Billionaire Profile
Andrei Bokarev
Global Rank
#869

Image: Пресс-служба Президента Российской Федерации | CC BY 4.0 | via Wikimedia Commons

Andrei Bokarev

CEO, Metals
RUSSIA
Real-Time Net Worth
$4.851B
Estimated based on Metals stock value as of March 6, 2026
0% (24h)
Age
59
Source
Metals, mining
Industry
Metals & Mining
Citizenship
RUSSIA

Biography

Andrei Bokarev is a prominent Russian businessman with a current estimated net worth of $3.9 billion as of January 2025. His wealth stems primarily from his ventures in the metals and mining industries. Bokarev's career includes leadership roles at Transmashholding (TMH), Russia's largest producer of rolling stock, and significant involvement in Ural Mining and Metallurgical Company (UMMC). He is known for his partnership with fellow billionaire Iskander Makhmudov. Bokarev's career milestones include heading Krutrade AG and serving as the Chairman of the Board of Directors of Transmashholding.

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

Wealth Over Time

In-Depth Profile

Early Life and Education

Andrei Removich Bokarev was born in Moscow, Russia, on October 23, 1966. He graduated from the Moscow Institute of Finance in 1990.

Rise to Success

Bokarev's professional career began in 1998 when he became involved in Krutrade AG, managing export operations for the Kuzbassrazrezugol coal company. He has been a key partner in projects with Iskander Makhmudov, including Transmashholding (TMH), which is Russia's largest producer of rolling stock for railways and subway systems. Bokarev served as the president of Transmashholding until 2022. He has held significant positions in Ural Mining and Metallurgical Company (UMMC). Bokarev was also a co-owner of the Kalashnikov Concern, a manufacturer of small arms, until 2017.

Key Business Strategies

Bokarev's business strategy has focused on strategic partnerships and investments in key sectors of the Russian economy. His collaboration with Iskander Makhmudov has been central to his success.

Philanthropy

While specific amounts are difficult to determine, Bokarev has been involved in supporting various initiatives, including the construction of the Shayba ice arena for the Sochi Olympics, which was later given to the government.

Career Milestones

1998

Joined Krutrade AG

Managed the export operations of the Kuzbassrazrezugol coal company

2000

Board of Directors of UMMC

Became a member of the Board of Directors of Ural Mining and Metallurgical Company

2008

President of Transmashholding

Appointed Chairman of the Board of ZAO "Transmashholding"

2014

Co-owner of Kalashnikov

Became a co-owner of the Kalashnikov Concern

Philanthropy & Social Impact

Sports

Sochi Olympics Ice Arena

Undisclosed

Contributed to the construction of the Shayba ice arena for the Sochi Olympics

Controversies & Challenges

2023

U.S. Sanctions

Sanctioned by the U.S. Treasury Department for allegedly profiting from Russia's invasion of Ukraine

2022

UK Sanctions

Subject to personal sanctions by the United Kingdom

2023

EU Sanctions

Hungary vetoed EU sanctions against Bokarev