Iskander Makhmudov

Iskander Kakhramonovich Makhmudov is an Uzbek-born Russian businessman. According to Forbes Magazine, Iskander Makhmudov is the 22nd wealthiest person in Russia. Forbes reported his net worth at $6.9 billion as of 30 April 2019.

  • Iskander Makhmudov is the main owner of copper producer UGMK, which has controlling stakes in more than 300 companies in nine regions of Russia.
  • Makhmudov is also a shareholder in Transmashholding, Russia’s largest maker of locomotives and rail equipment.
  • Born in Bukhara, Uzbekistan, he lived in Tashkent and graduated from a local university with a degree in oriental studies.
  • Billionaire Andrei Bokarev is a minority partner in most of Makhmudov’s projects including Transmashholding.

 

Iskander Makhmudov UGMK