Boris Jordan
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Boris Jordan (russian: Борис Алексеевич Йордан, born 2 June 1966) is a Russian-American billionaire businessman, who is the founder and executive chairman of Curaleaf. As of December 2021, his net worth is
USD The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...
$1.6 billion.


Early life and education

Jordan was born in
Sea Cliff, New York Sea Cliff is a village located within the Town of Oyster Bay in Nassau County, on Long Island, in New York, United States. As of the 2010 United States census, the village population was 4,995. Geography According to the United States Census Bu ...
(on
Long Island Long Island is a densely populated island in the southeastern region of the U.S. state of New York (state), New York, part of the New York metropolitan area. With over 8 million people, Long Island is the most populous island in the United Sta ...
) to Russian emigrant parents.Kranz, Patricia (22 May 1995)
Boris Jordan: The man who made Moscow's Market
''
Businessweek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...
'
Archived
His father, Aleksey Borisovich Jordan , had lived in Yugoslavia and was a graduate of the "Cadet Corps" in 1941. His mother, Maria Alexandrovna Jordan (
née A birth name is the name of a person given upon birth. The term may be applied to the surname, the given name, or the entire name. Where births are required to be officially registered, the entire name entered onto a birth certificate or birth re ...
Shishkova), whose father was Alexander Tikhonovich Shishkov, graduated from
New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then-Secretary of the Treasury Albert Gallatin. In 1832, the ...
.Хлестаков из нью-йоркского пригорода
/ref> According to Boris Jordan, his grandfather was the Russian Minister of Provisions under
Pyotr Stolypin Pyotr Arkadyevich Stolypin ( rus, Пётр Арка́дьевич Столы́пин, p=pʲɵtr ɐrˈkadʲjɪvʲɪtɕ stɐˈlɨpʲɪn; – ) was a Russian politician and statesman. He served as the third prime minister and the interior minist ...
before the Russian Revolution. Jordan is a grand nephew of
Czar Tsar ( or ), also spelled ''czar'', ''tzar'', or ''csar'', is a title used by East and South Slavic monarchs. The term is derived from the Latin word '' caesar'', which was intended to mean "emperor" in the European medieval sense of the t ...
Nicholas II Nicholas II or Nikolai II Alexandrovich Romanov; spelled in pre-revolutionary script. ( 186817 July 1918), known in the Russian Orthodox Church as Saint Nicholas the Passion-Bearer,. was the last Emperor of Russia, King of Congress Pola ...
's physician
Eugene Botkin Yevgeny Sergeyevich Botkin (russian: Евгений Сергеевич Боткин; 27 March 1865 – 17 July 1918), commonly known as Eugene Botkin, was the court physician since 1908 for Tsar Nicholas II and Tsarina Alexandra. He sometimes ...
.Йордан Борис Алексеевич ("Панорама")
accessed 28 November 2021.
Jordan earned a bachelor's degree in Russian–American Economic Relations from
New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then-Secretary of the Treasury Albert Gallatin. In 1832, the ...
.


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.Television and Presidential Power in Putin's Russia, pg. 67. Tina Burrett. 2011: Routledge, New York

