Dmitry Rybolovlev#Florida

{{Short description|Russian businessman (born 1966)}}

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{{family name hatnote|Yevgenyevich|Rybolovlev|lang=Eastern Slavic}}

{{Use dmy dates|date=January 2022}}

{{Infobox person

| honorific_prefix =

| name = Dmitry Rybolovlev

| honorific_suffix =

| native_name = {{Nobold|Дмитрий Рыболовлев}}

| native_name_lang = ru

| image = DmitryRybolovlev1.JPG

| alt =

| caption = Rybolovlev in 2012

| birth_name = Dmitry Yevgenyevich Rybolovlev

| birth_date = {{birth date and age|1966|11|22|df=y}}

| birth_place = Perm, Russian SFSR, Soviet Union

| nationality =

| other_names =

| citizenship = Russian, Cypriot

| education =

| alma_mater =

| known_for = {{ubl|President of Monaco{{#tag:ref|The club was owned by a trust that attributed to Ekaterina Rybolovleva, daughter of Dmitry.|group="nb"}}|Owner of Cercle Brugge}}

| spouse = {{marriage|Elena Rybolovleva|1987|2015|end=divorced}}

| partner =

| children = Ekaterina and Anna{{cite news|url=https://www.theguardian.com/football/blog/2013/sep/20/monaco-money-ambition-not-many-supporters|title=Monaco have plenty of money and ambition but not many supporters|author=Conn, David|work=The Guardian}}

| parents =

| relatives =

| awards =

| website =

}}

Dmitry Yevgenyevich Rybolovlev ({{langx|ru|Дмитрий Евгеньевич Рыболовлев}}, {{IPA|ru|ˈdmʲitrʲɪj jɪvˈɡʲenʲjɪvʲɪtɕ rɨbɐˈlovlʲɪf|IPA}}; born 22 November 1966) is a Russian oligarch, billionaire businessman, and investor.

Rybolovlev became chairman of the Russian fertilizer producer Uralkali in 1995.{{Cite web |last=Crowley |first=Michael |title=Trump and the Oligarch |url=https://www.politico.com/magazine/story/2016/07/donald-trump-2016-russian-ties-214116/ |access-date=2022-03-19 |website=POLITICO Magazine |date=28 July 2016 |language=en}} In 2010, he sold his majority share of Uralkali to three Kremlin-linked oligarchs for $6.5 billion.{{Cite news |date=2018-11-16 |title=AS Monaco: Dmitry Rybolovlev and His Influence in Monaco |language=en |work=Der Spiegel |url=https://www.spiegel.de/international/world/as-monaco-dmitry-rybolovlev-and-his-influence-in-monaco-a-1238822.html |access-date=2022-03-19 |issn=2195-1349}} As of 2021, Rybolovlev had a reported net worth of $6.7 billion, which ranked him 391st on Forbes{{'}}s list of billionaires.{{Cite news |title=Dmitry Rybolovlev |language=en |work=Forbes |url=https://www.forbes.com/profile/dmitry-rybolovlev/#34730b333bec |access-date=9 July 2021}}{{Cite news |title=The World's Billionaires |language=en |work=Forbes |url=https://www.forbes.com/billionaires/list/#version:static_search:Dmitry%20Rybolovlev |access-date=18 October 2018}}

In 2011, Rybolovlev became the majority owner and president of the football club Monaco.{{Cite web|url=https://www.theguardian.com/football/blog/2013/sep/20/monaco-money-ambition-not-many-supporters|title=Monaco have plenty of money and ambition but not many supporters {{!}} David Conn|last=Conn|first=David|date=20 September 2013|website=The Guardian|language=en|access-date=18 October 2018}} He is one of the alleged victims of Swiss art transporter Yves Bouvier as part of The Bouvier Affair.

His hobbies include sailing where his yachts named Skorpis race competitively winning the ClubSwan 50 World Championship{{cite web|url=https://www.boatsnews.com/story/32138/clubswan-50-the-skorpios-crew-led-by-dmitri-rybolovlev-becomes-world-champion|title=ClubSwan 50, the Skorpios crew led by Dmitri Rybolovlev becomes world champion|date=17 October 2019 }} and taking line honour in the 2021 Fastnet Race{{cite web|url=https://www.sailweb.co.uk/2021/08/10/rolex-fastnet-race-skorpios-takes-line-honours-in-cherbourg/|title=Rolex Fastnet Race – Skorpios takes line honours in Cherbourg|author=James Boyd|date=2021-08-10}} sailing his ClubSwan 125.

Early life and career

Dmitry Rybolovlev was born in a Russian family, in Perm. His parents worked at the department at the Perm State Medical University named after Academician E.A Wagner.{{Cite web |last=Новости |first=Р. И. А. |date=2018-11-07 |title=Биография Дмитрия Рыболовлева |url=https://ria.ru/20181107/1532242015.html |access-date=2022-08-18 |website=РИА Новости |language=ru}}

He entered the business world in 1990 after graduating from the Perm Medical Institute.{{Cite news|title=Dmitry Rybolovlev|url=https://www.bloomberg.com/billionaires/profiles/dmitry-rybolovlev/|access-date=18 October 2018|website=Bloomberg}} He worked as a doctor before going into business.{{Cite web|date=21 June 2010|title=Время разбрасывать калий|url=https://www.kommersant.ru/doc/1386947|access-date=18 November 2021|website=www.kommersant.ru|language=ru}} As a doctor's income was no longer enough to comfortably support a family during the final years of the Soviet Union, he began his first business project, a small medical enterprise that served the workers of local factories he set up together with his father, a professor of medicine.{{Cite web|title=Дмитрий Рыболовлев, хозяин "Уралкалия". В чем соль|url=https://www.forbes.ru/forbes/issue/2008-05/11470-v-chem-sol|access-date=18 November 2021|website=Forbes.ru|date=2 May 2008 |language=ru}}{{Cite web|title=Дмитрия Рыболовлева начали разводить|url=https://www.beriki.ru/2010/07/02/dmitriya-rybolovleva-nachali-razvodit|access-date=18 November 2021|website=www.beriki.ru}}

Rybolovlev earned his first million dollars by reselling products, which the factories used to pay for in services rather than cash as was then a common practice in Russia.{{Cite web|title="Спаситель мира": сенсация в криминальных тонах|url=https://day.kyiv.ua/ru/article/kultura/spasitel-mira-sensaciya-v-kriminalnyh-tonah|url-status=live|archive-url=https://web.archive.org/web/20211118111242/https://day.kyiv.ua/ru/article/kultura/spasitel-mira-sensaciya-v-kriminalnyh-tonah |archive-date=18 November 2021 }}

In 1992, Rybolovlev went to Moscow to take a business course and received a brokerage license from the Russian Ministry of Finance, one of the first in Russia and the first in the Perm region, which permitted him to trade and deal with securities. Upon his return to Perm, he founded a brokerage and investment company and started buying up shares of local enterprises such as Uralkali, Silvinit, Azot, Metafrax, and Solikamskbumprom.

=Development of Uralkali=

In early 1994, Rybolovlev persuaded directors of these and some other enterprises to establish a bank, which he headed.

He later decided to concentrate on two assets, Uralkali and Silvinit, given that the Russian potash industry was underdeveloped at the time due to the lack of interest from investors, unlike in the oil and gas sectors. Additionally, no one had been able to acquire controlling stakes in the industry's firms. From 1993 to 1995, Rybolovlev's portfolio included securities of Uralkali, Silvinit, Metafrax and Neftekhimik. These companies jointly developed the Verkhnekamskoye potash deposit, one of the world's largest.

The violent nature of capital accumulation in early to mid-1990s Russia, including in the country's industrially developed regions like the Perm Krai, gave rise to violent criminals battling over control of companies and imposing "protection" fees on businesses.{{Cite news|title=Дмитрий Рыболовлев: от одержимого футболом олигарха до фигуранта дела о коррупции|url=https://www.vedomosti.ru/business/articles/2018/11/08/785962-dmitrii-ribolovlev|access-date=18 November 2021|website=Ведомости|date=9 November 2018 |language=ru}}{{Cite web|date=23 March 2018|title=Gangster's paradise: how organised crime took over Russia|url=http://www.theguardian.com/news/2018/mar/23/how-organised-crime-took-over-russia-vory-super-mafia|access-date=18 November 2021|website=The Guardian|language=en}}

Refusing to cooperate with criminal gangs, Rybolovlev was forced to hire a bodyguard in 1993 before moving his family to safety in Switzerland in 1995. He also assigned bodyguards to all the directors of his enterprises, with only one, Evgeny Panteleimonov, director of Neftekhimik, refusing to accept.{{Cite web|date=22 October 2021|title=Борьба валдайских мальчиков — 2|url=https://www.kommersant.ru/doc/5048937|access-date=18 November 2021|website=www.kommersant.ru|language=ru}} Together with Rybolovlev, he had insisted on stopping the supply of the company's products through a mafia-controlled straw firm, "Trade House FD". That same year, Evgeny Panteleimonov was killed at the doorstep of his house.{{Cite web|title=Рыболовлев, Дмитрий Известный предприниматель, бывший владелец ОАО "Уралкалий"|url=https://lenta.ru/lib/14190281/|access-date=18 November 2021|website=lenta.ru}}

A local gangster, Oleg Lomakin, turned out to be the organizer of the murder and was detained in April 1996. He accused Rybolovlev of being behind the murder, which led to Rybolovlev being arrested and spending 11 months in pretrial detention. Lomakin eventually withdrew his testimony, and, together with two accomplices, was sentenced to 15 years in prison for the murder of Panteleimonov. The judge concluded that the gangsters had killed the director of the company for breaking off relations with "Trade House FD".

In 1997, Rybolovlev was acquitted by courts of law at three levels, including the Presidium of the Supreme Court of the Russian Federation. In media reports, he stated that he was extorted in jail to sell the shares of his company in exchange for his freedom, but had refused.

== Growth and IPO ==

Over the next 15 years, Rybolovlev focused on developing Uralkali and eventually built it into a major global enterprise.{{Cite web|date=18 January 2013|title=Uralkali to Spend $5.8 Billion to Boost Potash Capacity 80% – Business...|url=http://www.businessweek.com/news/2011-10-25/uralkali-to-spend-5-8-billion-to-boost-potash-capacity-80-.html|archive-url=https://archive.today/20130118160826/http://www.businessweek.com/news/2011-10-25/uralkali-to-spend-5-8-billion-to-boost-potash-capacity-80-.html|url-status=dead|archive-date=18 January 2013|access-date=16 July 2021|website=archive.ph}}

According to the Russian business newspaper Vedomosti, by 2000 he had consolidated his controlling interest in the company and begun to reform and develop it.{{Citation needed|date=July 2018}} While in 2000 the capitalization of Uralkali was around $15 million, in eight years it reached $20 billion. While the overall market outlook for mineral fertilizers improved over this time, reforms made under Rybolovlev's leadership played an important role in transforming a Soviet-era enterprise into a worldwide industry leader. In 2000, Rybolovlev replaced the entire management of Uralkali, setting an increase in labor productivity as a key indicator, and as a result, it increased by 2.5 times in the period from 2000 to 2007.

Following this rapid growth throughout the early 2000s, in 2002 Uralkali built the Baltic Bulk Terminal in St. Petersburg port as its own transport hub, providing the company with a high-tech universal transshipment complex for mineral fertilizers, and thereby improving logistics capabilities.{{Cite web|title=Балтийский балкерный терминал достроили|url=https://www.dp.ru/a/2002/12/17/Baltijskij_balkernij_term|access-date=18 November 2021|website=dp.ru|language=ru}}{{Cite news|date=2016|title=АГРОХИМИКИ СТОЯТ УСТОЙЧИВО|language=ru|pages=12–17|work=ВЕСТИ МОРСКОГО ПЕТЕРБУРГА|url=https://morproekt.ru/attachments/article/826/vesti_2016_2_web.pdf|access-date=18 November 2021}}

In 2005, Uralkali and Belarusian potash producer Belaruskali combined their trade flows via a single trader, the Belarusian Potash Company (BPC).{{Cite news|last=|first=|date=5 March 2013|title=Belarussian Potash Co says fertiliser market recovering|language=en|work=Reuters|url=https://www.reuters.com/article/belarus-potash-idUSL6N0BXI3620130305|access-date=16 July 2021}}{{Cite news|title=Уралкалий завершил сделку по покупке 50% акций экспортной компании Беларуси|url=https://www.vedomosti.ru/library/news/2005/11/11/uralkalij-zavershil-sdelku-po-pokupke-50-akcij-jexportnoj-kompanii-belarusi|access-date=16 December 2021|website=Ведомости|date=11 November 2005 |language=ru}}{{Cite web|title=НАША ОБЩАЯ СОЛЬ|url=http://newchemistry.ru/letter.php?n_id=579|access-date=16 December 2021|website=newchemistry.ru}} There were plans to float Uralkali on the London Stock Exchange in 2006, but Rybolovlev canceled the listing after the order book had already been closed because he considered the company's valuation by investors to be unfairly low.{{Cite web|title="Уралкалий" отменил IPO|url=https://expert.ru/2006/10/11/uralkaliy/|access-date=18 November 2021|website=expert.ru|archive-date=22 January 2019|archive-url=https://web.archive.org/web/20190122044428/http://expert.ru/2006/10/11/uralkaliy/|url-status=dead}}

