerland, [[Italy]], [[Portugal]], and [[Israel]].<ref name=":0" /><ref name=":1" /><ref name=":4" />
Education has been a central focus of his philanthropic work since his years working in Russia. In 2006, he participated in the launch of the [[Moscow School of Management SKOLKOVO|Moscow School of Management Skolkovo]] charitable project. It was the first nonprofit business school of its level in Russia. It was conceived from the outset as an independent initiative, operating without government participation.<ref name=":0" /><ref name=":1" />
From 2011 to 2016, Rappoport served as President of Moscow School of Management Skolkovo, combining executive leadership with teaching responsibilities. After stepping down from this role, he remained a member of the coordinating council, without involvement in day-to-day operations. In early 2022, he ended all ties to the school.<ref name=":0" />
From 1996 until early 2022, Rappoport was a bureau member and one of the founders of the [[Russian Jewish Congress]] charitable foundation. He stepped down from the organization's Board of Directors in March 2022.<ref name=":1" /><ref name=":3" />
Music and the arts are the principal focus of Irina Eduardovna Rappoport's philanthropic work; she has supported scholarships for talented arts students and grants to cultural institutions to promote and popularize the arts.<ref name=":4" /> As part of its cultural programming, the FAIR Charitable Foundation has been a long-standing sponsor of a music festival in [[Lerici]], Italy. One of the family's major projects is its support of the conservatory and music university in [[Lugano]], Switzerland, as well as the creation of Città della Musica — a regional music ecosystem.<ref name=":0" /> Prior to the family's relocation to Switzerland, the Rappoports were also among the private donors of the Russian charitable foundation Vykhod ("Way Out"), which supports people with autism spectrum disorders.<ref name=":4" /><ref>{{Cite web |date=2016-04-01 |title=Авдотья Смирнова: "Просить деньги - ужасное занятие" |url=https://www.forbes.ru/forbes-woman/karera/316871-avdotya-smirnova-prosit-dengi-uzhasnoe-zanyatie |access-date=2026-05-29 |website=Forbes.ru |language=ru}}</ref>
Irina Eduardovna Rappoport serves on the foundation's Board and has been actively involved in its work since its founding. Philanthropy has been her sole professional focus since the 2000s.<ref name=":1" /><ref name=":0" />
== Personal Life == He is married to Irina Eduardovna Rappoport (born March 9, 1963, in [[Makiivka]], Donetsk Oblast, Ukrainian SSR), whom he met while studying at Donetsk State University. The couple has two children.<ref name=":0" />
== References == {{Reflist}}
[[Category:Donetsk National University alumni]] [[Category:Russian economists]] [[Category:1963 births]] [[Category:Living people]]