BillionaireNet
Kozovoy
Gennady Kozovoy
Rank #3110
RUSSIAEnergycoal

Gennady Kozovoy

Net Worth
$1.006B
0% (24h)
Gennady Kozovoy, a prominent figure in the Russian coal industry, is a self-made billionaire with a net worth of $1.0 billion. His career spans several decades, beginning in the 1970s as an electrician and steadily rising through the ranks to become CEO and one of the main owners of Raspadskaya Coal Company. His source of wealth is coal, and his achievements include transforming Raspadskaya into a major player in the Russian coal sector, contributing to Russia's modern coal mining infrastructure.

The Full Dossier

Early Life

Gennady Ivanovich Kozovoy was born on January 5, 1951, in Cheremkhovo, Irkutsk region, Russia. He graduated from the Cheremkhovo mountain technical school in 1970. He furthered his education and graduated from the Irkutsk Polytechnical Institute in 1978 with a degree in "Electrification and automation of mining operations."

Rise to Success

Kozovoy's career began in 1970, working as an underground electrician at Mine No. 3 of the Cheremkhovougol trust. He steadily advanced, holding positions such as electrician at the Raspadskaya mine, deputy chief of preparatory work, chief of the tunneling block, and deputy chief engineer. In 1991, he became the acting chairman of the supervisory board of Raspadskaya Ltd. In 1993, he became the CEO of Raspadskaya Ltd, a key moment in his career.

Key Business Strategies

Kozovoy's leadership was instrumental in privatizing Raspadskaya and modernizing the enterprise. He oversaw the company's growth into one of Russia's largest coal producers. A significant strategy involved selling a portion of Raspadskaya to EvrazHolding and later preparing Raspadskaya for an IPO, underscoring his business acumen. He has been recognized for his contributions to the coal industry, receiving several awards and accolades.

Philanthropy

While specific details on his philanthropic initiatives are not available, it is known that he has contributed to various causes.

Career Timeline

1993

CEO

Became CEO of Raspadskaya Ltd.

1991

Chairman of Supervisory Board

Became acting chairman of the supervisory board of Raspadskaya Ltd.

1978

Engineer

Worked as an electrician at Raspadskaya mine and rose through the ranks to chief engineer.

1970

Underground Electrician

Began his career at mine No. 3 of Cheremkhovougol trust.

Philanthropic Impact

UnknownUndisclosed

Not Available

Details are not available.

Wealth Trajectory