A ndrei Kozitsyn is a Russian industrialist known as the "Copper King" of the Urals. He is the former CEO and a major shareholder of the Ural Mining and Metallurgical Company (UMMC), one of Russia's largest producers of copper, zinc, coal, and precious metals. He started his career as a mechanic at one of the plants that would later form the core of his empire.
During the 1990s, Kozitsyn, along with his partner Iskander Makhmudov, consolidated control over numerous mining and metallurgical enterprises in the Sverdlovsk region. They built UMMC into a massive, vertically integrated holding company, controlling the entire production chain from mining raw ore to producing refined metals. Kozitsyn ran the company as its general director for nearly two decades, overseeing its growth and modernization. He is also a noted philanthropist in his home region, particularly known for his support of the Russian Orthodox Church and the creation of military museums. He has been sanctioned by the EU and other countries.
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Born in 1960 in Verkhnyaya Pyshma, a city nestled in the Ural Mountains region of Russia, Andrei Kozitsyn is a self-made Russian industrialist and mining magnate. His roots are deep in the Russian heavy industry, an environment that shaped his practical, hands-on approach to business. Kozitsyn received a foundational technical education, earning a Master's degree in Engineering from the Ural Polytechnic Institute.
His professional life began at the ground level: he started his career as a mechanic at Uralelectromed, an old industrial enterprise in his hometown. This was a critical experience, giving him a meticulous, floor-level understanding of metallurgical processes. His hard work and engineering skill allowed him to rapidly ascend the ranks, demonstrating that true leadership in heavy industry comes from knowing the machinery and the people who run it. This deep regional connection and operational mastery became the engine for his future industrial empire.
Andrei Kozitsyn's rise is the story of transforming Soviet-era industrial assets into a modern, private powerhouse. He served as the General Director of Uralelectromed from 1995 to 2002, successfully modernizing the plant. The watershed moment of his career came in the late 1990s when he co-founded the Ural Mining and Metallurgical Company (UMMC) with fellow billionaire Iskander Makhmudov. UMMC was built through the aggressive consolidation of disparate mining and metallurgical assets, primarily focused on non-ferrous metals.
Under Kozitsyn’s leadership as General Director (CEO), UMMC grew into Russia's leading zinc miner and second-biggest copper producer, becoming a vertically integrated giant that controls everything from the mine pit to the finished metal product. He is highly decorated within Russia, receiving the Order of Friendship for his contributions to the development of the mining industry. Although he stepped down as CEO in 2022 following international sanctions, he remains a major shareholder and the intellectual force behind UMMC, which dominates a crucial segment of the global metals market.
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Born in Verkhnyaya Pyshma, Urals.
Starts career as a mechanic at Uralelectromed.
Co-founds the Ural Mining and Metallurgical Company (UMMC).
Awarded the Russian Order of Friendship for contributions to the metallurgical industry.
Appointed General Director (CEO) of UMMC.
Steps down as CEO after the EU imposes sanctions following the Russian invasion of Ukraine.
Remains a major shareholder and influential figure in UMMC.
Andrei Kozitsyn’s fortune is derived from his large stake in the privately held industrial giant, Ural Mining and Metallurgical Company (UMMC), and its related subsidiaries.
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Andrei Kozitsyn’s philanthropy is deeply rooted in his hometown of Verkhnyaya Pyshma and the surrounding Ural region, where UMMC is headquartered. His giving is strongly focused on community development, historical preservation, and, notably, the Russian Orthodox Church.
He has been recognized by the Church with multiple high-level awards (including the Order of Holy Prince Daniel of Moscow) for his extensive charitable activities and contributions toward building and restoring churches. Furthermore, UMMC's corporate social responsibility programs provide substantial support to local sports, education, and healthcare facilities, creating a profound, stabilizing impact on the quality of life in the industrial towns of the Urals. This commitment reflects a deep, patriotic connection to the region where he grew up and built his life's work.
Andrei Kozitsyn projects the rugged, yet refined, image of a powerful Russian mining boss. His style is formal, practical, and highly conservative, favoring high-quality, dark European business suits for corporate and political meetings. There is a sense of deep-seated stability in his presentation, reflecting the massive, tangible assets he commands.
His lifestyle is rooted in his hometown of Verkhnyaya Pyshma, where he continues to reside, a rare choice for a billionaire that underscores his fierce regional loyalty. His personal indulgences include investment in local leisure projects and, notably, motorcycles, reflecting a personal affinity for speed and engineering. His true luxury is his deep influence over the entire industrial landscape of the Urals, a life built on converting raw earth into global industrial power.
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+25.99% | +$1.79B
+1.75% | +$24.56M
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All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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