Alex Shnaider is a Canadian businessman and one of the wealthiest people in the country. He is the cofounder of Midland Group, and he partnered with Donald Trump to construct the Toronto-based Trump International Hotel and Tower. Shnaider is the majority shareholder in the project. His business endeavors over the years have earned him a massive fortune of $1.8 billion.
Read also : The 101 Richest People In Canada
In 2009, Shnaider partnered with fellow billionaire, Eduard Shrifin, and purchased a number of ships. The two also own Ukraine’s 4th largest steel mill. They also own commercial real estate, including retail and office projects in Moscow. On February 2005, Shnaider acquired Jordan Grand prix for approximately USD $50 million. The Jordan Grand Prix was renamed Midland F1 Racing for the 2006 Formula One season. He sold the team on 9th September to Spyker Cars.
Alex Shnaider was born in 1968 in Leningrad, Russian SFSR, USSR. He shifted to Canada later on and managed to be the successful businessman he is today. He attended York University where he graduated with a Bachelor of Arts/Science. He is married with 3 children. His current residence is in Toronto, Canada, and reportedly resides in a penthouse suit that is estimated to be valued at $20 million.