Anatoly Sedykh’s profile picture

Anatoly Sedykh

Anatoly Sedykh’s profile picture
Net worth 2018: $1.1 Billion
Industry: Metals & Mining
Country: Russia
Children: 2
Education: Bachelor of Science in Engineering, Moscow Institute of Steel and Alloys
BIOGRAPHY

Anatoly Sedykh was born in Russia. Anatoly Sedykh is the main shareholder and managing partner of United Metallurgical Company (OMK), Russia's second-largest pipe producer and biggest maker of train wheels. Over the last several years, he and his partners withdrew shares of all of OMK's factories from stock exchanges and made OMK a totally private company. OMK has a 12-year wheel contract with Russian Railways, the state-owned monopoly, which will finish at the end of 2015. OMK has been bolstered by two more massive deals: It is supplying pipes for an oil pipeline to China and a gas pipeline to Germany. Sedykh graduated from the Moscow State Institute of Steel & Alloys, which several of Russia's other tycoons also attended, and worked as an economist in the Central Research Institute for Ferrous Metallurgy. In 1989 he started a joint venture in scrap-metal recycling with a $1.5 million loan from Sberbank, Russia's largest bank. He then began buying up shares in Vyksunsky Metallurgical Plant, a producer of pipes in the Urals region; by 1999 he and his partners were controlling shareholders. He subsequently established OMK.

NET WORTH STATISTIC
2010

$1.1 Billion

2011

$1.9 Billion

2012

$2 Billion

2013

$1.7 Billion

2014

$1.1 Billion

2018

$1.1 Billion

TIMELINE
1970

Anatoli Yuryevich Sedykh (Russian: Анатолий Юрьевич Седых; born 1 May 1970) is a former Russian football player

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