#580

Andrei Skoch & family

Russia 60 years old Self-Made

Overview

Source of Wealth
Metals and mining
Residence
Moscow
Education
State Central Institute of Physical Culture
Marital Status
Single
Children
10

Biography

Andrei Skoch is a partner in Russian investment group, USM, and has been a member of the State Duma, Russia's legislative body, since 1999.

He and his former partner, Lev Kvetnoi, were born in a settlement near Moscow and studied at the same athletics school, Institute of Physical Culture.

The partners merged their business with that of billionaire Alisher Usmanov. Kvetnoi later sold out.

As a member of the Duma, he isn't allowed to own stakes in businesses so his shares in USM are held by his father Vladimir and his daughter Varvara.

Skoch was sanctioned by the U.S. in 2018 for "longstanding ties to Russian organized criminal groups," which he has denied. The EU and U.K. sanctioned him in 2022.

About

He built a memorial to fallen Russian soldiers in Lushun, China, formerly known as Port Arthur, the site of the bloodiest battles of the 1904-05 Russo-Japanese War.