Was born 21 April 1964 in Lviv, Ukrainian SSR.
He graduated from high school in Lviv in 1980, where he won school olympiads in physics and mathematics.
Having studied metallurgical engineering, Fridman graduated from the Moscow Institute of Steel and Alloys in 1986 with distinction
In 1990 he co-founded Alfa-Bank, which is now the largest private bank in Russia.
After serving as chairman of TNK-BP, the 50/50 TNK-BP joint venture, for 9 years, in 2013 he sold his stake in the company and co-founded the international investment company LetterOne (L1), headquartered in Luxembourg.
Fridman currently sits as chairman of the supervisory board of Alfa Group Consortium and he is also on the boards of Alfa-Bank and ABH Holdings, which is the Luxembourg-based holding company of Alfa-Banking Group.
He is also on the supervisory board of directors for VimpelCom and X5 Retail Group.
He is chairman of the L1 and since DEA Deutsche Erdoel AG was bought by L1 Energy in 2015, he has been a member of its supervisory board.
Fridman has been a member of numerous public facing bodies, including the Russian Union of Industrialists and Entrepreneurs, the Public Chamber of Russia and the Council of Foreign Relations in the United States.
Also a philanthropist and active supporter of cultural initiatives, he co-founded both the Russian Jewish Congress, the Genesis Prize and the Genesis Philanthropy Group, supporting Jewish communities across the FSU.
According to Forbes, he is the 2nd richest Russian as of 2016.
He also holds Ukrainian and Israeli citizenship.
Fridman is unmarried and has 4 children.