Iskander Makhmudov
Encyclopedia
Iskander Makhmudov is an Uzbek
Uzbeks
The Uzbeks are a Turkic ethnic group in Central Asia. They comprise the majority population of Uzbekistan, and large populations can also be found in Afghanistan, Tajikstan, Kyrgyzstan, Turkmenistan, Kazakhstan, Russia, Pakistan, Mongolia and the Xinjiang Uyghur Autonomous Region of China...

 businessman based in Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

.
Name: Iskander Makhmudov
Born: 1963 
Country Of Citizenship: Uzbekistan
Uzbekistan
Uzbekistan , officially the Republic of Uzbekistan is a doubly landlocked country in Central Asia and one of the six independent Turkic states. It shares borders with Kazakhstan to the west and to the north, Kyrgyzstan and Tajikistan to the east, and Afghanistan and Turkmenistan to the south....

, Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

Occupation: Businessman
Net worth: $11.9 billion
Industry: Mining/Lumber
Source: Mining
Mining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...

, Metals, Lumber
Lumber
Lumber or timber is wood in any of its stages from felling through readiness for use as structural material for construction, or wood pulp for paper production....

Marital Status:: Married, 1 child

Overview

Iskander one of the most mysterious Uzbek
Uzbeks
The Uzbeks are a Turkic ethnic group in Central Asia. They comprise the majority population of Uzbekistan, and large populations can also be found in Afghanistan, Tajikstan, Kyrgyzstan, Turkmenistan, Kazakhstan, Russia, Pakistan, Mongolia and the Xinjiang Uyghur Autonomous Region of China...

 businessmen. He was born in Bukhara
Bukhara
Bukhara , from the Soghdian βuxārak , is the capital of the Bukhara Province of Uzbekistan. The nation's fifth-largest city, it has a population of 263,400 . The region around Bukhara has been inhabited for at least five millennia, and the city has existed for half that time...

, lived in Tashkent
Tashkent
Tashkent is the capital of Uzbekistan and of the Tashkent Province. The officially registered population of the city in 2008 was about 2.2 million. Unofficial sources estimate the actual population may be as much as 4.45 million.-Early Islamic History:...

 and graduated from the local university with a degree in Oriental studies. He then worked in different Soviet military organizations in Libya
Libya
Libya is an African country in the Maghreb region of North Africa bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south, and Algeria and Tunisia to the west....

 and Iraq
Iraq
Iraq ; officially the Republic of Iraq is a country in Western Asia spanning most of the northwestern end of the Zagros mountain range, the eastern part of the Syrian Desert and the northern part of the Arabian Desert....

 where he could use his Arabic skills. His first steps as a businessman were with the Chernoys and Reuben brothers and their Trans-World Group, once the largest metal trader in Russia. Now Makhmudov is the main owner of Uralskaya Gorno-Metallurgicheskaya Kompaniya (UGMK) Holding. This is the fourth largest non-ferrous metallurgical company in Russia, Russia's second-largest copper producer in terms of output. With his partner Makhmudov also acquired a 50% stake in Izdatelskiy Dom Rodionova (Rodionov Publishing House), which publishes the Russian version of BusinessWeek.

According to Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

 Magazine, Iskander Makhmudov is the 15th richest businessman in Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

and the 86th richest businessman in the world.

Personal Record

He keeps a low profile and is as non-transparent as the coal mined by Kuzbassrazrezugol where he holds a major stake. Makhmudov’s main asset is the Urals Mining and Processing Works.

External links

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