Rank #713
Alexander Abramov
Net worth $5.8B
Steel, mining · Russia
- Born
- Feb 20, 1959
- Age
- 67
- Source
- Steel, mining
- Residence
- Moscow
- Citizenship
- Russia
- Marital status
- Married
- Children
- 3
- Education
- Ph.D, Moscow Institute of Physics and Technology
Net worth over time
Biography
- Alexander Abramov was chairman of steel company Evraz, which is also his biggest holding, until March 2022. He resigned after his partner Roman Abramovich was hit by UK sanctions.
- Abramov himself was hit with UK sanctions in November 2022. He has been under sanctions in New Zealand (where he has property) since 2009.
- Abramov got his start as the head of a research lab before the collapse of the Soviet Union.
- In 1992, he founded a precursor to Evraz Holding and made a fortune exporting metals and coal from the Urals and Siberia.
- After the 1998 Russian financial crisis, he bought up hobbled steel companies on the cheap, including two U.S. firms, Claymont Steel and Oregon Steel.
- In 2017, Russian President Vladimir Putin awarded Abramov the Decoration For Beneficence for his public work and charity activity.
Financial assets
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