accessed 28 November 2021.
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 Credit Suisse First Boston (also known as CSFB and CS First Boston) is the investment banking affiliate of Credit Suisse headquartered in New York. The company was created by the merger of First Boston, First Boston Corporation and Credit Suisse, ...
bank, which was part of the Mellon empire. At the same time, he was Managing Director of the Moscow office of
CS First Boston Credit Suisse First Boston (also known as CSFB and CS First Boston) is the investment banking affiliate of Credit Suisse headquartered in New York. The company was created by the merger of First Boston Corporation and Credit Suisse Group in 198 ...
. Under his tenure, CS First Boston became a leading investment bank in Russia, engaged in privatization, corporate finance and securities trading. He created the
Russian Direct Investment Fund The Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund established in 2011 by the Russian government to make investments in companies of high-growth sectors of the Russian economy. Its mandate is to co-invest alongside the wo ...
. Jordan was a co-founder of Renaissance Capital investment group (founded in 1995), along with New Zealander Stephen Jennings. On 25 November 1998, billionaire
Vladimir Potanin Vladimir Olegovich Potanin (russian: Владимир Олегович Потанин; born 3 January 1961) is a Russian billionaire businessman. He acquired his wealth notably through the controversial loans-for-shares program in Russia in ...
recommended Jordan to be Chairman of
Sidanko Sidanko (Сиданко; russian: Сибирско-Дальневосточная нефтяная компания, , Siberian-Far Eastern Oil Company) was a Russian oil company, the 8th largest company in the country by revenue in 1995. Sidanko ow ...
which Jordan held until February 1999 when he stepped down. 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. 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. In 1999, he established the Cadet Corps Fund, and is the Fund's president. In 2001-2003, he was the CEO of the Russian TV channel
NTV NTV may refer to: Television * NTV (Bangladesh), a Bengali-language satellite television channel in Bangladesh * NTV (India), Telugu regional channel * NTV (Kenya) * NTV (Mongolia), a television channel based in Mongolia * NTV (Newport Television) ...
and also CEO of
Gazprom Media Gazprom-Media (russian: ОАО Газпром-Медиа) is the largest Russian media holding. Gazprom-Media was established in January 1998 as a subsidiary of the 1997 established Gazprom Media Holdings. On its founding in 1997, Gazprom Media H ...
, a subsidiary media holding of
Gazprom PJSC Gazprom ( rus, Газпром, , ɡɐzˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the larges ...
. Later appointed chief executive of Russia's
Gazprom Media Gazprom-Media (russian: ОАО Газпром-Медиа) is the largest Russian media holding. Gazprom-Media was established in January 1998 as a subsidiary of the 1997 established Gazprom Media Holdings. On its founding in 1997, Gazprom Media H ...
as well as general director of its
NTV NTV may refer to: Television * NTV (Bangladesh), a Bengali-language satellite television channel in Bangladesh * NTV (India), Telugu regional channel * NTV (Kenya) * NTV (Mongolia), a television channel based in Mongolia * NTV (Newport Television) ...
television network, Jordan was forced to resign in early 2003 under political pressure. He is chairman Curaleaf, an American
cannabis ''Cannabis'' () is a genus of flowering plants in the family Cannabaceae. The number of species within the genus is disputed. Three species may be recognized: ''Cannabis sativa'', '' C. indica'', and '' C. ruderalis''. Alternatively ...
company. Will Yakowicz, Forbes, 2022 Chris Roberts, The Guardian, 2022


Personal life


Boris Jordan and family

Jordan is fluent in English and Russian. In 2011, Jordan, an NYU alumni, established the Jordan Center for the Advanced Study of Russia at NYU. He purchased a penthouse in
South Beach, Miami South Beach, also nicknamed colloquially as SoBe, is a neighborhood in Miami Beach, Florida. It is located east of Miami between Biscayne Bay and the Atlantic Ocean. The area encompasses Miami Beach south of Dade Boulevard. This area was the ...
in 2014 for $20 million. He sold it in May 2018 to
Cliff Asness Clifford Scott Asness (; born October 17, 1966) is an American hedge fund manager and the co-founder of AQR Capital Management. Early life and early education Asness was born to a Jewish family, in Queens, New York, the son of Carol, who ran a ...
, for a record $26 million.''Barron's''
accessed 12 November 2019.


