Vladimir Iorich was bornon 1958 in Germany. Vladimir Iorich, a Russian-born German citizen, was riding high two years ago when his fortune was up nicely on a minerals-and-mining-focued investment strategy. No longer. In just the last year, to cite one example, the value of his 43% stake in Nevada Copper has fallen from $124 million to a recent $54 million as the sector has taken a dive. Iorich made his original fortune as a large shareholder in Russian mining and steel company Mechel AOA, run by Russian billionaire Igor Zyuzin. In 2007, after a disagreement with Zyuzin, Iorich sold his shares for around $1.3 billion and established Pala Investments, based in Zug, Switzerland.
Vladimir Iorich is a member of Metals & Mining