The decision turned out to be correct in many respects, since just a few days after the cancellation of the IPO, a major accident occurred at one of Uralkali's mines.{{Cite web|title="Затопленное" IPO|url=https://wek.ru/zatoplennoe-ipo|access-date=18 November 2021|website=wek.ru|language=ru}} Uralkali's IPO finally went ahead in 2007, making it one of the most successful in the history of Russian business.{{Cite web|title="Уралкалий" привлек в ходе IPO около $1 млрд|url=https://www.rbc.ru/economics/12/10/2007/5703c9619a79470eaf767598|access-date=18 November 2021|website=РБК|date=12 October 2007 |language=ru}} For 14.38% of shares, Uralkali raised almost $1 billion, with demand for shares exceeding supply by 23 times.{{Cite web|date=18 October 2007|title=Potash empire strikes back in Uralkali IPO|url=https://www.globalcapital.com/article/28mw098cdu6v3zz32mb5s/equity/potash-empire-strikes-back-in-uralkali-ipo|access-date=18 November 2021|website=GlobalCapital|language=en}} The listing attracted major international investors due to the company's strong financial results and proved to be a pivot point for the traditionally closed-off Russian chemical industry, setting new standards for corporate governance transparency.{{Cite web|title=Ряд предприятия Прикамья вошли в число лидеров в рейтинге инвестиционной открытости по версии "Секрета фирмы"|url=https://www.business-class.su/news/2008/06/07/12196|access-date=18 November 2021|website=www.business-class.su|language=ru}}

In June 2010, Rybolovlev sold a 53% shareholding in Uralkali to a group of Russian investors: Kaliha Finance Limited (Suleyman Kerimov, 25%), Aerellia Investments Limited (Alexander Nesis, 15%) and Becounioco Holdings Limited (Filaret Galchev, 13.2%).{{Cite web|last=Catherine|first=Belton|date=28 May 2010|title=Rybolovlev in talks to sell Uralkali stake|url=https://www.ft.com/content/8b484088-69b4-11df-8432-00144feab49a|access-date=16 July 2021|website=www.ft.com}}{{Cite news|url=https://www.reuters.com/article/uralkali-idUKLDE65D05U20100614|title=Russian billionaire sells 53.2 pct Uralkali stake|author=((Reuters Editorial))|work=U.S.|access-date=18 October 2018|language=en-US}} The transaction price was not disclosed but was reported to be around $5.3 billion.{{Cite web|url=https://www.bloomberg.com/news/articles/2010-06-14/uralkali-climbs-in-london-as-owner-rybolovlev-offloads-controlling-stake|title=Uralkali Gains as Rybolovlev Sells Controlling Stake|date=14 June 2010|website=Bloomberg|access-date=18 October 2018}}

In December 2010, Uralkali bought a 20% stake in Silvinit for $1.4 billion from Rybolovlev.{{Cite news|url=https://www.wsj.com/articles/SB10001424052748703886904576030862387026264|title=Russian Firms Set Potash Deal|last=Kolyandr|first=Alexander|date=20 December 2010|work=Wall Street Journal|access-date=18 October 2018|language=en-US|issn=0099-9660}}{{Cite news|url=https://www.bbc.com/news/business-12040084|title=Russian potash firms set to merge|date=20 December 2010|work=BBC News|access-date=18 October 2018|language=en-GB}} The merger was finalized in July 2011, after Rybolovlev had sold the remaining shares of Uralkali.{{Cite news|url=http://www.mining.com/two-billionaires-cashed-in-big-time-ahead-of-uralkali-bombshell-55537/|title=Two billionaires cashed in big time ahead of Uralkali bombshell {{!}} MINING.com|date=2 August 2013|work=MINING.com|access-date=18 October 2018|language=en-US}} After he had sold his stakes in 2010, Rybolovlev left Russia to permanently relocate to Monaco.{{Cite web |date=2 March 2022 |title=PORTRAIT. Dmitri Rybolovlev, le discret président russe de l'AS Monaco, éloigné de Vladimir Poutine |url=https://www.ouest-france.fr/sport/football/monaco/portrait-dmitri-rybolovlev-le-discret-president-russe-de-l-as-monaco-eloigne-de-vladimir-poutine-59a6130c-9a03-11ec-8851-630f3e65523a? |website=Ouest France}}

==Berezniki mine collapse==

In October 2006, a freshwater spring began flowing into one of Uralkali's mines under the city of Berezniki, leading the walls and pillars supporting the ceilings of large caverns to dissolve.{{Cite news|last=Kramer|first=Andrew E.|date=11 April 2012|title=A Russian City Always on the Watch Against Being Sucked Into the Earth|language=en-US|work=The New York Times|url=https://www.nytimes.com/2012/04/11/world/europe/russian-city-on-watch-against-being-sucked-into-the-earth.html|access-date=16 July 2021|issn=0362-4331}} There were attempts to keep the mine operable, but Rybolovlev decided to close it to avoid fatalities.{{Cite web|title=Дело Баумгертнера: как эффективный менеджер стал заложником в калийной войне|url=https://www.forbes.ru/kompanii/resursy/247712-voennoplennyi-kak-vladislav-baumgertner-stal-zalozhnikom-aleksandra-lukashen|access-date=18 November 2021|website=Forbes.ru|date=22 November 2013 |language=ru}} As a result, mining equipment worth tens of millions of dollars and unexploited reserves of potash ore remained underground, but human casualties were avoided.

As a result of the mine's collapse, large sinkholes appeared around the mine and in the city of Berezniki, forcing some 12,000 residents to evacuate their homes.{{Cite web|date=6 September 2015|title=Giant sinkhole in Perm region of Russia growing wider and deeper|url=https://www.ibtimes.co.uk/giant-sinkhole-perm-region-russia-growing-wider-deeper-1518672|access-date=16 July 2021|website=International Business Times UK|language=en}} New sinkholes continue to appear regularly throughout the Perm region though it is not clear whether all of them are caused by mining activities.{{Cite web|date=20 May 2015|title=New Sinkhole Appears in Russia's Perm Region|url=https://www.themoscowtimes.com/2015/05/20/new-sinkhole-appears-in-russias-perm-region-a46702|access-date=16 July 2021|website=The Moscow Times|language=en}} The causes of the accident were investigated by commissions of Rostekhnadzor, the Ministry of Emergencies, and the Ministry of Natural Resources. The investigation concluded that the accident occurred for geological reasons, specifically a "previously unknown anomaly of geological structure".{{Cite web|title=Страница не найдена! {{!}} Информационный портал Вести ПБ|url=https://vestipb.ru/news_306.html%20%20https:/www.icis.com/explore/resources/news/2008/11/13/9171167/uralkali-not-responsible-for-berezniki-mine-flood/|access-date=18 November 2021|website=vestipb.ru|archive-date=18 November 2021|archive-url=https://web.archive.org/web/20211118120044/https://vestipb.ru/news_306.html%20%20https:/www.icis.com/explore/resources/news/2008/11/13/9171167/uralkali-not-responsible-for-berezniki-mine-flood/|url-status=dead}}

Then-head of the Ministry of Emergency Situations, Sergei Shoygu, said "the situation that we have today has been accumulating for decades. There are mistakes, including wartime, when very active and, perhaps, not very cautious works were performed".{{Cite web|title=Последствия аварии на БКПРУ-1 в Березниках проанализирует независимая экспертиза|url=http://www.permonline.ru/index.cfm?page=1151&newc=3516|access-date=18 November 2021|website=permonline.ru}}

The neutrality of the commission's report has been challenged by some observers, who argued that the report was partly written by OAO Galurgia, a company affiliated with Uralkali.{{Cite web|last=Полухина|first=Юлия|date=17 October 2016|title=Вышли деньги из провала. Как росло состояние Дмитрия Рыболовлева на фоне крупнейшей техногенной катастрофы современной России|url=https://novayagazeta.ru/articles/2016/10/16/70202-vyshli-dengi-iz-provala|access-date=16 July 2021|website=Новая газета|language=ru}} Some Russian sources claimed that Uralkali failed to undertake all the necessary work in order to fill the holes in the mines, which may have directly caused the appearance of the sinkholes. Uralkali repeatedly denied the allegations, with Russian economic newspaper Kommersant reporting that the company's experts carried out the backfilling of the mines based on the technical projects and mining operations plans in the volumes necessary to ensure the safety of existing mines.{{Cite web|date=7 October 2016|title=Прокурорская закладка|url=https://www.kommersant.ru/doc/3108627|access-date=18 November 2021|website=www.kommersant.ru|language=ru}} When Rybolovlev became a shareholder in Uralkali, the company began to actively engage in backfilling the voids inherited from the Soviet era. More than 70% of the funding was provided by Uralkali, the rest came from the federal budget.{{Cite web|date=3 September 2005|title=На "Уралкалии" решают проблемы закладки шахтных пустот (Пермская обл.)|url=https://regnum.ru/news/521396.html|url-status=live|access-date=18 November 2021|website=ИА REGNUM|language=ru|archive-url=https://web.archive.org/web/20051128062207/http://regnum.ru:80/news/521396.html |archive-date=28 November 2005 }} A report in The New York Times suggested that the situation was partially caused by the fact that Berezniki began as a Soviet labor camp, and was built directly over the mine to be within marching distance of work areas.{{Cite news|last=Kramer|first=Andrew E.|title=Russian City on Watch Against Being Sucked Into the Earth|work=The New York Times |date=11 April 2012 |language=en|url=https://www.nytimes.com/2012/04/11/world/europe/russian-city-on-watch-against-being-sucked-into-the-earth.html?mtrref=undefined&gwh=84EB165B21006D6D6E8221C08EF0AFFF&gwt=pay|access-date=19 October 2018}}

Alleged state asset grab

In October 2008, Russian Vice Premier Igor Sechin reopened the investigation, prompting speculation in international news outlets, including The New York Times, that a raider attack had been launched against Uralkali.{{Cite news|last=Levy|first=Clifford J.|date=7 December 2008|title=In Hard Times, Russia Tries to Reclaim Industries|language=en-US|work=The New York Times|url=https://www.nytimes.com/2008/12/08/world/europe/08kremlin.html|access-date=16 July 2021|issn=0362-4331}} The results of this investigation turned out to be almost identical to the conclusion of the first investigation, namely that the cause of the accident was a combination of geological and technological factors.{{Cite web|date=12 May 2010|title="Государство должно поддерживать такие компании"|url=https://www.kommersant.ru/doc/1367075|access-date=18 November 2021|website=www.kommersant.ru|language=ru}}

Industry analysts at the time considered the re-opening of the investigation "an opportunistic move to gain a foothold in that industry or take some assets", where individuals close to the top echelons of government had sought to expand into the natural resources sector, in line with Putin's view that "Russia made a colossal error in the 1990s by allowing its enormous reserves of oil, gas and other natural resources to fall into private hands."{{Cite news |date=2008-11-11 |title=Investors see asset grab in Russia potash mine probe |language=en |work=Reuters |url=https://www.reuters.com/article/uralkali-idUKLB37464820081111 |access-date=2022-03-10}}{{Cite news |last=Levy |first=Clifford J. |date=2008-12-07 |title=In Hard Times, Russia Tries to Reclaim Industries |language=en-US |work=The New York Times |url=https://www.nytimes.com/2008/12/08/world/europe/08kremlin.html |access-date=2022-03-10 |issn=0362-4331}}

In December 2008, Uralkali pledged to pay $218 million to the Russian government as compensation for costs incurred by the mine collapse.{{Cite news|url=https://www.reuters.com/article/uralkali/update-2-uralkali-settles-218-mln-mine-costs-shares-soar-idUSLA43875520090310|title=UPDATE 2-Uralkali settles $218 mln mine costs, shares soar|author=((Reuters Editorial))|work=U.S.|access-date=19 October 2018|language=en-US}} In February 2009, the company agreed to a payment of $71.8 million to the Perm region.{{Cite news|url=https://www.reuters.com/article/uralkali-compensation/uralkali-to-pay-72-mln-for-mine-collapse-damage-idUSLC63107920090212|title=Uralkali to pay $72 mln for mine collapse damage|author=((Reuters Editorial))|work=U.S.|access-date=19 October 2018|language=en-US}}

=Investment in the Bank of Cyprus=

In September 2010, Rybolovlev bought a 9.7% stake in Cyprus's largest bank, the Bank of Cyprus.{{cite news|title=Offshore fund acquires 9.7 pct of Bank of Cyprus|url=http://uk.reuters.com/article/bankofcyprus-share-idUKLDE68K1ZI20100921|archive-url=https://web.archive.org/web/20160306152222/http://uk.reuters.com/article/bankofcyprus-share-idUKLDE68K1ZI20100921|url-status=dead|archive-date=6 March 2016|date=21 September 2010}} Rybolovlev's investment in Bank of Cyprus followed significant financial dealings in the country. Following the country's deep recession, on 25 March 2013 the Eurogroup agreed with the government of Cyprus that the Bank of Cyprus would take over the remnants of Laiki Bank. To finance the deal and save the Bank of Cyprus from bankruptcy, it was also decided that accounts over €100,000 would suffer a haircut on their assets of about 50%, which mostly wiped out Rybolovlev's stake and ended his involvement in the Bank with a $600 million loss.{{Cite news|url=https://www.nytimes.com/2017/03/06/world/europe/wilbur-ross-russia-bank-of-cyprus.html|title=New Commerce Secretary Was No Friend to Russians at Cyprus Bank|work=The New York Times |date=6 March 2017 |access-date=19 October 2018|language=en|last1=Higgins |first1=Andrew }} In 2012, he acquired Cypriot citizenship upon becoming an investor in the Bank of Cyprus.{{cite web|url=https://www.theguardian.com/world/2017/sep/17/cyprus-selling-eu-citizenship-to-super-rich-of-russia-and-ukraine|title=Cyprus 'selling' EU citizenship to super rich of Russia and Ukraine|website=The Guardian|date=17 September 2017}}

