Alexander Frolov
$2.6B
Born
May 17, 1964
Age
61
Source of Wealth
Mining, steel
Residence
Moscow,
Citizenship
Russia
Marital Status
Married
Children
1
Education
Ph.D, Moscow Institute of Physics and Technology
- Alexander Frolov resigned as chief executive of multinational steel company Evraz, in which he still holds a nearly 10% stake.
- He and his partner, Alexander Abramov, sold a 40% stake in Evraz to billionaire Roman Abramovich in 2006 for more than $3 billion.
- He also has stakes in Norilsk Nickel, search engine Yandex, video streaming service Ivi and Renaissance Insurance.
- In March 2022 he resigned as director of the Evraz's board after his partner Roman Abramovich was hit by U.K. sanctions. Frolov himself went under U.K. sanctions in November 2022.
- Frolov, who has a doctorate in physics and mathematics, got his start working as a research fellow at the I.V. Kurchatov Institute of Atomic Energy.
- Frolov was one of the sponsors of the restoration project of the Valaam Spaso-Preobrazhensky Monastery.
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