Konstantin Strukov
Chelyabinsk, Russia
Master of Science, Magnitogorsk Mining and Metallurgical Institute
Russia
gold, coal mining, Self Made
$1,900,000,000
1227
#1227 Billionaires 2019
Konstantin Strukov started as a coal miner in 1980. After 7 years he switched to gold mining, first as engineer and then as the top executive.Strukov moved to Russia in 1993 and started copper mining. In 1995 he rented a gold mine near Chelyabinsk from former soviet giant Uzhuralzolo.In 1997 Strukov headed the whole Uzhuralzoloto, which was on the verge of bankruptcy. He restructured the debts and then bought up its key assets.Strukov started investing in coal mining in 2013, and now has coal deposits exceeding 100 million tons.
Strukov is a member of Chelyabinsk Legislative Chamber where he coordinates the usage of local natural resources and environmental policy.Strukov regularly descends into his gold mines with other miners, all of whom he apparently knows by name.
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