Alexei Kuzmichev
Energy

Alexei Kuzmichev Net Worth

10 months from now

Alexei Kuzmichev is a billionaire businessman from London, United Kingdom, Russia. He is the co-founder of Alfa Group, one of the largest financial and industrial groups in Russia, alongside college friends German Khan and Mikhail Fridman. The trio started Alfa Bank in 1991, and later acquired Tyumen Oil from the state in the late 1990s, merging it with BP's Russian assets to form TNK-BP. In 2013, they sold a 50% stake in TNK-BP to Rosneft for $28 billion, with Kuzmichev receiving more than $2.5 billion in cash. Kuzmichev is also a collector of contemporary art, and owns works by Sam Durant and Trevor Paglen.
Alexei Kuzmichev is a member of Energy

Age, Biography and Wiki

Birth Day October 15, 1962
Birth Place London, United Kingdom, Russia
Age 61 YEARS OLD
Birth Sign Scorpio
Occupation Businessman
Spouse(s) married
Children one son

💰 Net worth: $6.4 Billion (2024)

Alexei Kuzmichev, often referred to as Energy in Russia, is a prominent figure in the energy industry and a respected entrepreneur. With an estimated net worth of $6.4 billion in 2024, Kuzmichev has consistently demonstrated his business acumen and strategic vision. He has garnered significant wealth through his various ventures in the energy sector, capitalizing on Russia's vast natural resources. Kuzmichev's success has cemented his reputation as an influential player in the industry, allowing him to not only accumulate immense wealth but also contribute to the development of Russia's energy landscape.

2009 $3.1 Billion
2010 $6.5 Billion
2011 $7.5 Billion
2012 $6.7 Billion
2013 $8.2 Billion
2014 $8.8 Billion
2015 $7.3 Billion
2016 $6.7 Billion
2017 $7.2 Billion
2018 $7.6 Billion

Biography/Timeline

1962

Kuzmichev was born in 1962 in Kirov, Russia. Between 1980 and 1982 he served in the army on the Soviet-Chinese border as a radio operator. During this time he joined the Communist party. In 1983, he enrolled in the Moscow Institute of Steel and Alloys where he met his Future Business partners, Mikhail Fridman and German Khan. In 1988 Kuzmichev, Fridman and Khan, along with Mikhail Alfimov, founded Alfa Photo, which specialized in the import of photo chemicals. Later, Kuzmichev convinced his partners to diversify into the export Business. Thus in 1998 Alfa Eco was founded. This venture would become the basis of Alfa Group Consortium. (In 2005, Alfa Eco was rebranded as A1).

2002

The Babylon Project was founded by Kuzmichov in 2002. It is aimed at establishing an international foundation to preserve the ancient treasures of Iraq. Kuzmichev asked Russia, the U.S. and other countries to join in a cultural initiative to safeguard the ruins of Babylon, near the town of Hillah, as well as participate in restoration of the National Museum of Iraq in Baghdad, which suffered heavy looting in 2003. Due to ongoing unrest in Iraq, the project is currently frozen.

2018

Mr Kuzmichev is one of the original founders of the LetterOne Group. The LetterOne Group (LetterOne) is an international investment Business based in Luxembourg. Its Investments are focused on the telecoms, Technology and Energy sectors through its two main Business units, L1 Energy and L1 Technology. Despite recently being required by the Government to sell their North Sea oil and gas fields, LetterOne have reportedly been told in a letter from a senior UK official that this ‘is not a judgement on the suitability of LetterOne’s owners to control these or any other assets in the UK.

2019

Mr Kuzmichev’s wife, Svetlana Kuzmicheva-Uspenskaya, is founder and Director of Project Perpetual – a group which harnesses the contributions of the world’s leading contemporary artists and global influencers to raise funds and facilitate advocacy for children in peril. Mr Kuzmichev’s role in the charity was to be part of the lead sponsorship of the 2013 Global Leadership Awards Dinner at the United Nations. The project is partnered with the United Nations Foundation

Some Alexei Kuzmichev images

Tags Alfa Group Moscow Institute of Steel and Alloys alumni 1963 births Living people Russian businesspeople Russian billionaires Russian capitalists

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.