Andrei Kozitsyn Net Worth $1.2 Billion
Andre Kozitsyn is the General Director of the Ural Mining and Metallurgical Company (UMCC) and he’s an estimated net worth of $1.2 billion as of March 2013. Based on Forbes, Kozitsyn is the 85th wealthiest man in Russia and 1175th in the world together with his estimated net worth of $1.2 billion. He acquired his net worth when he went to work as a mechanic in 1979 for Uralelectromed. The business alter became the primary factory of UMCC where he served as the general director from 1995 to 2002. Irrespective of mining and metals, UMCC also has interests in managing agricultural, building, and telecom companies in the Urals. It won over Norilsk Nickel in May 2012 to earn the privilege to develop the third biggest copper and nickel field in Russia situated in Voronezh oblast. The firm still plans to spend more than $2 billion in building an ore-processing plant in the region. Andrei Kozitsyn is the closest business associate of fellow billionaire Iskander Makhmudov who has helped him develop holdings in Urals mining and metallurgy. After big opposition demonstration in Moscow, on January 30, 2012, more than 1000 UMCC employees demonstrated in Ekaterinburg in support of Vladimir Putin.