Pavel_Durov

Pavel Durov

Pavel Durov

Russian entrepreneur and founder/CEO of Telegram


Pavel Valeryevich Durov (Russian: Павел Валерьевич Дуров; born 10 October 1984)[4] is a Russian-born Emirati entrepreneur who is known for founding the social networking site VK and the app Telegram Messenger.[5] He is the younger brother of Nikolai Durov. As of 29 September 2022, his net worth is estimated at US$15.1 billion.[6] In 2022, he was recognized as the richest expat in the United Arab Emirates, according to Forbes.[7] In February 2023, Arabian Business named him the most powerful entrepreneur in Dubai.[8]

Quick Facts Born, Citizenship ...

For some years after his dismissal as CEO of VK in 2014,[9] the Durov brothers travelled the world in self-imposed exile[10] as citizens of Saint Kitts and Nevis.[11]

In 2017, Pavel joined the World Economic Forum (WEF) Young Global Leaders as a representative of Finland.[12][13] Durov was naturalized as French in August 2021 and now has European Union citizenship.[3] Pavel Durov gave an interview to Tucker Carlson on April 17, 2024.

Early life and education

Pavel Durov was born in Leningrad, but spent most of his childhood in Turin, Italy, where his father was employed.[14] In 2006, he graduated from the Philology Department of the Saint Petersburg State University, where he received a first-class degree. Durov's early life and career are described in detail in the book The Durov Code. The True Story of VK and its Creator (2012).[15]

Family

Pavel Durov at HighLoad++ conference in Moscow, 2010

Pavel Durov's grandfather Semyon Petrovich Tulyakov fought in World War II. He served in the 65th Infantry Regiment, participated in the battles on the Leningrad front at Krasnoborsky, Gatchinsky, and elsewhere, and was wounded three times, receiving the Order of the Red Star,[16] the Order of the Patriotic War 2nd degree,[17] and on the 40th Victory Day, the Order of the Great Patriotic War level I.[18] After the war, he was arrested.[19]

Durov's father Valery Semenovich Durov is a Doctor of Philological Sciences and the author of many academic papers. Since 1992, he has been head of the Department of classical philology of the philological faculty of Saint Petersburg State University.[20] In March 2022, Durov wrote that "On my Mom's side, I trace my family line from Kyiv. Her maiden name is Ukrainian (Ivanenko), and to this day we have many relatives living in Ukraine."[21]

Career

VK

Pavel Durov at the TechCrunch conference in Berlin, 2013

In 2006, Durov started VKontakte with Ilya Perekopsky,[22] later known as VK, which was initially influenced by Facebook.[23] When he and his brother Nikolai built up the VKontakte website, the company grew to a value of $3 billion.[11]

In 2011, he was involved in a standoff with the police in Saint Petersburg when the government demanded the removal of opposition politicians' pages after the 2011 election to the Duma; Durov posted a picture of a dog with his tongue out wearing a hoodie and the police left after an hour when he did not answer the door.[15][23]

Pavel Durov and Mike Butcher at the TechCrunch conference in San Francisco, 2015

In 2012, Durov publicly posted a picture of himself extending his middle finger and calling it his official response to Mail.ru Group's efforts to buy VK.[15] In December 2013, Durov decided to sell his 12% to Ivan Tavrin (at that time 40% of the shares belonged to Mail.ru Group, and 48% to the United Capital Partners). Later, Tavrin resold these shares to Mail.ru Group.[24][11][25][26]

Dismissal from VK

On 1 April 2014, Durov submitted his resignation to the board; at first, due to the fact the company confirmed he had resigned, it was believed to be related to the Russo-Ukrainian War which had started in February.[27] However, Durov himself claimed it was an April Fool's Joke on 3 April 2014.[28][29]

On 16 April 2014, Durov publicly refused to hand over the personal data of Ukrainian protesters to Russia's security agencies and to block Alexei Navalny's page on VK.[9] Instead, he posted the relevant orders on his own VK page,[30][31] claiming that the requests were unlawful.

