Vladimir Potanin Quotes

Powerful Vladimir Potanin for Daily Growth

About Vladimir Potanin

Vladimir Borisovich Potanin is a Russian businessman, philanthropist, and art collector, born on March 16, 1961, in Moscow, Soviet Union. He is one of Russia's wealthiest individuals, with a net worth estimated at over $20 billion. Potanin graduated from the Geology Faculty of Moscow State University in 1984. After a brief stint working for Norilsk Nickel, he became involved in the privatization of Russian industry under Boris Yeltsin's government, which led to his acquisition of control over Norilsk Nickel in 1993. This marked the beginning of his business career and the growth of his wealth. Potanin is known for his philanthropy, particularly in the areas of education, healthcare, and culture. He co-founded the Russkiy Mir Foundation, which aims to support Russian cultural initiatives worldwide. He also established the Potanin Foundation, a charitable organization that supports various projects in Russia, including educational programs, environmental protection, and art preservation. In the art world, Potanin is recognized for his extensive collection of Russian avant-garde art, which includes works by Kazimir Malevich, Wassily Kandinsky, and Marc Chagall. He has donated many pieces from his collection to museums in Russia and abroad. Quotes attributed to Vladimir Potanin include: "The most important thing is the future," reflecting his forward-thinking approach to business and philanthropy. "Art should not be a matter of commerce, but it can play a role in development," indicating his view on the intersection of art and business. And "I believe that one's life purpose is to make the world better, however, one can," encapsulating his humanitarian endeavors. In summary, Vladimir Potanin is a prominent figure in Russian business, philanthropy, and art circles. His significant contributions to education, healthcare, culture, and the preservation of Russian avant-garde art have left an indelible mark on Russia and the global community.

Interpretations of Popular Quotes

"Success is not a destination, but a continuous journey."

This quote suggests that success isn't about reaching a final goal or destination, but rather it is a continual process or journey. It implies that personal growth, achievement, and fulfillment are ongoing experiences in life, as one strives to improve oneself, learn new things, and overcome challenges. It encourages individuals to always keep pushing forward, as there's no end point where success can be declared 'complete'. Rather, it is a lifelong pursuit of continuous learning, betterment, and self-actualization.


"Wealth is not just about accumulating material possessions; it's about creating opportunities and making a difference."

This quote by Vladimir Potanin emphasizes that wealth extends beyond mere material accumulation. He suggests that true wealth involves the creation of opportunities for growth and development, as well as the ability to make a positive impact on society. It implies that wealth is not just personal gain but also the power to contribute to the betterment of others and the world at large.


"The most important thing in business is to have the right people on your team."

This quote by Vladimir Potanin emphasizes the critical role of having the right people in a business setting. It suggests that a successful business depends significantly on the quality, competence, and alignment of its team members, rather than merely focusing on strategies or resources. The "right" people are those who understand the business goals, share the same vision, possess necessary skills, and work effectively together to achieve success. This quote underscores the importance of building a strong and cohesive team as a key factor in business success.


"Investing in education, science, and culture are crucial for sustainable development."

This quote emphasizes the importance of investing in three key areas - education, science, and culture - for achieving sustainable development. Education equips individuals with knowledge and skills needed to contribute effectively to society and drive progress. Science propels technological advancements and innovation, which are essential for solving global challenges and improving quality of life. Culture, on the other hand, fosters a sense of identity, shared values, and creativity that bind societies together and enhance societal well-being. By nurturing these sectors, we ensure sustainable growth and development over time.


"Entrepreneurship is not only about profits; it's about creating value for society."

This quote by Vladimir Potanin emphasizes that entrepreneurship transcends mere profit-making, instead focusing on the creation of value for society as a whole. It underscores the idea that successful entrepreneurs not only strive to maximize their financial gains but also aim to make a positive impact on the community and world at large through innovation, job creation, and sustainable practices.


After I met my partner, Mr. Protherow, we decided to start a banking project, and at the same time we started to think already about a business on a bigger scale. At the very beginning we thought more about gaining money, to have a normal life with our families, etc.

- Vladimir Potanin

Beginning, Thought, Very, Etc

For a rich and reasonably successful guy, it is impossible not to enjoy your job; otherwise, why would you spend so much time and effort doing it? I am a great fan of Norilsk, and I like this kind of challenge.

- Vladimir Potanin

Enjoy, Impossible, Doing, Reasonably

Frankly speaking, I decided to become a businessman at the moment when I understood that it is possible, because I grew up in a country where it was not possible. There existed even a special article in the penal code of the Soviet Union which punished entrepreneurial activity.

- Vladimir Potanin

Country, Soviet Union, Code, Understood

To create a big company, you need more partners, as it is hard to handle such a project alone. Such projects bring access to the expertise and management resources of the partners, and their connections above all.

- Vladimir Potanin

Big, Access, Projects, Big Company

Everybody starts with creating or acquiring certain property in order to create the material to work with. When we started our business, we thought first of all about development, how to grow, and we managed to do this, even with all the difficulties and all the difficult rules that were implemented in Russia at that time.

- Vladimir Potanin

Thought, Everybody, About, Implemented

When you supervise something, it is one thing. When you are in the middle of something, there is a different pace of life.

- Vladimir Potanin

Middle, Pace, One Thing, Supervise

The Interros strategy toward various assets generally depends on the stage of their development and level of their maturity.

- Vladimir Potanin

Development, Assets, Toward, Strategy

It is not good to demonstrate your luxury and your wealth: to rub it in the faces of others is insulting. So you should be modest; try not to insult people by showing that you can do what they cannot.

- Vladimir Potanin

Good, Wealth, Your, Faces

Many people say the privatisation was unfair: that is true - it was unfair. That is a fact: some people became rich and others did not. Unfair does not mean illegal, but it was inevitably unfair.

- Vladimir Potanin

Fact, Some, Became, Illegal

For me, my father was, and still is, a symbol of qualified persons in the Ministry of Foreign Trade under Soviet conditions.

- Vladimir Potanin

Qualified, Still, Symbol, Conditions

I am not trying to say that I am poor and that I don't like beautiful things. But I don't like luxury for luxury sake or in the sense of showing off luxury.

- Vladimir Potanin

Beautiful Things, Say, Like, Sake

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