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Alexander Mashkevitch Net Worth

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Alexander Machkevitch Net Worth: Alexander Machkevitch is an Israeli businessman and investor who has a net worth of $2 billion. Machkevitch has been building up his fortune ever since 1994 when he established Eurasian Natural Resources Co. (ENRC), Kazakhstan-based metals and mining empire, along with billionaire partners and longtime friends Patokh Chodiev and Alijan Ibragimov. Known as the "Trio", they have turned ENRC into a multinational company that also has headquarters in London, and deals with mining operations, metals and energy in Eastern Europe and Africa. The company has made significant acquisitions in 2010 when it obtained 50.5 % of Camrose Resources Ltd. and 50% of Bahia Minerals, BV. However, ENRC's shares have lost more than half of their value in the past twelve months due to governance concerns. But today, it's believed the company has surpassed the setbacks and is getting back on track. As a Jewish, Alexander Machkevitch was once the president of the Euro-Asian Jewish Congress but stepped down to focus on his business interests. Still, he has never ceased to support Jewish causes.

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