Iskander Makhmudov
Moscow, Russia
Bachelor of Arts/Science, Tashkent State University
Russia
mining, metals, machinery, Self Made
$6,900,000,000
239
#239 Billionaires 2019
Iskander Makhmudov is the main owner of copper producer UGMK, which has controlling stakes in more than 300 companies in nine regions of Russia. Makhmudov is also a shareholder in Transmashholding, Russia's largest maker of locomotives and rail equipment. Born in Bukhara, Uzbekistan, he lived in Tashkent and graduated from a local university with a degree in oriental studies. Billionaire Andrei Bokarev is a minority partner in most of Makhmudov's projects including Transmashholding.
From 1984 to 1988, he worked as an interpreter for a group of Soviet military advisers in Libya and Iraq.
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