Portrait of Andrei Bokarev

Rank #884

Andrei Bokarev

Net worth $4.9B

Metals, mining · Russia

Born
Oct 23, 1966
Age
59
Source
Metals, mining
Residence
Moscow
Citizenship
Russia
Marital status
Married
Children
1
Education
Master of Arts/Science, Finance Academy under the Government of the Russian Federation

Net worth over time

Biography

  • Until 2022 Andrei Bokarev runs Transmashholding (TMH), Russia's biggest producer of rolling stock for railways and subway systems.
  • Bokarev previously headed Krutrade AG, which ran the export operations of the Kuzbassrazrezugol coal company.
  • Bokarev is a partner in most of his senior partner Iskander Makhmudov's projects including TMH, Kuzbassrazrezugol and Ural Mining Metallurgical Company (UMMC).
  • He owns half of Ust-Luga Oil company, largest oil terminal in Europe with capacity of 30 million tons per year.
  • In June of 2018 Alexei Krivoruchko, Bokarev's former partner, was appointed deputy minister of defense of Russia.
  • UMMC spent $100 Million on constructing ice arena Shayba for the Sochi Olympics, which it gave to the government after the olympics.

Financial assets

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