Alexander Frolov Net Worth: Alexander Frolov is a Russian entrepreneur who has a net worth of $2 billion. Born Alexander Vladimirovich Frolov on 17 May 1964, he earned his fortune as the Chairman and CEO of Evraz Group, one of the biggest steel manufacturers, along with his fellow Alexander Abramov. An honored graduate of the Moscow Institute of Physics and Technology who also holds a Ph.D. in physics and mathematics, Frolov started his career as a researcher at the Kurchatov Institute of Atomic Energy. Then, in 1994, he became a part of Evaz Metal, and several years later, he started to serve as Chief Financial Officer. During the period from 2004 to 2006, Frolov served as the Senior Executive Vice-President, later on, he was the Chairman of the company, and finally, in 2007, Frolov became company's CEO. Since the beginning of the global economic crises, Frolov has been in charge for managing the company's debt burden. In 2008, the company's debt was $9.1 billion, and by the end of 2011, it had been decreased to $7.2 billion, and finally, in three years period, the company was able to pay off its dividend. Moreover, in 2012, Frolov with his partner Abramov sold Energostroyinvest-Holding, one of Russia's top energy infrastructure companies; however, Frolov has still an interest in Highlands Gold Mining.
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