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Mikhail Ivanovich Nikolaev

Mikhail Ivanovich Nikolaev

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Last updated: December 8, 2025

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The $548 Million Bet on Russian Terroir A Moscow insurance executive cashed out for $548 million days before Lehman Brothers collapsed, then invested $110M in Russian vineyard land that international wine investors had completely ignored. Fifteen years later: World's Best Vineyards Top 30 globally. Year 10 question: Was this conviction or folly? 8 min

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