Iskander Makhmudov

Iskander Makhmudov

Iskander Makhmudov (#346)

Global Rank #346
Country Rank #16
Country Russia

Iskander Makhmudov is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 10 B
  • Mining, metals, machinery
  • Russia
  • M
  • 62 Years

Snapshot

Quick Facts

Global Rank #346
Country Rank #16
Net Worth $9.7B
Previous Worth $9.7B
Worth Change +$0.0B
Country Russia
Industry Mining, metals, machinery
Age 62 Years
Gender M
Worth As Of May 4, 2026
Residence Moscow, Russia
Citizenship Russia
World Billionaires List Russia Billionaires Mining, metals, machinery

Profile Data

Personal Stats

Age 62
Source Of Wealth Mining, metals, machinery, Self Made
Residence Moscow, Russia
Citizenship Russia
Marital Status Married
Children 1
Education Master of Arts/Science, Tashkent State University
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $9.7B
Current Net Worth $9.7B

Worth as of May 4, 2026

About Me

The Uzbekistan-born Makhmudov was the main owner of copper producer Ural Mining Metallurgical Company (UMMC), which has controlling stakes in more than 40 plants in 11 regions of Russia. In 2022 UMMC press office reported that Makhmudov was no longer the controlling beneficiary of the company and left the board of directors. Forbes still counts the shares as his. Makhmudov is also a non-controlling shareholder in Transmashholding, Russia's largest maker of locomotives and rail equipment. UMMC spent $100 million building the Shayba ice arena for the 2014 Sochi Olympics, which it gave to the Russian government after the games. His business partner Andrei Bokarev, who holds stakes in several of the same companies as Makhmudov, is also a billionaire.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Iskander Makhmudov.

#359
Billionaires (2026)

Insights

Did You Know?

From 1984 to 1988, he worked as an interpreter for a group of Soviet military advisers in Libya and Iraq.

His son Dzhakhangir, who previously worked for Goldman Sachs and Morgan Stanley, is UMMC's Chief Transformation Officer.

Wealth Growth

Net Worth Growth Over Time

Tracking Iskander Makhmudov's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $9.7B (May 4, 2026)

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