Billionaire oligarch, founder and President of JSC Ural Mining and Metallurgical Company. Placed 19th in the 2021 Forbes ranking of the richest businessmen in Russia with a fortune of $ 9.7 billion. Closely linked to Russian organized crime, including close connections with the leader of the Tambov organized crime group Gennadiy Petrov and the Izmailovo organized crime group that controlled the coal and aluminum enterprises. Was involved in and financially benefitted from corruption schemes and money laundering operations designed to provide corrupt sources of income to oligarchs, politicians and government officials and their families. Companies whose main shareholders are Iskander Makhmudov and Andrey Bokarev - Transmashholding, Metrowagonmash, Oktyabrsky Electric Railway Car Repair Plant, Roslokomotiv - received government contracts wirth a total of 130.7 billion rubles from Russian Railways and the Moscow Metro awarded to them in violation of anti-corruption regulations.