Mikhail Balakin: the whole truth about a well-known businessman

Mikhail Balakin is a vivid example of what a Russian entrepreneur can be like today. Thanks to his efforts, he repeatedly got into the ratings of Forbes magazine as the most successful businessman in Russia. However, wealth did not immediately come into his hands, and certainly not the easiest way.

So let's talk about how he earned his fortune. What are the merits of Michael in front of society? And what is known about his personal life?

Mikhail Balakin: Biography

The future entrepreneur was born on April 20, 1961. It happened in Serpukhov, today it is one of the administrative centers in the Moscow region. Mikhail's parents were simple builders. Probably, it was this fact that prompted him to choose for himself a similar life path.

After graduation Mikhail Balakin immediately entered the Moscow Engineering and Construction Institute. Kuibyshev. Here in 1983 he received a diploma of a civil engineer, after which he went to conquer the adult world.

His first job was the 204th management of the trust "Mosfundamentstroy-1." Due to his perseverance and extraordinary approach to the tasks, he quickly moved up the career ladder. However, the post of chief engineer in production could not calm Mikhail Balakin's ambitions, and he decided to conquer higher peaks.

And so, in the beginning of 1990, he became director of the construction department No. 155 Glavmosstroy (hereinafter SU-155). After the collapse of the Soviet Union, an active process of corporatization of this construction company began. Feeling a good opportunity to earn, Mikhail Balakin becomes a co-owner of this joint-stock company, and subsequently holds the post of general director.

In 2000, he was invited to work in the Moscow City Hall. Here he holds the post of first deputy head of "Stroykompleksa." Under his leadership, most of the capital's buildings of that time were erected and reconstructed.

But soon the official's post bored Balakin, and in 2005 he again returned to the SU-155. True, this time in the person of the chairman of the board of directors.

Starting in 2014, Balakin Mikhail Dmitrievich is a well-deserved member of the Public Council under the Ministry of Construction and Housing of Russia.

Political activity

It starts with the fact that the SU-155 is one of the co-founders of the Moscow Construction Union. That is, Mikhail Balakin is able to influence the improvement of the entire capital as a whole by his actions.

In addition, in 2014 he became one of the main experts in the Troitsk and Novomoskovsk mergers of deputies. And a little later he won the elections to the Moscow City Duma, having nominated his candidacy from the LDPR.

Victories and merits before the society

As mentioned earlier, Mikhail Balakin was repeatedly noted in the pages of Forbes magazine. Since 2005, he regularly falls into the "Top Russia's richest people" rating. According to data for 2015, he takes an honorable 50th place, leaving behind the greater half of this list.

In addition, many know Mikhail as one of the most active patrons of art, contributing to the restoration of churches. Moreover, he not only allocates the money needed for reconstruction, but personally heads certain construction works.

Family and hobbies

Like most entrepreneurs, Mikhail does not like to share his personal life with the public. He believes that this is a feature that others should not overstep. From reliable sources, only that he is married to Marina Balakina is known. They have a common daughter, which is the main pride of the father.

In his spare time, Mikhail likes to ski in the mountains. As for the hobby, the entrepreneur here prefers collecting wine. It is rumored that at his home is one of the best collections in all of Russia.