Alexander Mashkevitch Net Worth is$2.1 Billion
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Profession: Investor

Date of Birth: 1954

Ethnicity: Jewish people

Country: United Kingdom, Israel

Alexander Mashkevitch net worth: Alexander Mashkevitch is an Israeli businessman who has a net worth of $2.1 billion. Alexander Mashkevitch is a Kyrgyzstan native who studied literature and at the age of 26 he became one of the youngest deans of a university in his hometown. Then he moved to Moscow to start a trading business with his longtime friends Chodiev and Ibragimov. Along with his two partners, Machkevich is said to form the "Trio", a group of Kazakh businessmen who became billionaires. They took control of privatized chromium, alumina, and gas operations in Kazakhstan, including major shares of Eurasian National Resources Corporation (ENRC), one of the world's leading natural resources groups. Although a London-headquartered company, ENRC operates numerous of metals assets across Kazakhstan and Africa, as well as in Eastern Europe and Africa. The company's expansion doesn't end here as it continues to explore the sale of international assets. In August 2010, the company acquired 50.5% of Camrose Resources Limited, while in September it obtained the outstanding 50% interest in Bahia Minerals BV. Apart from doing business, Machkevich has been active in Jewish causes.
Alexander Mashkevich (Hebrew: x?x?x?x?x x?x? x?x(C)x?x?x?x?a??; also transliterated Alexandr Mashkevic; Russian: ???>>?u??N???? 1/2 ??N? ????N????u???,N?), born in 1954, is a businessman and investor. He has major holdings and close political relationships in Kazakhstan. He holds both Kazakh and Israeli citizenship; according to the Jewish Telegraphic Agency, he usually travels on his Israeli passport and "rarely spends more than a week each month in Kazakhstan."
Mashkevich was born in Frunze, Kyrgyz SSR, Soviet Union, in 1954 to Rakhel Yoffe (born in Belarus) and Anton (born in Lithuania). He is a graduate of Kyrgyz State University where he studied philology. Mashkevich started out an academic career but became a businessman during perestroika. Mashkevich, Patokh Chodiev, and Alijan Ibragimov form "the Trio," a group of Kazakh businessmen who became billionaires. The Trio gained control of the recently privatized chromium, alumina, and gas operations in Kazakhstan (some of the largest ones in the world).
With his partners Chodiev and Ibragimov, Mashkevich helped to develop these assets, and is a major shareholder in Eurasian National Resources Corporation (ENRC), now one of the world's leading natural resources groups. ENRC, based in London, operates a number of metals assets in Kazakhstan and Africa, having acquired numerous mining operations in Eastern Europe and Africa. In 2009, ENRC generated a $1,462 million profit on sales of $3.8 billion.
ENRC was floated on the London Stock Exchange in December 2007, with a market capitalisation on Admission of approximately A?6.8 billion.
Mashkevich served as president of the Euro-Asian Jewish Congress (EAJC) until 2011. The EAJC is one of the five regional branches of World Jewish Congress (WJC). In this capacity, he has visited a number of synagogues around the world and met with many prominent individuals. In 2002, Mashkevich had a private meeting with then-Foreign Minister Shimon Peres. In apparent consult

Alexander Mashkevitch Latest News

Ex-ENRC Africa Boss Interviewed by U.K. Prosecutor in Bribe Case

He left the company in 2014. ENRC was founded by businessman Alexander Mashkevitch, Patokh Chodiev and Alijan Ibragimov in 1994 after the men acquired assets as part of the privatization process in Kazakhstan. The company listed on the London Stock ...
Posted: September 9, 2016, 2:07 am

Glencore Considering $19.5 Billion Bid for ENRC…

Looks like Glencore’s management team is taking advantage of its new currency. According to ENRC’s 3 founders, Alexander Mashkevitch, Patokh Chodiev and Alijan Ibragimov, who control 45% of the company, Glencore’s CEO recent discussed a possible merger.
Posted: June 12, 2011, 9:33 pm

Kazakhstani Jew plans news channel to rival Al-Jazeera

Kazakhstani Jewish billionaire Alexander Mashkevitch on Thursday announced a plan to open a pro-Israel news channel to rival Al-Jazeera at an estimated initial cost of at least “$100 million.” In an interview over the phone from New York, Mashkevitch ...
Posted: April 7, 2011, 12:40 pm

ENRC’s Corporate Governance Hole Deepens

As soon as you get the opportunity to sell your shares I’d sell them,” he said. ENRC is a FTSE-100 company whose three main shareholders, Alexander Mashkevitch, Alijan Ibragimov and Patokh Chodiev, control 44% of the company’s shares and exercise ...
Posted: June 15, 2011, 2:59 am

Third independent director to quit ENRC board

The three founding shareholders – led by oligarch Alexander Mashkevitch with 15 per cent – together hold just over 43 per cent of the company’s shares. The Kazakh government holds 12 per cent. The topic of control was addressed in an independent ...
Posted: June 9, 2011, 3:26 am
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