family

Rank #2073

RUSSIA•Finance & Investments•Gold, coal mining

Konstantin Strukov & family

Net Worth

$1.858B

0% (24h)

Konstantin Strukov, a prominent figure in the Russian mining industry, transitioned from a coal miner to a billionaire through his strategic leadership and vision. His wealth stems primarily from gold and coal mining operations. Strukov's career began in the 1980s, evolving into gold mining and eventually leading him to establish Yuzhuralzoloto, one of Russia's leading gold producers. His achievements include transforming a struggling enterprise into a frontrunner in the industry, incorporating cutting-edge technologies and sustainable practices. Strukov is also known for his involvement in regional politics, serving as a deputy in the Chelyabinsk Legislative Assembly. As of late 2024, his net worth was estimated at $1.9 billion.

The Full Dossier

Early Life and Education

Konstantin Ivanovich Strukov was born in 1958 in the Orenburg region of Russia. He pursued a degree in mining engineering from the Magnitogorsk Mining and Metallurgical Institute, which he completed in 1980.

Rise to Success

Strukov's career started in the coal industry, later transitioning into gold mining. In 1997, he became the head of Yuzhuralzoloto, turning around a struggling enterprise through restructuring and strategic acquisitions.

Key Business Strategies

Strukov's strategies included integrating advanced technologies, expanding the company's footprint, and diversifying into coal mining. He increased Yuzhuralzoloto's gold production significantly between 2004 and 2012. In December 2024, Strukov sold 22% of the shares of Yuzhuralzoloto.

Philanthropy

Beyond business, Strukov has been involved in educational support, environmental conservation, and social welfare programs.

Career Timeline

2023

IPO for Yuzhuralzoloto on Moscow Exchange

The company went public on the Moscow Exchange.

2013

Invested in Coal Mining

Began investing in coal mining, expanding business interests.

1997

Headed Yuzhuralzoloto

Became the head of Yuzhuralzoloto, restructuring the company.

1993

Moved to Russia and Started Copper Mining

Relocated to Russia and began copper mining operations.

1980

Began Career in Coal Mining

Started as a coal miner, gaining experience in the mining industry.

Philanthropic Impact

EducationUndisclosed

Educational Support

Supported educational programs within the region.

EnvironmentUndisclosed

Environmental Conservation

Contributed to environmental conservation efforts.

Social WelfareUndisclosed

Social Welfare Programs

Supported various social welfare programs.