Billionaire Profile
Konstantin Strukov & family
Global Rank
#2082

Image: Public domain | via Wikimedia Commons

Konstantin Strukov & family

CEO, Uzhuralzoloto (UGC)
RU
Real-Time Net Worth
$1.9B
As of December 2025
Age
67
Source
Gold, coal mining
Industry
metals-mining
Citizenship
RU

Biography

Konstantin Strukov, born in 1958, is a prominent Russian businessman whose career spans decades in the metals-mining industry. Starting as a coal miner in 1980, he transitioned to gold mining and later became a top executive, leading to an estimated net worth of $1.9 billion as of December 5, 2025. Strukov's wealth stems from his involvement in gold and coal mining, primarily through his ownership of Uzhuralzoloto (UGC), Russia's third-largest gold producer. His career highlights include restructuring and acquiring key assets of Uzhuralzoloto in 1997, and expanding into coal mining in 2013. He is also a member of the Chelyabinsk Legislative Chamber. However, Strukov currently faces legal challenges, including asset seizures and a potential nationalization of his company.

Wealth Over Time

In-Depth Profile

Early Life and Education

Konstantin Ivanovich Strukov was born on September 10, 1958, in the Orenburg region of Russia. Growing up in a region with rich mining history, he developed an early interest in the field. He pursued higher education at the Magnitogorsk Mining and Metallurgical Institute, graduating in 1980 with a degree in mining engineering.

Rise to Success

Strukov's professional journey began in 1980 at the Karaganda Coal enterprise in Kazakhstan. He quickly rose through the ranks, demonstrating strong leadership abilities. In 1997, Strukov became the General Director of Yuzhuralzoloto (UGC). Under his leadership, UGC experienced significant growth, increasing production and modernizing its processing technologies. Strukov's strategic investments and ability to identify opportunities were crucial to the company's success.

Key Business Strategies

Strukov's leadership at Uzhuralzoloto was marked by several key strategies. He focused on expanding ore production, developing new deposits, and integrating innovative technologies. He invested in sustainable mining practices and community engagement, earning him respect within the industry. Strukov also expanded into the coal industry, becoming the General Director of JSC "Chelyabinsk Coal" and later the General Director of JSC "Chelyabinsk Coal Company".

Philanthropy

Beyond his business ventures, Strukov has been involved in philanthropic initiatives, particularly in education and healthcare. He has supported educational programs, environmental conservation, and social welfare efforts within the region.

Career Milestones

1980

Began career

Started as a coal miner.

1997

CEO of Uzhuralzoloto

Became head of Uzhuralzoloto.

2000

Legislative Assembly

Elected to the Chelyabinsk Region's legislative assembly.

2013

Coal Mining Investment

Started investing in coal mining.

2024

Dam Collapse

A dam collapse at the Svetlinsky deposit, leading to environmental damage.

Philanthropy & Social Impact

Community Development

Community Support

Undisclosed

Supported educational support, environmental conservation efforts, and social welfare programs.

Business Philosophy & Leadership

Notable Quotes

"It is necessary to build relations in any business in the way that you are always very much in demand by others."

Leadership Principles

Vision and Strategy

Maintains a clear vision and strategic planning for the future, which has helped his companies to remain competitive and sustainable.

Controversies & Challenges

2024

Dam Collapse

A dam collapsed at the Svetlinsky deposit, causing significant environmental damage and a lawsuit.

2025

Asset Seizure

The Russian government is seeking to seize Strukov's stake in Uzhuralzoloto.