The Ledger / Alexander Abramov
Alexander Abramov
◼ Origin
Alexander Abramov (born 1959) built his fortune through post-Soviet metals trading in the 1990s, co-founding Evraz by acquiring distressed Russian steel assets. His stake of approximately 19% in Evraz, one of Russia's largest vertically integrated steel and mining companies, forms the basis of his $6B net worth. He resigned from the Evraz board in March 2022 following Russia's invasion of Ukraine.
◼ Self-Made Verdict — YES
Built wealth through post-Soviet metals trading and co-founding Evraz from the ground up, with no documented inherited capital base.
◼ Documented marks
01
Co-founded Evraz plc, a London-listed Russian steel giant with operations in Russia, the US, Canada, Czech Republic, and Kazakhstan.
02
Co-founded Evraz plc, a London-listed Russian steel giant with operations in Russia, the US, Canada, Czech Republic, and Kazakhstan.
03
Resigned from Evraz board in March 2022 following Russia's invasion of Ukraine.
04
Resigned from Evraz board in March 2022 following Russia's invasion of Ukraine.
05
Sanctioned by the UK (May 2022), Australia (April 2022), and New Zealand for supporting the Russian government's economy and military capabilities.
06
Sanctioned by the UK (May 2022), Australia (April 2022), and New Zealand for supporting the Russian government's economy and military capabilities.
07
Evraz shares were suspended from LSE trading under UK sanctions; EY resigned as auditor.
08
Evraz shares were suspended from LSE trading under UK sanctions; EY resigned as auditor.
09
Lost an Australian Federal Court appeal in 2022 to have sanctions lifted; court upheld re-designation.
10
Lost an Australian Federal Court appeal in 2022 to have sanctions lifted; court upheld re-designation.
No inheritance, or primary accounts documented for this billionaire yet.
◼ List of charges
Total sentence
0–0 years
That is
0.0–0.0 life sentences
(using 78 years as one life)
These are moral charges, not legal ones. The actual legal system has not — and will not — bring them.
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