Iskander Makhmudov
Iskander Makhmudov was bornon 5 December 1963 in Moscow, Russia, Russia. Iskander Makhmudov is #222 in List Billionaires People In The World. Iskander Makhmudov is the main owner of copper producer Urals Mining and Metals Company (UMMC, also known as UGMK), which has controlling stakes in more than 300 companies in nine regions of Russia. He is also a shareholder in Transmashholding, Russia's largest maker of locomotives and rail equipment. Born in Bukhara, Uzbekistan, he lived in Tashkent and graduated from a local university with a degree in oriental studies. In 2009, Spanish authorities named him in a money laundering case, which they handed over to the Russian attorney general's office for further investigation. In March 2012, the case, which also implicates billionaire Oleg Deripaska, was sent to the investigative department of the ministry of internal affairs. The investigation remains open, but no findings have been announced.
| 2009 | $3.3 Billion |
|---|---|
| 2010 | $8.5 Billion |
| 2011 | $9.9 Billion |
| 2012 | $8.2 Billion |
| 2013 | $8.7 Billion |
| 2014 | $6.1 Billion |
| 2015 | $3.5 Billion |
| 2016 | $4 Billion |
| 2017 | $6.5 Billion |
| 2018 | $7.63 Billion |
According to SKRIN Market & Corporate News, Makhmudov planned to direct his company to develop a new regional jet by 2015
In June 2014, Makhmudov closed a deal with Hyatt Hotels to build a luxury apartment hotel in Yekaterinburg, Russia
The average copper prices will be around $8,000 a tonne in 2012
In August 2011, the first Wendy's restaurant opened in Russia
Yekaterinburg News called him "One of Russia’s most prominent and civically involved industrialists" who has contributed more than $1 billion to social, civic and philanthropic causes since 2001, adding “During the period of Russian rebuilding and economic liberalization, or perestroika, Makhmudov helped lead the country’s transition into a free market, capitalist, wealth- and prosperity-producing economy
He has worked in several other business positions:In 1999, he created UMMC
Makhmudov’s ascension to success began in 1991 when the state economy was replaced with capitalism after the fall of the USSR
”According to Forbes Magazine, Iskander Makhmudov is the 22nd wealthiest person in Russia
