{{Short description|Russian businessman}} {{Infobox person | name = Gavril Yushvaev | birth_date = July 23, 1957 | birth_place = Makhachkala, Dagestan | occupation = Businessman, investor }} '''Gavril A. Yushvaev''' ({{langx|ru|Гаврил Юшваев}}; born 23 July 1957) is a Russian-born Israeli businessman and investor. He is best known as a co-founder of [[Wimm-Bill-Dann Foods|Wimm Bill Dann]] and as an investor in [[Polyus Gold]].
According to ''[[Forbes]]'', Yushvaev's net worth stood at $1.9 billion as of 2023.<ref name="Forbes">{{Cite web |last=McEvoy |first=Jemima |title=Why Israel Became A Safe Haven For Russian Billionaires |url=https://www.forbes.com/sites/jemimamcevoy/2022/04/28/why-israel-became-a-safe-haven-for-russian-billionaires/ |access-date=2023-03-03 |website=Forbes}}</ref>
==Biography== Gavril Yushvaev was born in [[Makhachkala]], [[Dagestan]].<ref name="CrimeRussia2">{{cite web |date=22 November 2016 |title=Against interests of powerful owners: why attempted takeover of Inskoy Pit failed? |url=https://en.crimerussia.com/corruption/against-interests-of-powerful-owners-why-attempted-takeover-of-inskoy-pit-failed/ |access-date=10 February 2019 |archive-date=20 November 2019 |archive-url=https://web.archive.org/web/20191120024351/https://en.crimerussia.com/corruption/against-interests-of-powerful-owners-why-attempted-takeover-of-inskoy-pit-failed/ |url-status=dead }}</ref> He has been certified by the Israeli Community of Porto as a descendant of [[Sephardic Jews]].<ref name="Forbes"/>
In 1980, Yushvaev was convicted of robbery and spent nine years in a Soviet prison camp, a fact disclosed in Wimm-Bill-Dann's [[prospectus (finance)|prospectus]] for its 2002 IPO.<ref name="Forbes"/> Following his release in 1989, he partnered with [[David Yakobashvili]]. In 1993, the two invested in the Lianozovo Dairy Plant, which later became [[Wimm-Bill-Dann Foods|Wimm Bill Dann]].<ref name="CrimeRussia2"/> In 2020, he applied for [[Portuguese people|Portuguese citizenship]], but the application remained pending as of 2023.<ref>{{Cite web |last= |date=2023-03-14 |title=Gavril Yushvaev? "É sefardita de origem portuguesa" |url=https://www.noticiasaominuto.com/pais/2250792/gavril-yushvaev-e-sefardita-de-origem-portuguesa |access-date=2023-07-22 |website=Notícias ao Minuto |language=pt}}</ref>
==Business ventures== Yushvaev amassed his wealth in the 1990s as co-founder of Trinity, a company that owned a range of businesses in [[Moscow]]. He subsequently invested in [[Wimm-Bill-Dann]], a dairy and juice producer. The company was founded in 1995<ref name="Goldman">Marshall I. Goldman, ''The Piratization of Russia: Russian Reform Goes Awry'' (Routledge, 2003), p. 217.</ref> and held its [[initial public offering]] in 2002.<ref name="Forbes"/> Yushvaev remained the largest shareholder until 2010, when he sold his 19.6 per cent stake to [[PepsiCo]] for $1.1 billion.
In 2013, Yushvaev, together with another Russian businessman, acquired a 38 per cent stake in [[Polyus Gold]] from [[Mikhail Prokhorov]] for $3.6 billion.<ref>Karlee Weinmann, [https://www.law360.com/articles/417781/billionaire-pair-pays-3-6b-for-tycoon-s-polyus-gold-stake Billionaire Pair Pays $3.6B For Tycoon's Polyus Gold Stake], ''Law360'' (22 February 2013).</ref> He sold his holding in Polyus Gold in 2015<ref>{{cite web|url=https://www.kommersant.ru/doc/2846827|title=Polyus Gold стала почти семейным предприятием|author=|date= 4 November 2015|publisher=kommersant.ru|language=ru|accessdate=2 February 2023}}</ref><ref>{{cite web|url=https://www.reuters.com/article/orubs-polyus-delisting-idRUKCN0RU2CE20150930|title=Polyus Gold стала почти семейным предприятием|author=Диана Асонова|date= 30 September 2015|publisher=reuters.com|language=ru|accessdate=2 February 2023}}</ref> and, in the same year, made a $100 million investment in [[Lyft]] and joined a consortium that invested $150 million in Humacyte, a US-based biotechnology company. He had earlier invested in the German delivery service [[Delivery Hero]] in 2013, and in the software company [[Domo, Inc.|Domo]] in 2018.<ref name="Forbes"/>
Yushvaev maintains a [[holding company]] in [[Cyprus]].<ref>{{Cite web |last=Samuel |first=Juliet |date=2013-03-29 |title=City Diary: oligarchs cut storm damage |url=https://www.thetimes.com/article/city-diary-oligarchs-cut-storm-damage-26cqwxvppn8 |access-date=2024-09-30 |website=[[The Times]]}}</ref>
==Personal life== Yushvaev is married and has eight children.<ref name="Forbes"/><ref>{{Cite web |title=Гаврил Юшваев и семья |url=https://www.forbes.ru/profile/gavril-yushvaev |access-date=2024-09-30 |website=Forbes.ru |language=ru}}</ref>
==References== {{reflist}}
{{DEFAULTSORT:Yushvaev, Gavril}} [[Category:Russian oligarchs]] [[Category:1957 births]] [[Category:Living people]] [[Category:Russian billionaires]] [[Category:Russian businesspeople in the food industry]] [[Category:People from Makhachkala]] [[Category:Russian businesspeople in Israel]]
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