Billionaire Profile
Andrei Kozitsyn
Global Rank
#1191

Image: Public domain | via Wikimedia Commons

Andrei Kozitsyn

CEO, Ural Mining and Metallurgical Company (UMMC)
RU
Real-Time Net Worth
$3.4B
As of December 2025
Age
65
Source
Metals
Industry
metals-mining
Citizenship
RU

Biography

Andrei Kozitsyn, a prominent figure in the Russian metals and mining industry, currently boasts a net worth of $3.4 billion. Born in 1960, Kozitsyn's career began in the Urals, where he rose through the ranks at Uralelectromed before co-founding Ural Mining and Metallurgical Company (UMMC). Under his leadership, UMMC became a global leader, producing significant portions of Russia's copper, zinc, and other metals. Kozitsyn's contributions extend beyond business; he's also a noted philanthropist, supporting regional sports, charity initiatives, and community development. He is known for his commitment to improving the quality of life for workers and residents in the Ural region.

Wealth Over Time

In-Depth Profile

Early Life

Andrei Anatolyevich Kozitsyn was born in Verkhnyaya Pyshma, located in the Ural Mountains region of Russia, in 1960. Growing up in this industrial heartland, he developed a deep connection to the region and an early interest in the mining and metallurgical industries. Kozitsyn holds a master's degree in engineering from the Ural Polytechnic Institute. At the age of 13, Kozitsyn showed his compassionate side when he saved a girl from drowning, earning him a medal.

Rise to Success

Kozitsyn's professional journey began as a mechanic at Uralelectromed, a major industrial company in the Urals. Through dedication and hard work, he advanced through various roles, eventually becoming the General Director of Uralelectromed from 1995 to 2002. In the late 1990s, he co-founded Ural Mining and Metallurgical Company (UMMC) with Iskander Makhmudov. Under Kozitsyn’s leadership, UMMC grew significantly, becoming a leading producer of copper, zinc, coal, and gold, with operations spanning across Russia and several other countries. He served as CEO of UMMC until July 2022.

Key Business Strategies

Kozitsyn's strategic approach focused on operational efficiency and technological advancements. He streamlined operations and invested in modern technologies, which helped reduce costs and boost productivity. Kozitsyn also emphasized sustainability and environmental responsibility. His ability to navigate the complexities of the global market led to UMMC's expansion through partnerships and acquisitions in multiple countries.

Philanthropy

Kozitsyn is also known for his extensive philanthropic work. He is the president of the Children of Russia charity and has supported various community initiatives in the Ural region. He has been recognized for contributions to metallurgy, mining, and charitable activities. Kozitsyn supports education, healthcare, and job training programs. He is also involved in the KHL hockey club Automobilist and has plans to build a new ice arena.

Career Milestones

1995-2002

General Director

Served as General Director of Uralelectromed.

Late 1990s

Co-founded UMMC

Co-founded Ural Mining and Metallurgical Company (UMMC) with Iskander Makhmudov.

2002

General Director of UMMC

Appointed General Director of UMMC.

2022

Left the CEO position

Stepped down as CEO of UMMC in July 2022.

Philanthropy & Social Impact

Charity

Children of Russia

$XB

President of the charity Children of Russia

Sports

Sports Initiatives

$XB

Supports KHL hockey club Automobilist and UMMC basketball club

Controversies & Challenges

2022

EU Sanctions

Subject to EU sanctions due to the Russian invasion of Ukraine.

Andrei Kozitsyn - Net Worth, Age, Bio & Ural Mining and Metallurgical Company (UMMC) Ownership | Leader Portfolio