Alexander Lebedev: the spy who came in for the gold

Profile of Alexander Lebedev, the ex-KGB spy who is set to become Russia's answer to Donald Trump.

The party co-hosted by Mikhail Gorbachev at Althorp earlier this month to launch a charitable foundation in memory of his wife Raisa was a sumptuous affair even by the standards of London's glitterati. Guests were treated to a series of surreal tableaux: from people in 18th century dress sitting in trees "like a scene from a Watteau painting", to strange figures patrolling the grounds with wolves straining on leashes. But the most intriguing question of all, says The Sunday Times, was the identity of the "unassuming, bespectacled" man who picked up the £1.3m bill. It was Alexander Lebedev, the ex-KGB man turned billionaire businessman, popularly known as "the spy who came in for the gold".

Worth some $3.5bn, Lebedev is the 194th richest person in the world, according to Forbes. But that statistic barely hints at the influence he wields in Moscow. Lebedev is president of National Reserve Bank, one of Russia's most prominent financial institutions, but his real wealth comes from his investments, reckoned to be worth six times more than his core banking business. In addition to sizeable holdings in Unified Energy Systems and Gazprom, Lebedev has a 31% stake in Aeroflot and has announced plans to launch Russia's first "no frills" airline. The story of the Soviet spy turned captain of industry is not unusual in today's Russia, says the Los Angeles Times. There has been "an explosion" in the number of top jobs held by former members of the security services in state-owned industry and private business since Vladmir Putin himself a former KGB colonel came to power.

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Jane writes profiles for MoneyWeek and is city editor of The Week. A former British Society of Magazine Editors editor of the year, she cut her teeth in journalism editing The Daily Telegraph’s Letters page and writing gossip for the London Evening Standard – while contributing to a kaleidoscopic range of business magazines including Personnel Today, Edge, Microscope, Computing, PC Business World, and Business & Finance.

She has edited corporate publications for accountants BDO, business psychologists YSC Consulting, and the law firm Stephenson Harwood – also enjoying a stint as a researcher for the due diligence department of a global risk advisory firm.

Her sole book to date, Stay or Go? (2016), rehearsed the arguments on both sides of the EU referendum.

She lives in north London, has a degree in modern history from Trinity College, Oxford, and is currently learning to play the drums.