Andrei Kosogov Net Worth $1.5 Billion
Andrei Kosogov is the Chairman of the Board of Altimo and he has an estimated net worth of $1.5 billion as of March 2013 according to Forbes. He is the 66th wealthiest man in Russia and 974th in the world. Produced Andrei Nikolayevich Kosogov on March 15, 1961 in Estonia, he earned his Bachelor of Science in Engineering degree from the Moscow Power Engineering Institute. Kosogov has collected his estimated net worth since he served as commercial director in a small firm founded with the help of the institute. Kosogov was hired by Alfa Group in 1992 to manage the establishment of a privatization investment fund. After several months, he became the chief executive of Alfa Capital, the fund management company of the group. In 1998, after enlarging Alfa Capital, he was appointed as the first deputy of the chairman of the lender and became responsible for several the bank’s investment funds. In 2011, it united with Egyptian billionaire Naguib Sawiris’ telecom holdings to form Wind Telecom to eventually become the sixth largest telecom company on the planet. A year ago, jointly with AAR partners Viktor Vekselberg and Leonard Blavatnik, Alfa Group consented to sell a 50% in TNK-BP to the state-owned Rosneft oil company for $28 million. He then became $750 million richer in cash.