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Alexander Abramov
Rank #345

Alexander Abramov

$6564.9B

Moscow, , Russia

Metals & Mining

Biography

Alexander Abramov is chairman of steel company Evraz, which is also his biggest holding.

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

Evraz PLC

LONDON: EVR-GB

Shares: 281,870,000

Norilsk Nickel Mining & Metallurgica

MICEX: GMKN-RU

Shares: 2,151,165

Raspadskaya OJSC

MICEX: RASP-RU

Shares: 119,949,000

Renaissance Insurance Group

MICEX: RENI-RU

Shares: 39,124,446