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Andrei Skoch has an estimated net worth of $4.9 billion. He was previously hailed by Forbes as the 255th richest billionaires in the world today and he ranks 28th in Russia's richest people. He is in fact considered as the richest member of the Russian parliament.

He is barely forty years old when he acquired his first billion and today, he is one of the richest Metalloinvest billionaires. Andrei Skoch and Lev Kvetnoi joined the metallurgical business of the billionaire Alisher Usmanov where he was assigned to Lebedinsky Mining while Kvetnoi was assigned to Oskol Metal Works. The two firms were later merged with a third firm which formed the Metalloinvest Conglomerate. Kvetnoi later decided to sell out but Skoch remained Usmanov's partner.

Earnings & Financial Data

Date

Category

Description

Amount

2018

Asset

Purchase value of Andrei Skoch's Airbus A319 business jet

$90,000,000

2018

Earning Turned Donation

Donation in the past three years to sponsor a literary competition for young authors called Debut and build a memorial to fallen Russian soldiers in Port Arthur, China, formerly known as Lushun, the site of the bloodiest battles of the Russo-Japanese war of 1904-1905

$117,000,000

2018

Asset

Purchase value of Andrei Skoch's yacht Madame Gu

$150,000,000

2012

Asset

Money raised by the company Metalloinvest to expand its operations

$8,000,000,000

2012

Earnings

Earnings of the company Metalloinvest that owns the largest iron ore deposits outside Australia

$3,000,000,000