BillionaireNet
Altushkin
Igor Altushkin
Rank #1386
RUSSIAMetals & MiningMetals

Igor Altushkin

Net Worth
$2.89B
0% (24h)
Igor Altushkin is a prominent Russian entrepreneur, and founder of the Russian Copper Company (RCC), Russia's third-largest copper producer. He began his career in the early 1990s as a scrap metal trader, quickly establishing himself in the metals industry. With a net worth of $2.9 billion as of December 2025, Altushkin has demonstrated significant business acumen and strategic vision. Beyond his business ventures, he is known for his philanthropic contributions, particularly to the Russian Orthodox Church. He has also been awarded the Order of Friendship by Vladimir Putin.

The Full Dossier

Early Life

Igor Alekseyevich Altushkin was born on September 10, 1970, in Sverdlovsk (now Yekaterinburg), Russia. His journey in the business world began in the early 1990s.

Rise to Success

Altushkin started his career as a scrap metal trader. In 1992, he founded the company "Aeron," which was involved in the collection and processing of non-ferrous metal scrap. In 1997, he established "Uralelectromed-Vortsvetmet," which became the main supplier of scrap and copper for the Ural Mining and Metallurgical Company (UGMK). In 2004, Altushkin founded the Russian Copper Company (RCC), which has since become the third-largest copper producer in Russia.

Key Business Strategies

Altushkin's key business strategy involved focusing on the metals industry, specifically copper production. Under his leadership, RCC has implemented several unique projects and become a leading copper producer. He has also invested in expanding and modernizing the company's infrastructure.

Philanthropy

Altushkin is known for his philanthropic activities. He is a key supporter of the Russian Orthodox Church, funding the construction and restoration of numerous churches. He is the founder of the RMK Charitable Foundation. In 2020, Altushkin spent 718 million rubles fighting the COVID-19 pandemic. He is also involved with supporting children and providing hearing restoration devices, and has supported over 100,000 people.

Career Timeline

2017

Awarded Order of Friendship

Received the Order of Friendship from Vladimir Putin in recognition of his contributions.

2004

Founder of Russian Copper Company (RCC)

Founded the Russian Copper Company (RCC), which became one of Russia's leading copper producers.

1997

Founder of Uralelectromed-Vortsvetmet

Established Uralelectromed-Vortsvetmet, which became a major supplier of scrap and copper to UGMK.

1992

Founder of Aeron

Founded Aeron, a company involved in collecting and processing non-ferrous metal scrap.

Philanthropic Impact

ReligiousUndisclosed

Support for Russian Orthodox Church

Financial support for the construction and restoration of numerous churches.

PhilanthropicUndisclosed

RMK Charitable Foundation

Founded the RMK Charitable Foundation

Healthcare$10.6M

COVID-19 Relief

Spent 718 million rubles on fighting the COVID-19 pandemic in 2020.

Wealth Trajectory