Alexander Abramov is the owner of the yacht Titan.
Abramov is Chairman and shareholder of Evraz, one of the largest steel producers in the world. Abramov founded EvrazMetall in 1992, he still owns 21.09% of the shares in Evraz
Evraz is active in steel, mining and vanadium. EVRAZ is one of the largest steel producers in the world. The Evraz group is listed on the London Stock Exchange and has some 80 000 employees.
Evraz is also active in mining, for a large part to fulfill its own ore and energy needs. And Evraz is one of the world leaders in the production of vanadium.
Vanadium is used as a steel additive, which considerably increases the strength of steel.
The net worth of Alexander Abramov is estimated at US$ 5.7 billion (May 2018). His 302 million shares (21.09% of the share capital) have a value of around US$ 1.2 billion. (December 2017).
He is paid an annual salary of US$ 780.000. Abramov owns his shares through a Cyprus based company named Lanebrook Ltd. This company actually owns 63% of Evraz’ shares.
Other shareholders of Lanebrook are Roman Abramovich, Eugene Shvidler and Evraz’ CEO Alexander Frolov. In the last 5-
Abramov is also shareholder in Norilsk Nickel, the world's largest producer of palladium and one of the largest producers of Nickel, platinum and copper.
Abramov, again together with Roman Abramovich and Alexander Frolov owns there shares through a company named Crispian Investments Limited.
Crispian owns 6% of the shares in Norilsk Nickel, so Abramov will probably own 2%, with a value of US$ 500 million.
Alexander Abramov owns an Airbus A319 private jet, with registration D-
She has 2 bedrooms with a private washroom each. Her range is 5,600 nm or 10,400 km. The jet is managed by K5 Aviation in Germany.
Alexander Abramov House
Abramov is the owner of the Helena Bay Resort in New Zealand. The resort started as a private residence for Abramov, but was developed in to a lodge.
The house was is considered to be the most expensive residential property in New Zealand with a value of US$ 50 million. A US$ 1 million pathway and jetty was created so Mr. Abramov’s yacht can berth at the property.
Abramov’s yacht is named Titan. She was built by Abeking and Rasmussen as build number 6483 and delivered in 2011. Titan can accommodate 14 guests and has a crew of 19.
Her interior is designed by Raymond Langton Design. Powered by two Caterpillar engines, Titan can reach a top speed of 16 knots. Abramov previously owned the yacht Triple Seven
The yacht Triple Seven was built in 2006 by Nobiskrug, as part of five yachts ordered by the Reuben Brothers (Triple Seven, Siren, Sapphire, Graffiti and Mogambo). They sold all except Siren. Triple Seven can accommodate 12 guests and has a crew of 16. In 2013 Triple Seven was sold.
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