51:
255:
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
272:
While the first wave of
Russian oligarchs grabbed whatever assets they could, Mr Abramov acquired them in a much more focused way. He decided to build a monopoly for rail and steel construction products and looked for factories that would give him synergies. The only other big factories making these
177:, one of Russia's largest steel producers. Since 1998, he has amassed one of the largest steel and iron empire in Russia, which employed 71,591 people around the world, with steel output of 13,57 million tones and turnover of $ 14,1 billion in 2021, leading to him be widely considered a
234:
In 2000-s Evraz-Holding has emerged as one of the most aggressive vertically integrated business groups in Russia and worldwide. Its assets now include ore mines and steel mills in Russia, steel mills in North
America and Kazakhstan, as well as Russian coal company PJSC Raspadskaya.
242:. Five months later, Abramov resigned as group president but remains a member of the board. In 2019, Abramov alongside other directors, sold $ 160m worth of shares in the company. He resigned from the board of EVRAZ plc in March 2022.
256:
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
50:
300:
As a state creditor, Tuleev would help appoint external managers loyal to EvrazHolding to run the steel mills. Abramov would pay salaries and taxes, guarantee jobs and support Tuleev's social projects.
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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
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with a degree in physics and mathematics. He first worked for Russia's space and defense program before becoming a metal trader after government funding declined.
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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.
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277:, also home to Russia's largest coalmines. Using his old trading contacts with coalmine bosses, Abramov was introduced to
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582:"Treasury Releases CAATSA Reports, Including on Senior Foreign Political Figures and Oligarchs in the Russian Federation"
173:, born 20 February 1959) is a Russian businessperson, who until March 2022 was the Chairman of the Board of directors of
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664:"Biden And Allies Are Coming For Russian Billionaires' Yachts: Forbes Tracked Down 32. Here's Where To Find Them"
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He is married with three children, and lives outside of Russia. His hobbies include fishing, swimming, tennis.
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227:, Abramov had neither political leverage nor financial resources to help him benefit from Russia's chaotic
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Abramov was born in 1959 in Moscow, Russia, USSR. He is of Jewish descent. He graduated from the
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620:"Russian billionaire launches legal action against Australia's foreign minister over sanctions"
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steel mill, while also buying stakes in its rail-producing plant from other shareholders.
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Tuleev needed good managers. Abramov needed the two factories and soon a deal was made.
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499:"Evraz shares lower after main owners sell another tranche for £158M"
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596:"CONSOLIDATED LIST OF FINANCIAL SANCTIONS TARGETS IN THE UK"
85:
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Pitching job creation in the vacuum of bankrupt factories
267:
568:"Countering America's Adversaries Through Sanctions Act"
195:
as having an estimated net worth of $ 8.0 billion.
1360:
Russian individuals subject to United
Kingdom sanctions
333:
327:
Countering
America's Adversaries Through Sanctions Act
542:"Evraz Group приобретает Claymont Steel за $ 564 млн"
292:
1300:Moscow Institute of Physics and Technology alumni
1183:The Oligarchs: Wealth and Power in the New Russia
1281:
215:EVRAZ is a product of Russia's growth since the
524:"Evraz directors quit in wake of UK sanctions"
245:
700:
39:
238:In June 2005 EvrazHolding was listed on the
714:
198:
747:Economic history of the Russian Federation
707:
693:
452:
441:Moscow Institute of Physics and Technology
273:products were in the industrial region of
205:Moscow Institute of Physics and Technology
105:Moscow Institute of Physics and Technology
49:
412:
410:
408:
406:
366:"CHANGES IN THE COMPOSITION OF THE BOARD"
329:released by US Treasury in January 2018.
1282:
560:
403:
268:Acquisitions, monopolies and factories
688:
376:
189:, Abramov was in June 2021 listed by
418:"The world's 50 Richest Jews: 21–30"
1315:21st-century Russian businesspeople
1310:20th-century Russian businesspeople
661:
281:, populist governor of the region.
13:
1259:Jewish Museum and Tolerance Center
818:1996 Russian presidential election
638:"The Russian Olympians Foundation"
336:government in 2022 in relation to
14:
1381:
389:Forbes - The World's Billionaires
181:. A business partner and ally of
21:Alexander Konstantinovich Abramov
1370:Russian businesspeople in Cyprus
1345:Russian people of Jewish descent
752:History of Russia (1991–present)
343:
293:The deal: managers for factories
1320:20th-century Russian physicists
1244:Russia–United Kingdom relations
742:Dissolution of the Soviet Union
655:
630:
612:
588:
574:
304:
16:Russian billionaire businessman
1355:Naturalized citizens of Cyprus
1239:Russia–United States relations
534:
516:
491:
473:
446:
430:
358:
158:Alexander Grigoryevich Abramov
65:Alexander Grigoryevich Abramov
1:
1330:20th-century Russian chemists
823:1998 Russian financial crisis
351:
171:Александр Григорьевич Абрамов
19:For the Russian general, see
1264:Killing of Vladimir Petukhov
1189:List of Russian billionaires
813:Petroleum industry in Russia
320:
7:
1350:Russian emigrants to Cyprus
1219:Azerbaijan–Russia relations
828:Russia under Vladimir Putin
757:Presidency of Boris Yeltsin
737:Economy of the Soviet Union
453:Panibratov, Andrei (2012).
