G ennady Kozovoy is a Russian industrialist who has made his fortune in the country's vast coal mining sector. He is the majority shareholder and former longtime CEO of Raspadskaya, one of Russia's largest producers of coking coal. Coking coal is a critical ingredient in the steelmaking process.

Kozovoy led the company for decades, building it into a major player in the Russian metals and mining industry. The company's fortunes are closely tied to the global demand for steel. His tenure has also been marked by tragedy and challenge, most notably a devastating methane explosion at the company's main mine in Siberia in 2010, which was one of the worst mining disasters in Russia's post-Soviet history. The steel giant Evraz is a major shareholder in the publicly traded company, and Kozovoy's wealth is derived from his significant remaining stake.