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Vladislav Doronin
Vladislav Doronin
Doronin at Una Residences
Born (1962-11-07) November 7, 1962 (age 62)
Other namesVlad Doronin
Citizenship
  • Soviet Union (1962-1986)
  • Sweden
Alma materMoscow Lomonosov State University
Occupations
Notable work
  • Missoni Baia
  • OKO
Spouse
Ekaterina Doronina
(m. 1988; div. 2009)
[1][better source needed]
Partner(s)Naomi Campbell (2008–2013)[2][3]
Kristina Romanova (2015–present)[4]
Websitewww.vladislavdoronin.com

Vladislav Doronin (Russian: Владислав Юрьевич Доро́нин; born 7 November 1962) is an international real estate developer and art collector.[5][6][7] He is the owner and chairman of Aman Resorts,[8] chairman and CEO of OKO Group,[9] and together with Pavel Tio and Eduard Berman, is a co-founder of Moscow-based Capital Group.[10][11][12][13]

Early life and education

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Vladislav Doronin was born on November 7, 1962 in Leningrad, Russian Soviet Federative Socialist Republic (now Saint Petersburg, Russia) in a Russian family of Yuri Grigoryevich Doronin (b. Sep 15, 1937) and Zinaida Mikhailovna Doronina (b. Oct 2, 1935).[14] He graduated from the Moscow Lomonosov State University.

Business career

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Marc Rich + Co

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In 1985, he relocated to Geneva and then to Zug, where he worked under Marc Rich.[15]

Capital Group

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In 1993, Doronin co-founded Capital Group,[13] which entered the Moscow commercial real estate market with class A offices and retail projects, and later expanded with other premium residential developments. Doronin's equal partners in Capital Group from the early 90-ies were Pavel Tio and Eduard Berman. Capital Group has built up its portfolio to include 71 high-end residential and commercial projects with a total of 7 million square meters of space.[16]

In 2009 Doronin’s Capital Group built the ‘City of Capitals’ mixed-use (office and residential) complex in Moscow City, which consisted of two highrise towers and until 2011 was the highest building in Russia. The complex was designed by Erick van Egeraat.[17]

In 2011 Capital Group built the award-winning ‘Legend of Tsvetnoy’ residential, office and retail complex in Moscow. The complex was designed by NBBJ.[18]

In 2013 Doronin’s Capital Group formed a joint venture with Gavriil Yushvaev, a Russian entrepreneur, for the construction of OKO — a mixed-use (commercial and residential) highrise development in the Moscow International Business Center.[19][20] In 2016 55,000 sq.m. of office space in the OKO development was sold to the Government of Moscow.[21][22]

In his February 2016 interview to the Forbes magazine Doronin explained that Capital Group is jointly managed by the three partners who take strategic decisions together. The operational responsibilities are divided with Doronin responsible for asset sales and acquisitions, attracting investors, development of architectural concepts and marketing, Tio in charge of relations with the Moscow construction complex, new project and legal work and Berman focusing on fit-out and construction work in Capital Group projects.[23]

Aman Resorts

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In February 2014, Doronin became Aman Group's majority owner.[24] The Aman Group is the holding company of Aman Resorts, a collection of international luxury resorts. In July 2014, Doronin became involved in a legal dispute with Omar Amanat's Peak Hotels & Resorts Limited regarding leadership of the company.[25] In March 2016, the High Court in London confirmed a settlement reached between Doronin and KPMG, liquidators of Amanat's company.[26] As a result of the settlement, Doronin has full control over Aman Resorts.[27][28]

In April 2015, Vladislav Doronin purchased floors 4-24 of the Crown Building on Fifth Avenue in New York for $500 million.[29] In October 2017, Aman announced that the property would be the new location for Aman New York, the company's second urban destination after Aman Tokyo.[30]

OKO Group

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Doronin's real estate development company OKO Group announced in March 2016 a luxury residential development of a 649-foot, 57-story tower, Missoni Baia, in collaboration with Italian fashion house Missoni.[31]

In 2020, with Doronin as chairman and CEO, OKO Group had partnered with Cain International and began construction on a 57-story office tower at 830 Brickell, Miami, the first office skyscraper built there in over a decade.[32] A second partnership between OKO Group and Cain International in Miami took place with the development of a 47-story residential tower called Una on the Brickell Waterfront.[33]

Under Doronin, in March 2022 OKO bought nearly one acre of land on Aspen Mountain’s underdeveloped west side for 76 million dollars from Norway Island LLC , a business entity comprising Jim DeFrancia, Bryan Peterson and Jeff Gorsuch, a former U.S. ski team downhill racer, a proprietor of a small chain of high-end retail ski shops, and cousin of Supreme Court Associate Justice Neil Gorsuch.[34][10] The deal generated much controversy in Aspen because eight months earlier, Gorsuch and his partners bought the plot from the Aspen Skiing Company for 10 million dollars. According to Doronin, he has a long-term plan, which involves building a luxury hotel property on the site.[35]

In 2022 OKO Group and Cain International bought buildings in Palm Beach for $147 million. [36]

Other ventures

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Doronin owned the publishing rights in Germany and Russia to Interview magazine, the style magazine founded by Andy Warhol.[37]

