Alexander Abramov is a Russian tycoon, who has an estimated net worth of $4.6 billion. He is a business partner to Roman Abramovich, with whom he co-owns a steel company known as Evraz. Abramov is currently ranked as the 26th richest Person in Russia and the 272nd richest person in the world. He holds a Ph.D. in Mathematics and Physics from the Moscow Institute of Physics and Technology.
Abramov has roughly $3 billion in cash that he can use to invest, including the money he earned from selling an energy infrastructure firm, Enegostroyinvest, in the end of the year 2012. Some of his successes in the 90s include establishing the firm Evraz, where he exported coal and metals from rural Siberia in 1992. In 1998 after the Russian financial crisis, Abramov bought unstable steel companies at a low cost including Claymont Steel and Oregon Steel firms in U.S.A.
The former scientist opted to be an industrial magnate heading the Evraz Holding, a vertically integrated multinational steel-making and mining company. It has operations in Russia as well as in Italy, Czech Republic, United States, South Africa and Canada. He began accumulating his current wealth as the Chairman of the firm after replacing his co-founder Alexander Frolov in late 2008. This self-made billionaire is married with three children.