Alexander Abramov
- January 6, 2024
- Entrepreneur
Quick Facts
| Full Name | Alexander Abramov |
| Occupation | Entrepreneur |
| Date Of Birth | Feb 20, 1959(1959-02-20) |
| Age | 65 |
| Birthplace | Krasnodar |
| Country | Russia |
| Birth City | Krasnodar |
| Horoscope | Pisces |
Alexander Abramov Biography
| Name | Alexander Abramov |
| Birthday | Feb 20 |
| Birth Year | 1959 |
| Place Of Birth | Krasnodar |
| Home Town | Krasnodar |
| Birth Country | Russia |
| Birth Sign | Pisces |
| Spouse | Svetlana Abramova |
| Children(s) | Yegor Abramov, Natalya Abramova, Alexander Abramov |
Alexander Abramov is one of the most popular and richest Entrepreneur who was born on February 20, 1959 in Krasnodar, Krasnodar, Russia. Alexander Grigoryevich Abramov (Russian: Александр Григорьевич Абрамов , born 1959) is a Russian former scientist who became an industrial magnate as one of the two heads of Evraz, Russia’s largest steel producer. Beginning in 1998, at one point he had amassed the largest steel and iron empire in Russia, which employed 125,000 people, controlling about 22 percent of the country’s total steel output with an annual turnover of $20 billion. A business partner and ally of Aleksandr Frolov and Roman Abramovich, Abramov was in January 2020 listed by Forbes as having an estimated net worth of $6.1 billion.
This pitched Abramov against Alfa Group, one of the most influential oligarch groups, which controlled one of the factories. While groups such as Alfa were shedding non-core assets, Abramov and his like were building empires. In June 2005 EvrazHolding was listed on the London Stock Exchange. Five months later, Abramov resigned as group president but remains a member of the board.
Abramov is named in the Countering America’s Adversaries Through Sanctions Act released by US Treasury in January 2018.
EvrazHolding is a product of Russia’s growth since the 1998 financial crisis and Abramov is representative of the second wave of Russian magnates who went into business after the best assets had been taken. Unlike the first wave of politically connected oligarchs, such as Mikhail Khodorkovsky and Vladimir Potanin, Abramov had neither political leverage nor financial resources to help him benefit from Russia’s chaotic privatisation of the 1990s.
Alexander Abramov Net Worth
| Net Worth | $5 Million |
| Source Of Income | Entrepreneur |
| House | Living in own house. |
Alexander Abramov is one of the richest Entrepreneur from Russia. According to our analysis, Wikipedia, Forbes & Business Insider, Alexander Abramov 's net worth $5 Million. (Last Update: December 11, 2023)
He used his contacts with Russia’s steel mills, which used high-temperature technologies, and offered his services not as a scientist but as a metal trader. Trading was a popular and quick way to make money in Russia in the early 1990s. The economy was shrinking, non-payment was a chronic problem and any offer of cash from a trader was welcomed by factories. By 1997, trading was less profitable and many trading companies, including Abramov’s, were owed large sums by producers. Abramov began buying factories and swapped debt for equity in the Nizhny Tagil steel mill, while also buying stakes in its rail- producing plant from other shareholders.
The two factories Abramov was interested in were in bankruptcy in 1998. Salaries had not been paid for up to eight months and strikes were breaking out.
He has made numerous strategic business acquisitions. For example, in 2007 Abramov acquired Oregon Steel Mills and Claymont Steel.
Height, Weight & Body Measurements
Alexander Abramov height Not available right now. Alexander weight Not Known & body measurements will update soon.
Who is Alexander Abramov Dating?
According to our records, Alexander Abramov married to Svetlana Abramova. As of December 1, 2023, Alexander Abramov’s is not dating anyone.
Relationships Record : We have no records of past relationships for Alexander Abramov. You may help us to build the dating records for Alexander Abramov!
Facts & Trivia
Alexander Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in Russia. Alexander Abramov celebrates birthday on February 20 of every year.
Top Facts about Alexander Abramov
- Alexander Abramov is a Russian billionaire businessman.
- He co-founded the Evraz steel company in 1992.
- His net worth is estimated at $7.5 billion USD.
- Abramov owns a luxury yacht named “Eclipse.”
- He has donated millions to charity and education initiatives.
- In 2018, he was awarded the Order of Honour by the Russian government.
- Abramov is married with two children.
- He holds degrees in engineering and economics from Moscow universities.
- The majority of his wealth comes from his stake in Evraz.
- Abramov is known for his love of skiing and mountaineering adventures.
How rich is Alexander Abramov?
A business partner and ally of Aleksandr Frolov and Roman Abramovich, Abramov was in June 2021 listed by Forbes as having an estimated net worth of $8.0 billion.
How did Alexander Abramov make his money?
The majority of Abramov’s fortune stems from a 19.3% stake in publicly traded Evraz , the second-largest steelmaker in Russia, according to the World Steel Association website. He owns the stake through Cyprus-based holding company Abiglaze.
Who owns the Titan yacht?
History
Bermuda
Owner| Alexander Abramov
Builder| Abeking & Rasmussen
Yard number| 6483
How much is Roman Abramovich worth?
8.9 billion USD (2022)
Who owns Evraz steel?
TypePublic limited company
Net income| US$3.524 billion (2021)
Owner| Roman Abramovich (30.5%)
Number of employees| 71,591 (2021)
Website| www.evraz.com