=Monaco=

Image:Stadion von Monaco Seitenansicht.jpg

Rybolovlev relocated to Monaco in 2010 and in December 2011, a trust acting on behalf of Rybolovlev's daughter Ekaterina bought a 66% stake in the Monegasque association football club Monaco.{{cite news|url=https://www.theguardian.com/football/blog/2013/sep/20/monaco-money-ambition-not-many-supporters|title=Monaco have plenty of money and ambition but not many supporters|author=David Conn|date=20 September 2013|work=The Guardian|access-date=26 June 2015|author-link=David Conn}}{{Cite news|url=https://www.bbc.com/sport/football/16322948|title=Russian billionaire Dmitry Rybolovlev takes over Monaco|date=23 December 2011|access-date=17 January 2019|language=en-GB}} The club was in a bad state at the time, playing at the bottom of the French second league and highly in debt, and Monaco Palace was looking for an investor to improve the club's prospects.{{Cite web|url=http://www.lefigaro.fr/sport/2011/12/14/02001-20111214ARTFIG00632-un-milliardaire-russe-va-s-offrir-l-as-monaco.php|title=Un milliardaire russe va s'offrir l'AS Monaco|date=14 December 2011|website=FIGARO|access-date=17 January 2019}} According to French media reports, Rybolovlev acquired the club for a symbolic €1, but with a commitment to invest at least €100 million ($129.4 million) into the club over the next four years.{{Cite news|url=https://www.lexpress.fr/actualite/sport/football/as-monaco-rybolovlev-ce-russe-qui-monte-sur-le-rocher_1271643.html|title=AS Monaco: Dmitry Rybolovlev, un Russe à la conquête du Rocher|date=10 August 2013|work=LExpress.fr|access-date=19 October 2018|language=fr}}{{Cite news|url=https://www.bbc.com/sport/football/16322948|title=Russian billionaire Dmitry Rybolovlev takes over Monaco|date=23 December 2011|work=BBC Sport|access-date=19 October 2018|language=en-GB}}

The remaining 33% stake in the club is owned by Monaco's ruling family, the House of Grimaldi, with Rybolovlev's acquisition of the stake in the club approved by Prince Albert II of Monaco. Rybolovlev was subsequently appointed president of the club.

Though historically Monaco is one of France's most successful clubs, they were struggling at the time of Rybolovlev's arrival, and had been relegated to the second tier of French football, Ligue 2. Étienne Franzi, Monaco's former president, and the DNCG, the French football authority, both gave positive assessments of the club's progress after Rybolovlev's first year of ownership in December 2012.{{cite web|title=Comment Dmitry Rybolovlev a transfiguré l'AS Monaco?|url=http://www.nicematin.com/as-monaco/comment-dmitry-rybolovlev-a-transfigure-las-monaco.1095376.html|url-status=dead|archive-url=https://web.archive.org/web/20121231135603/http://www.nicematin.com/as-monaco/comment-dmitry-rybolovlev-a-transfigure-las-monaco.1095376.html|archive-date=31 December 2012|access-date=28 December 2012}} Retrieved 28 December 2012.

In May 2013, Monaco was promoted to Ligue 1 after securing the second-division title. Monaco became one of the most prodigious spenders in European football in the summer of 2013 under Rybolovlev's presidency, spending £146 million on players including Radamel Falcao, James Rodríguez and João Moutinho. Ricardo Carvalho and Eric Abidal were also signed on free transfers with large salaries.{{cite news|url=https://www.theguardian.com/football/2014/sep/04/monaco-radamel-falcao-manchester-united-dmitry-rybolovlev|title=Falcao and the Monaco exodus: What's going on at last year's big spenders?|author=Paul Doyle|date=4 September 2014|work=The Guardian|access-date=26 June 2015}}

Rodríguez and Falcao subsequently left Monaco in the summer of 2014, the latter leaving on loan to Manchester United and Chelsea (returning to Monaco in 2016{{Cite web|date=13 May 2016|title=Radamel Falcao returns to Monaco after Chelsea decline purchase option|url=https://www.mid-day.com/articles/radamel-falcao-returns-to-monaco-after-chelsea-decline-purchase-option/17231154|access-date=17 January 2019|website=mid-day|language=en}}) and the former being sold to Real Madrid for almost double the transfer fee Monaco had paid Porto for his services one year prior.{{cite news|author=Sid Lowe|date=22 July 2014|title=James Rodríguez: will new galáctico fit into Real Madrid masterplan?|work=The Guardian|url=https://www.theguardian.com/football/blog/2014/jul/22/james-rodriguez-real-madrid-masterplan|access-date=26 June 2015}} The transfers were explained by Monaco's vice president Vadim Vasilyev as part of a new strategy. He stated "There are two ways to go... One is either you invest a lot of money and do it quickly, the other is you build up an intelligent project and you have to base yourself on your academy and sound principles of working and scouting well and basically that's what we've decided to do."

In January 2014, Monaco agreed to pay the governing body of French football, the Ligue de Football Professionnel (LFP), a one-off voluntary payment of €50 million to remain exempt from a ruling by the LFP that its clubs must have their head offices located in France. Based in the tax haven of Monaco, the club managed to avoid the effects of tax increases in neighboring France. Rybolovlev and the head of the French league, Noël Le Graët, had initially failed to find an agreement over the matter and Rybolovlev had initiated legal action against the league which was later dropped. The €50 million figure was calculated by the league as the amount saved by Monaco as a result of their unique location.{{cite news|url=https://www.theguardian.com/football/2014/jan/24/monaco-50m-france-ligue1-tax-exempt|title=Monaco pay €50m to France to stay in Ligue 1 – exempted from French tax|author=Paul Doyle|date=24 January 2014|work=The Guardian|access-date=26 June 2015}} In July 2015, The State Council, France's highest court for administrative matters, announced that the agreement between the LFP and Monaco should be annulled, therefore AS Monaco no longer had to pay €50 million and had no obligation to move its headquarters out of the Principality.{{Cite web|date=9 July 2015|title=Monaco cash boost as tax deal is annulled|url=https://www.espn.com/soccer/french-ligue-1/story/2516988/monaco-financial-boost-as-french-court-annuls-tax-deal|access-date=16 December 2021|website=ESPN.com|language=en}}{{Cite news|date=9 July 2015|title=Ligue 1 : un cadeau à 50 millions pour Monaco|language=fr|work=Le Monde.fr|url=https://www.lemonde.fr/ligue-1/article/2015/07/09/ligue-1-monaco-ne-doit-plus-50-millions-a-la-lfp_4676907_1616940.html|access-date=16 December 2021}}

The departure of star players and a decline in spending was also attributed by Vasilyev to the introduction of the UEFA Financial Fair Play Regulations and the resultant threat of sanctions. In an interview, Vasilyev dismissed claims that the Russian management were selling Monaco's best assets before leaving and stated that Rybolovlev remained "strongly committed" to the club. In a March 2015 interview with Nice Matin, Rybolovlev reiterated that his plans for the club are long-term.{{cite news|url=http://www.nicematin.com/monaco/foot-business-monaco-les-confidences-de-dmitri-rybolovlev.2154707.html|title=Foot, business, Monaco: les confidences de Dmitri Rybolovlev|date=27 March 2015|work=Nice Matin|access-date=26 June 2015}}

In 2017, Monaco enjoyed its most successful season yet, winning the French Ligue 1 title and reaching the semi-final of the European Champions League.{{Cite news|url=https://www.independent.co.uk/sport/football/european/as-monaco-manchester-city-preview-transfer-strategy-a7630216.html|title=Monaco's policy of buying low and selling high has made them a European power at last|date=14 March 2017|work=The Independent|access-date=27 July 2017|language=en-GB}} Reflecting on the club's unexpected success, The Independent wrote that "Monaco's policy of buying low and selling high has made the club a true Champion's League power at last" and called Monaco "one of the best-run clubs in Europe". In an interview to Nice Matin in May 2018, Prince Albert II thanked Rybolovlev "for all his action in the management of the ASM".{{Cite web|last=rédaction|first=La|date=28 May 2018|title=Albert II sur la saison de l'ASM: "Je tiens à remercier M. Rybolovlev"|url=https://www.nicematin.com/football/albert-ii-sur-la-saison-de-lasm-je-tiens-a-remercier-m-rybolovlev-233807|access-date=16 December 2021|website=Nice-Matin|language=fr}}

In July 2018, media reported that Rybolovlev was a potential buyer of Chinese businessman Li Yonghong's stake in AC Milan, but the deal didn't materialize.{{Cite web|url=https://www.ft.com/content/bbc841e0-8689-11e8-96dd-fa565ec55929|title=Own goal: how AC Milan's Chinese owners lost control to a US hedge fund|date=14 July 2018|website=Financial Times|access-date=19 October 2018}}

Following an unsuccessful start to the 2018–2019 season, the club in October 2018 officially announced the departure of its head coach, Leonardo Jardim.{{Cite news|url=https://www.independent.co.uk/sport/football/european/leonardo-jardim-sacked-monaco-thierry-henry-frontrunner-replace-him-ligue-1-a8578841.html|title=Leonardo Jardim sacked by Monaco with Thierry Henry a frontrunner to replace him|work=The Independent|access-date=19 October 2018|language=en-GB}} On 13 October, the club confirmed Thierry Henry as the new head coach until 2021.{{Cite news|url=https://www.forbes.com/sites/bobbymcmahon/2018/10/12/the-biggest-challenge-facing-thierry-henry-as-he-gets-set-to-return-to-as-monaco/#db64e552dfc6|title=Thierry Henry Appointed The New Coach Of Monaco And Signs 3-Year Deal|last=McMahon|first=Bobby|work=Forbes|access-date=19 October 2018|language=en}} On January 25, Henry was sacked after only 20 matches, of which only five ended in victory. He was replaced by his predecessor Jardim.{{Cite web|author=Ben Church, Martin Goillandeau and George Ramsay|title=Henry sacked by AS Monaco, replaced by Jardim|url=https://edition.cnn.com/2019/01/25/football/thierry-henry-monaco-ligue-1-france-leonardo-jardim-spt-intl/index.html|access-date=10 December 2020|website=CNN|date=25 January 2019 }} In December 2019 the former Spain national team manager Robert Moreno was appointed as AS Monaco's head coach.{{Cite web|title=Official {{!}} AS Monaco appoint Robert Moreno as their new manager {{!}} Get French Football News|url=https://www.getfootballnewsfrance.com/2019/official-as-monaco-appoint-robert-moreno-as-their-new-manager/|access-date=16 December 2021|website=www.getfootballnewsfrance.com|date=28 December 2019 }} In July 2020, former Bayern Munich coach Niko Kovac became Monaco's new coach, replacing Robert Moreno.{{Cite web|date=20 July 2020|title=AS Monaco: Niko Kovac replaces Robert Moreno as coach|url=https://www.monaco-tribune.com/en/2020/07/as-monaco-niko-kovac-replaces-robert-moreno-as-coach/|access-date=10 December 2020|website=Monaco Tribune|language=en-US}}

On 16 January 2019, Monaco announced a €55 million investment into a new "Centre for sporting excellence", a multifunctional sports complex, that was planned to include three football fields in addition to a fitness and medical centre, and a rehabilitation zone.{{Cite web|date=18 January 2019|title=AS Monaco's Rybolovlev commits to long term with €55m infrastructure project|url=http://www.insideworldfootball.com/2019/01/18/monacos-rybolovlev-commits-long-term-e55m-infrastructure-project/|access-date=16 December 2021|website=Inside World Football|language=en-GB}} It was announced that the investment will also include renovations on the Louis II stadium and the construction of a dormitory for the club's youth academy. In the summer of 2020, a new building of the Monaco football academy opened, and in March 2021 Monaco officially received the keys to its new performance centre in La Turbie.{{Cite web|title=Connexion {{!}} NM+|url=https://abonnes.monacomatin.mc/user/login|access-date=16 December 2021|website=abonnes.monacomatin.mc|archive-date=15 December 2021|archive-url=https://web.archive.org/web/20211215234025/https://abonnes.monacomatin.mc/user/login|url-status=dead}} The works will be fully completed by summer 2022.{{Cite news|date=1 April 2021|title=AS Monaco one step closer to moving into new Performance Centre|url=https://www.monaco-tribune.com/en/2021/04/as-monaco-one-step-closer-to-moving-into-new-performance-centre/|access-date=16 December 2021|website=Monaco Tribune|language=en-US |last1=Boisaubert |first1=Romain }}

