Born in Moscow in 1966, Andrei Bokarev is a Russian industrialist whose fortune was forged in the privatization and consolidation of Russia’s crucial heavy industries. Bokarev received a formal business education, graduating from the Moscow Institute of Finance in 1990. This training, completed just as the Soviet Union was collapsing, equipped him with the financial and analytical skills needed to navigate the wild, high-stakes market economy that emerged.

Unlike many industrialists, Bokarev’s career began with an understanding of capital and corporate structure, allowing him to strategically partner with industrial leaders and manage diversified holdings. His early involvement with the Ural Mining and Metallurgical Company (UGMK) group, alongside fellow billionaire Iskander Makhmudov, provided him with a direct entry into the world of copper, coal, and heavy manufacturing—a partnership that became the engine of his massive wealth.

Andrei Bokarev’s career is a masterclass in industrial consolidation. Beginning in the late 1990s, he rose to prominence as a key manager and shareholder in Russia’s strategic resource sectors. Since 1999, he has served as Chairman of the Board of Directors of Kuzbassrazrezugol (KRU), one of Russia’s largest coal producers. His leadership was crucial in modernizing KRU’s mining operations and turning it into a stable, profitable exporter.

His most notable executive role began in 2008 when he was appointed President of Transmashholding (TMH), a position that recognizes his strategic vision. TMH is Russia’s leading manufacturer of railway equipment, a highly strategic asset that supplies the Russian rail transport operator (RZD). Bokarev’s success lies in his ability to manage immense, complex industrial assets, from mining to manufacturing, which are essential to the physical infrastructure of Russia. He is recognized by peers for his strategic sharpness and entrepreneurial finesse, securing his position as a central, influential figure in Russian business and political life.

Andrei Bokarev’s philanthropy is highly visible in the world of Russian sports, reflecting a personal passion and a commitment to national athletic development. He serves as the President of both the Russian Ski Association and the Russian Freestyle Ski Federation, channeling considerable financial support and executive time into the promotion and development of winter sports.

His funding ensures Russian athletes compete at the highest global levels, reflecting a form of patriotic patronage. Furthermore, the companies he controls, such as KRU and TMH, are massive employers in their respective industrial regions, providing stable, high-wage jobs and investing heavily in the social infrastructure of the towns where they operate—a massive, structural contribution to regional stability and welfare. Bokarev has been awarded several Russian state medals for his career achievements and philanthropic efforts.

Andrei Bokarev maintains the impeccably tailored, powerful image of a top Russian industrial executive. His attire is consistently formal, featuring expensive, custom-made business suits, worn to project authority across his vast industrial and political network. His style emphasizes discipline and seriousness over flamboyant trendiness.

His lifestyle is characterized by control and high-end leisure pursuits, particularly in the world of sports. As the head of two national ski federations, he maintains residences and properties suitable for winter sports in exclusive Russian locales and travels extensively for international competitions. His luxury is derived from commanding empires in heavy industry and rail transport, backed by his financial education, securing his position within Russia's most powerful business and political circles.