Portrait of Denis Frolov

Rank #2651

Denis Frolov

Net worth $1.1B

IT · Russia

Born
Dec 30, 1982
Age
43
Source
IT
Residence
Moscow
Citizenship
Russia
Marital status
Divorced
Children
2
Education
Master, National Research University Higher School of Economics

Net worth over time

Biography

  • Denis Frolov derives his fortune from the Astra Group, a Moscow-listed software company, which went public in 2023 and raised $36 million.
  • With its Astra Linux software, an operating system, Astra provides software solutions to the Russian government and state-owned companies.
  • Astra's business has grown following Russia's invasion of Ukraine, providing much-needed digital infrastructure to its government, which was barred from Western technology.
  • Frolov also has a stake in Sistematika, a Russian IT company with1,500 employees; the company makes up a small part of his wealth.
  • He is a former executive of Wimm-Bill-Dann, a European dairy producer, which was acquired by PepsiCo in 2010, and has substantial dairy interests in Russia.

Financial assets

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