Since the arrival of Rybolovlev in 2011, Monaco had six podiums in Ligue 1, one French Cup final, two French League Cup finals, and UEFA Champions League's semi-finals.{{Cite web|date=5 August 2021|title=The History of AS Monaco: the Years of Glory and Rising Above Adversity|url=https://www.hellomonaco.com/news/sport/history-of-as-monaco-the-years-of-glory-and-rising-above-adversity/|access-date=16 December 2021|website=HelloMonaco|language=en-US}}{{Cite web|title=AS Monaco|url=https://www.monaco-tribune.com/en/as-monaco/|access-date=16 December 2021|website=Monaco Tribune|language=en-US}} In an interview to RMC radio in October 2021, Prince Albert II approved of the club's decision-making and assured that he has confidence in the management of the club's owner, Rybolovlev.{{Cite web|title=Monaco: le Prince Albert II regrette certains départs mais valide le projet de Rybolovlev|url=https://rmcsport.bfmtv.com/football/ligue-1/monaco-le-prince-albert-ii-regrette-certains-departs-mais-valide-le-projet-de-rybolovlev_AV-202110110452.html|access-date=16 December 2021|website=RMC SPORT|language=fr}}

Following the 2022 Russian invasion of Ukraine, France's football league stated that no sanctions were announced against Monaco and its players. Rybolovlev is not subject to EU, Monegasque or US sanctions.{{Cite web |last1=LIBERATION |last2=AFP |title=Guerre en Ukraine: quelles conséquences pour l'AS Monaco, détenu par Dmitri Rybolovlev ? |url=https://www.liberation.fr/sports/football/guerre-en-ukraine-quelles-consequences-pour-las-monaco-detenu-par-dmitri-rybolovlev-20220302_5FH7QSMWJZHOJK3WFXH2BGGUOY/ |access-date=2022-03-10 |website=Libération |language=fr}}{{Cite web |author=Casey Tolan, Curt Devine and Daniel A. Medina |title=Biden is vowing to seize Russian oligarchs' yachts. Here's where they are right now |url=https://www.cnn.com/2022/03/03/business/russian-oligarchs-yachts-invs/index.html |access-date=2022-03-10 |website=CNN|date=3 March 2022 }}

In November 2022, Rybolovlev joined the board of directors for the Ligue de Football Professionnel (LFP), which oversees two prominent football leagues in France.{{cite web |title=Dmitry Rybolovlev & family |url=https://www.forbes.com/profile/dmitry-rybolovlev/?sh=2e6400f43bec |accessdate=2023-10-31 |website=Forbes |language=en }}

Controversies

= Pollution of Kama River =

In June 2012, Green Patrol, a Russian environmental NGO, listed Uralkali as one of the top 100 polluters in Russia, based on information gathered during the previous years.{{Cite web|url=http://www.greenpatrol.ru/ru/novosti/100-glavnyh-zagryazniteley-rossii|title=100 ГЛАВНЫХ ЗАГРЯЗНИТЕЛЕЙ РОССИИ {{!}} Зеленый патруль|website=greenpatrol.ru|access-date=9 February 2017|archive-date=2 February 2017|archive-url=https://web.archive.org/web/20170202033539/http://www.greenpatrol.ru/ru/novosti/100-glavnyh-zagryazniteley-rossii|url-status=dead}} An expedition organized into the Perm Krai by the same NGO in 2010, when Rybolovlev was still the company's owner, revealed that Uralkali's sinks contained at least 16 harmful elements (including zinc and ammonium), exceeding the maximum permissible levels by 1,850 times.{{Cite web|url=http://www.beriki.ru/2010/04/02/rossiiskie-ekologi-obvinili-uralkalii-v-zagryaznenii-kamy|title=Российские экологи обвинили "Уралкалий" в загрязнении Камы|website=beriki.ru|language=ru|access-date=9 February 2017|archive-url=https://web.archive.org/web/20161121234321/http://www.beriki.ru/2010/04/02/rossiiskie-ekologi-obvinili-uralkalii-v-zagryaznenii-kamy|archive-date=21 November 2016|url-status=dead}}

According to Green Patrol's president, Roman Pukalov, Uralkali failed to fully disclose a complete list of harmful elements that it routinely ejected into the local river Kama. He described Kama water as "very polluted", declaring that small rivers around Berezniki had in fact turned into the brine.{{Cite news|url=http://www.rosbalt.ru/business/2010/04/01/724932.html|title="Зеленый патруль" добрался до Пермского края|newspaper=Росбалт|access-date=9 February 2017|archive-url=https://web.archive.org/web/20161121233149/http://www.rosbalt.ru/business/2010/04/01/724932.html|archive-date=21 November 2016|url-status=dead}} Furthermore, Uralkali's environmental spending under Rybolovlev was exceptionally low.{{Cite news|url=https://www.novayagazeta.ru/articles/2016/10/16/70202-vyshli-dengi-iz-provala|title=Вышли деньги из провала|newspaper=Новая газета – Novayagazeta.ru|access-date=9 February 2017|language=ru-RU}}

= Panama Papers scandal =

In April 2016, it was alleged by the International Consortium of Investigative Journalists (ICIJ){{cite news|url=https://panamapapers.icij.org/20160403-divorce-offshore-intrigue.html|title=How the One Percenters Divorce: Offshore Intrigue Plays Hide and Seek with Millions|date=3 April 2016|work=ICIJ|access-date=2 November 2016}} that Rybolovlev used a company registered in the Virgin Islands to hide art from his former wife Elena during their divorce proceeding.{{cite news|url=http://theartnewspaper.com/news/panama-papers-russian-billionaire-dmitry-rybolovlev-used-offshore-company-to-hide-art-from-wife-leak|title=Panama Papers: Dmitry Rybolovlev used offshore company to hide art from wife, leaked documents reveal|date=4 April 2016|work=The Art Newspaper|access-date=2 November 2016}} Rybolovlev's use of offshore companies was described as a "textbook example of the lengths rich people go to protect their considerable wealth in case of a marital breakup" by the Süddeutsche Zeitung.{{cite news|url=http://panamapapers.sueddeutsche.de/articles/5707ea36a1bb8d3c3495b999|title=Cheating, Divorce And Panama Papers|date=8 April 2016|work=üddeutsche Zeitung|access-date=2 November 2016}} Rybolvlev and his attorneys gave statements to media reports claiming the offshore structures established by the Rybolovlev family trust pre-dated the divorce proceedings by several years (but according to Monsecas leaked records the items at issue were moved out of Switzerland into London and Singapore which were out of his wife's reach using the Xitrans Finance Ltd owned by Family trust that only Dmitry and not his wife had access to ensuring the assets in it were not available to her in the divorce. This took place as the marriage was breaking down in 2009 just prior to the divorce according to Panama Papers reports, emails to Mossack Fonseca found in court records).{{Cite web |last=Kinsella |first=Eileen |date=2017-09-15 |title=Monaco's Justice Minister Resigns After Texts Reveal 'Vast Influence Peddling' in Billion-Dollar Art Fraud Case |url=https://news.artnet.com/art-world/monaco-justice-minister-resigns-1084301 |access-date=2022-06-24 |website=Artnet News |language=en-US}}

= Liberation of Georgi Bedjamov =

Georgi Bedjamov, President of the Federation of Bobsleigh and Skeleton of Russia and former co-owner of Vneshprombank, was arrested in March 2016 in Monaco, after an international arrest warrant was issued against him by the Russian authorities on charges of fraudulent bankruptcy and embezzlement. Bedjamov was liberated in July 2016 by the Prince, a decision that was later confirmed by the Monaco Appeal Court.{{cite news|title=Bedjamov : "niet" à l'extradition|url=http://www.lobservateurdemonaco.mc/wp-content/uploads/2016/11/Obs157.pdf|agency=L'Observateur de Monaco|issue=October 2016|access-date=9 November 2016|archive-date=10 November 2016|archive-url=https://web.archive.org/web/20161110105701/http://www.lobservateurdemonaco.mc/wp-content/uploads/2016/11/Obs157.pdf|url-status=dead}} Russian sources alleged that Rybolovlev helped Georgi Bedjamov escape Russian authorities,{{cite news|title=Искусство инвестиций во власть|url=https://www.novayagazeta.ru/articles/2016/09/26/69959-iskusstvo-investitsiy-vo-vlast|agency=Novaya Gazeta|date=26 September 2016}}{{cite news|title=Рыболовлев мутной воды|url=http://kremlnews.ru/articles.html?p2_articleid=6886|agency=The KremlNews|date=23 October 2016|access-date=9 November 2016|archive-url=https://web.archive.org/web/20161109223308/http://kremlnews.ru/articles.html?p2_articleid=6886|archive-date=9 November 2016|url-status=dead}} but Rybolovlev denied these claims in an interview to the French newspaper Le Parisien in late October 2016.{{cite news|title= Nous façonnons les STARS de DEMAIN |url=http://www.leparisien.fr/sports/nous-faconnons-les-stars-de-demain-27-10-2016-6256509.php|agency=Le Parisien|date=27 October 2016}}{{cite news|title=Рыболовлев заявил, что не имеет отношения к делу совладельца Внешпромбанка|url=https://www.gazeta.ru/social/news/2016/10/27/n_9266699.shtml|agency=Gazeta.ru|date=27 October 2016}}

= Football Leaks scandal =

In December 2016, the Football Leaks scandal revealed that Rybolovlev and football agent Jorge Mendes had set up a secret system to illegally buy players' shares. Using a Cyprus-based offshore investment fund named Browsefish Limited, Rybolovlev manipulated the price of his own players through third-party ownerships (TPO).{{Cite news|url=https://www.lequipe.fr/Football/Actualites/Football-leaks-le-partenariat-obscur-entre-rybolovlev-monaco-et-jorge-mendes/762435|title=Football Leaks : le partenariat obscur entre Rybolovlev (Monaco) et Jorge Mendes|last=Rédaction|newspaper=L'Equipe.fr|access-date=13 February 2017|language=fr-FR}} Rybolovlev resorted to the use of offshore companies to hide his identity, as TPOs are illegal in Europe.{{Cite news|url=https://www.mediapart.fr/journal/international/211216/le-trouble-business-du-proprietaire-de-las-monaco-avec-lagent-jorge-mendes|title=Le trouble business du propriétaire de l'AS Monaco avec l'agent Jorge Mendes|newspaper=Mediapart|access-date=13 February 2017|language=fr-FR}} Investigations revealed for example that football player Fabinho was already 48.5% owned by Rybolovlev when he was loaned to Monaco by Rio Ave{{Cite news|url=http://www.football365.fr/football-leaks-sombre-collaboration-entre-dmitri-rybolovlev-jorge-mendes-2860867.html|title=Football Leaks : La sombre collaboration entre Dmitri Rybolovlev et Jorge Mendes – Football 365|date=21 December 2016|newspaper=Football 365|access-date=13 February 2017|language=fr-FR}}

AS Monaco denied these allegations and that such a scheme was ever put into place, arguing that reports published in the French and European press to the contrary "contain false information and many inaccuracies".{{Cite web|url=http://www.espn.com/soccer/as-monaco/story/3690682/monaco-deny-trying-to-break-financial-fair-play-rules-after-football-leaks-claim|title=Monaco deny trying to break FFP rules|date=5 November 2018|website=ESPN.com|language=en|access-date=17 January 2019}}{{Cite web|url=https://www.skysports.com/football/news/11816/11545860/monaco-deny-financial-fair-play-report-claiming-owner-dmitry-rybolovlev-tried-to-circumvent-rules|title=Monaco deny Financial Fair Play report claiming owner Dmitry Rybolovlev tried to circumvent rules|website=Sky Sports|language=en|access-date=17 January 2019}}{{Cite web|url=https://www.straitstimes.com/sport/football/football-monaco-deny-football-leaks-claims-of-offshore-set-up-to-bypass-financial|title=Football: Monaco deny Football Leaks claims of offshore set-up to bypass Financial Fair Play|date=5 November 2018|website=The Straits Times|access-date=17 January 2019}}

= False allegations of participation in [[February 2025 United States–Russia summit in Saudi Arabia|February 2025 United States-Russia Summit in Saudi Arabia]] =

On February 18, 2025, media reports claimed that Dmitry Rybolovlev was allegedly present at the Russian-American negotiations in Riyadh.{{Cite web |last=Riu |first=Anaïs |date=2025-02-25 |title=Fake news involving AS Monaco President Dmitry Rybolovlev - representatives deny presence at Riyadh talks |url=https://www.monaco-tribune.com/en/2025/02/fake-news-involving-as-monaco-president-dmitry-rybolovlev-representatives-deny-presence-at-riyadh-talks/ |access-date=2025-03-07 |website=Monaco Tribune |language=en-US}} However, this information was refuted by independent investigators and Rybolovlev's representatives.{{Cite web |last=Puente |first=David |date=2025-02-19 |title=Dmitry Rybolovlev, l'oligarca russo che acquistò la villa di Trump, non si trovava ai colloqui per la pace a Riad |url=https://www.open.online/2025/02/19/dmitry-rybolovlev-oligarca-russo-che-villa-trump-colloqui-pace-riad-fc/ |access-date=2025-03-07 |website=Open |language=it-IT}}

Personal life

Dmitry and Elena Rybolovlev wed in 1987 in Perm, Russia. They met in medical school. They have two daughters: Ekaterina, born in 1989, and Anna, born in 2001.{{cite web|last=Sigmalive|title=Το προφίλ του Ρώσου μεγιστάνα Dimitry Rybolovlev|url=http://www.sigmalive.com/news/local/308487|date=23 September 2010}}{{Cite news|url=https://www.businessinsider.com/dmitri-rybolovlev-divorce-2010-11?IR=T|title=Russia's Potash King Is Getting Destroyed By A $12 Billion Divorce|work=Business Insider|access-date=18 October 2018}} In 2015, Ekaterina married Uruguayan businessman Juan Sartori who is an owner of a 20% stake in England's Sunderland. Der Spiegel reported in 2018 that Rybolovlev speaks neither English nor French.

