Billionaire Profile
Alexander Mamut & family
Global Rank
#2867

Image: Unsplash Contributor | Unsplash License | via Unsplash

Alexander Mamut & family

CEO, Investments
RUSSIA
Real-Time Net Worth
$1.213B
Estimated based on Investments stock value as of March 6, 2026
0% (24h)
Age
66
Source
Investments
Industry
finance-investments
Citizenship
RUSSIA

Biography

Alexander Mamut, a Russian-Israeli billionaire and investor, born January 29, 1960, has built a diverse portfolio through strategic investments. His career, which began in law, led him to co-founding significant enterprises like the Imperial Bank and ALM-Consulting. Mamut's source of wealth is primarily from investments, spanning sectors like media, retail, finance, and real estate. His net worth is estimated at $1.3 billion as of 2024. His career highlights include roles as an advisor to Boris Yeltsin and involvement in major acquisitions, impacting the Russian economy significantly.

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

Wealth Over Time

In-Depth Profile

Early Life and Education

Alexander Leonidovich Mamut was born on January 29, 1960, in Moscow, Russia. He graduated from Moscow gymnasium #17 in 1977. His father was a lawyer and one of the authors of the Russian Constitution, and his mother was a defense attorney. Mamut graduated from Moscow State University with a law degree in 1982.

Rise to Success

Mamut's career began as a legal advisor. In 1990, he co-founded the "Business and Cooperation" Bank, later renamed Commercial Bank "Imperial." He established the law firm ALM-Consulting in the same year, serving as Managing Partner until 1993. Over the years, Mamut has been involved in many business ventures, including investments in banking, insurance, media, and retail. He gained prominence as an advisor to Boris Yeltsin.

Key Business Strategies

Mamut has been known for buying and reselling assets, often taking minority stakes in various companies. His investments have spanned diverse sectors, including retail, finance, media, and real estate. He was involved in the acquisition of the Euroset mobile phone chain and later sold a significant stake. He acquired the UK bookstore chain Waterstones. He was also involved with various media properties, including LiveJournal Russia, Lenta.ru, and Rambler&Co.

Philanthropy

Mamut has been involved in philanthropic endeavors, including the Strelka Institute for Media, Architecture and Design.

Career Milestones

1990

Co-founded Business and Cooperation Bank

Mamut co-founded the bank, which later became Commercial Bank Imperial.

1991

Founded ALM-Consulting

Mamut established the law firm ALM-Consulting and served as Managing Partner.

1990s

Advisor to Boris Yeltsin

Served as an advisor to the Russian government under Boris Yeltsin.

2007

Acquired LiveJournal Russia

Mamut's SUP Media acquired LiveJournal Russia.

2011

Acquired Waterstones

Mamut acquired the UK-based bookstore chain through A&NN.

2013

Acquired Lenta.ru

Mamut became the owner of the news website.

2014

Chairman of Rambler&Co.

Mamut became Chairman of the Russian news website.

Philanthropy & Social Impact

Education

Strelka Institute

Undisclosed

Mamut served as the Chairman of the Board of Trustees of the Strelka Institute for Media, Architecture and Design.

Controversies & Challenges

1990s

Money-laundering scandal

Implicated in a money-laundering scandal involving the removal of funds from Russia.

2020

Debt to Trust Bank

Companies associated with Mamut owed 23 billion rubles to Trust Bank.