Alex Shnaider is a Russia

Russia

Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

n-born Canadian entrepreneur

Entrepreneur

An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...

 and former commodities trader

Trader (finance)

A trader is someone in finance who buys and sells financial instruments such as stocks, bonds, commodities and derivatives. A broker who simply fills buy or sell orders is not a trader, as they are merely executing instructions given to them. According to the Wall Street Journal in 2004, a managing...

. He is co-founder with Eduard Shifrin

Eduard Shifrin

Eduard Shifrin is an entrepreneur, born in Dnipropetrovsk in the Soviet Union and now resident in London. He is of Jewish ancestry....

 of the Midland Group

Midland Group

The Midland Group is an international trading and investment holding company, Registered in Guernsey under the name Midland Resources Holding Ltd, the group owns a number of subsidiaries across the agriculture, manufacturing, real estate, shipping and steel industries.Primarily active in the...

. He was educated at York University

York University

York University is a public research university in Toronto, Ontario, Canada. It is Canada's third-largest university, Ontario's second-largest graduate school, and Canada's leading interdisciplinary university....

 in Toronto.

Alex Shnaider partnered with Donald Trump

Donald Trump

Donald John Trump, Sr. is an American business magnate, television personality and author. He is the chairman and president of The Trump Organization and the founder of Trump Entertainment Resorts. Trump's extravagant lifestyle, outspoken manner and role on the NBC reality show The Apprentice have...

 in the construction of the Trump International Hotel and Tower

Trump International Hotel and Tower (Toronto)

Trump International Hotel & Tower, Toronto is a mixed-use skyscraper currently under construction in Toronto, Ontario, Canada. It is being built by Talon International Development Inc., which is owned by Val Levitan and Canadian businessman Alex Shnaider....

, which is currently under construction in Toronto. Donald Trump

Donald Trump

Donald John Trump, Sr. is an American business magnate, television personality and author. He is the chairman and president of The Trump Organization and the founder of Trump Entertainment Resorts. Trump's extravagant lifestyle, outspoken manner and role on the NBC reality show The Apprentice have...

 is a minority shareholder in the project. Shnaider has reportedly decided to keep the penthouse suite for himself, at an estimated value of $20 million.

Formula One

Shnaider bought Jordan Grand Prix

Jordan Grand Prix

Jordan Grand Prix was a Formula One constructor that competed from 1991 to 2005. The team is named after Irish businessman and founder Eddie Jordan...

 from Eddie Jordan

Eddie Jordan

Edmund "Eddie" Jordan also known as "EJ" founded and owned Jordan Grand Prix, a Formula One constructor which operated from 1991 to 2005...

 in February 2005

2005 Formula One season

The 2005 Formula One season was the 56th FIA Formula One World Championship season, contested over a record 19 Grands Prix. It commenced on March 6, 2005, and ended October 16....

 for approximately USD $50 million, and renamed it Midland F1 Racing

Midland F1 Racing

Midland F1 Racing was a Formula One constructor and racing team. It competed in the 2006 Formula One season with drivers Christijan Albers and Tiago Monteiro. The team was created by the renaming of Jordan Grand Prix after its purchase by Canadian businessman, and owner of the Midland Group, Alex...

 for the 2006 Formula One season

2006 Formula One season

The 2006 Formula One season was the 57th season of FIA Formula One motor racing. It featured the 2006 FIA Formula One World Championship which began on March 12 and ended on October 22 after eighteen races. The Drivers' Championship was won by Fernando Alonso of Renault F1 for the second year in a...

. On 9 September 2006, the team was sold to Spyker Cars

Spyker Cars

Spyker Cars is a Dutch sports car marque. The modern Spyker Cars only has the legal right to the brand name. The company's motto is "Nulla tenaci invia est via", which is Latin for "For the tenacious, no road is impassable". The marque's logo displays the piston engine of an airplane, a reference...

.

External links

• Midland Group
• Midlandia Photo of Shnaider's megayacht at the Monaco GP