= Divorce =

Elena Rybolovleva filed for divorce on 22 December 2008,{{cite magazine|title=Divorce du siècle Dmitry et Elena Rybolovlev : comment se séparer d'un milliardaire|url=http://www.vanityfair.fr/actualites/international/articles/dmitry-et-elena-ryboloblev-comment-divorcer-dun-milliardaire/14177|access-date=2 November 2016|magazine=Vanity Fair}} citing in her divorce petition the "serial infidelity" of her husband.{{cite news|title=Trump and the Oligarch|url=https://www.politico.com/magazine/story/2016/07/donald-trump-2016-russian-ties-214116/|access-date=2 November 2016|work=Politico}}{{cite news|url=https://www.telegraph.co.uk/news/worldnews/europe/russia/7868766/Russian-oligarch-facing-worlds-most-expensive-divorce.html|title=Russian oligarch facing world's most expensive divorce|work=The Telegraph}} On the same occasion, Elena officially asked the Geneva State prosecutor for protection of her assets from Rybolovlev.

In February 2014, Elena was detained in Cyprus for allegedly stealing a $28 million diamond ring she later proved her ex-husband had given her while they were still married.{{Cite news|url=https://cyprus-mail.com/2014/02/24/russian-billionaires-estranged-wife-detained-in-cyprus-over-25m-ring/|title=Russian billionaire's former wife detained in Cyprus over $25m ring (updated) – Cyprus Mail|date=24 February 2014|work=Cyprus Mail|access-date=18 October 2018|language=en-GB}}{{cite news|title=Did This Billionaire Get Swindled Out of Millions in an Elaborate Art World Scheme?|url=https://www.huffingtonpost.com/vicky-ward/post_10541_b_8585654.html|work=Huffington Post}}

In May of that year, a Geneva court awarded Elena a record settlement of $4.8 billion. This would have been the most expensive divorce settlement in history at the time.{{Cite news|url=https://eu.usatoday.com/story/news/world/2014/05/19/russian-oligarch-faces-45-billion-swiss-divorce-settlement/9294953/|title=Russian's $4.5 billion divorce may be biggest in history|work=USA TODAY|access-date=18 October 2018|language=en}} However, Rybolovlev's lawyers successfully appealed the 2014 ruling in June 2015. The Geneva court reversed the earlier decision, ruling that Elena's settlement be reduced to 564 million Swiss francs.{{Cite news|url=https://www.wsj.com/articles/russian-billionaires-divorce-settlement-amount-pared-back-1434044377|title=Russian Billionaire's Divorce Settlement Amount Pared Back|last=Letzing|first=John|date=11 June 2015|work=Wall Street Journal|access-date=18 October 2018|language=en-US|issn=0099-9660}}

Finally, in October 2015, Rybolovlev and Elena announced they had reached an amicable settlement of their divorce, and that all legal actions in relation to the case would cease. Financial terms of the settlement were not disclosed.{{cite web|url=https://www.telegraph.co.uk/news/worldnews/europe/france/11946463/The-most-expensive-divorce-in-history-ends-after-Russian-billionaire-reaches-deal-with-ex-wife.html|title='The most expensive divorce in history' ends after Russian billionaire reaches deal with ex-wife|date=21 October 2015 |access-date=2 March 2017}}

= Wealth =

In the Forbes Billionaires list for 2021, Rybolovlev was ranked the 391st richest person in the world with a net worth of $6.7 billion.{{Cite web|title=Forbes Billionaires 2021: The Richest People in the World|url=https://www.forbes.com/billionaires/|access-date=9 July 2021|website=Forbes|language=English}}

class="wikitable"
Indicator{{cite news|url=https://www.forbes.com/profile/dmitry-rybolovlev/|title=Dmitry Rybolovlev|access-date=27 July 2017|website=Forbes}}2006200720082009201020112012201320142015201620172018 || 2019

!2020

!2021

Net worth ($ billion)1.63.312.83.18.69.599.18.88.57.77.36.86.6

|6.6

|6.7

Rank (in the world)486271591967993100119147156170190242224

|224

|391

Rank (in Russia)3229111310141314171412151817

|17

|26

He owns an Airbus.

He is the owner of €80 million superyacht Anna I, which was sold in 2021,{{Cite web |title=Миллиардер Дмитрий Рыболовлев продал 67-метровую яхту |url=https://www.rbc.ru/business/28/09/2021/615333d19a7947b6d874f081 |access-date=16 December 2021 |website=РБК |date=28 September 2021 |language=ru}} and his new $250 million yacht, also called Anna.{{Cite web |date=6 October 2017 |title=Voici le "M/Y ANNA", le megayacht à 80M€ du propriétaire de l'AS Monaco |url=http://www.sportune.fr/sport-business/voici-le-my-anna-le-megayacht-a-80me-du-proprietaire-de-las-monaco-168330 |access-date=15 November 2019 |website=Sportune |language=fr-FR}}{{Cite web |last=Dobson |first=Jim |title=Billionaire Superyacht Showdown: Who's Who At The 2019 Cannes Film Festival |url=https://www.forbes.com/sites/jimdobson/2019/05/12/billionaire-superyacht-showdown-whos-who-at-the-2019-cannes-film-festival/ |access-date=15 November 2019 |website=Forbes |language=en}} Both yachts were built by Feadship and designed by Michael Leach, with Anna being the company's biggest superyacht to date.{{Cite web |title=110m Feadship superyacht Anna undertakes sea trials |url=https://www.boatinternational.com/yachts/news/110m-feadship-superyacht-project-1007-launched--32211 |access-date=15 November 2019 |website=Boat International |language=en}}

In July 2021, Rybolovlev acquired a new sailing ClubSwan 125 yacht, named Skorpios after the Greek island owned by his family trusts.{{Cite magazine |last=World |first=Yachting |date=6 July 2021 |title=The fastest monohull ever? Meet the ClubSwan 125 |url=https://www.yachtingworld.com/yachts-and-gear/the-fastest-monohull-ever-meet-the-clubswan-125-132623 |access-date=9 July 2021 |magazine=Yachting World |language=en-US}} The 43-meter racing vessel took four years to build at Nautor's Swan yard in Finland.{{Cite web |title=Dmitry Rybolovlev's new ClubSwan125 racing yacht promises to |url=https://www.sportsmole.co.uk/sailing/features/dmitry-rybolovlevs-new-clubswan125-racing-yacht-promises-to-liven-up-2021-sailing-season_453744.html |access-date=9 July 2021 |website=Sports Mole |language=en-GB}} The yacht was designed to be a record-breaker and is able to reach a speed of roughly 15 knots upwind and remain consistently faster than the wind speed downwind thanks to innovations including the addition of a single curved foil that provides sideways and vertical lift in varying conditions.{{Cite web |title='Record breaking' first ClubSwan 125 sailing superyacht completes sea trials |url=https://www.boatinternational.com/yachts/news/photos-construction-update-on-first-clubswan-125--34443 |access-date=9 July 2021 |website=www.boatinternational.com |language=en}} Skorpios' skipper is Olympic gold medalist and two-world champion Fernando Echávarri, while Rybolovlev is the racing yacht's helmsman.

Rybolovlev also owns a racing yacht of the ClubSwan 50 model, now renamed Sparti.{{Cite web |title=The first edition of the Swan Sardinia Challenge has ended in Porto Cervo {{!}} www.pressmare.it/ |url=https://www.pressmare.it/en/yacht-club/yacht-club-costa-smeralda/2021-06-26/first-edition-swan-sardinia-challenge-has-ended-porto-cervo-32506 |access-date=9 July 2021 |website=www.pressmare.it}} With this model, he won the ClubSwan 50 World Championship title during The Nations Trophy regatta in Palma Bay, Spain in October 2019.{{Cite web |title=ClubSwan 50 and Swan 45 world titles awarded |url=https://www.sailing.org/news/89374.php#.XbmFukVKhTY |access-date=15 November 2019 |website=sailing.org |language=en}} In the event's 2020 reiteration, Rybolovlev's ClubSwan 50 yacht took third place overall after winning two of that year's four races, making it the only team to win medals in the ClubSwan World Championship over two consecutive years.{{Cite web |title=Swan One Design World Championships at Scarlino, Tuscany – Overall |url=https://www.sail-world.com/news/232472/Swan-One-Design-World-Championships-overall |access-date=10 December 2020 |website=www.sail-world.com}}{{Cite web |title=Stormy weather gives Hatari the ClubSwan 50 title |url=https://www.sportsmole.co.uk/fb_419225.html |access-date=10 December 2020 |website=Sports Mole |language=en-GB}}

== Property ==

File:Maison de L'Amitie.jpg

File:15 CPW from the southeast.JPG as viewed from Central Park in 2013]]

Trusts in the name of Rybolovlev's daughter, Ekaterina, have made several significant property purchases around the world since 2008. The trusts have bought properties in Florida, Hawaii, New York City, Monaco, as well as two islands in Greece. Rybolovlev also owns an estate in Saint-Tropez on the Cote d'Azur in the south of France, houses in Gstaad, Switzerland, and used to own property in Geneva and Paris with his former wife.{{cite news |author=Paula Dupraz-Dobias |date=30 November 2014 |title=Do billionaires just want homes away from home? |work=Swiss Info |url=http://www.swissinfo.ch/eng/property-investment_do-billionaires-just-want-homes-away-from-home-/38722720 |access-date=22 June 2015}}{{cite news |author=Alexei Barrionuevo |date=5 April 2012 |title=Divorce, Oligarch Style |work=The New York Times |url=https://www.nytimes.com/2012/04/08/realestate/big-deal-dmitry-rybolovlevs-divorce-oligarch-style.html |access-date=26 June 2015}}{{cite news |date=19 May 2014 |title=Russian billionaire Rybolovlev told to pay ex-wife $4.5bn |work=BBC News Online |url=https://www.bbc.co.uk/news/world-europe-27474162 |access-date=26 June 2015}} In 2013, the property purchases were contested by Rybolovlev's estranged wife, Elena, during the couple's divorce proceedings.{{cite news |author=Megan Willett |date=20 August 2013 |title=Russian Billionaire Sued By Estranged Wife Over A $20 Million Hawaii Mansion He Bought From Will Smith |work=Business Insider |url=http://www.businessinsider.com/dmitry-rybolovlev-sued-by-wife-over-hawaii-mansion-2013-8?IR=T |access-date=26 June 2015}}

== United States ==

The New York Times reported that in 2008, Rybolovlev and his wife made house-hunting trips to New York City and aimed to buy their first property in the US, eyeing an apartment at 15 Central Park West, but the seller eventually withdrew from the deal.{{Cite news |last=Barrionuevo |first=Alexei |title=Russians Court Luxury Real Estate With Record-Breaking Sales |work=The New York Times |date=4 April 2012 |language=en |url=https://www.nytimes.com/2012/04/04/realestate/russians-court-luxury-real-estate-with-record-breaking-sales.html |access-date=18 October 2018}} Rybolovlev subsequently looked to Florida, where American businessman Donald Trump was selling a 6-acre Palm Beach residence on the coast of the Atlantic Ocean.

