Pursuits

Russian Billionaire Unearthed With Soybean Meal Fortune

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In 1993, Alexander Lutsenko abandoned a fledgling military career in the Russian army to test an economic adage he learned while studying at the Political College of Arms in Minsk. Even in the most difficult times, the saying went, a well-managed agriculture business is always profitable.

Lutsenko founded a trading company that became Luxembourg-based Sodrugestvo Group SA, Russia’s largest soybean meal producer, and encountered plenty of opportunities to see whether the theory would hold.