Who is Alexander Machkevitch?
He is a Kazakh billionaire, with both Israeli and Kazakhstan citizenship. He was born in February 1954. He is married to Larissa. They have 2 children: Alla and Anna. He is Chairman of the Board and shareholder at ENRC.
Eurasian Natural Resources
Machkevitch is co-founder, together with Alijan Ibragimov and Patokh Chodiev of the Eurasian Natural Resources Corporation or ENRC. ENRC is a natural resources company with activities in mining, metals, and energy.
The company is one of the world’s largest ferrochrome producers. Ferrochrome is an alloy of iron and chromium and is used in the production of stainless steel.
The company also owns large iron ore, copper, and cobalt mines and ENRC produces almost 20% of Kazakhstan’s electricity needs. The company is stock listed.
In 2019 ENRC realized revenue of US$ 7 billion, with 85,000 employees. Machkevitch owns 15% of the shares. This represents approx. 188.000.000 shares with a total value of around US$ 2 billion.
Alexander Machkevitch Net Worth
Forbes estimates his net worth at US$ 2 billion.
Alexander and his wife Larissa Fadeeva are active philanthropists through their Machkevitch foundation.