Leonid Boguslavsky (born June 17, 1951 Moscow, Soviet Union) is a USSR-born Canadian entrepreneur, scientist and venture capital investor. He was named the Internet investor of the year (Forbes, 2012) and the most successful investor of the year (RBC, 2017). He is the founder of RTP Global, a venture capital firm with offices in New York, London, Paris, Bangalore and Dubai. He was one of the first investors in companies such as Datadog or Delivery Hero. Boguslavsky is in Forbes' billionaires list. His wealth is self-made from venture capital investments with more than 99% created outside of Russia. He is widely considered one of the most successful technology investors. In the global Forbes 2023 ranking, he occupied the 787th place with a fortune of $8.6 billion.
Early life He was born into the family of writer Zoya Boguslavskaya and scientist-engineer Boris Kagan; he was the stepson of poet Andrei Voznesensky. Boguslavsky studied physics-mathematics at school in Moscow, USSR. In sixth grade he won the Moscow University Biology Olympiad and went on a year later to win the USSR TV Mathematics Olympiad. In 1973 under the rector Fyodor Kochnev, Boguslavsky graduated from the Moscow Institute of Transport Engineering, (MIIT) where his father Boris Kagan taught, majoring in Computer Science and Applied Mathematics. From 1973 to 1990, he conducted scientific research at the Institute of Control Sciences of the USSR Academy of Sciences in mathematics for computer systems and networks. Upon receiving his Doctorate of Science (Engineering), Boguslavsky wrote articles, scientific books and made inventions while heading his own laboratory. In 1985, together with a team of developers from the Academy of Science of Moldova, Boguslavsky launched a project to create a software system to connect IBM mainframes with Digital minicomputers and personal computers into an integrated computer network. As a result, he was awarded two significant contracts to implement these networks in 1987, one in a Czech coal mining company and another at the Polytechnic University in Slovakia.
Career
Beginnings (1989-1990) In 1989, Boguslavsky started to work in a Soviet Italian joint venture focused on computer network projects in Czechoslovakia. He became deputy director and shareholder of the company. In 1990, Boguslavsky was offered by Oracle Corporation to distribute Oracle software products in the USSR and he concluded the exclusive distribution agreement with Oracle for the territory of the USSR. He founded LVS in 1990. From 1991 to 1992, he served as a visiting professor at the Department of Computer Science of the University of Toronto, Canada. He returned to Moscow to work for Oracle. In 1992, Boguslavsky concentrated on his own business – the company LVS which is a systems integration business. In 1993, LVS developed the Oracle-based information system for the apartment registrar of Moscow. In 1994, LVS became so dominant as the producer of electronic voting machine equipment and its software that by 1997 PricewaterhouseCoopers chose LVS and its software and equipment as system integrator with Boguslavsky becoming a senior partner and receiving $10 million from Pricewaterhouse's buyout of LVS. In late 1996 Boguslavsky sold LVS to PricewaterhouseCoopers (currently known as PwC) and then became a Managing Partner at PwC, in charge of its Management Consulting Services (MCS) practice in Russia in early 1997. In December 1999, Boguslavsky met investment bankers Charles Ryan (UFG), Michael Calvey (Baring Vostok) and David Mixer (Rex Capital), who were planning to set up an Internet investment company at that time.
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