246:Commercial entrepreneurship
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1254:Genesis Philanthropy Group
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122:Co-founder and chairman,
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60:
48:
40:
37:
30:
1234:Russia–Ukraine relations
918:Viatcheslav Moshe Kantor
325:Abramov is named in the
199:Early life and education
1229:Israel–Russia relations
1224:Cyprus–Russia relations
762:Loans for shares scheme
716:Privatization in Russia
309:In 2007 EVRAZ acquired
258:swapped debt for equity
913:Konstantin Kagalovsky
240:London Stock Exchange
217:1998 financial crisis
1305:Russian billionaires
1204:Liberalism in Russia
968:Mikhael Mirilashvili
933:Mikhail Khodorkovsky
481:"Board of directors"
221:Mikhail Khodorkovsky
1199:Ukrainian oligarchs
1033:Vladimir Vinogradov
1008:Alexander Smolensky
426:. 7 September 2010.
384:"Alexander Abramov"
338:Russo-Ukrainian War
150:Order of Friendship
948:Iskander Makhmudov
903:Mikhail Gutseriyev
785:Goskomimushchestvo
662:Tognini, Giacomo.
584:. 16 January 2024.
548:. 10 December 2007
423:The Jerusalem Post
332:Sanctioned by the
311:Oregon Steel Mills
1365:Russian oligarchs
1335:Soviet physicists
1277:
1276:
1170:
1169:
1162:Access Industries
1127:Novolipetsk Steel
1028:Viktor Vekselberg
1018:Gennady Timchenko
998:Mikhail Prokhorov
938:Alexander Knaster
898:Vladimir Gusinsky
853:Alexander Abramov
791:Banking in Russia
466:978-0-415-61588-4
370:investegate.co.uk
155:
154:
75:February 20, 1959
41:Александр Абрамов
32:Alexander Abramov
1377:
1142:Rossiysky Kredit
1003:Arkady Rotenberg
993:Vladimir Potanin
973:Vadim Moshkovich
963:Leonid Mikhelson
943:Alexey Kuzmichev
923:Suleyman Kerimov
873:Boris Berezovsky
858:Roman Abramovich
841:
840:
808:Energy in Russia
796:Semibankirschina
778:Finance Minister
709:
702:
695:
686:
685:
679:
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676:
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659:
653:
652:
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642:www.olympians.ru
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530:. 11 March 2022.
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503:www.spglobal.com
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225:Vladimir Potanin
187:Roman Abramovich
183:Aleksandr Frolov
179:Russian oligarch
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78:
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53:
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43:
42:
28:
27:
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1340:Soviet chemists
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1278:
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1209:Crime in Russia
1166:
1079:X5 Retail Group
1043:
1037:
1023:Alisher Usmanov
1013:Eugene Shvidler
958:Alexander Mamut
893:Arcadi Gaydamak
888:Mikhail Fridman
863:Vagit Alekperov
832:
803:Media in Russia
774:Anatoly Chubais
718:
713:
683:
682:
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626:. 17 June 2022.
624:theguardian.com
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55:Abramov in 2017
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1112:Norilsk Nickel
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978:Leonid Nevzlin
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883:Oleg Deripaska
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437:DMCP graduates
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315:Claymont Steel
306:
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231:of the 1990s.
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1249:Genesis Prize
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1214:Russian mafia
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988:Stan Polovets
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953:Vitaly Malkin
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878:Len Blavatnik
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459:. Routledge.
458:
457:
449:
443:Class of 1982
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344:Personal life
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77:(age 65)
63:
59:
52:
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36:
29:
26:
22:
1325:Russian Jews
1194:New Russians
1181:
1137:Renova Group
1091:Rosvodokanal
1061:Bank Menatep
1044:& groups
908:Zarakh Iliev
852:
794:
783:
766:
729:
671:. Retrieved
667:
657:
645:. Retrieved
641:
632:
623:
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602:. Retrieved
590:
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550:. Retrieved
536:
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393:. Retrieved
387:
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308:
305:Acquisitions
299:
296:
288:
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262:Nizhny Tagil
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190:
157:
156:
25:
1290:1959 births
1269:Open Russia
983:God Nisanov
928:German Khan
731:Perestroika
279:Aman Tuleev
114:Businessman
93:Nationality
1284:Categories
1152:SUAL Group
1071:Alfa Group
723:Background
352:References
111:Occupation
71:1959-02-20
1075:Alfa-Bank
1042:Companies
868:Petr Aven
837:Oligarchs
546:RBC Group
508:8 January
321:Sanctions
163:‹See Tfd›
101:Education
1175:See also
1097:Interros
647:22 April
604:16 April
275:Kemerovo
138:Children
1102:Novatek
1051:Sibneft
673:3 March
395:13 June
260:in the
251:Trading
167:Russian
133:Married
96:Russian
1147:Polyus
1132:Mechel
1117:Lukoil
1087:TNK-BP
1083:Altimo
845:People
668:Forbes
552:26 May
463:
211:Career
192:Forbes
146:Awards
130:Spouse
82:Moscow
1157:Rusal
1066:Yukos
599:(PDF)
485:Evraz
175:Evraz
124:Evraz
768:Blat
675:2022
649:2021
606:2023
554:2023
510:2021
461:ISBN
397:2021
313:and
223:and
185:and
86:USSR
61:Born
1056:ORT
340:.
1286::
1089:·
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1081:·
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666:.
640:.
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544:.
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483:.
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405:^
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368:.
334:UK
317:.
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141:3
69:(
23:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
