LeaderPortfolio
Kosogov
Andrei Kosogov
Rank #2736
RUSSIAFinance InvestmentsBanking

Andrei Kosogov

Net Worth
$1.396B
+0.13% (24h)
Andrei Kosogov, born on March 15, 1961, is a prominent Russian businessman with a net worth estimated at $1.4 billion. His wealth stems primarily from his involvement in Banking and investments, particularly through his significant shareholdings in Alfa Group and his role as a co-founder of LetterOne, an international investment firm. Kosogov's career began in 1992 when he joined Alfa Group, later heading the investment block at Alfa-Bank. He has consistently supported philanthropic causes, including children's hospitals and programs for elderly scientists. Kosogov's influence extends across various sectors including banking, telecommunications, and energy.

How to read Andrei Kosogov's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Andrei Kosogov, we anchor the narrative to Banking and Banking, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.396B alongside global rank #2736, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (RUSSIA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life and Education

Andrei Kosogov was born on March 15, 1961, in Sillamäe, Estonia (then part of the Soviet Union). He graduated from the Moscow Power Engineering Institute in 1987 with a degree in thermal physics. He also holds an MBA from Harvard Business School. Kosogov's early career involved working in a small research and production enterprise at MPEI.

Rise to Success

Kosogov's career took a significant turn in 1992 when he joined Alfa Group. He oversaw the establishment of a privatization investment fund. From 1999 to 2005, he served as the First Deputy Chairman of Alfa-Bank, heading its investment block. He played a key role in the growth and success of Alfa Group Consortium and its subsidiaries.

Key Business Strategies

His key business strategies involved managing Alfa Capital and investment divisions, and co-founding LetterOne in 2013. Through LetterOne, he invested in oil and gas, cellular companies, and retail. He also oversaw the expansion of VimpelCom into one of the world's largest integrated telecommunications companies.

Philanthropy

Kosogov is actively involved in private philanthropy, including supporting a hospital for children with cerebral palsy since 1996 and programs for elderly scientists. He received Russia's Medal of Honour for his charitable work.

Career Timeline

2013

Cofounded LetterOne

Co-founded international investment firm.

1999

First Deputy Chairman of Alfa-Bank

Headed the investment block.

1992

Joined Alfa Group

Oversaw the establishment of a privatization investment fund.

Philanthropic Impact

HealthcareUndisclosed

Support for Children's Hospital

Continuous support for a hospital for children with diseases of the central nervous system.

ScienceUndisclosed

Support for Elderly Scientists

Individual participant in a program to support elderly Russian scientists.

Key Business Ventures & Holdings

CompanyStakeValue
Alfa-Bank41.00%

Net Worth History

In-Depth Analysis

Early Life and Education

Andrei Kosogov was born on March 15, 1961, in Sillamäe, Estonia (then part of the Soviet Union). He graduated from the Moscow Power Engineering Institute in 1987 with a degree in thermal physics. He also holds an MBA from Harvard Business School. Kosogov's early career involved working in a small research and production enterprise at MPEI.

Rise to Success

Kosogov's career took a significant turn in 1992 when he joined Alfa Group. He oversaw the establishment of a privatization investment fund. From 1999 to 2005, he served as the First Deputy Chairman of Alfa-Bank, heading its investment block. He played a key role in the growth and success of Alfa Group Consortium and its subsidiaries.

Key Business Strategies

His key business strategies involved managing Alfa Capital and investment divisions, and co-founding LetterOne in 2013. Through LetterOne, he invested in oil and gas, cellular companies, and retail. He also oversaw the expansion of VimpelCom into one of the world's largest integrated telecommunications companies.

Philanthropy

Kosogov is actively involved in private philanthropy, including supporting a hospital for children with cerebral palsy since 1996 and programs for elderly scientists. He received Russia's Medal of Honour for his charitable work.

Data Sources & Methodology

Figures for Andrei Kosogov are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.