Alisher Usmanov, The World's Richest People - Forbes.com

#278 Alisher Usmanov


© Valery Melnikov/Kommersant
Age: 52
Fortune: NA
Source: Steel

Net Worth: 2.6

Country Of Citizenship: Russia
Residence: , Russia, Europe & Russia
Industry: Mining/Lumber
Marital Status: married, 2 children

Owner of Oskol Steel Mill, the Ural Steel industrial complex, and the Lebedinsky Iron Ore Mining and Processing Facility has said his first love was his stock, or shares, in his metals plants. In the beginning of 2005 Usmanov and his partner Vasiliy Anisimov acquired Mikhailovsky GOK (an ore mining and processing plant). In Spring 2005 their attempt to annex Russia's largest ferrous metals producer, Magnitogorsky metallurgical complex, failed, even after Usmanov and Anisimov blocked raw-materials delivery to Magnitogorsky. Now the partners say they will acquire enterprises in Kazakhstan and Ukraine.

For billionaires with publicly traded fortunes, net worths were calculated using share prices and exchange rates from February 13, 2006.