Alexander Abramov

Alexander Abramov

$5.83 B

Ranked #681 in World

About Alexander Abramov

Alexander Grigoryevich Abramov, the former Chairman of Evraz—one of Russia's top steel producers, has built a monumental steel and iron empire, reporting a 2021 output of 13.57 million tons and $14.1 billion in revenue. Born in 1959, the Moscow-educated physicist turned oligarch employs over 71,000 globally. With assets spanning from Russian ore mines to North American steel mills, Abramov's innovative entrepreneurship catapulted Evraz to LSE listing in 2005. Despite UK sanctions amid the Russo-Ukrainian conflict, Abramov's net worth stands at a substantial $8 billion.

Born

February 20, 1959

Age

67 years

Source Of Wealth

Steel, Mining

Industries

Metals & Mining

Citizenship

Russia

Residence

Moscow

Education

Ph.D, Moscow Institute of Physics and Technology

Alexander Grigoryevich Abramov, a prominent Russian businessperson, was born in 1959 in Moscow, Russia, USSR. He is of Jewish descent and grew up in the city.

Alexander Abramov: Family

Abramov is married and has three children. He currently resides outside of Russia.

Alexander Abramov: Career Highlights

Abramov initially worked for Russia's space and defense program before becoming a metal trader. He later amassed one of the largest steel and iron empires in Russia, employing over 71,000 people worldwide. In 2021, his steel output reached 13.57 million tons, with a turnover of $14.1 billion.

Alexander Abramov: Companies

Abramov is widely recognized as a Russian oligarch and has been a business partner and ally of Aleksandr Frolov and Roman Abramovich. He is the former Chairman of the Board of Directors of Evraz, one of Russia's largest steel producers.

Alexander Abramov: Major Achievements

Abramov played a significant role in the growth of Evraz, which emerged as a result of Russia's economic recovery following the 1998 financial crisis. He represents the second wave of Russian magnates who entered the business arena after the most valuable assets had already been claimed.

Alexander Abramov: Awards & Achievements

Abramov's contributions to the steel industry have garnered him recognition and accolades. However, specific details about awards or achievements are not provided in the given information.

Alexander Abramov: Personal Life & Legacy

Outside of his professional endeavors, Abramov enjoys fishing, swimming, and tennis as hobbies. He is known for his philanthropic efforts, supporting social projects and job creation initiatives in various regions.

Alexander Abramov: Trivia

In January 2018, Abramov was named in the Countering America's Adversaries Through Sanctions Act by the US Treasury. Furthermore, he was sanctioned by the UK government in 2022 in relation to the Russo-Ukrainian War.

Wealth History

Timeline

1959

Alexander Grigoryevich Abramov is born in Moscow, Russia, USSR.

1998

Abramov acquires two bankrupt factories in the industrial region of Kemerovo, promising job creation and support for social projects.

2005

EvrazHolding lists on the London Stock Exchange.

2005

Abramov resigns as group president of EvrazHolding but remains a board member.

2007

Evraz acquires Oregon Steel Mills and Claymont Steel.

2018

Abramov is named in the Countering America's Adversaries Through Sanctions Act by the US Treasury.

2019

Abramov sells $160 million worth of shares in EvrazHolding alongside other directors.

2022

Abramov is sanctioned by the UK government in relation to the Russo-Ukrainian War.

2022

Abramov resigns from the board of EVRAZ plc.

Alexander Abramov : FAQs

What is Alexander Abramov's current net worth?

Alexander Abramov's current net worth is $5.83 billion.

What is Alexander Abramov's current global rank among billionaires?

Alexander Abramov holds the 681st position globally among billionaires.

What is Alexander Abramov's current ranking within the Russia?

Alexander Abramov holds the 28th position in Russia.

What was the change in Alexander Abramov's net worth compared to the previous year?

Alexander Abramov's net worth decreased by 146.35 million dollars compared to the previous year 2025, when his net worth was 5.98 billion dollars.

What are Alexander Abramov's main sources of wealth?

Alexander Abramov's main source of income comes from Steel, Mining.

In which industry does Alexander Abramov primarily operate?

Alexander Abramov is primarily involved in the Metals & Mining industry.

What is Alexander Abramov educational background?

Alexander Abramov holds a Ph.D from Moscow Institute of Physics and Technology.

How old is Alexander Abramov?

Alexander Abramov is 67 years old.

How many children does Alexander Abramov have?

Alexander Abramov has 3 children.

Who is Alexander Grigoryevich Abramov and his role in the steel industry?

Alexander Grigoryevich Abramov is a renowned Russian businessperson and the former Chairman of the Board of directors of Evraz, which is one of the largest steel producers in Russia. Under his leadership, Evraz produced 13.57 million tons of steel and reported turnover of $14.1 billion in 2021.

What is the background of Alexander Grigoryevich Abramov's education and early career?

Born in Moscow in 1959, Alexander Grigoryevich Abramov graduated from the Moscow Institute of Physics and Technology with a degree in physics and mathematics. He initially worked for Russia's space and defense program before becoming a metal trader and later building one of Russia's largest steel and iron empires.

How did Alexander Grigoryevich Abramov grow EVRAZ into a global business?

Alexander Grigoryevich Abramov grew EVRAZ following Russia's 1998 financial crisis, acquiring assets including ore mines, steel mills in Russia, North America, and Kazakhstan, and coal company PJSC Raspadskaya. EVRAZ listed on the London Stock Exchange in 2005, emphasizing its global business stature.

What strategic moves did Alexander Grigoryevich Abramov make in the Russian steel market?

Abramov strategically focused on building a monopoly for rail and steel construction products, particularly in the Kemerovo region, which is rich in coalmines. He acquired two bankrupt factories in 1998, appointed loyal external managers, and transformed them to strengthen Evraz's market position.

What are the personal interests and lifestyle choices of Alexander Grigoryevich Abramov?

Apart from his business endeavors, Alexander Grigoryevich Abramov is a family man, married with three children. He enjoys a private life outside of Russia, with hobbies that include fishing, swimming, and playing tennis.
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