Alexander Abramov Net Worth (2025)
Businessman, Metallurgist
Net Worth
Wealth Tier: Billionaire
Net worth between $1 billion and $10 billion
Annual Income
$50 million per year from dividends and business operations
Net Worth Timeline
2022: $7,600,000,000, 2023: $5,500,000,000, 2024: $6,000,000,000
Alexander Abramov's Biography
Alexander Abramov is a renowned Russian billionaire and industrial magnate, best known as the co-founder and former chairman of Evraz, one of the world’s largest steel and mining companies. Born on March 6, 1959, Abramov began his career as a physicist after graduating from the Moscow Institute of Physics and Technology, where he later earned a PhD in Physics. In the wake of the Soviet Union's collapse, Abramov astutely transitioned from science to business, capitalizing on the privatization wave that swept through Russia in the 1990s. His strategic acquisitions of steel and mining assets set the stage for the creation of Evraz, a powerhouse in the global steel industry. Over the decades, Abramov has diversified his interests, investing in mining, energy, and other industrial sectors. Recognized for his keen business acumen, he has been featured consistently on the Forbes Billionaires List. Despite a low public profile and limited social media presence, Abramov is known for his philanthropy and passion for yachting and art collecting. While his businesses have faced controversies, including sanctions and environmental concerns, Abramov remains influential in Russia’s economic landscape. His story is one of transformation—from scientist to steel tycoon—and stands as a testament to seizing opportunities in times of change.
Wealth in Perspective
Fun Fact
He holds a PhD in Physics and started his career as a scientist before entering business.
Full Name
Alexander Grigoryevich Abramov
Nickname
The Steel Tycoon
Nationality
Russian
Birthday
March 06, 1959
Age
66
Zodiac Sign
Pisces
Height
5'11" (180 cm)
Weight
187 lbs (85.0 kg)
Marital Status
Married
Spouse
Irina Abramova
Children
2
Education
Moscow Institute of Physics and Technology
Famous For
Co-founding Evraz, one of the world's largest steel producers
First Big Break
Acquiring steel and mining assets in post-Soviet Russia and co-founding Evraz in the 1990s
Social Media
None publicly known
Businesses Owned
Evraz plc, Highland Gold Mining, and investments in various industrial enterprises
Awards
Order of Honour (Russia), Forbes Billionaires List
Category
Business
Controversies
Subject to international sanctions due to Russia-Ukraine conflict; allegations of environmental issues at steel plants
Hobbies
Yachting, art collecting
Interests
Physics, engineering, philanthropy, travel
Quote
"Success in business comes from seeing opportunities where others see obstacles."