Aleksandr Frolov (businessman)
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Aleksandr Vladimirovich Frolov () (born 17 May 1964) was the CEO of
Evraz EVRAZ plc () is a UK-incorporated multinational steel manufacturing and mining company part-owned by Russian oligarchs. It has operations mainly in Russia as well as the USA, Canada, and Kazakhstan. Its listing on the London Stock Exchange (LS ...
in 2007-2021, one of the largest
steel Steel is an alloy of iron and carbon that demonstrates improved mechanical properties compared to the pure form of iron. Due to steel's high Young's modulus, elastic modulus, Yield (engineering), yield strength, Fracture, fracture strength a ...
producers. Since 2013, the company’s coal subsidiaries, consolidated under PJSC Raspadskaya in 2020, made it the largest Russian producer of coking coal.


Career

Frolov graduated with honors from the Department of Molecular and Chemical Physics of the
Moscow Institute of Physics and Technology Moscow Institute of Physics and Technology (MIPT; , also known as PhysTech), is a public university, public research university located in Moscow Oblast, Russia. It prepares specialists in theoretical physics, theoretical and applied physics, ...
in 1987. He received his Ph.D. in physics and mathematics from the same institute in 1991. Frolov worked at the
Kurchatov Institute The Kurchatov Institute (, National Research Centre "Kurchatov Institute") is Russia's leading research and development institution in the field of nuclear power, nuclear energy. It is named after Igor Kurchatov and is located at 1 Kurchatov Sq ...
of Atomic Energy in Moscow. In 1994 he became an entrepreneur. From 2007 till September 2021 he was the
CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...
of
Evraz EVRAZ plc () is a UK-incorporated multinational steel manufacturing and mining company part-owned by Russian oligarchs. It has operations mainly in Russia as well as the USA, Canada, and Kazakhstan. Its listing on the London Stock Exchange (LS ...
(
LSE LSE may refer to: Education * London School of Economics, a public research university within the University of London * Lahore School of Economics, a private university in Lahore, Punjab, Pakistan * Lincoln Southeast High School, a public gove ...

EVR
. Frolov’s partner,
Alexander Abramov Alexander Grigoryevich Abramov (, born 20 February 1959) is a Russian businessperson, who until March 2022 was the Chairman of the Board of directors of Evraz, one of Russia's largest steel producers. Since 1998, he has amassed one of the large ...
, was the Chairman of EVRAZ. Both of them resigned from EVRAZ Board of directors in March 2022.


Sanctions

He was sanctioned by the UK government in 2022 in relation to the
Russo-Ukrainian War The Russo-Ukrainian War began in February 2014 and is ongoing. Following Ukraine's Revolution of Dignity, Russia Russian occupation of Crimea, occupied and Annexation of Crimea by the Russian Federation, annexed Crimea from Ukraine. It then ...
.


Net worth

According to ''
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
'' list of billionaires, he has a net worth of $2.6 billion as of August 2022. He ranks 1341st on Forbes’ List of Billionaires in 2022.


Personal life

Frolov is married and has one child.


See also

*
Evraz Group EVRAZ plc () is a UK-incorporated multinational steel manufacturing and mining company part-owned by Russian oligarchs. It has operations mainly in Russia as well as the USA, Canada, and Kazakhstan. Its listing on the London Stock Exchange (LSE ...
*
Alexander Abramov Alexander Grigoryevich Abramov (, born 20 February 1959) is a Russian businessperson, who until March 2022 was the Chairman of the Board of directors of Evraz, one of Russia's largest steel producers. Since 1998, he has amassed one of the large ...


Notes

{{DEFAULTSORT:Frolov, Aleksandr Moscow Institute of Physics and Technology alumni Russian mining businesspeople Russian billionaires Living people Russian individuals subject to United Kingdom sanctions 1964 births