Alexander Machkevich

About Alexander Machkevich

Birth Day: February 23, 1954
Birth Place: Almaty, Kazakhstan, Israel
Birth Sign: Pisces
Occupation: Major shareholder in Eurasian Natural Resources Corporation

Alexander Machkevich Net Worth

Alexander Machkevich was bornon February 23, 1954 in Almaty, Kazakhstan, Israel. With partners and longtime friends Alexander Machkevich and Alijan Ibragimov (both billionaires), Patokh Chodiev is trying to revive the fortunes of Eurasian Natural Resources Co., a metals and mining empire in Kazakhstan, which they delisted in 2013 after a market downturn stalled growth and fraud investigations mounted. They also remain in court over a $220 million claim ENRC allegedly failed to pay the final installment for a Brazilian iron ore mine to Zamin owned by Laskhmi Mittal's right hand man, Pramod Agarwal. Uzbekistan native lived in Japan before teaming up with his pals in Kazakhstan.
Alexander Machkevich is a member of Metals & Mining

💰 Net worth: $2.2 Billion (Updated at 22 June 2018)

2009 $1.2 Billion
2010 $3.3 Billion
2011 $3.7 Billion
2012 $2.8 Billion
2013 $2.1 Billion
2014 $1.7 Billion
2015 $2.2 Billion
2016 $1.5 Billion
2017 $1.9 Billion
2018 $2.41 Billion

Some Alexander Machkevich images

Biography/Timeline

1954

Mashkevich was born in Frunze, Kyrgyz SSR, Soviet Union, in 1954. His Father Anton, a Doctor born in Lithuania, and his mother, Rakhel Yoffe, a Lawyer born in Vitebsk, were evacuated to Kyrgyzstan in 1941. His family background is Lithuanian Jewish. He is a graduate of Kyrgyz State University where he studied philology. Mashkevich started out an academic career but became a businessman during perestroika. Mashkevich, Patokh Chodiev, and Alijan Ibragimov form "the Trio," a group of Kazakh businessmen who became billionaires. The Trio gained control of the recently privatized chromium, alumina, and gas operations in Kazakhstan (some of the largest ones in the world).

2007

ENRC was floated on the London Stock Exchange in December 2007, with a market capitalisation on Admission of approximately £6.8 billion.

2009

With his partners Chodiev and Ibragimov, Mashkevich helped to develop these assets, and is a major shareholder in Eurasian National Resources Corporation (ENRC), now one of the world's leading natural resources groups. ENRC, based in London, operates a number of metals assets in Kazakhstan and Africa, having acquired numerous mining operations in Eastern Europe and Africa. In 2009, ENRC generated a $1,462 million profit on sales of $3.8 billion.

2010

As of 2010 he is on the Forbes list of billionaires at #287. As of 2017 he is on the Forbes list of billionaires at # 1098 with a worth of 1.9 Billion.

2011

On April 6, 2011, Mashkevitch announced his intention to found a Jewish version of Al-Jazeera that will "represent Israel on an international level, with real information."