Igor Altushkin Net Worth

What is Igor Altushkin's Net Worth?

Igor Altushkin is a Russian businessman who has a net worth of $4.4 billion. Billionaire Igor Altushkin is the founder and largest shareholder of Russian Copper Company (RMK), the third-largest copper producer in Russia. Born in 1970, Igor Alexeevich Altushkin graduated from the Ekaterinburg Institute of Economics. He started accumulating his net worth in the early 1990s, mainly via scrap metals trading. At the time, he served as General Director of Ekaterinburg Commerce and Industry Company (1993-2003), Aeron (1996-2003) and Uralelectromed-Vortsvetmet (1997-2003).

In 2002, he landed a board member post in Revdinskiy Brickyard. Then in the period from 2003 to 2007 he became a consultant to the Office of the President of Ural Bank for Reconstruction and Development. He united with Iskander Makhmudov to buy a controlling stake in the Chelyabinsk Zinc Factory, the largest zinc producer in Russia, in the fall of 2009. In the meantime, he already started RMK (in 2004), which is now the major source of his wealth.