Billionaire Profile
Alexander Mamut & family
Global Rank
#3066

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 April 20, 2026
0% (24h)
Age
66
Source
Investments
Industry
finance-investments
Citizenship
RUSSIA

Biography

Alexander Mamut is a Russian-Israeli billionaire, investor, and former banker with an estimated net worth of $1.2 billion as of 2024. Born in Moscow in 1960, he has built his wealth through diverse investments, including finance, media, and entertainment. Mamut's career began in law, followed by co-founding the Business and Cooperation Bank (later Imperial Bank). He later served as chairman of MDM Bank. His investments have spanned various sectors, including media (Rambler & Co), retail (Euroset, Waterstones), and mining (Polymetal International). He is known for his close ties to Boris Yeltsin's administration and is currently a resident of Tel Aviv, Israel.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Alexander Leonidovich Mamut was born on January 29, 1960, in Moscow, into a Jewish family of lawyers. He graduated from Moscow State University's Faculty of Law in 1982. His upbringing in a legal and academic environment influenced his career path, leading him to law and then into the business world during the post-Soviet era.

Rise to Success

Mamut's career started as a legal advisor, then he co-founded the Business and Cooperation Bank in 1990, later renamed Imperial Bank. He served as the Chairman of MDM Bank from 1999 to 2002. Mamut was also involved in various investment ventures, including Troika Dialog, and acquired stakes in companies like Euroset and Seventh Continent. He made substantial investments in media, acquiring and leading Rambler & Co, and also made international investments, including the British bookstore chain Waterstones.

Key Business Strategies

Mamut expanded his portfolio through A&NN Investments, acquiring assets in entertainment, retail, and telecommunications. He strategically invested in various sectors like media, retail, finance, and real estate, often taking minority stakes or full ownership before potential divestments.

Philanthropy

Details about Mamut's philanthropy are difficult to find with exact figures, but he made notable charitable contributions.

Career Milestones

1982

Graduated from Moscow State University, Faculty of Law

Obtained a law degree.

1990

Co-founded Business and Cooperation Bank

Started his venture in banking and finance.

1990

Founded ALM Consulting

Established a law firm.

1999-2002

Chairman of MDM Bank

Served as chairman of the bank.

2011

Acquired Waterstones

Invested in the British bookstore chain.

2014

CEO of Rambler & Co

Became CEO of the Russian news website.

Philanthropy & Social Impact

Education

Grants to Eton College

$0.2B

Made grants to Eton College.

Business Philosophy & Leadership

Notable Quotes

""Do not fear the future.""

Leadership Principles

Avoid Cheating

Stresses the importance of ethical conduct in business.

Building Relationships

Highlights the importance of fostering relationships and making friends in business.

Controversies & Challenges

1990s

Money-laundering scandal

Implicated in a money-laundering scandal.

2017

Financial troubles with Otkritie Bank

Faced scrutiny over the collapse of Otkritie Bank, in which he was a major shareholder.