Alexander Yevseyevich Shnaider is a Soviet-born Canadian entrepreneur and former commodities trader.
17 Facts About Alex Shnaider
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Alex Shnaider graduated from York University in Toronto in 1991 with a bachelor's degree in economics.
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Alex Shnaider operated in Ukraine before government-owned steel factories were privatized.
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In 2004, Alex Shnaider stated that the main activities of the Midland Group were steel manufacturing, construction, shipping, and agriculture.
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In February 2005, Alex Shnaider bought Formula One team Jordan Grand Prix from Eddie Jordan for approximately US$50 million, and renamed it Midland F1 Racing for the 2006 Formula One season.
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In December 2007, Alex Shnaider bought Israeli soccer team Maccabi Tel Aviv for an estimated 12 million euros.
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On 4 August 2009, Alex Shnaider sold the club to Canadian property developer Mitchell Goldhar, after investing $20 million in the club.
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Alex Shnaider partnered with Donald Trump in the construction of the Trump International Hotel and Tower, which is in Toronto.
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In 2007, Alex Shnaider was reported as having decided to keep the penthouse suite for himself, at an estimated value of $20 million.
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In 2017, the building and Alex Shnaider were alleged as key links in a financial connection between Trump and the Russian government.
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Alex Shnaider reportedly used proceeds from the sale of his Ukrainian steel mill to partially meet cost overruns at the Toronto Trump Tower.
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In March 2010, Alex Shnaider invested in a property consortium that bought Toronto's King Edward Hotel for $50 million.
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Alex Shnaider originally invested alongside three other real estate companies, Skyline International Development Inc.
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In 2011, Alex Shnaider formed a Delton Retail fund, a property group, with N3 Real Estate, owned by Dutch businessman ADG van Dam.
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Alex Shnaider had already invested alongside Blutrich in the King Edward Hotel, which Blutrich invested in via Skyline International Development Inc.
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Alex Shnaider is currently the sole holder of controlling interest when the Israeli court ruled in favor of him in August 2020, in a legal lawsuit filed by his past partner Gil Blutrich.
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Alex Shnaider is married to Simona Alex Shnaider daughter of Boris Birshtein.