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DINU PATRICIU
Rompetrol Holding“Energy comes from the soul”
Quick FactfileQuick FactfileRoumanian politician,businessman He is one of the richest Romanianshis wealth can be estimated at 300-350 million dollarsHe took the lead of Rompetrol in 1998Rompetrol is in 15th place among the most successful companies
Rompetrol Holding is one of the most important petrol companies from Romania
Business Area
Rompetrol- multinational oil company headquartered in the Netherlands, with operations in 13 countries, with most of the assets and operations in Romania, France and South-East Europe.
In 2002, he perfected the biggest transaction on the oil market in Romania: Rompetrol make a partnership with OMV, the Austrian oil group rated the best at the Vienna Stock Exchange.
FamilyDan Costache Patriciu, knowed like Dinu Patriciu, is married to Dana
Three children: Ana, Maria and Andrei Stefan (step son)
His father was Geology professor, then was director of the company Shell Romania
EducationGraduated Arhitectural Institute “Ion Mincu”-BucharestHe worked as arhitect at Design Institute of Ministry of Foreign TradeIn 1990 became member at PNLIn february 1990 established SC Alpha Construction and Real Estate S.A.Founder and president at Dinu Patriciu Fondation, non-governmental organizationIn 1998 acquired the Rompetrol company
First Business Success
During the communist regime, he gained extensive experience in real estate and maked a lot of money, finished 40 commercials spaces in United Arab Emirates
In February 1990, he founded Patriciu SC Alpha Construction and Real Estate Investments SA, which obtained the operating permit no. 1, the first private company founded in postcommunist Romania
Major Business Successes
In August 2007, Patriciu sold 75% stake in Rompetrol Holding (him holding a 80% share), which controlled the state oil company Rompetrol Group KazMunaiGaz of Kazakhstan;Following this transaction, he remained president and general manager of Rompetrol group, but became the richest Romanian, with a fortune of about $ 3.4 billion, of which $ 2.7 billion came only Rompetrol stake sale
Business Philosophy“Draw money from money.”“Whole mentality of living in communist Romania, refused capitalist success and believes that wealth can not only gain from theft, because as we were taught in school half a century.”
Personality Traitsnormal person, going underground;
drawing while talking on the phone;
do not spend a lot of money, so his wallet cares 200-300 ron
Worlwide recognition
He made Rompetrol company one of the most importantinternational project;in 2009, Patriciu ranks 397 of 739 Forbes billionaires list, his fortune is estimated at 1.8 billion dollars (1.3 billion)
“The first million dollars I made from architectural design and real estate development. Not associated with oil. The thing about “the first
million dollar” is a fairy tale, but it’s a fantasy based on reality. The reality is it really hard
getting your first million, hardly make the top ten, and after that start to accumulate a lot easier
because capitalism is based on an old Romanian proverb – draw money from money. It is not
lyrical, it’s the reality”
Illustrative quotes
In my opinion, this businessman was able to make heard the name of Romania in other
countries, which proves that it is a hard worker, ambitious and overcoming
international boundaries reaching the top of the richest people business.
Alexandra Maria Presecan
In my opinion,Dinu Patriciu is one of the most important business man who has shown to his country that only working
hardly you can rich the top.Also he demonstrated that money can’t bring the happiness,but menatins it helping
the stundents with the program “Invent your future”.
Cristina Gradinaru