In 2008, Ekaterina Rybolovleva's trust bought the 18-bedroom Maison de L'Amitie in Palm Beach, Florida, from the American businessman Donald Trump.{{cite news |date=27 July 2016 |title=That time a Russian billionaire paid Trump $95 million for a mansion |newspaper=CNN |url=https://money.cnn.com/2016/07/27/news/donald-trump-russian-deal-mansion/ |access-date=31 July 2016}} Amidst concerns during his campaign about rubbing shoulders with Russian officials, Trump has claimed that the sale of Maison de L'Amitié, which he purchased for $40 million in 2004 and sold to Rybolovlev for $95 million, is the only dealing he has done with a Russian.{{Cite web |last=Pagliery |first=Jose |date=27 July 2016 |title=That time a Russian billionaire paid Trump $95 million for a mansion |url=https://money.cnn.com/2016/07/27/news/donald-trump-russian-deal-mansion/index.html |website=CNNMoney}} In February 2018, U.S. Senator Ron Wyden (D-OR) wrote to the US Treasury Department to request records on the purchase of the property. However, a spokesman for the Rybolovev family reiterated that the deal has long been publicly scrutinized since it was announced over a decade ago.{{Cite web |last=Pacenti |first=John |title=Senator seeks docs on Trump's Palm Beach deal with Russian oligarch |url=https://www.palmbeachpost.com/news/national-govt--politics/senator-seeks-docs-trump-palm-beach-deal-with-russian-oligarch/DSqLlEYxjmFLneXn7slL0M/ |website=The Palm Beach Post |access-date=21 May 2020 |archive-date=11 October 2018 |archive-url=https://web.archive.org/web/20181011121640/https://www.palmbeachpost.com/news/national-govt--politics/senator-seeks-docs-trump-palm-beach-deal-with-russian-oligarch/DSqLlEYxjmFLneXn7slL0M/ |url-status=dead }} As of February 2018, the trust's investment in the property looked on track to yield a significant return.{{Cite web |date=20 January 2018 |title=Russian billionaire relists Palm Beach lot for $42M |url=https://therealdeal.com/miami/2018/01/20/russian-billionaire-relists-palm-beach-lot-for-42m/ |website=The Real Deal Miami}}

In 2016, Rybolovlev razed the mansion on the property after being granted permission to subdivide the land into three lots, two of which have since sold for a combined $71.34 million.{{Cite news |last=Hofheinz |first=Darrell |title=Russian-owned lot in Palm Beach with Trump link listed at $42 million |language=en |work=Palm Beach Daily News |url=https://www.palmbeachdailynews.com/business/real-estate/russian-owned-lot-palm-beach-with-trump-link-listed-million/n5RRE1jCU6D22dfbtmc31L/ |access-date=18 October 2018 |archive-date=18 October 2018 |archive-url=https://web.archive.org/web/20181018163404/https://www.palmbeachdailynews.com/business/real-estate/russian-owned-lot-palm-beach-with-trump-link-listed-million/n5RRE1jCU6D22dfbtmc31L/ |url-status=dead }} The third lot of 2.23 acres was sold in July 2019 for $37.3 million.{{Cite web |last=Salzano |first=Miabelle |title=Last Lot of Former Trump Estate in Palm Beach Sells for $37.29 Million |url=https://www.mansionglobal.com/articles/last-lot-of-former-trump-estate-in-palm-beach-sells-for-37-29-million-204941 |access-date=31 July 2019 |website=www.mansionglobal.com |date=9 July 2019 |language=en-US}} Although the property's price was originally listed at $42 million,{{Cite web |title=Russian billionaire makes $37M selling Palm Beach land once owned by Trump |url=https://www.bizjournals.com/southflorida/news/2017/10/06/russian-billionaire-makes-37m-selling-palm-beach.html |access-date=18 October 2018 |website=bizjournals.com}} all three lots were sold for a total of $108.2 million, still roughly $13 million more than what Rybolovlev had paid for the property in 2008.{{Cite web |date=8 July 2019 |title=Russian oligarch sells last piece of former Trump estate in Palm Beach for $37M |url=https://therealdeal.com/miami/2019/07/08/russian-oligarch-sells-last-piece-of-former-trump-estate-in-palm-beach-for-37m/ |access-date=31 July 2019 |website=The Real Deal Miami |language=en-US}}

In December 2011, the trust bought a ten-room, {{convert|626|sqm|abbr=on}} apartment at 15 Central Park West in New York City for $88 million, from Joan Weill, the wife of Sanford I. Weill, the former chairman of Citigroup. This was a record price for an apartment in the city at the time of its purchase.{{cite news |last=New York Times |date=3 April 2012 |title=Time to Sell Penthouse. The Russians Have Cash |work=The New York Times |url=https://www.nytimes.com/2012/04/04/realestate/russians-court-luxury-real-estate-with-record-breaking-sales.html?_r=1&pagewanted=all}}

In 2011, Rybololev also bought a $20 million property in Kauai, Hawaii, from the American actor Will Smith. During his ownership, 21 acres were added to the estate, and put on the market for $29.5 million in 2015.{{Cite web |title=The Russian heiress who bought Will Smith's former Hawaiian estate is selling it for $29.5 million |url=http://www.businessinsider.fr/us/will-smiths-former-hawaiian-estate-just-hit-the-market-for-295-million-2015-7 |access-date=18 October 2018 |website=Business Insider France |language=fr-FR}}

== Greece ==

File:Skorpios.jpg in July 2007]]

In April 2013, Ekaterina Rybolovlev's trust bought a group of companies from the Greek heiress Athina Onassis Roussel. The assets included the 74-acre Greek island of Skorpios and its smaller islet, Sparti.{{cite news |author=Morgan Brennan |date=15 April 2013 |title=Confirmed: Russian Billionaire Heiress Buys Famed Greek Island Of Skorpios |work=Forbes |url=https://www.forbes.com/sites/morganbrennan/2013/04/15/russian-billionaire-heiress-buys-famed-greek-island-of-skorpios/ |access-date=26 June 2015}}{{cite news |last=Busvine |first=Douglas |date=13 April 2013 |title=Russian billionaire's daughter buys Onassis island Skorpios |work=Reuters |url=https://www.reuters.com/article/greece-onassis-skorpios-idUSL5N0CZ1E020130413 |access-date=26 June 2015}} The sale price was reported as $154 million.{{cite news |date=11 April 2013 |title=Russian Billionaire Buys Greece's Most Famous Private Island For $153 Million |work=Business Insider |url=http://www.businessinsider.com/skorpios-sold-to-russian-billionaire-2013-4?IR=T |access-date=26 June 2015}} In October 2018, Dmitry Rybolovlev started a major development project on the island with the aim of transforming it into a luxury resort. The total investment in the project amounts to €184 million. The work was supposed to end in 2020.{{Cite web |title=Russian Tycoon Starts €184Μ Development on Former Onassis Island {{!}} GreekReporter.com |url=https://greece.greekreporter.com/2018/09/14/russian-tycoon-starts-e184%CE%BC-development-on-former-onassis-island/ |access-date=18 October 2018 |website=greece.greekreporter.com |language=en-US}} At the beginning of 2021, the completion date was shifted to 2024. The investment in the resort was estimated at €165 million, and the estimated price of a weekly rental was estimated at €1 million.{{Cite web |date=26 January 2021 |title=Inside a Russian billionaire's $200 million plan to transform the tiny Greek island where Jacqueline Kennedy married Aristotle Onassis into a luxury resort |url=https://www.businessinsider.in/thelife/news/inside-a-russian-billionaires-200-million-plan-to-transform-the-tiny-greek-island-where-jacqueline-kennedy-married-aristotle-onassis-into-a-luxury-resort/articleshow/80464418.cms |publisher=Business Insider}}

On 8 November 2021, the Co-Ordination Authority of the Peloponnese, Western Sterea Hellas, and Ionian Islands prefecture, after a petition was submitted by a number of inhabitants of nearby Lefkada island, annulled a permit allowing enlargement works on the Skorpios small port. Representatives of the Rybolovlev investment company declared that they would appeal the decision.{{cite news |last=Kibouropoulos |first=Yannis |date=22 November 2021 |title=Τρία νέα 'κεντριά' στον Σκορπιό |language=Greek |trans-title=Three new 'stings' in Skorpios |work=EfSyn |url=http://www.sun-sentinel.com/news/palm-beach/fl-citrus-canker-ruling-20131016,0,7602285.story |access-date=22 November 2021 |archive-date=19 August 2022 |archive-url=https://web.archive.org/web/20220819043700/https://www.sun-sentinel.com/ |url-status=dead }}

== Monaco ==

In 2010, Rybolovlev bought a 2,000m 2 Belle Époque style penthouse apartment on the Avenue d'Ostende in the Monte Carlo district of Monaco. The property was bought for 220 million. Its previous owners include Christian and Nick Candy, British brothers behind the Candy & Candy interior design and property development business, and earlier, Brazilian banker Edmond Safra, who died in a fire at the apartment in 1999.{{cite news |author=Valérie Duby |date=21 May 2014 |title=Divorce du siècle: ne pleurons pas sur son sort! |work=Le Matin (Switzerland) |url=http://www.lematin.ch/suisse/divorce-siecle-pleurons-sort/story/14969307 |access-date=26 June 2015}}{{cite news |author=Pascal Ceaux and Boris Thiolay |date=10 August 2013 |title=AS Monaco: Dmitry Rybolovlev, un Russe à la conquête du Rocher |work=L'Express |url=http://www.lexpress.fr/actualite/sport/football/as-monaco-rybolovlev-ce-russe-qui-monte-sur-le-rocher_1271643.html |access-date=26 June 2015}}{{Cite news |title=Nick and Christian Candy Renovate a Penthouse in Monte Carlo {{!}} Architectural Digest |language=en |work=Architectural Digest |url=https://www.architecturaldigest.com/story/view-from-the-top-article |access-date=18 October 2018}}

== Switzerland ==

Rybolovlev and his former wife owned a property in Geneva, Switzerland, which they demolished in 2008 and planned to replace with a replica of the palace of Marie-Antoinette, the Petit Trianon at the Palace of Versailles. The project was abandoned amidst the couple's divorce proceedings. Rybolovlev has also built two houses worth $135 million in the Swiss alpine resort of Gstaad.

== Art collection ==

Rybolovlev's art collection has included paintings by Paul Gauguin, Auguste Rodin, Amedeo Modigliani, Pablo Picasso, Henri Matisse, Claude Monet and Mark Rothko.{{cite web |title=Рыболовлев заплатил обманувшему его арт-дилеру более $2 млрд |url=http://top.rbc.ru/society/28/04/2015/553fb4fa9a794733d8b7c19a |access-date=27 June 2015 |work=РБК|date=28 April 2015 }} and Vincent van Gogh.{{cite book |last=Bregman |first=Alexandra |title=The Bouvier Affair: A True Story |url=https://amazon.com/dp/B07QDKMWNG/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1 |access-date=11 April 2019}} He was also the owner of Salvator Mundi by Leonardo da Vinci, or studio, until it was sold at Christie's auction house for a record-breaking $450 million on 15 November 2017.{{cite news |title='Leonardo da Vinci artwork' sells for record $450m |url=https://www.bbc.co.uk/news/entertainment-arts-42000696 |access-date=16 November 2017 |work=BBC News|date=15 November 2017 }}

In 2012, he acquired a 1907 painting Water Serpents II by Austrian artist Gustav Klimt for $112 million.{{cite news |title=Gustav Klimt's rare painting 'Water Serpents II' gets an exhibition in Austria after 60 years |url=https://economictimes.indiatimes.com/magazines/panache/gustav-klimts-rare-painting-water-serpents-ii-gets-an-exhibition-in-austria-after-60-years/articleshow/97645369.cms |accessdate=2023-10-31 |newspaper=The Economic Times |date=6 February 2023 |language=en }}

== The Bouvier Affair ==

{{Further|The Bouvier Affair}}

In early 2015, it was reported that Rybolovlev may have been a victim of a complex art fraud to the tune of $1 billion allegedly perpetrated by the art dealer Yves Bouvier, who was indicted on charges of fraud and complicity in money laundering. {{Cite magazine |last=Knight |first=Sam |title=The Art-World Insider Who Went Too Far |url=https://www.newyorker.com/magazine/2016/02/08/the-bouvier-affair |access-date=31 July 2020 |magazine=The New Yorker |date=February 2016 |language=en-us}}{{Cite web |title=Sotheby's internal correspondence could become object of public scrutiny |url=http://www.rapsinews.com/publications/20191117/305055804.html |access-date=31 July 2020 |website=RAPSI|date=17 November 2019 }} In 2015, Rybolovlev was again at the center of a controversy after it was alleged that he bought two stolen Picassos from art dealer Olivier Thomas through the mediation of Yves Bouvier.{{Cite news |date=19 May 2015 |title=Did Rybolovlev buy stolen Picasso paintings?-artnet news |language=en-US |newspaper=artnet News |url=https://news.artnet.com/market/dmitry-rybolovlev-unwittingly-buy-paintings-stolen-picasso-stepdaughter-299709 |access-date=22 December 2016}}{{Cite web |last=Media |first=ATG |title=Art dealer faces fresh questions over Picasso theft after images of works found on his laptop |url=https://www.antiquestradegazette.com/news/2016/art-dealer-faces-fresh-questions-over-picasso-theft-after-images-of-works-found-on-his-laptop/ |access-date=22 December 2016 |website=antiquestradegazette.com}}{{Cite web |agency=Agence France-Presse |date=25 September 2015 |title=Russian billionaire in art dealer feud hands over Picassos |url=http://www.theguardian.com/artanddesign/2015/sep/25/russian-billionaire-picassos-art-dealer-feud |access-date=16 December 2021 |website=The Guardian |language=en}} In September 2015 he returned the paintings, valued at $30 million, to the artist's stepdaughter.{{Cite news |last1=Carvajal |first1=Doreen |last2=Bowley |first2=Graham |date=23 September 2015 |title=The Billionaire, the Picassos and a $30 Million Gift to Shame a Middleman |language=en-US |work=The New York Times |url=https://www.nytimes.com/2015/09/24/arts/design/the-billionaire-the-picassos-and-a-30-million-gift-to-shame-a-middleman.html |access-date=16 December 2021 |issn=0362-4331}} In October 2018, Rybolovlev launched a lawsuit against Sotheby's in Manhattan federal court, alleging that the auction house "materially assisted the largest art fraud in history".{{Cite web |last=Kazakina |first=Katya |date=3 October 2018 |title=Billionaire Slaps Sotheby's With $380 Million Lawsuit |url=https://www.bloomberg.com/news/articles/2018-10-02/billionaire-rybolovlev-slaps-sotheby-s-with-380-million-lawsuit |access-date=19 October 2018 |website=bloomberg.com}} Rybolovlev's lawyers said "Sotheby's was the willing auction house that knowingly and intentionally made the fraud possible" because it knew how much Bouvier paid the sellers. Sotheby's has denied these allegations.{{Cite news |last=Devitt |first=Polina |title=Russian tycoon sues Sotheby's for $380 million over art deals |language=en-US |work=U.S. |url=https://www.reuters.com/article/us-art-sotheby-s-rybolovlev/russian-tycoon-sues-sothebys-for-380-million-over-art-deals-idUSKCN1MD1Y1 |access-date=19 October 2018}}

