Billionaire Profile
Alexander Mamut & family
Global Rank
#2758

Image: Public domain | via Wikimedia Commons

Alexander Mamut & family

CEO, Investments
RU
Real-Time Net Worth
$1.3B
As of December 2025
Age
65
Source
Investments
Industry
finance-investments
Citizenship
RU

Biography

Alexander Mamut, a Russian-Israeli businessman and investor, has built a diverse portfolio through strategic investments. Born in Moscow on January 29, 1960, Mamut, now 65, holds a Master of Laws from Moscow State University. His wealth stems from investments across various sectors, including media, finance, and retail. Mamut's career began as a legal advisor, later co-founding key enterprises. His net worth is estimated at $1.3 billion as of December 5, 2025. He has been involved in significant acquisitions and media ventures, playing a key role in the Russian economy.

Wealth Over Time

In-Depth Profile

Early Life and Education

Alexander Mamut was born in Moscow on January 29, 1960. 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 gymnasium #17 in 1977 and earned a law degree from Moscow State University in 1982.

Rise to Success

Mamut's career started as a legal advisor. In 1990, he co-founded the "Business and Cooperation" Bank. He established the law firm "ALM-Consulting" in the same year, where he served as Managing Partner. He was known for his connections and clients in the Russian business world. Mamut's ventures extended into media with acquisitions like LiveJournal Russia and Waterstones.

Key Business Strategies

Mamut's business strategy included strategic investments across various sectors. He invested in banks, insurance companies, and media outlets. He was a major shareholder in Polymetal International. In 2017, he bought two of Russia's biggest movie chains, Cinema Park and Formula Kino.

Philanthropy

Mamut has supported various cultural and educational initiatives. He has contributed grants to Eton College.

Career Milestones

1990

Founded ALM-Consulting

Established a law firm and served as Managing Partner.

1990

Co-founded "Business and Cooperation" Bank

Co-founded a bank that later became Commercial Bank "Imperial".

2011

Acquired Waterstones

Purchased the UK-based bookstore chain.

2017

Acquired Cinema Park and Formula Kino

Bought two of Russia's biggest movie chains.

2020

Sold Rambler to Sberbank

Sold Rambler to Sberbank.

Philanthropy & Social Impact

Education

Eton College Grants

$0.3B

Made charitable contributions, including grants of £200,000 to Eton College.

Business Philosophy & Leadership

Notable Quotes

"I did not learn anything from other people's mistakes. I was able to learn from someone else's success."