Alexander Vladimirovich Frolov net worth Wiki, Height, Biography, Wife, Children And Early Life
Alexander Vladimirovich Frolov net worth
Alexander Frolov Net Worth: Alexander Frolov is a Russian businessman with a net worth of $1.6 billion. Alexander Frolov is among the world’s richest men thanks to his position at the multinational steel and mining company Evraz. Since 1998 he has been the CEO of the company, which is headquartered in London, UK and has operations in Russia, Ukraine, Italy, Czech Republic, USA, Canada and South Africa.
As for his partner and billionaire Alexander Abramov, he serves as chairman. However, Evraz experienced considerable losses in 2013, almost two-thirds of its value. This is all due to falling steel prices and a global steel glut. A year ago, Frolov and Abramov decided to sell Energostroyinvest-Holding, a leading energy infrastructure company. In addition to Ervaz, Frolov has a stake in Highlands Gold Mining, which fell 45% last year. Talking about his start, Alexander Frolov first worked as a researcher at the 4th Kurchatov Institute of Atomic Energy, since he had already obtained a doctorate in physics and mathematics. Frolov still has more than $1 billion in cash, enough to stay on the international billionaire list, no matter how Ervaz and Highlands Gold Mining plummet in value.
