Alexander Vladimirovich Frolov Net Worth
| Net Worth | $1.6 billion |
|---|---|
| Salary | N/A |
| Birthdate | N/A |
| Birthplace | N/A |
| Gender | Male |
| Height | N/A |
| Profession | Russian Businessman |
| Nationality | Russian |
Highlights
Alexander Vladimirovich Frolov is a Russian businessman with a net worth of $1.6 billion. He gained his wealth as the CEO of Evraz, a multinational steel and mining company.
Early Life
Alexander Frolov’s early life details, including his birthdate and birthplace, are not widely available.
Career
Alexander Frolov’s career highlights include his role as the CEO of Evraz, where he has been serving since 1998. Evraz, with headquarters in London, operates in several countries, including Russia, Ukraine, Italy, Czech Republic, the United States, Canada, and South Africa. Frolov’s business partner, Alexander Abramov, serves as the chairman of the company.
Despite Evraz witnessing a considerable loss in 2013, where the company’s value decreased by almost two thirds due to falling steel prices and a global steel surplus, Frolov remains a billionaire. He also holds a stake in Highlands Gold Mining, which experienced a decline of 45% last year.
Prior to his role at Evraz, Frolov served as a research fellow at the I.V. Kurchatov Institute of Atomic Energy. He held a doctorate in physics and mathematics during that time.
Personal Life
There is limited information available regarding Alexander Frolov’s personal life.
Net Worth Over Time
Although Evraz and Highlands Gold Mining faced challenges and a decline in value, Alexander Frolov’s net worth has remained substantial. With a net worth of $1.6 billion, Frolov is listed among the world’s wealthiest individuals.
Components of Net Worth
Alexander Frolov’s net worth primarily stems from his position as CEO of Evraz. Additionally, his investment in Highlands Gold Mining contributes to his overall net worth. While specific details regarding the allocation of his wealth are not available, it is known that Frolov holds significant cash reserves amounting to over $1 billion.
All net worths provided in this article are calculated using data drawn from public sources. While efforts are made to ensure the accuracy of the figures, they should be considered as estimates. Corrections and feedback are welcomed.