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Billionaire Profile
Alexander Frolov
Global Rank
#1636

Image: Ivan Makarov | CC BY 3.0 | via Wikimedia Commons

Alexander Frolov

CEO, Mining
RUSSIA
Real-Time Net Worth
$2.518B
Estimated based on Mining stock value as of March 6, 2026
0% (24h)
Age
61
Source
Mining, steel
Industry
Metals & Mining
Citizenship
RUSSIA

Biography

Alexander Vladimirovich Frolov, born on May 17, 1964, is a prominent Russian businessman. He is primarily known for his significant role in the mining and steel industries. Frolov graduated with honors from the Moscow Institute of Physics and Technology. His career highlights include serving as the CEO of Evraz, a major steel producer, from 2007 to 2021, and leading the consolidation of its coal subsidiaries under PJSC Raspadskaya, making it the largest Russian producer of coking coal. His estimated net worth is $2.6 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Aleksandr Vladimirovich Frolov was born on May 17, 1964. There is no readily available information about his early childhood.

Rise to Success

Frolov graduated with honors from the Department of Molecular and Chemical Physics of the Moscow Institute of Physics and Technology in 1987. He earned a Ph.D. in physics and mathematics from the same institution in 1991. Frolov began his career as a research fellow at the I.V. Kurchatov Institute of Atomic Energy in Moscow. He transitioned to entrepreneurship in 1994.

Frolov's career took a significant turn when he became the CEO of Evraz, one of the largest steel producers, from 2007 until September 2021. During his tenure, Evraz's coal subsidiaries were consolidated under PJSC Raspadskaya in 2020, thereby establishing it as the foremost Russian producer of coking coal.

Key Business Strategies

As CEO of Evraz, Frolov played a key role in managing the company's debt burden.

Philanthropy

Frolov is known for his philanthropic activities and has supported various educational and cultural institutions.

Career Milestones

1987

Graduated

Graduated with honors from the Department of Molecular and Chemical Physics of the Moscow Institute of Physics and Technology.

1991

Ph.D.

Received a Ph.D. in physics and mathematics from the Moscow Institute of Physics and Technology.

1994

Entrepreneur

Became an entrepreneur.

2007-2021

CEO of Evraz

Served as CEO of Evraz.

Philanthropy & Social Impact

Cultural Support

Valaam Spaso-Preobrazhensky Monastery

Undisclosed

Frolov was one of the sponsors of the restoration project of the Valaam Spaso-Preobrazhensky Monastery.

Controversies & Challenges

2022

Sanctions

Sanctioned by the UK government in relation to the Russo-Ukrainian War.

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