On 6 November 2018, Rybolovlev was questioned by the Monegasque police. {{Cite news |author=((Reuters Editorial)) |title=Monaco police question Russian tycoon Rybolovlev in graft probe: Le... |language=en-US |work=U.S. |url=https://www.reuters.com/article/us-monaco-tycoon-investigation/monaco-police-question-russian-tycoon-rybolovlev-in-graft-probe-le-monde-idUSKCN1NB2PZ |access-date=7 November 2018}}{{Cite web |date=6 November 2018 |title=Russian Billionaire Rybolovlev Questioned by Monaco Police |url=https://www.bloomberg.com/news/articles/2018-11-06/russian-billionaire-rybolovlev-questioned-by-police-in-monaco |access-date=6 November 2018 |website=Bloomberg}} His lawyers stated that this happened on the basis of information obtained from the phone of one of Rybolovlev's previous lawyers Tatiana Bersheda, which is the subject of an appeal in Monaco. Rybolovlev was subsequently named a "formal suspect" in a graft investigation by Monaco's chief prosecutor. He was released from custody and placed under judicial control.{{Cite news |author=((Reuters Editorial)) |title=Russian tycoon a formal suspect in Monaco graft probe – prosecutor |language=en-GB |work=U.K. |url=https://uk.reuters.com/article/uk-monaco-tycoon-investigation/russian-tycoon-a-formal-suspect-in-monaco-graft-probe-prosecutor-idUKKCN1NC2E9 |archive-url=https://web.archive.org/web/20181108004815/https://uk.reuters.com/article/uk-monaco-tycoon-investigation/russian-tycoon-a-formal-suspect-in-monaco-graft-probe-prosecutor-idUKKCN1NC2E9 |url-status=dead |archive-date=8 November 2018 |access-date=8 November 2018}}

In an interview with the Nice Matin in December 2018, Rybolovlev's lawyer, Me Hervé Temime, criticised repeated violations of the investigation's secrecy that he attributed to vested interests against Rybolovlev. He also stated that "the seriousness of the initial scam" was understated "because of the wealth" of Rybolovlev in what he described as an ostracism of rich Russians.{{Cite web |date=17 December 2018 |title=L'avocat de Dmitri Rybolovlev brise le silence: "Au tribunal, on ne jouera pas au bonneteau" |url=https://www.monacomatin.mc/justice/lavocat-de-dmitri-rybolovlev-brise-le-silence-au-tribunal-on-ne-jouera-pas-au-bonneteau-285042 |access-date=21 December 2018 |website=Nice-Matin |language=fr}}

In June 2019, Sotheby's request to have the case against it thrown out was denied by a US federal court in Manhattan.{{Cite news |date=25 June 2019 |title=Sotheby's must face Russian billionaire's lawsuit over art fraud -... |language=en |work=Reuters |url=https://www.reuters.com/article/us-art-sotheby-s-rybolovlev-idUSKCN1TQ2KL |access-date=31 July 2019}} The court argued that Sotheby's had failed to establish "exceptional circumstances" to justify such a move. The auction house also had to allow public access to previously sealed or redacted documents detailing correspondence between Yves Bouvier, Sotheby's staff as well as Sotheby's senior director and vice-chairman for private sales Samuel Valette.{{Cite web |title=Sotheby's denied dismissal of Rybolovlev's $380m lawsuit by New York judge |url=http://theartnewspaper.com/news/sotheby-s-denied-dismissal-of-rybolovlev-s-usd380m-lawsuit-by-new-york-judge |access-date=31 July 2019 |website=theartnewspaper.com|date=26 June 2019 }} According to the Art Newspaper, the correspondence reveals "that Bouvier paid Sotheby's $83 million for Salvator Mundi, suggesting a 53.62% markup on the painting, as Rybolovlev had alleged".{{Cite web |date=26 June 2019 |title=Russian Billionaire Dmitry Rybolovlev Can Proceed With His $380 Million Lawsuit Against Sotheby's, a Judge Says |url=https://news.artnet.com/art-world/rybolovlev-can-proceed-lawsuit-against-sothebys-1585969 |access-date=31 July 2019 |website=artnet News |language=en-US}} Next to Salvator Mundi, the documents pertain to pricing negotiations between Bouvier and Sotheby's for Gustav Klimt's Wasserschlangen II in 2012, Picasso's L'Homme Assis Au Verre and Modigliani's Nu Couché au Coussin Bleu.

In July 2020, criminal proceedings against Bouvier for fraud and money laundering were dismissed by Monaco's Court of Revision on the procedural grounds that "the investigations had been conducted in a biased and unfair manner".{{Cite news |last=Bowley |first=Graham |date=8 July 2020 |title=Court Ruling in Monaco Ends One Piece of a $2 Billion Art Dispute |language=en-US |work=The New York Times |url=https://www.nytimes.com/2020/07/08/arts/design/yves-bouvier-art-fraud-monaco.html |access-date=1 February 2021 |issn=0362-4331}} In January 2021, Swiss prosecutors closed a two-year-long investigation into Bouvier.{{Cite web |date=28 January 2021 |title=In a Victory for Art Dealer Yves Bouvier, Swiss Prosecutors Are Closing the Book on Claims Brought Against Him by a Russian Oligarch |url=https://news.artnet.com/art-world/yves-bouvier-dmitry-rybolovlev-geneva-1940089 |access-date=1 February 2021 |website=artnet News |language=en-US}} Rybolovlev appealed the prosecutor's decision. As of February 2021, litigation between Rybolovlev and Bouvier is still ongoing in a number of jurisdictions, including the US, London and Paris. After the Swiss prosecutor closed the investigation, Rybolovlev's lawyers filed an appeal claiming the case was "one of the most serious the art world has ever known, be duly considered and finally judged on its merits".{{Cite web |title=Guerre des tableaux – Le magnat Dmitri Rybolovlev refuse de plier face à Yves Bouvier |url=https://www.tdg.ch/le-magnat-rybolovlev-refuse-de-plier-contre-yves-bouvier-779410030633 |access-date=16 December 2021 |website=Tribune de Genève |date=26 October 2021 |language=fr}}{{Cite news |date=25 October 2021 |title=Les avocats de Dmitri Rybolovlev se disent soucieux de la transparence du marché de l'art suisse |language=fr |work=Le Temps |url=https://www.letemps.ch/economie/avocats-dmitri-rybolovlev-se-disent-soucieux-transparence-marche-lart-suisse |access-date=16 December 2021 |issn=1423-3967}}

In September 2021, Rybolovlev filed a case with the European Court of Human Rights (ECHR) against the Department of Justice of Monaco in a case of attorney-client privilege violation within the Bouvier affair. During the investigation in Monaco, the judge seized the phone of Rybolovlev's lawyer in order to verify the authenticity of the records that were a part of the proceedings. However, he accessed all the information contained in the lawyer's smartphone. Rybolovlev and his lawyer contested this use of the telephone and alleged a violation of the attorney-client privilege. {{Cite web |last=Valdiguié |first=Laurent |date=13 October 2021 |title=Affaire Rybolovlev à Monaco : la CEDH se penche sur le secret professionnel des avocats |url=https://www.marianne.net/societe/police-et-justice/affaire-rybolovlev-a-monaco-la-cedh-se-penche-sur-le-secret-professionnel-des-avocats |url-status=live |archive-url=https://web.archive.org/web/20211013114925/https://www.marianne.net/societe/police-et-justice/affaire-rybolovlev-a-monaco-la-cedh-se-penche-sur-le-secret-professionnel-des-avocats |archive-date=13 October 2021 |access-date=16 December 2021 |website=www.marianne.net |language=fr}}

In July 2022, the criminal court of appeal in Geneva nullified the previous dismissal of Rybolovlev's complaints against Bouvier, which had been pronounced by the prosecutor. The court's decision acknowledged that "the possible existence of deception cannot be denied."{{Cite web |date=2022-07-28 |title=Billionaire battle rages on as Geneva court overturns dismissal of Dmitry Rybolovev's fraud case against art dealer Yves Bouvier |url=https://www.theartnewspaper.com/2022/07/28/geneva-court-overturns-dismissal-of-dmitry-rybolovevs-fraud-case-against-art-dealer-yves-bouvier |access-date=2023-05-15 |website=The Art Newspaper - International art news and events}} Furthermore, the Geneva court returned the case to the Geneva Prosecutor's Office for further investigation into Bouvier.{{Cite web |date=2022-08-01 |title=The Never-Ending Art Fraud Battle Between Billionaires Yves Bouvier and Dmitry Rybolovlev Will, of Course, Continue |url=https://observer.com/2022/08/the-never-ending-art-fraud-battle-between-billionaires-yves-bouvier-and-dmitry-rybolovlev-will-of-course-continue/ |access-date=2023-05-15 |website=Observer |language=en-US}}

In March 2023, U.S. District Judge Jesse Furman decreed that Sotheby's must confront the lawsuit filed by Rybolovlev. The suit accuses the auction house of being complicit in the former art dealer's scam, which led to overcharging Rybolovlev for 15 pieces of art.{{Cite news |last=Stempel |first=Jonathan |date=2023-03-01 |title=Sotheby's must face Russian billionaire oligarch's art fraud lawsuit |language=en |work=Reuters |url=https://www.reuters.com/legal/sothebys-must-face-russian-billionaire-oligarchs-art-fraud-lawsuit-2023-03-01/ |access-date=2023-05-15}} The artworks in question are worth hundreds of millions of dollars and include works by Gustav Klimt, Rene Magritte, and Amedeo Modigliani, along with The Salvator Mundi, attributed to Leonardo da Vinci.{{Cite web |date=2023-03-07 |title=Leonardo's Salvator Mundi heads to court in case against Sotheby's |url=https://www.theartnewspaper.com/2023/03/07/leonardos-salvator-mundi-heads-to-court-in-case-against-sothebys |access-date=2023-05-15 |website=The Art Newspaper - International art news and events}}

The accusations in the lawsuit revolve around fraud. The judge allowed the Salvator Mundi claims and referred to evidence that Sotheby's was aware that Bouvier had purchased the painting for Rybolovlev. Sotheby's client manager collaborated with Bouvier to "adjust its valuation" despite objections from Sotheby's own Old Masters specialist. The judge's ruling also confirms that Samuel Valette, a senior director and vice chairman of Sotheby's private sales worldwide for the Impressionist and Modern art department, "was aware of Bouvier's price manipulation and the essence of his scheme."

In November 2023, it was reported that Monaco investigating judges dismissed the case against Rybolovlev concerning his alleged complicity for invasion of privacy. A complaint against Rybolovlev as well as his lawyer Tetiana Bersheda and then-Monaco public prosecutor Jean-Pierre Dreno was filed back in 2015 by Tatia Rappo, a friend of both Rybolovlev and Bouvier. The case against Dreno was also dismissed in November 2023, whereas Bersheda was cleared of any wrongdoing by the Monaco court in March 2024.{{Cite web |last=Esteve |first=Camille |date=2023-11-30 |title=Bouvier-Rybolovlev case: Jean-Pierre Dreno and Dmitry Rybolovlev cleared of invasion of privacy allegations |url=https://www.monaco-tribune.com/en/2023/11/bouvier-rybolovlev-case-jean-pierre-dreno-and-dmitry-rybolovlev-cleared-of-invasion-of-privacy-allegations/ |access-date=2024-03-29 |website=Monaco Tribune |language=en-US}}

In December 2023, it was reported that Rybolovlev and Bouvier reached an undisclosed settlement agreement. According to a statement by the Geneva prosecutor's office, the parties requested that the criminal proceedings not be pursued.{{Cite web |last=Kinsella |first=Eileen |date=2023-12-11 |title=The Sprawling Legal Dispute Between Yves Bouvier and Dmitry Rybolovlev Is Finally Over |url=https://news.artnet.com/art-world/yves-bouvier-rybolovlev-dispute-settled-2406832 |access-date=2023-12-22 |website=Artnet News |language=en-US}}

On 8 January 2024, Rybolovlev's lawsuit against Sotheby's began in Manhattan federal court lasting nearly four weeks. Rybolovlev personally testified in court through interpreters saying he fully relied on documents from Sotheby's when making art purchases through Bouvier, which eventually led him to overpay his art advisor up to $1 billion.{{Cite news |last=Fanelli |first=Kelly Crow and James |title=Sotheby's Cleared of Claims It Duped Russian Billionaire |url=https://www.wsj.com/arts-culture/fine-art/sothebys-cleared-of-claims-it-duped-russian-billionaire-f419132f |access-date=2024-03-29 |work=WSJ |language=en-US}} Samuel Valette, Sotheby's senior vice president and head of private sales for EMEA, testified that the information in Bouvier's emails to Rybolovlev's aide to justify the price of artworks was “a complete fiction”.{{Cite web |last=Kinsella |first=Eileen |date=2024-01-19 |title=Sotheby's Exec Paints an Ugly Picture of Yves Bouvier's Deceptions in Ongoing Rybolovlev Trial |url=https://news.artnet.com/art-world/sothebys-exec-ugly-picture-rybolovlev-trial-2421077 |access-date=2024-03-29 |website=Artnet News |language=en-US}}