Pavel Durov and Arkady Volozh at the Yandex Data Factory conference, March 2, 2015

On 21 April 2014, Durov was dismissed as CEO of VK. The company claimed it was acting on his letter of resignation a month earlier that he failed to recall.[9][32] Durov then claimed the company had been effectively taken over by Vladimir Putin's allies,[32][33] suggesting his ouster was the result of both his refusal to hand over personal details of users to federal law enforcement and his refusal to hand over the personal details of people who were members of a VK group dedicated to the Euromaidan protest movement.[32][33] Durov then left Russia and stated that he had "no plans to go back"[33] and that "the country is incompatible with Internet business at the moment".[9]

Telegram

Upon leaving Russia, he obtained Saint Kitts and Nevis citizenship by donating $250,000 to the country's Sugar Industry Diversification Foundation and secured $300 million in cash within Swiss banks. This allowed him to focus on creating his next company, Telegram, focused on an encrypted messaging service of the same name. Telegram was headquartered in Berlin and later moved to Dubai.[11] In January 2018, Durov announced that, in a bid to monetize the growing success of Telegram, he was launching the "Gram" cryptocurrency and the TON platform.[34] It raised a total of $1.7 billion from investors.[35] However, these ventures were halted by American regulator SEC which argued in court that Grams bypassed U.S. financing laws and should return the money to investors.[36] In 2018, Russia attempted to block Telegram, after the company refused to cooperate with Russian security services. A leaked letter by an FSB employee stated that the block was actually tied to the company's intention to launch the Telegram Open Network.[37] During the attempted block period, the Russian Ministry of Foreign Affairs continued to operate official channels on the app. The block order was lifted in 2020, after two years of block attempts, which the service reportedly evaded using domain fronting. The stated reason was Telegram agreeing to "counter terrorism and extremism" on the platform.[38][39][40][41]

Wealth

Durov was listed on the Forbes Billionaires List in 2023, with a net worth of $11.5 billion. His fortune is largely driven by his ownership of Telegram. As of September 2023, Durov was the 148th richest person in the world.[6]

Personal life

According to Forbes, Durov is not married and has two children.[6] He lives in Dubai.[42] In April 2021, he received United Arab Emirates citizenship.[2]

Views

Durov is a self-described libertarian, teetotaler, and vegetarian.[43][44][45][46][47] Durov claims to have an ascetic lifestyle, and promotes freedom from personal possessions.[48][49][50] For his twenty-seventh birthday in 2011, he donated a million dollars to the Wikimedia Foundation,[51] the founder and honorary chairman of which is fellow libertarian Jimmy Wales.[52] In 2012, he published manifestos described by commentators as libertarian detailing his ideas on improving Russia.[53]

Accolades

Durov has been called the Mark Zuckerberg of Russia.[54] In August 2014, Durov was named the most promising Northern European leader under 30.[55] In 2017, he was chosen to join the WEF Young Global Leaders, representing Finland.[12][13] On 21 June 2018, the Union of Kazakhstan's Journalists bestowed an award on Durov "for his principled position against censorship and the state's interference into citizens' free online correspondence."[56] In 2018, Fortune magazine included Durov in their "40 Under 40" list, an annual ranking of the most influential young people in business.[57] In February 2023, Durov was named the most powerful entrepreneur in Dubai by Arabian Business.[8]


