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The founder of the largest Russian housing construction company died suddenly

Mikhail Kenin is the 18th major entrepreneur to die since the start of the war in Ukraine 3 years ago

Aug 13, 2025 10:35 1 285

The founder of the largest investment construction company "Samolet" in Russia, Mikhail Kenin, died suddenly at the age of 56. The company, which he founded together with Igor Yevtushevsky 13 years ago, is today the largest developer in the country in terms of housing construction, RBC reports.

„Mikhail Borisovich was one of those people who leave their mark on the earth. A rare person, endowed with natural talents, an excellent organizer and a successful entrepreneur. A personality with a capital letter, with a subtle sense of beauty, compassion, helping and at the same time able to manage. A person ready to take risks and make difficult decisions. "A man who created the largest development company in the country," said a statement from "Samolet."

Kenin was a member of the board of directors of "Samolet" and a co-owner (29.12% stake, according to SPARK, the largest shareholder). At the beginning of August, the group of companies ranked first in Russia in terms of housing construction: 4.7 million sq. m. (249 buildings with 110,300 apartments), which is almost 4% of all housing construction in Russia.

Kenin was born on September 1, 1968 in Moscow. He graduated from the Moscow Aviation Technological Institute. From 2007 to 2012, he headed the board of directors of the company "Glavstroy-SPB." Kenin was also a member of the board of directors of Bank St. Petersburg.

In 2011, the businessman joined the board of directors of PJSC "Russian Aquaculture", which is now known as "Inarctica". This company is called the largest producer of salmon grown in aquaculture (i.e. artificial) conditions. Kenin received a share in it (11.1%) in 2012, according to SPARK data. By the time of the businessman's departure in 2018, he had 21.3%.

In 2012, Kenin, together with Igor Evtushevsky, founded the group "Samolet". It specializes in housing construction. For a long time it has been operating in Moscow and the Moscow region, St. Petersburg and the Leningrad region, but subsequently began to actively expand the regions of its presence. Currently, the group has 4.7 million sq m in the active stage of construction (according to the Unified Information System for Housing Construction) or 4.96 million sq m (according to information from the Unified Resource of Entrepreneurs). Currently, „Samolet“ is the largest housing developer in Russia.

In November 2024, Forbes reported that Mikhail Kenin was looking for a buyer for his stake in "Samolet". The group itself denied this information. The CEO of Samolet Anna Akinshina said in an interview with RBC that the company usually does not comment on the actions of shareholders. „You can find an up-to-date list of shareholders - affiliates on the website of the Center for Corporate Disclosure. Mihail Kenin is present in it and his share is clearly indicated there“, she emphasized then.

Detailed statistics on average property prices in Bulgaria by cities and neighborhoods can be seen at imot.bg