| Name: | Alexander Machkevitch |
| Net Worth: | $ 2 billion |
| Source of Wealth: | Eurasian Natural Resources Corporation (ENRC) |
| Born: | February 23, 1954 |
| Age: | |
| Country: | Kazakhstan, Israel |
| Wife: | Larissa Fadeeva |
| Children: | Alla Machkevitch, Anna Machkevitch |
| Residence: | Roquebrune Cap Martin, France |
| Private Jet: | Gulfstream G650 (M-AAAL) |
| Yacht | Lady Lara |
Alexander Machkevitch, born in February 1954, is a magnate hailing from Kazakhstan. Holding dual citizenship in both Israel and Kazakhstan, Machkevitch has built an impressive empire as a businessman and is an influential figure in the world of natural resources.
Machkevitch shares his life with his spouse, Larissa, with whom he has two children, Alla Machkevitch and Anna Machkevitch. Together, they form a tight-knit family that has witnessed the ebbs and flows of the business world.
In the corporate world, Machkevitch holds an esteemed position as Chairman of the Board and shareholder at ENRC, the Eurasian Natural Resources Corporation. He co-founded this corporation with fellow businessmen Alijan Ibragimov and Patokh Chodiev. The trio has propelled ENRC to be a major player in the natural resources sector, focusing on mining, metals, and energy.
Among its various activities, ENRC is one of the world’s leading producers of ferrochrome, a critical alloy made of iron and chromium that is essential for manufacturing stainless steel. Besides, ENRC owns expansive iron ore, copper, and cobalt mines and satisfies almost 20% of Kazakhstan’s energy requirements. These multifaceted ventures have helped ENRC to be a significant contributor to Kazakhstan’s economy and gain a position on the stock market.
ENRC, with a workforce of 85,000 employees, achieved a remarkable revenue of US$ 7 billion in 2019. As a testament to his instrumental role in the corporation, Machkevitch holds a 15% stake in ENRC, corresponding to approximately 188,000,000 shares and valued at around US$ 2 billion.
Forbes, a reliable name in financial evaluation, approximates Machkevitch’s net worth to be US$ 2 billion, a testament to his business acumen and strategic investments.
Beyond his business ventures, Alexander and his wife Larissa Fadeeva are avid philanthropists. They have demonstrated their commitment to giving back to society through their Machkevitch Foundation, providing assistance to various causes and making a difference in the lives of many.
forbes.com/alexandermachkevich
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Machkevitch and his family own several houses. He owns a large penthouse in Tel Aviv, and a sea-
He also has residences in London and Switzerland. Machkevitch’s daughter Anna married at her parent’s house in Roquebrune.
Roquebrune-Cap-Martin is a breathtaking coastal gem nestled between Monaco and Menton on the French Riviera. This Mediterranean haven is famous for its picturesque sandy beaches and azure blue waters, captivating the hearts of both locals and tourists alike. Notably, the village of Roquebrune maintains its historical charm with narrow, winding lanes, while Cap Martin is adorned with opulent Belle Époque villas.
With its blend of natural beauty and cultural heritage, Roquebrune-Cap-Martin is the perfect setting for leisurely exploration. Hikers enjoy the panoramic trail around Cap Martin, while history enthusiasts delve into the ancient castle in Roquebrune village. The serene olive grove and exotic garden of Le Corbusier, a renowned architect, add a touch of tranquility.
The town also offers a variety of dining options, from traditional French bistros to upscale restaurants, ensuring a gastronomic delight. Roquebrune-Cap-Martin, with its idyllic setting and vibrant history, is truly a hidden gem on the Côte d’Azur.
He is the owner of the Lurssen motor yacht Lady Lara, which he named after his wife.
The Lady Lara Yacht is a 92-meter motor yacht built by Lurssen in 2015.
Powered by twin MTU engines, she boasts a top speed of 18 knots and a cruising speed of 14 knots.
The yacht’s interior and exterior were designed by Reymond Langton Design, with features such as VIP suites with fold-down balconies and a large beach club.
The Lady Lara can accommodate 18 guests with a crew of 40.
He owns a Gulfstream G650 private jet, with registration M-
Before the G650 he owned a Bombardier Global Express with the same registration.
The Gulfstream G650 is a luxurious, long-range business jet produced by Gulfstream Aerospace. The G650 was first introduced in 2008 and quickly became one of the most sought-after business jets in the world due to its impressive range, speed, and spacious cabin. The G650 has a maximum range of over 7,000 nautical miles, making it capable of flying non-stop from locations such as New York to Hong Kong.
One of the standout features of the G650 is its cabin, which is both spacious and luxurious. With a height of over 6 feet and a width of over 7 feet, the cabin offers ample space for passengers to work, relax, and entertain. The cabin also features a variety of customizable features, including seating arrangements, lighting, and entertainment systems.
In addition to its impressive range and cabin, the G650 is also known for its high cruising speeds. The aircraft is capable of reaching speeds of up to Mach 0.925, making it one of the fastest business jets on the market. This speed, combined with its range, allows the G650 to cover large distances quickly and efficiently.
The last known list price of the Gulfstream G650 was approximately $75 million. This high cost reflects the advanced technology, spacious cabin, and impressive performance capabilities of the aircraft. Despite its high price, the G650 remains a popular choice for those who value speed, range, and comfort in their business jets.
The Gulfstream G650 is a top-of-the-line business jet that offers impressive range, speed, and comfort. Its luxurious cabin and high-performance capabilities make it a popular choice for those who demand the best in their business aviation needs. With a last known list price of $75 million, the G650 is a significant investment, but for those who can afford it, the aircraft provides a unique and unparalleled flying experience.
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