Iskander Makhmudov (original) (raw)

About Iskander Makhmudov

• The Uzbekistan-born Makhmudov was the main owner of copper producer Ural Mining Metallurgical Company (UMMC), which has controlling stakes in more than 40 plants in 11 regions of Russia.
• In 2022 UMMC press office reported that Makhmudov was no longer the controlling beneficiary of the company and left the board of directors. Forbes still counts the shares as his.
• Makhmudov is also a non-controlling shareholder in Transmashholding, Russia's largest maker of locomotives and rail equipment.
• UMMC spent $100 million building the Shayba ice arena for the 2014 Sochi Olympics, which it gave to the Russian government after the games.
• His business partner Andrei Bokarev, who holds stakes in several of the same companies as Makhmudov, is also a billionaire.

Wealth History

HOVER TO REVEAL NET WORTH BY YEAR

Forbes Lists

Personal Stats

Age

60

Source of Wealth

Mining, metals, machinery, Self Made

Residence

Moscow, Russia

Citizenship

Russia

Marital Status

Married

Children

1

Education

Master of Arts/Science, Tashkent State University

Did you know

From 1984 to 1988, he worked as an interpreter for a group of Soviet military advisers in Libya and Iraq.

His son Dzhakhangir, who previously worked for Goldman Sachs and Morgan Stanley, is UMMC's Chief Transformation Officer.

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