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Billionaire Profile
Andrei Kosogov
Global Rank
#2756

Image: Photoblag | CC BY-SA 4.0 | via Wikimedia Commons

Andrei Kosogov

CEO, Banking
RUSSIA
Real-Time Net Worth
$1.412B
Estimated based on Banking stock value as of April 20, 2026
-0.26% (24h)
Age
65
Source
Banking
Industry
finance-investments
Citizenship
RUSSIA

Biography

Andrei Kosogov, born on March 15, 1961, is a prominent Russian businessman with a net worth estimated at $1.4 billion. His wealth stems primarily from his involvement in Banking and investments, particularly through his significant shareholdings in Alfa Group and his role as a co-founder of LetterOne, an international investment firm. Kosogov's career began in 1992 when he joined Alfa Group, later heading the investment block at Alfa-Bank. He has consistently supported philanthropic causes, including children's hospitals and programs for elderly scientists. Kosogov's influence extends across various sectors including banking, telecommunications, and energy.

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

Wealth Over Time

In-Depth Profile

Early Life and Education

Andrei Kosogov was born on March 15, 1961, in Sillamäe, Estonia (then part of the Soviet Union). He graduated from the Moscow Power Engineering Institute in 1987 with a degree in thermal physics. He also holds an MBA from Harvard Business School. Kosogov's early career involved working in a small research and production enterprise at MPEI.

Rise to Success

Kosogov's career took a significant turn in 1992 when he joined Alfa Group. He oversaw the establishment of a privatization investment fund. From 1999 to 2005, he served as the First Deputy Chairman of Alfa-Bank, heading its investment block. He played a key role in the growth and success of Alfa Group Consortium and its subsidiaries.

Key Business Strategies

His key business strategies involved managing Alfa Capital and investment divisions, and co-founding LetterOne in 2013. Through LetterOne, he invested in oil and gas, cellular companies, and retail. He also oversaw the expansion of VimpelCom into one of the world's largest integrated telecommunications companies.

Philanthropy

Kosogov is actively involved in private philanthropy, including supporting a hospital for children with cerebral palsy since 1996 and programs for elderly scientists. He received Russia's Medal of Honour for his charitable work.

Career Milestones

1992

Joined Alfa Group

Oversaw the establishment of a privatization investment fund.

1999

First Deputy Chairman of Alfa-Bank

Headed the investment block.

2013

Cofounded LetterOne

Co-founded international investment firm.

Philanthropy & Social Impact

Healthcare

Support for Children's Hospital

Undisclosed

Continuous support for a hospital for children with diseases of the central nervous system.

Science

Support for Elderly Scientists

Undisclosed

Individual participant in a program to support elderly Russian scientists.

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