BillionaireNet
Bokarev
Andrei Bokarev
Rank #1272
RUSSIAMetals & MiningMetals, mining

Andrei Bokarev

Net Worth
$3.183B
0% (24h)
Andrei Bokarev is a prominent Russian businessman and billionaire, known for his significant contributions to the metals, mining, and manufacturing industries. With an estimated net worth of $3.9 billion in August 2024, Bokarev has built a successful career and is ranked among the wealthiest individuals globally. His journey began with managing export operations at Kuzbassrazrezugol coal company, later leading to co-founding Transmashholding JSC, Russia's largest rolling stock manufacturer. Bokarev has also been instrumental in the success of the Ural Mining and Metallurgical Company (UMMC). Despite facing international sanctions, Bokarev remains a key figure in Russian business, holding significant influence in shaping Russia's economic landscape.

The Full Dossier

Early Life

Andrei Removich Bokarev was born in Moscow, Russia, on October 23, 1966. Little information is available about his early life. He graduated from the Moscow Institute of Finance in 1990.

Rise to Success

Bokarev's career began in 1998, overseeing the export operations of the Kuzbassrazrezugol coal company, where he was managing Krutrade AG. He then became a partner in many of Iskander Makhmudov's projects, including Transmashholding (TMH), Kuzbassrazrezugol, and the Ural Mining and Metallurgical Company (UMMC).

In 2008, Bokarev became the president of Transmashholding, which transformed the company into a leading enterprise in Russia and abroad. He is recognized in Russia for his sharp strategic vision and entrepreneurial skills.

Key Business Strategies

Bokarev has focused on strategic partnerships, such as the collaboration with Alstom to develop a new generation of rolling stock. He has diversified investments across several sectors.

Philanthropy

Andrei Bokarev is known as a philanthropist in Russia. He is involved in supporting sports and has built a large part of the Sochi 2014 Olympic Games' infrastructure. He is also the president of the Russian Ski Association and the Russian Freestyle Ski Federation.

Career Timeline

2008

President of Transmashholding

Appointed President of Transmashholding, transforming it into a leading company

1998

Export Operations Manager

Oversaw export operations of the Kuzbassrazrezugol coal company, through Krutrade AG

Philanthropic Impact

SportsUndisclosed

Support for Sports

Building infrastructure for the Sochi 2014 Olympic Games. President of the Russian Ski Association and the Russian Freestyle Ski Federation

Wealth Trajectory