Kakha Bendukidze (; 20 April 1956 – 13 November 2014) was a Georgian statesman, businessman and philanthropist, founder of the Knowledge Foundation and head of the supervisory board of Agricultural and Free Universities.
A biologist by education, Bendukidze started his own business, Bioprocess, which manufactured biochemicals for scientific research in 1987. Soon he became known as one of Russia's leading libertarians. He led a working group on tax and currency within the Russian Union of Industrialists and Entrepreneurs and pressed for changes in tax policy, which ultimately included adoption of a flat 13 percent tax rate. In Russia, he was a strong opponent of government intervention in the economy, a view that put him at odds with President Vladimir Putin. Soon Bendukidze sold his stake and moved back to Georgia.
After the Rose Revolution, shortly after returning from Russia, he was appointed as Minister of Economy by former President Mikheil Saakashvili and the late Prime Minister Zurab Jvania in 2004. He served as Georgian Minister of Economy (June–December 2004), Minister for Reform Coordination (December 2004 – January 2008) and Head of the Chancellery of Government of Georgia (February 2008 – February 2009). Bendukidze oversaw liberal reforms that overhauled Georgia's post-Soviet economy. Consequently, he became regarded by many as the Man Who Remade Georgia.
After the appointment of Bendukidze, Georgia experienced a yearly 9.3% economic growth in 2004–2007 and almost four times more foreign investments. The government managed to decrease the taxes fourfold, the number of licenses by 90% and to liberalize the labour market.
He created a charity called the Knowledge Foundation, and he was the force behind the establishment of the Free University of Tbilisi and the Agricultural University of Georgia.
Bendukidze took an active role in helping the new government of Ukraine during its confrontation with Russia in 2014.
Early life
Bendukidze was born in Tbilisi, USSR, and graduated from the Department of Biology of Tbilisi State University in 1977 and from the Postgraduate School of the Moscow State University in 1980. From 1981 to 1985, he worked for the Institute of Biology and Physiology of Micro-organisms in Puschino. From 1985 to 1988, he worked as the head of the Laboratory for Molecular Genetics at the Institute of Biotechnology.
Personal life
Bendukidze has a daughter – Anastasia Goncharova (1990– ) – who adopted the surname of her mother. She took over the Knowledge Fund management from 2016, and married Ivan Mkheidze in 2017 . In March 1999, Bendukidze married Natalia Zolotova, who has 2 sons from the previous marriage; her first husband died., however the couple lived separately after 2004, since Kakha Bendukidze returned to Georgia.
Businessman in Russia
With the onset of Perestroika, Bendukidze created a small business called Bioprocess. In 1993, during the Voucher Privatization, campaign he bought stock in Uralmash. Bendukidze became a board member and later, Director-General of this company. After merging Uralmash with Izhora Plants in 1996, Bendukidze became chairman and CEO (Director-General) of the merged company, Objedinennie Mashinostroitelnie Zavody (OMZ). Under Bendukidze, OMZ became one of Russia's largest heavy engineering companies and he was one of the top twenty business leaders with an influential voice on economic policy.
By 2004 the Russian government under President Vladimir Putin had tightened its grip on strategic industries. According to Boris Berezovsky: "Bendukidze does not belong to Putin's circle of friends and he understood sooner than everyone else that everything would be taken away from him... Bendukidze by far hasn't exhausted his potential but right now the Russian authorities do not need such talented people". Thus, he decided to move to his native Georgia. In March 2004, he left the position of Chairman of OMZ and later sold his interest in the company. On 2 June 2004, he became Georgia's Economics Minister.
Georgian public figure
Bendukidze returned to Georgia after the Rose Revolution victory, having been appointed Minister of Economy in the new Saakashvili cabinet. Since 14 December 2004 to 31 January 2008, he was State Minister for Reform Co-ordination, coordinating government efforts to liberalize the economy.