Alexander Abramov biography
First business In the late 1980s he traded in medical equipment. In the 1990s, together with Alexander Frolov (#37), obtained control over three steel mills, on the basis of which the Evraz Mining and Metallurgical Group was created.
Equity stake in Evraz Mining and Metallurgical Group (19.32%).
The deal
In 2021, Abramov and his
Billionaire partners Frolov, Roman Abramovich (#17) and Evgeny Shvidler (#1818 in
Forbes global list) sold a 75% stake in timber producer RFP Group to Japan's Iida Group Holdings. The amount of the deal
Japanese Iida Group Holdings amounted to $525 million, including repayment of debts and investments of $150 million.
Real Estate In New Zealand Abramov owns a villa. According to The New Zealand Herald, its price is $40 million.
Philanthropy Founder of the Foundation for the Development of Innovative Education in the Field of Science. The foundation pays scholarships to gifted students.
Hobbies: fishing, swimming, tennis.
Triple seven (777) yacht, 66.7 m length, estimated cost $40 mln.
Awarded the Order of Friendship and the Order of St. Sergius of Radonezh.