What is Alexei Kuzmichev's Net Worth?
Alexei Kuzmichev is a Russian businessman who has a net worth of $6 billion. Alexei Kuzmichev entered Russia's richest list as a shareholder of Alfa Group, one of Russia's largest privately owned investment groups that he shares with fellow billionaires, German Khan and Mikhail Fridman. Kuzmichev met his future partners while studying at the Moscow Institute of Steel and Alloys. In 1989, Kuzmichev and Khan joined Fridman in the formation of his Alfa-Eco group, which today makes Alfa Group Consortium. The group has widened its interests over the years in oil and gas, commercial and investment banking, asset management, insurance, retail trade, telecommunications, water utilities and special situation investments.
As for Alfa Group's portfolio, it now includes such companies as Alfa-Bank (biggest private bank in Russia), TNK-BP (oil company), VimpelCom (global provider of telecommunications services), MegaFon (second largest mobile phone operator in Russia), X5 Retail Group (leading Russian food retailer), A1 Group (private equity group), Alfa Capital Management (asset management industry), AlfaStrakhovanie Group (leader among Russian insurance companies) and Rosvodokanal Group (major Russian private operator of water). When it comes to Kuzmichev's position in the group, he heads A1 where he also serves as the Chairman of its Advisory Committee. Furthermore, he occupies a seat in the board of Russian Technologies and is also a member of the board of directors of Alfa Finance Holdings S. A.
