Alexander Nesis
#1551

Alexander Nesis

Russia 63 years old Self-Made

Overview

Source of Wealth
Metals, banking, fertilizers
Residence
Moscow
Education
Leningrad Technological Institute (Bachelor of Arts/Science)
Marital Status
Married
Children
5

Assets

  • Baran Group
    2,488,000 shares @ -
    -
    BRAN-IL
  • Polymetal International MICEX
    56,587,000 shares @ -
    -
    -

Biography

Alexander Nesis is founder of precious mining firm Polymetal International and private equity firm ICT Group.

His brother Vitaly is CEO of Polymetal, in which BlackRock also has a stake greater than 10%.

ICT, through which he owns his Polymetal stake, announced in March 2022 Nesis' stake was just under 50%, less than previously thought. He reduced it to avoid the risk of sanctions for the company.

ICT has stakes in Polymetal and railcar maker United Wagon.

Nesis got his start in the late 1980s using uranium production waste from a mine in Uzbekistan to produce and sell rare-earth metals.

About

He is now a Swiss resident with citizenship of Israel, Malta and Russia.