On January 30, the ten-member jury found that the auction house didn't aid in defrauding Rybolovlev by secretly and significantly marking up the prices of 4 artworks sold to the Russian collector. Rybolovlev's lawyer said, however, that the case “achieved our goal of shining a light on the lack of transparency that plagues the art market,” adding, “That secrecy made it difficult to prove a complex aiding and abetting fraud case. This verdict only highlights the need for reforms, which must be made outside the courtroom.”{{Cite news |date=2024-01-30 |title=Sotheby's Wins Suit by Russian Billionaire Over Art Fraud |url=https://www.bloomberg.com/news/articles/2024-01-30/sotheby-s-wins-suit-filed-by-russian-billionaire-over-art-fraud |access-date=2024-03-29 |work=Bloomberg.com |language=en}}

On 6 June 2024, the ECHR issued a decision that confirmed the violation of Article 8 (right to respect for private life) of the European Convention on Human Rights of Rybolovlev’s lawyer, Tetiana Bersheda. The court ruled that during proceedings in Monaco, the judge “had extended the scope of his investigation too broadly and that the supervisory judicial authorities had failed to redefine the bounds of the expert’s assignment and of the investigation, in order to comply with the judge’s remit”. According to Rybolovlev’s attorney, Me Martin Reynaud, legal proceedings concerning corruption and influence peddling in Monaco could no longer continue as their basis was now considered illicitly obtained by Monegasque judiciary authorities.{{Cite web |last=Bregman |first=Alexandra |title='Monacogate' Feud Now Considered Human Rights Violation |url=https://www.forbes.com/sites/alexandrabregman/2024/06/10/monacogate-feud-now-considered-human-rights-violation/ |access-date=2024-06-20 |website=Forbes |language=en}}{{Cite web |title=HUDOC - European Court of Human Rights |url=https://hudoc.echr.coe.int/#%7B%22itemid%22:%5B%22003-7965975-11107293%22%5D%7D |access-date=2024-06-20 |website=hudoc.echr.coe.int}}

In October 2024, Rybolovlev was cleared by Swiss authorities over his alleged role in the arrest of Yves Bouvier in Monaco in 2015. The Office of the Attorney General of Switzerland initiated criminal proceedings in 2017 and accused Rybolovlev of “performing illegally for a foreign state” by allegedly arranging for Bouvier to be apprehended by Monaco’s police. After a thorough investigation, the Swiss attorney general’s office concluded that no suspicion justifying an indictment had been established and closed the case.{{Cite web |last=Cassady |first=Daniel |date=2024-10-23 |title=Billionaire Dmitry Rybolovlev Cleared in Swiss Investigation, Swiss Dealer Yves Bouvier Faces $830 M. Tax Bill |url=https://www.artnews.com/art-news/news/rybolovlev-cleared-in-swiss-investigation-bouvier-faces-huge-tax-bill-1234721933/ |access-date=2024-10-28 |website=ARTnews.com |language=en-US}}

In February 2025, the corruption and the influence-peddling case against Dmitry Rybolovlev was officially closed after Monaco’s judiciary ruled that the evidence presented was based on data unlawfully extracted from his lawyer's phone.{{Cite web |last=Boutry |first=Timothée |date=2025-02-27 |title=Soupçons de corruption : la justice monégasque enterre l’affaire Dmitri Rybolovlev |url=https://www.leparisien.fr/faits-divers/soupcons-de-corruption-la-justice-monegasque-enterre-laffaire-dmitri-rybolovlev-27-02-2025-DJMPUUTBMBHZ5AHKJ2VN5FJVKY.php |access-date=2025-03-20 |website=leparisien.fr |language=fr-FR}} The decision followed a ruling by the European Court of Human Rights (ECHR), which stated that Article 8 of the European Convention on Human Rights, concerning the right to privacy, had been violated. This effectively concluded the legal proceedings that had been ongoing since 2015. According to Rybolovlev's lawyers, there are no longer any criminal cases pending against him in any country in the world, and he is fully exonerated.{{Cite web |last=Cassady |first=Daniel |date=2025-02-27 |title=Monaco Court Annuls Case Against Billionaire Art Collector Dmitry Rybolovlev |url=https://www.artnews.com/art-news/news/monaco-court-annuls-case-dmitry-rybolovlev-yves-bouvier-1234733799/ |access-date=2025-03-20 |website=ARTnews.com |language=en-US}}

Philanthropy

Rybolovlev provided financial assistance to the reconstruction of Saint Petersburg's Oranienbaum Palace, as well as to the restoration of the Conception Convent (also known as Zachatyevsky Monastery) in Moscow.{{Cite news |date=5 June 2013 |title=Dmitry Rybolovlev: a Russian prince in Monaco |language=en |work=euronews |url=https://www.euronews.com/2013/06/05/dmitry-rybolovlev-a-russian-prince-in-monaco |access-date=19 October 2018 |archive-date=19 October 2018 |archive-url=https://web.archive.org/web/20181019205645/https://www.euronews.com/2013/06/05/dmitry-rybolovlev-a-russian-prince-in-monaco |url-status=dead }} He donated €17.5 million for the re-building of the Cathedral of Nativity of Theotokos in Moscow, and was involved in the restoration of several icon paintings in the Cathedral of Exaltation of the Cross recreated in Belogorsk Saint Nicolas Monastery. He donated funds for the construction of the Russian Orthodox Church of St Nicholas in Limassol, Cyprus.{{cite web |last=Kathimerini |date=11 June 2012 |title=Οι ρωσόφωνοι αποκτούν τη "στέγη της πίστης" τους |trans-title=Russian Orthodox church in Cyprus |url=http://www.kathimerini.com.cy/index.php?pageaction=kat&modid=1&artid=93261&show=Y}}{{Cite web |title=Is Dmitry Rybolovlev Football's Wise Man? |url=http://www.goldnews.com.cy/en/people/is-dmitry-rybolovlev-footballs-wise-man |access-date=19 October 2018 |website=goldnews.com.cy |language=en}}

In 2010, Rybolovlev was awarded the Order of St Seraphim of Sarov I degree by Patriarch Kirill for funding the restoration of the Cathedral of the Nativity of the Most Holy Mother of God in Zachatyevsky Convent.{{cite web |last=Romfea |date=30 December 2010 |title=Ο Πατριάρχης Μόσχας τίμησε τον μεγιστάνα Dmitry Rybolovlev |url=http://www.romfea.gr/patriarxeia/patriarxeia/patriarxeio-mosxas/6996-6798}}

In April 2020, Rybolovlev donated the amount of 80 million rubles (more than $1 million) through his "Financial house" investment company to the Perm Territory Charitable Foundation to fight the coronavirus.{{Cite web |date=10 April 2020 |title=Дмитрий Рыболовлев пожертвовал в краевой фонд по борьбе с коронавирусом 80 млн руб. |url=https://www.kommersant.ru/doc/4319882 |access-date=16 December 2021 |website=kommersant.ru |language=ru}}{{Cite web |last=ОВЧИННИКОВА |first=Алена |date=10 April 2020 |title=Дмитрий Рыболовлев пожертвовал Пермскому краю на борьбу с коронавирусом 80 миллионов рублей |url=https://www.perm.kp.ru/online/news/3831779/ |access-date=16 December 2021 |website=perm.kp.ru |language=ru}}

In October 2020, Rybolovlev announced he would donate €250,000 to help rebuild the pitch of Saint-Martin-Vésubie, which was destroyed during Storm Alex.{{Cite web |date=13 October 2020 |title=Le président de l'AS Monaco se mobilise pour reconstruire un stade à Saint-Martin-Vésubie |url=https://www.nicematin.com/faits-de-societe/le-president-de-las-monaco-se-mobilise-pour-reconstruire-un-stade-a-saint-martin-vesubie-587101 |access-date=10 December 2020 |website=Nice-Matin |language=fr}}{{Cite web |title=Dmitri Rybolovlev va financer la reconstruction d'un stade à Saint-Martin-Vésubie |url=https://www.sofoot.com/dmitri-rybolovlev-va-financer-la-reconstruction-d-un-stade-a-saint-martin-vesubie-489805.html |access-date=10 December 2020 |website=SOFOOT.com |date=13 October 2020 |language=fr}} The donation follows a letter written by local 11-year-old twins to Rybolovlev asking for financial help for a stadium where ASM's academy spends a period of their pre-season every year.{{Cite web |title=AS Monaco owner Rybolovlev offering €250k to rebuild Saint-Martin-Vésubie stadium after Storm Alex {{!}} Get French Football News |url=https://www.getfootballnewsfrance.com/2020/as-monaco-owner-rybolovlev-offering-e250k-to-rebuild-saint-martin-vesubie-stadium-after-storm-alex/ |access-date=16 December 2021 |website=www.getfootballnewsfrance.com|date=13 October 2020 }}{{Cite web |date=14 October 2020 |title=AS Monaco president announces personal donation to help rebuild football pitch destroyed by Storm Alex |url=https://www.monaco-tribune.com/en/2020/10/as-monaco-president-announces-personal-donation-to-help-rebuild-football-pitch-destroyed-by-storm-alex/ |access-date=10 December 2020 |website=Monaco Tribune |language=en-US}}

In November 2021, Rybolovlev's family charitable foundation was founded in Lefkada (Greece) to support his philanthropic activities in the region.{{Cite web |last=ΑΓΓΕΛΟΠΟΥΛΟΥ |first=ΑΘΑΝΑΣΙΑ |date=11 November 2021 |title=Κοινωφελές ίδρυμα στην Ελλάδα από τον Ριμπολόβλεφ {{!}} ΕΛΛΑΔΑ |url=https://www.iefimerida.gr/ellada/koinofeles-idryma-stin-ellada-apo-ton-rimpoloblef |access-date=16 December 2021 |website=iefimerida.gr |language=el}}{{Cite web |last=ΔΕΛΕΒΕΓΚΟΣ |first=ΔΗΜΗΤΡΗΣ |title=Κοινωφελές ίδρυμα με αρχικό κεφάλαιο 150 χιλ. ευρώ δημιουργεί ο Ριμπολόβλεφ {{!}} Moneyreview.gr |url=https://www.moneyreview.gr/business-and-finance/business/55287/koinofeles-idryma-me-archiko-kefalaio-150-chil-eyro-dimioyrgei-o-rimpolovlef/ |access-date=16 December 2021 |website=www.moneyreview.gr}}

In 2022, in the wake of Russia's invasion of Ukraine, it was announced by AS Monaco that the club and Rybolovlev, in a personal capacity, donated to the Monegasque Red Cross to support its efforts of delivering humanitarian aid to civilian victims of the conflict.{{Cite web |title=Guerre en Ukraine : Dmitri Rybolovlev et l'AS Monaco annoncent des dons à la Croix-Rouge |url=https://www.lequipe.fr/Football/Actualites/Guerre-en-ukraine-dmitri-rybolovlev-et-l-as-monaco-annoncent-des-dons-a-la-croix-rouge/1321110 |access-date=2022-03-10 |website=L'Équipe |language=fr}}{{Cite web |date=2022-03-09 |title=AS Monaco and its President Dmitry Rybolovlev support humanitarian aid |url=https://www.asmonaco.com/las-monaco-et-son-president-dmitry-rybolovlev-soutiennent-laide-humanitaire/ |access-date=2022-03-10 |website=AS Monaco |language=en-US}}

In April 2023, a new emergency department was opened at the Princess Grace Hospital Center, fully funded by Rybolovlev for a total of 1.8 million euros.{{Cite web |title=Inauguration du nouveau service des Urgences |url=https://www.chpg.mc/news-posts/inauguration-du-nouveau-service-des-urgences/ |access-date=2023-05-15 |website=CHPG |date=18 April 2023 |language=fr-FR}} The new building combines adult and pediatric emergency departments in one location with a dedicated technical platform and a versatile care team, while maintaining a pediatric specialization.{{Cite web |last= |first= |date=2023-04-20 |title=A Monaco, le service des urgences du CHPG remodelé pour plus d'efficacité |url=https://www.monacomatin.mc/sante/a-monaco-le-service-des-urgences-du-chpg-remodele-pour-plus-defficacite-842458 |access-date=2023-05-15 |website=Monaco-Matin |language=fr}}

Hobbies

Rybolovlev's hobbies include sailing where his yachts named Skorpis race competitively winning the ClubSwan 50 World Championship{{cite web|url=https://www.boatsnews.com/story/32138/clubswan-50-the-skorpios-crew-led-by-dmitri-rybolovlev-becomes-world-champion|title=ClubSwan 50, the Skorpios crew led by Dmitri Rybolovlev becomes world champion|date=17 October 2019 }} and taking line honour in the 2021 Fastnet Race{{cite web|url=https://www.sailweb.co.uk/2021/08/10/rolex-fastnet-race-skorpios-takes-line-honours-in-cherbourg/|title=Rolex Fastnet Race – Skorpios takes line honours in Cherbourg|author=James Boyd|date=2021-08-10}} sailing his ClubSwan 125.

See also

Notes

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References

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