Alexander Abramov
Moscow, Russia
Bachelor of Arts/Science, Moscow Institute of Physics and Technology
Russia
steel, mining, Self Made
$6,700,000,000
257
#261 Billionaires 2019
Alexander Abramov is chairman of steel company Evraz, which is also his biggest holding. In 2017, he and partners Roman Abramovich and Alexander Frolov bought a 24.5% stake in Transcontainer, the largest Russian container railway operator.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.
Abramov has invested in a manor on the coast of New Zealand, where there is a berth for yachts.In 2017, Russian President Vladimir Putin awarded Abramov the Decoration For Beneficence for his public work and charity activity.
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