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Billionaire Profile
Andrei Skoch & family
Global Rank
#585

Image: Unsplash Contributor | Unsplash License | via Unsplash

Andrei Skoch & family

CEO, Metals and mining
RUSSIA
Real-Time Net Worth
$6.828B
Estimated based on Metals and mining stock value as of April 21, 2026
0% (24h)
Age
60
Source
Metals and mining
Industry
Metals & Mining
Citizenship
RUSSIA

Biography

Andrei Skoch, born in 1966, is a Russian billionaire with an estimated net worth of $6.8 billion, primarily from metals and mining. He is a member of the State Duma of the Russian Federation since 1999. Skoch began his career in the late 1980s and later became a partner in the Metalloinvest conglomerate, a major producer of iron ore and steel. Beyond his business ventures, Skoch is known for his extensive philanthropic work through the Pokolenie (Generation) Foundation, supporting various social initiatives. He has faced sanctions from the U.S., EU, and UK.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/21/2026

Wealth Over Time

In-Depth Profile

Early Life

Andrei Vladimirovich Skoch was born on January 30, 1966, in the Moscow region. He served in the Soviet Army in 1984. He studied at the Institute of Physical Culture and Moscow State University for Humanities. Skoch began his career in the late 1980s by starting a bakery.

Rise to Success

Skoch's career progressed through various ventures, including selling computer components and owning fuel distribution companies. In 1995, he joined the investment company "Interfin" and later became a partner in the Metalloinvest conglomerate. He has been a member of the State Duma of the Russian Federation since 1999.

Key Business Strategies

Skoch's business success is linked to his partnership in Metalloinvest, one of the world's largest producers of iron ore and steel. He strategically transferred his shares in USM Holdings to his father to comply with regulations while maintaining his political role.

Philanthropy

Skoch is the founder of the Pokolenie (Generation) Foundation, which supports a wide range of social projects. The foundation supports families, veterans, scientists, and medical facilities and has donated over $117 million.

Career Milestones

1980s

Entrepreneurial Beginnings

Started a bakery and ventured into selling computer components and owning fuel distribution companies.

1995

Joined Interfin

Became involved with the investment company Interfin.

1999

Elected to the State Duma

Became a member of the State Duma of the Russian Federation.

2006

Metalloinvest Partnership

Became a partner in the Metalloinvest conglomerate.

Philanthropy & Social Impact

Social and Cultural

Pokolenie (Generation) Foundation

$117M+

Supports cultural workers, scientists, families, veterans, and medical facilities, and has provided support for the restoration of war monuments.

Healthcare

Construction of Medical Facilities

Significant

Financed medical facilities in the Belgorod Oblast.

Education

Support for Education

Significant

Established awards and scholarships for students and young professionals.

Controversies & Challenges

2018

U.S. Sanctions

Added to the U.S. sanctions list due to alleged ties to organized crime.

2022

EU and UK Sanctions

Subject to EU and UK sanctions for supporting actions undermining Ukraine's territorial integrity.

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