Billionaire Profile
Andrei Kozitsyn
Global Rank
#830

Image: ООО "УГМК-Холдинг" | CC BY-SA 4.0 | via Wikimedia Commons

Andrei Kozitsyn

CEO, Metals
RUSSIA
Real-Time Net Worth
$5.21B
Estimated based on Metals stock value as of April 20, 2026
0% (24h)
Age
65
Source
Metals
Industry
Metals & Mining
Citizenship
RUSSIA

Biography

Andrei Kozitsyn is a prominent Russian billionaire with an estimated net worth of $5.2 billion as of 2024. He is primarily known for his involvement in the metals industry and his leadership role at Ural Mining and Metallurgical Company (UMMC), where he served as CEO until July 2022. Kozitsyn's wealth source is primarily from metals and mining. His career began as a mechanic, and through hard work, he rose through the ranks to become a major figure in the industry. He is also recognized for his philanthropic efforts, supporting regional sports and various charitable initiatives.

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

Wealth Over Time

In-Depth Profile

Early Life

Andrei Anatolyevich Kozitsyn was born in 1960 in Verkhnyaya Pyshma, a city located in the Ural Mountains region of Russia. Growing up in Verkhnyaya Pyshma, Kozitsyn developed a strong connection to the region that would later shape his career and philanthropic endeavors. He holds a Master of Science in Engineering from Ural Polytechnic Institute.

Rise to Success

Kozitsyn's career journey began as a mechanic at Uralelectromed. Through hard work and dedication, he rose through the ranks and eventually served as the General Director of Uralelectromed from 1995 to 2002. In the late 1990s, Kozitsyn co-founded UMMC with his close associate Iskander Makhmudov. UMMC quickly emerged as a leading player in the mining and metallurgical industry, becoming one of the largest copper producers in Russia. Kozitsyn was appointed as the General Director of UMMC in 2002 and played a pivotal role in shaping the company's success. He served as CEO until July 2022. As of 2017, Kozitsyn owned a significant 35% stake in UMMC.

Key Business Strategies

Under Kozitsyn's leadership, UMMC has achieved remarkable growth and success, becoming a global leader in the mining and metallurgical industry. His business ventures also extended beyond UMMC, co-owning various companies in the Ural region with Iskander Makhmudov, spanning diverse industries.

Philanthropy

Kozitsyn is actively involved in philanthropy and community work. He is the president of the charity Children of Russia and of the UMMC basketball club and also supports regional sports. Kozitsyn has been recognized for his philanthropic efforts with several prestigious awards.

Career Milestones

1995

General Director of Uralelectromed

Appointed General Director of Uralelectromed, a prominent industrial company in the Urals.

1995

General Director of UMMC

Became General Director of Ural Mining and Metallurgical Company (UMMC).

2002

General Director of UMMC-Holding

Appointed General Director of UMMC-Holding.

2016

President of KHL hockey club Automobilist

Became the president of KHL hockey club Automobilist.

2022

Stepped down as CEO of UMMC

Stepped down as CEO of UMMC in July.

Philanthropy & Social Impact

Charity

Children of Russia

Undisclosed

President of the Children of Russia charity.

Sports

UMMC basketball club

Undisclosed

President of the UMMC basketball club.

Controversies & Challenges

2022

EU Sanctions

Subjected to sanctions by the European Union in July due to the Russian invasion of Ukraine.