References

  1. "Паспорт как у Дурова: страны Карибского бассейна снизили цены на гражданство из-за пандемии" [Passport like Durov's: Caribbean countries have lowered the price of citizenship due to the pandemic]. Forbes.ru (in Russian). 12 July 2020. Retrieved 17 April 2024. [In 2013, Pavel Durov received citizenship of this country for $ 250,000]
  2. "Forbes Billionaires 2023: The Richest People In The World". Forbes. Archived from the original on 18 March 2024. Retrieved 19 March 2023.
  3. "With $15.1B, Pavel Durov Is The Richest And Youngest Billionaire In The Middle East". Forbes Middle East. 17 April 2022. Retrieved 14 February 2023.
  4. "Dubai 100: Meet the 100 people you need to know in the emirate". Arabian Business. 8 February 2023. Retrieved 10 February 2023.
  5. Hakim, Danny (2 December 2014). "Once Celebrated in Russia, the Programmer Pavel Durov Chooses Exile". The New York Times. Archived from the original on 6 September 2015. Retrieved 19 November 2015.
  6. Vivienne Walt (February 2016). "With Telegram, A Reclusive Social Media Star Rises Again". Fortune. Archived from the original on 24 February 2016.
  7. "Young Global Leaders class of 2017". Archived from the original on 29 June 2017. Retrieved 8 June 2017.
  8. "Is Pavel Durov a Kremlin target?". Bloomberg. 1 August 2013. Archived from the original on 7 March 2016.
  9. "The Pavel Durov Code: Five stories from the life of VK and its creator". Forbes (in Russian). 22 November 2012. Archived from the original on 19 April 2015.
  10. "Фронтовой приказ № 692/н от 15.06.1945, страница 2". Электронный банк документов «Подвиг народа в Великой Отечественной войне 1941–1945 гг.». Archived from the original on 15 March 2012. Retrieved 25 May 2016.
  11. "Туляков Семен Петрович". Электронный банк документов «Подвиг народа в Великой Отечественной войне 1941–1945 гг.». Archived from the original on 15 March 2012. Retrieved 25 May 2016.
  12. Николай Валуев объявил бойкот сети "ВКонтакте" (in Russian). Lenta.ru. 10 May 2012. Archived from the original on 15 March 2013. Retrieved 8 November 2012.
  13. Дуров Валерий Семёнович (in Russian). Филологический факультет СПбГУ. Archived from the original on 25 December 2012. Retrieved 22 December 2012.
  14. Danny Hakim (2 December 2014). "Once Celebrated in Russia, Programmer Pavel Durov Chooses Exile". New York Times. Archived from the original on 8 February 2015.
  15. "Mail.ru deal firms control over VKontakte". Archived from the original on 6 July 2015. Retrieved 26 January 2017.
  16. "Russia's Mail.Ru buys remaining stake in VKontakte for $1.5 bln". Reuters. 16 September 2014. Archived from the original on 5 December 2014. Retrieved 20 January 2015.
  17. "No joke as 'Russian Facebook' founder resigns amid dispute (Update)". 1 April 2014. Archived from the original on 8 March 2016. Retrieved 29 February 2016.
    "Pavel Durov Resigns As Head Of Russian Social Network VK.com, Ukraine Conflict Was The Tipping Point". 1 April 2014. Archived from the original on 8 July 2017. Retrieved 29 February 2016.
  18. "Going, going, gone – Pavel Durov quits VK". Rusbase. 2 April 2014. Archived from the original on 6 March 2016. Retrieved 29 February 2016.
  19. "Wall". Archived from the original on 9 February 2017. Retrieved 26 January 2017.
  20. "Wall". Archived from the original on 11 September 2014. Retrieved 26 January 2017.
  21. Liptak, Andrew (1 April 2018). "Telegram has raised a total of $1.7 billion from its two pre-ICO sales". The Verge. Retrieved 7 June 2022.
  22. Michael S. Sackheim, Nathan A. Howell, James B. Biery, Andrew P. Blake, Dominique Gallego, Teresa Wilton Harmon, James C. Munsell, David E Teitelbaum, Lilya Tessler, Allison Ross Stromberg, Daniel Engoren and Kristin S. Teager (2 September 2021). "The Virtual Currency Regulation Review: USA". The Law Reviews. Archived from the original on 15 March 2022. Retrieved 14 April 2022.{{cite web}}: CS1 maint: multiple names: authors list (link)
  23. Cimpanu, Catalin. "Russia unbans Telegram". ZDNet. Retrieved 6 March 2022.
  24. Burgess, Matt (20 April 2018). "This is why Russia's attempts to block Telegram have failed". Wired. Retrieved 8 March 2022.
  25. Khurshudyan, Isabelle (28 June 2020). "How the founder of the Telegram messaging app stood up to the Kremlin – and won". The Washingtong Post. Retrieved 8 March 2022.
  26. "Pavel Durov". Archived from the original on 16 February 2017. Retrieved 26 January 2017.
  27. Ермаков А. (24 April 2014). ""Фонтанка" нашла Дурову страну". Fontanka.ru. Archived from the original on 25 April 2014. Retrieved 25 April 2014.
  28. Daisy Sindelar (24 April 2014). "Durov, Activists Adjust Accordingly As Kremlin Cracks Down On Internet Rights". RadioFreeEurope. Retrieved 12 March 2021.
  29. "Деньги". Snob. 4 June 2012. Archived from the original on 23 February 2022. Retrieved 12 March 2021.
  30. Eleonora Goldman (10 October 2017). "7 health secrets from the founder of Russian social network VK". Russia beyond the headlines. Retrieved 12 March 2021.
  31. Lamb, Brian (25 September 2005). "Q&A: Jimmy Wales, Wikipedia founder". C-SPAN. Archived from the original on 6 October 2014. Retrieved 31 October 2006.
  32. "A Manifesto for 21st-Century Russia". Afisha. 18 May 2012. Archived from the original on 3 September 2012.
  33. "Pavel Durov". Fortune. 19 July 2018. Archived from the original on 8 March 2019. Retrieved 30 July 2018.

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