Alexander Klyachin Net Worth

Alexander Klyachin has an estimated net worth of $1.3 billion, according to Forbes Real-Time Billionaires, Alexander Klyachin profile (figures as of October 20, 2026). That is down from a peak of $1.7 billion.

Alexander Klyachin is a Russian entrepreneur and investor who founded Azimut Hotels, one of Russia's biggest hotel chains, and owns the historic Metropol Hotel near the Moscow Kremlin. He was born in Moscow on May 18, 1967. He heads the investment company Gleden Invest and also owns KR Properties and the Karat cheese factory in Moscow.

Klyachin finished Moscow School 57 in 1984 and graduated from the geography department of Moscow State University in 1991. He also studied geography at Oregon State University in the United States, graduating in 1993, and then worked in finance.

He is active in Moscow cultural life. He founded the Khamovniki charity foundation to support social research and joined the Bolshoi Theater's board of trustees in 2012. In 2021 he became board chairman of Moscow's Jewish Museum and Tolerance Center.

How Alexander Klyachin made his money

Klyachin made much of his fortune in Moscow commercial real estate, starting in the early 2000s by acquiring land plots in Moscow and the surrounding region, often from collective farmers. His company KR Properties redeveloped old industrial zones into business districts. Some Russian media have accused him of aggressive tactics in land disputes. At one point he lost his Moscow business centers after a decision by the Prosecutor General's Office, and he later bought some of them back.

In 2006 he founded Azimut Hotels, which began by rebuilding Soviet era hotels. In 2008 it became the first Russian hotel chain to enter the European market, in Austria and Germany. It now operates more than 11,000 rooms. In 2012 he became owner of the Metropol, which served as headquarters of the opposition to the Bolsheviks in 1917. He has also invested in oil, technology and restaurants.

How Forbes has valued Alexander Klyachin

Forbes valued Klyachin at $1.3 billion in 2017, $1.5 billion in 2018 and $1.7 billion in 2019. He held at $1.6 billion in 2020 and 2021, then fell to $1.2 billion in 2023 and $1 billion in 2025.

On the 2026 World's Billionaires List Forbes put him back at $1.3 billion, and as of October 20, 2026, the real-time billionaires tracker also showed $1.3 billion. His estimates have moved with Moscow property values and the health of Russia's hotel market. In 2021 Gleden Invest also agreed to work with state corporation VEB on tourism projects, including the Sheregesh ski resort in Siberia.