I gor Altushkin is a self-made Russian oligarch who is the founder and chairman of the Russian Copper Company (RMK), one of Russia's largest producers of copper. He began his career in the early 1990s in the scrap metal business and, through a series of acquisitions and consolidations during the post-Soviet era, he built a major, vertically integrated metals empire.
RMK is a dominant force in the Russian copper industry, with a portfolio of mines and metallurgical plants. Altushkin is known for his close ties to the Russian Orthodox Church and for his extensive philanthropic work. He is also a prominent figure in his home region of the Urals. Due to his prominence in a strategic sector of the Russian economy, he was sanctioned by the United Kingdom in 2022 following the Russian invasion of Ukraine.
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Igor Alexeyevich Altushkin is a Russian businessman, the self-made billionaire Founder and largest shareholder of the Russian Copper Company (RCC), Russia's third-largest copper producer. Born in 1960 in Yekaterinburg, his career began with high-risk commodity trade in the post-Soviet era.
Altushkin started his career as a scrap metal trader in the early 1990s, recognizing the immense profit opportunity in the collapsing Soviet industrial base. He is a graduate of the Ekaterinburg Institute of Economics. His success is tied to his commitment to vertical integration—controlling the process from extracting and processing ore to producing and selling finished products.
Igor Altushkin founded the Russian Copper Company (RCC) in 2004, building it into a massive industrial conglomerate with a production capacity of 390,000 tons of copper in cathode equivalent annually. His strategic vision centered on acquiring and modernizing mining and processing plants across Russia and Kazakhstan.
He is a highly influential figure in Russian business and politics. He was awarded the Order of Friendship by Vladimir Putin in 2017 and is a key supporter of the Russian Orthodox Church. His company built its new headquarters in Ekaterinburg, designed by the famed British architect Norman Foster. Altushkin is also a sports patron: his RCC co-founded RCC Boxing Promotions in 2016. His wealth is secured by the colossal, long-term profitability of the global copper and non-ferrous metals market.
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Starts his career as a scrap metal trader (Early Venture).
Founds the Russian Copper Company (RCC) (Founding).
RCC co-founds RCC Boxing Promotions (Sports Diversification).
Awarded the Order of Friendship by Vladimir Putin (Civic Honor).
RCC builds its new headquarters in Ekaterinburg (Infrastructure Milestone).
Continues as Founder and CEO, guiding the copper giant (Executive Oversight).
Igor Altushkin's wealth is concentrated in his founding and controlling ownership of the private industrial giant, Russian Copper Company (RCC).
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Igor Altushkin's social impact is structural, stemming from RCC's role as a massive industrial employer (over 25,000 employees) and a foundational supplier of copper and non-ferrous metals for global manufacturing and construction. His commitment to environmental safety and efficiency is reflected in the company's continuous modernization efforts.
His personal philanthropy supports the Russian Orthodox Church and various social initiatives. His career is a testament to the profitability of commodities trading and industrial vertical integration in the post-Soviet Russian resource sector.
Igor Altushkin maintains the professional, composed style of a Russian industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, blending his industrial background with his patronage of boxing and the Russian Orthodox Church.
Residing in Yekaterinburg, Russia, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, resource control, and the long-term management of his essential metals and mining empire.
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+0.93% | +$47.96M
+13.33% | +$400.00M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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