Rank #579
Andrei Skoch & family
Net worth $6.8B
Metals and mining · Russia
- Born
- Jan 30, 1966
- Age
- 60
- Source
- Metals and mining
- Residence
- Moscow
- Citizenship
- Russia
- Marital status
- Single
- Children
- 10
- Education
- State Central Institute of Physical Culture
Net worth over time
Biography
- Andrei Skoch is a partner in Russian investment group, USM, and has been a member of the State Duma, Russia's legislative body, since 1999.
- He and his former partner, Lev Kvetnoi, were born in a settlement near Moscow and studied at the same athletics school, Institute of Physical Culture.
- The partners merged their business with that of billionaire Alisher Usmanov. Kvetnoi later sold out.
- As a member of the Duma, he isn't allowed to own stakes in businesses so his shares in USM are held by his father Vladimir and his daughter Varvara.
- Skoch was sanctioned by the U.S. in 2018 for "longstanding ties to Russian organized criminal groups," which he has denied. The EU and U.K. sanctioned him in 2022.
- He built a memorial to fallen Russian soldiers in Lushun, China, formerly known as Port Arthur, the site of the bloodiest battles of the 1904-05 Russo-Japanese War.