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 Boston University (BU) is a private research university in Boston, Massachusetts. The university is nonsectarian, but has a historical affiliation with the United Methodist Church. It was founded in 1839 by Methodists with its original campu ...
with a bachelor's degree majoring in political science and embarked upon a career in finance. At Deutsche Bank, he was
Alfred Koch Alfred Reingoldovich Kokh (Koch) (russian: Альфред Рейнгольдович Кох, german: Alfred Reingoldowitsch Koch, born 28 February 1961) is a Russian statesman, writer, mathematician-economist, and businessman. From 12 September ...
's banker when Koch was with
Gazprom-Media Gazprom-Media (russian: ОАО Газпром-Медиа) is the largest Russian media holding. Gazprom-Media was established in January 1998 as a subsidiary of the 1997 established Gazprom Media Holdings. On its founding in 1997, Gazprom Media H ...
. Nichols Jordan supported his brother during the privatization of Russia. After he co-headed Russian investment at
Deutsche Bank Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Sto ...
spearheading the financial backing of the
Kremlin The Kremlin ( rus, Московский Кремль, r=Moskovskiy Kreml', p=ˈmɐˈskofskʲɪj krʲemlʲ, t=Moscow Kremlin) is a fortified complex in the center of Moscow founded by the Rurik dynasty, Rurik dynasty. It is the best known of th ...
's aims for financing the
Gazprom PJSC Gazprom ( rus, Газпром, , ɡɐzˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the larges ...
expansion into petroleum, he went to Lehman to re enter the Russian markets in March 2007. He received nearly $7 million to re establish the Lehman Brothers Holdings' Moscow office in 2007 as head of its Russia operations. In 2015, he left the UBS Group to join Goldman Sachs as the co-CEO of Goldman Russia. In September 2015, he joined Oleg Boyko's Finstar as CEO. From March until October 2018, he was at Big Un Limited. In January 2019, he joined the boards of
Oleg Deripaska Oleg Vladimirovich Deripaska (russian: Олег Владимирович Дерипаска; born 2 January 1968) is a Russian billionaire and an industrialist. Deripaska enriched himself on previously state-owned assets that were privatized in ...
's
En+ Group En or EN may refer to: Businesses * Bouygues (stock symbol EN) * Esquimalt and Nanaimo Railway (reporting mark EN, but now known as Southern Railway of Vancouver Island) * Euronews, a news television and internet channel Language and writing * E ...
and his
Rusal United Company RUSAL, international public joint-stock company (russian: МКПАО «ОК РУСАЛ», MKPAO «ОК RUSAL») is the world's second largest aluminium company by primary production output (as of 2016). It was the largest until ov ...
.


See also

*
NTV Russia NTV (Cyrillic: НТВ) is a Russian free-to-air television channel that was launched as a subsidiary of Vladimir Gusinsky's company . Since 14 April 2001 Gazprom Media controls the network. NTV has no official meaning according to Igor Malash ...
* Renaissance Capital


Notes


References


General references

* * *


External links


Profile: Boris Jordan
CNN CNN (Cable News Network) is a multinational cable news channel headquartered in Atlanta, Georgia, U.S. Founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable news channel, and presently owned by the M ...
, April 10, 2001.
Commanding Heights: an interview with Boris Jordan
PBS The Public Broadcasting Service (PBS) is an American public broadcasting, public broadcaster and Non-commercial activity, non-commercial, Terrestrial television, free-to-air television network based in Arlington, Virginia. PBS is a publicly fu ...
, October 3, 2000.
Jordan: a statist with a US passport
BBC #REDIRECT BBC #REDIRECT BBC Here i going to introduce about the best teacher of my life b BALAJI sir. He is the precious gift that I got befor 2yrs . How has helped and thought all the concept and made my success in the 10th board exam. ...
...
Russia, April 5, 2001 (in Russian).
An interview with B. Jordan
by Elena Lankina, 2002 (in Russian).
The Sputnik Group: Selected Press




by Vladimir Pribylovsky (in Russian). {{DEFAULTSORT:Jordan, Boris Russian media executives American chief executives of financial services companies American people of Russian descent New York University alumni Living people 1966 births American billionaires Russian billionaires Russian businesspeople in the United States People from Sea Cliff, New York