Billionaire Profile
Andrei Kuzyaev
Global Rank
#2902

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Andrei Kuzyaev

CEO, Telecom
RUSSIA
Real-Time Net Worth
$1.315B
Estimated based on Telecom stock value as of April 20, 2026
0% (24h)
Age
60
Source
telecom, oil service, real estate
Industry
Telecom
Citizenship
RUSSIA

Biography

Andrei Kuzyaev, a prominent figure in the Russian business landscape, is a self-made billionaire with a diverse portfolio spanning telecom, oil service, and real estate. His estimated net worth as of March 24, 2026, is $1.3 Billion. Kuzyaev's career has been marked by significant achievements, including leading the Perm Financial and Industrial Group (PFIG) and serving as the president of Lukoil Overseas, the international division of Lukoil. He currently serves as CEO of ER-Telecom Holding CJSC. His journey showcases a remarkable rise from humble beginnings in Perm to the upper echelons of Russian business.

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

Wealth Over Time

In-Depth Profile

Early Life

Andrei Ravelevich Kuzyaev was born on October 6, 1965, in Perm, Russia. His mother worked at a school, and his father was an engineer. During his childhood, he was involved in swimming and boxing. He graduated from Perm State University with a degree in Industrial Planning. He also participated in the construction detachment movement and created a student scientific detachment.

Rise to Success

Kuzyaev's career began after graduating from Perm State University. He started his entrepreneurial journey by creating a small enterprise in 1989. In 1991, he co-founded the Perm Commodity Exchange. His ascent continued as he became the president of Perm Financial and Industrial Group (PFIG). He later served as the General Director of CJSC Lukoil-Perm from 1996 to 2003, and President of Lukoil Overseas from 2000 to 2014. He sold his stake in Lukoil-Perm in 2003. In 2015, Kuzyaev left Lukoil and focused on ER-Telecom. In 2018, he became the general director of ER-Telecom.

Key Business Strategies

Kuzyaev's business acumen is evident in his strategic moves within the telecom, oil service, and real estate sectors. A key strategy was his early involvement in the privatization of Permneft, and his subsequent sale of his stake in Lukoil-Perm. More recently, he has led ER-Telecom through expansion and business transformation, expanding into various Russian regions. He also bought shares in Er-Telecom from the Baring Vostok fund in 2020.

Philanthropy

Details regarding Andrei Kuzyaev's specific philanthropic amounts and initiatives are not readily available in the provided search results. More research would be needed to provide accurate details.

Career Milestones

1991

Co-founded Perm Commodity Exchange

Co-founded the Perm Commodity Exchange, a pivotal move in his early career.

1996-2003

General Director of CJSC Lukoil-Perm

Served as General Director, showcasing his expertise in the oil industry.

2000-2014

President of Lukoil Overseas

Led Lukoil's international projects.

2018

General Director of ER-Telecom

Became the general director of ER-Telecom, starting the process of business transformation.

Philanthropy & Social Impact

Information not available

Information not available

Undisclosed

Specifics on philanthropy are not available.

Controversies & Challenges

2024

Allegations of supporting the Russian military

Kuzyaev's company, Morion, develops and manufactures communications equipment for the Russian defense industry, which has led to calls for sanctions. ER-Telecom also provides broadcasts of Russian propaganda in support of the war against Ukraine.