Iskander Makhmudov height - How tall is Iskander Makhmudov?

According to Forbes Magazine, Iskander Makhmudov is the 22nd wealthiest person in Russia. Forbes reported his net worth at $6.9 billion as of 30 April 2019.

According to SKRIN Market & Corporate News, Makhmudov planned to direct his company to develop a new regional jet by 2015. The aircraft was to be manufactured in a Czech Republic-based plant. All tests were planned to be completed in 2013.

In June 2014, Makhmudov closed a deal with Hyatt Hotels to build a luxury apartment hotel in Yekaterinburg, Russia. Makhmudov and his business partner Andrei Kozitsyn met with the two head executives from Hyatt Hotels in Yekaterinburg to discuss the project. According to Russian news sources, Ural Mining and Metallurgical Company (UMMC) and Hyatt Hotels Corporation have already agreed to build the hotel. A subsidiary of UMMC is currently constructing a building called the Iset Tower. If the UMMC-Hyatt deal is finalized, Hyatt will use the top six floors of the Iset Tower for the luxury apartments.

Let Kunovice is currently negotiating a deal to delivery 8 planes to the Russian Defense Ministry in 2013. Makhmudov's Ural Mining and Metallurgical Company is the majority owner of Kunovice.

According to Russia & CIS Business & Financial Daily, Makhmudov will budget approximately 60 billion rubles in 2013 for investments. "We're signing contracts for next year, and have started budgeting. The average copper prices will be around $8,000 a tonne in 2012. We're hoping it stays at that level next year. We're also planning the same investment program as this year – 60 billion rubles," said his business partner.

Russian Railways JSC owns 50% of Aeroexpress. In November 2012, it was reported that Russian Railways intends to sell half of its shares (25% ownership in Aeroexpress) to TransGroup AS Ltd.

In December 2012, MPC won a bid to purchase another 25% stake in CSPC. This purchase will increase MPC's equity position to 50%.

In November 2012, it was announced that TMH had increased its net profit by 9 percent to 2.69 billion rubles. The company also reduced its long-term liabilities by 39 percent.

In November 2012, Anatomy Ledovskikh, the former head of Russian's Federal Agency for Subsoil Use, was elected chairman of the board at Transmashholding, one of the companies owned by Iskander Makhmudov. Transmashholding produces locomotives, freight cars, passenger cars, electrain train cars, and other train heavy machinery.

In November 2012, Alstom purchased a blocking stake in TMH for $422 million U.S. dollars. Alstom is a France-based engineering company serving the power generation and rail transportation industries.

In February 2012, RBC Daily reported that Transmashholding—through its subsidiary TMH Service—purchased 75 percent holdings in Zheldorremmash, a subsidiary of OJSC Russian Railways. Zheldorremmash is considered a major player in the locomotive repair industry.

In July 2012, Metal Mining Wire reported that UMMC had planned to build and run a new steel mill in the Tyumen region of Russia. The mill would cost $675 million. According to the article, UMMC expects the new mill to produce 540,000 metric tons of steel per year.

Russia's Federal Space Agency (Roskosmos) plans to coordinate international space activities with other national space agencies, such as the European Space Agency. In 2011, Roskosmos announced plans to promote Russian launch services to other countries.

In 2011, MPC purchased a 25% stake in Central Suburban Passenger Company (CSPC). CSPC accounts for 56% of all suburban transportation in Russia.

Over 500 million passengers rode trains operated by CSPC in 2011. In 2011, CSPC had 24 billion rubles in revenue and 4.7 billion rubles in profit.

In 2011, RusBusinessNews reported that UMMC had commissioned a new coal processing factory. The factory is known as Krasnobrodskaya-Koksovaya. UMMC invested 3.3 billion rubles into the project. According to the article, the factory will process 3 million tons of coal each year.

In August 2011, the first Wendy's restaurant opened in Russia. The Wenrus Restaurant Group operates the Wendy's chain in Russia.

Makhmudov's ascension to success began in 1991 when the state economy was replaced with capitalism after the fall of the USSR.