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In March 2019 Nader Tavakoli, an investment banker, filed a lawsuit against Doronin related to the $250 million acquisition of Aman Resorts. Tavakoli claimed that he brokered the acquisition and was promised a carried interest, but was intentionally cut out of the venture by Doronin and his business partner Carl Johan Eliasch. After Doronin’s motion to dismiss the case for lack of personal jurisdiction was defeated, the case was quickly resolved out of court.[38][39]

In October 2021 the High Court of Justice of the Balearic Islands had dismissed the appeal from Doronin against the 2019 ruling, which ordered him to demolish the works carried out illegally in 2014 at his mansion in a forested area on protected rustic land in Ibiza. The illegal construction was located in Platges de Comte by the Nature Protection Service of Spain's Civil Guard in 2014 but the case dragged on for several years. The High Court's ruling ordered Doronin to pay a fine of 1 million euros to Sant Josep City Council and triggered another legal case evaluating the seriousness of the urban infraction committed by Doronin. It was decided that illegal works are to be demolished by Doronin and, if he fails to do so, by the Sant Josep Town Hall.[40][41]

In March 2022 Doronin sued Korangy Publishing, the publisher of ‘The Real Deal’ magazine, for 20 mln. dollars, claiming that a February 27, 2022 article published on the website, falsely stated that Doronin and Aman Resorts support the Putin regime and the invasion of Ukraine and that Doronin is a Russian citizen and that such statements, repeated in articles on March 1 and 2, 2022, demonstrated a ‘targeted campaign of harassment’ against Doronin. Korangy Publishing responded by retroactively redacting the content of its online articles about Doronin and in July 2022, Doronin discontinued his lawsuit.[42][43]

In April 2022 Doronin filed a defamation lawsuit Swift Communications, a holding company, which owns ‘The Aspen Times’ after the newspaper published opinion pieces and a letter to the editor, which implied that Doronin was using his Aspen investment to launder tainted money from Russia. Doronin asked for punitive damages to be imposed on Swift Communications, claiming that ‘The Aspen Times’ ‘...has chosen to … sensationalize a false narrative that targets Mr. Doronin simply because he was born in what is today Russia…’.[44] According to Doronin’s court filings, he earned his wealth legitimately and could not be considered a Russian oligarch, because ‘...oligarchs are not merely wealthy individuals of Russian origin; they are individuals who have amassed their wealth through the exploitation of Russian natural resources, corrupt direction of Russian state-owned enterprises, and close political affiliation with Vladimir Putin.” This description, the suit argued, does not fit Doronin.[45][46] During the pendency of the suit, coverage of Doronin was suspended by the publisher. Tension over the matter resulted in firing of the editor, Andrew Travers. The legal action was settled by confidential agreement and dismissed on May 27, 2022.[44][35]

In March 2022 the Moscow Arbitration Court ordered OOO Ballini, a real estate management firm founded by Doronin, into bankruptcy procedures.[47][48]

Doronin has close ties among the art community: artists, gallerists and dealers. He has become friends with some of them. Doronin’s friends includes Tony Shafrazi, a New York gallery owner and dealer, who taught him about contemporary art and the late actor and photographer Dennis Hopper.[49][50][51]

Personal life

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Doronin was in a relationship with English supermodel Naomi Campbell from 2008 until 2013.[52][2][3] He has been in a relationship with Kristina Romanova since 2015.[4]

Doronin has a home in Miami, Florida,[53][54][55] and owns an apartment in One Hyde Park.[56]

Born in the Soviet Union, he renounced his Soviet citizenship in 1986. He has since become a Swedish citizen.[34] He is also a resident of Switzerland.[57][58][10]

In a 2016 interview with Forbes, Doronin said that he frequently travels to Moscow where he owns a business and to visit friends.[23] In 2018 Doronin finished building Capital Hill Residence, his private residence in Barvikha, a prestigious neighborhood outside of Moscow. The property, designed by Zaha Hadid, has 3,300 sq.m. of space and includes a swimming pool, spa and a library and was estimated to have a market value of $140m.[59] The land lot and the property itself are registered in the name of Doronin’s mother, Zinaida.[60][61]

Doronin is a friend of Leonardo DiCaprio.[62][63] In November 2010 Doronin and his then partner Naomi Campbell were among the organizers of Help the Tiger charity event, which took place at the Mikhailovsky Theatre in St. Petersburg and which was attended by DiCaprio and Vladimir Putin.[64][65][66][67]

Awards and recognition

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For his contributions to the Russian Orthodox Church Doronin has been decorated by Patriarch Alexy II, Patriarch of Moscow and all Rus, the primate of the Russian Orthodox Church.[68]

In 2010 Doronin won "Businessman of the Year" award in Russia. The award ceremony took place on February 25, 2010 in the Moscow Kremlin.[69]

In August 2016, Doronin was included in Surface Magazine’s Power 100 list of prominent individuals, including 15 in real estate and hospitality.[59]

According to Building.ru, Doronin is one of the top ten most professional developers in Russia.[70] His OKO Tower in central Moscow is 1,160 feet high, making it Europe’s tallest completed skyscraper.[71] Doronin was acknowledged as the head of the list of “Top 1000 Russian Managers Rating 2011,” in the category of Development.[72] Doronin was named one of the “Kings of Russian Real Estate” by Forbes in 2014.[73]

In 2015, the New York Post recognized Doronin on their list of "The 20 biggest power players in New York City real estate."[74] In June 2022, he was recognized as one of the 100 Most Powerful People in Global Hospitality by the International Hospitality Institute's Global 100.[75][76]

References

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