A ndrei Bokarev is a Russian oligarch with extensive business interests in mining, heavy machinery, and transportation. He has built his fortune through partnerships with fellow billionaire Iskander Makhmudov. Together, they are the controlling shareholders of several major industrial enterprises in Russia.

Their key assets include UMMC (Ural Mining and Metallurgical Company), one of Russia's largest producers of copper and other metals, and Kuzbassrazrezugol, a major coal mining company. They also control Transmashholding, Russia's leading manufacturer of rolling stock for railways and subways. Bokarev's companies are significant suppliers to the Russian state, particularly to the Russian Railways and the Moscow Metro. Due to his close ties to the Russian government and his role in key industrial sectors, he has been targeted by international sanctions.