What is Andrei Bokarev's Net Worth?
Andrei Bokarev is a prominent Russian businessman with a net worth of $1.7 billion. Joining the ranks of billionaires in 2013, Bokarev is the head of Transmashholding, one of Russia's largest machine-building companies. Transmashholding specializes in producing rolling stock for railways and subway systems.
Early Career
In 1998, two years after graduating from the Moscow Finance Institute, Bokarev met Iskander Makhmudov, who would become his long-term business partner. Makhmudov offered Bokarev the opportunity to lead Krutredag, a company managing the export operations of the Kuzbassrazrezugol coal company. Since then, Bokarev has been a minority partner in several of Makhmudov's projects.
Business Ventures
Among the notable ventures Bokarev is involved in are the freight railway operator Transgroup and Aeroexpress, which operates passenger railway services in the Moscow region. His business acumen and strategic partnerships have solidified his position in the industry.
Personal Interests
A keen enthusiast of skiing, Bokarev holds the position of President of the Russian Ski Sports Association and the Freestyle Federation of Russia. His leadership roles in these organizations highlight his commitment to promoting winter sports in the country.