Alex Schneider is a well-known entrepreneur of Russian origin from Canada. According to rough estimates, his net worth is about $1.3 billion. Alex became widely known all over the world from the company Midland Group, the founder of which, in addition to the billionaire himself, is his partner E. Shifrin.
Schneider was born in Russia. His hometown is St. Petersburg. At the age of 13, Alex immigrated to Canada.
The young man entered York University, which is located in Toronto. After completing his studies, Alex Shnaider became interested in commodity trading.
Upon reaching the age of 25, Alex had already become the founder of a Belgian company whose main activity was steel trading.
The next stage was the acquisition of a steel mill in Ukraine. This happened in the mid-90s. At the same time, the businessman met E. Shifrin. This man became Schneider’s reliable business partner for many years.
The businessman also took part in a joint project with Donald Trump during the construction of a grandiose hotel in Toronto. It is believed that Alex kept a penthouse in this hotel for himself, which costs at least $20 million.
At the beginning of 2000, the businessman’s interests began to rapidly expand, covering more and more new areas of activity. So Schneider showed interest in construction, the food industry, the hotel business, etc.
The year 2001 was marked for Schneider with a buyout during an auction together with another participant in the state block of shares in Zaporizhstal. Its cost turned out to be symbolic and amounted to $13 million. At the same time, the businessman won in court in a lawsuit with one of the Kyiv banks.
In February 2005, Alex fulfilled a long-time dream – he bought a Formula 1 team.
In 2005, due to the Orange Revolution in Ukraine, the businessman’s assets were subject to countless checks. Later, the Schneider corporation was directly involved in the restoration of the Khortytsia enterprise.
In 2006, Schneider sold his Formula 1 team, making a good profit from the deal.
2008 was marked by the division of the Midland corporation into two parts. The businessman concentrated his main efforts in working on the American continent. In the same year, Schneider acquired an Israeli football club. The businessman called this his long-time dream. He said that since childhood he dreamed of becoming a great football player or the owner of a football team.