Businessman Alexander Smolensky died at the age of 70.
He was known as the founder and head of the Stolichny Bank, as well as a participant in the “seven bankers’ group”.
Alexander Smolensky graduated from the Dzhambul Geological and Technological Institute in Kazakhstan, writes Kommersant .
In 1974, he began working in a printing house, and later as a merchandiser at the Moscow trading company Vesna.
In 1981, his name appeared in a case of theft of state property and private entrepreneurship.
The businessman said that he needed 6 kg of printing ink to typeset the Bible.
In 1987, he headed one of the first construction cooperatives in Moscow.
He founded and then headed the commercial bank Stolichny in 1989.
In 2003, after the sale of the holding, Smolensky announced that he had retired from business.
Information about him is also mentioned in connection with the financing of Boris Yeltsin's campaign.
The causes of death of businessman Alexander Smolensky have not been reported.