Alexei Beltyukov: Businessman And Committed Philanthropist
Russian entrepreneur and philanthropist Alexei Beltyukov is a graduate of INSEAD where he earned his MBA. He is also the founder of Foro Energy, New Gas Technologies, Moscow Exchange and many other companies. Rather than using the fortune he earned from those companies to live a hedonistic lifestyle, he uses his wealth to benefit others.
He has formed a number of nonprofit organizations to benefit Russian students and entrepreneurs. He created the Russian Alumni Scholarship at INSEAD University to provide financial assistance for Russian students who were accepted to the school but couldn’t afford the tuition.
Another of Beltyukov’s philanthropic organizations is A-Ventures Limited. The company was created in order to help struggling Russian companies. In 2013 he founded Endemic Capital. The company is a resource which provides Russian start-up companies with angel funding. Beltyukov has also started numerous other organizations designed to assist Russian that are trying to attend business school or start businesses.
Plus he helps the Russian government to provide support and economic guidance via the Skolkovo Foundation, an organization in which Beltyukov is the vice president. The organization gives opportunities and grants to Russian technology start-ups and entrepreneurs seeking to increase opportunities throughout Russia.
Alexei Beltyukov is in the process of commercializing a new technology designed to improve low octane product streams and provide payback within 12 to 24 months. He is also working with Foro Energy to commercialize high power lasers to be used in the mining, natural gas, oil and geothermal industries.
He also founded Mechanicus and from 2013 to 2015 was the director of SOLVY, a San Francisco Bay Area company that created an effective proprietary interactive online platform which enables students to explore, enjoy and learn mathematics and is a tool teachers use to reduce routine work.
Beltyukov is the Skolkovo Foundation senior vice president in charge of business development and commercialization. He was also COO then CEO of the Renova Project and Brunswick Capital’s vice president of development from April 2003 until September 2004. He also worked with McKinsey & Company’s as an associate and engagement manager between 1998 and 2003.