Early Life
Andrei Vladimirovich Skoch was born on January 30, 1966, in Nikolskoye, Moscow region. After serving in the Soviet Army in 1984, he pursued higher education. He studied at the Institute of Physical Culture and later graduated from Moscow State University for Humanities, specializing in psychology.
Rise to Success
Skoch's entrepreneurial journey began in the late 1980s, starting with a bakery. He then ventured into selling computer components and owning fuel distribution companies. In 1995, he joined the metals business, partnering with Alisher Usmanov. Together, they acquired Lebedinsky Mining and a steel production plant. Skoch is a significant shareholder in Metalloinvest, a major player in the iron ore and steel industry. His shares are reportedly held in his father's name.
Key Business Strategies
Skoch's success is largely attributed to his strategic partnership with Alisher Usmanov in the metals sector, leading to the formation of Metalloinvest. The company focused on the production of iron ore and steel products, achieving significant market shares. Skoch's strategy included expanding the business and investing in modernizing production facilities. Metalloinvest has been involved in acquiring shares and expanding its operations, further solidifying its position in the industry.
Philanthropy
Skoch is known for his extensive philanthropic work through the Pokolenie (Generation) Foundation. The foundation supports a variety of causes, including medical facilities, cultural initiatives, and assistance to families and veterans. He has donated over $117 million to charitable causes. He also supports various social and cultural projects.