The Ledger / Andrei Skoch & family
Andrei Skoch & family
◼ Origin
Accumulated a controlling stake in Metalloinvest (Russia's largest iron ore producer) and USM Holdings during the post-Soviet privatization era; serves as a State Duma deputy since 2000.
◼ Self-Made Verdict — DISPUTED
Metalloinvest and USM stakes accumulated during opaque post-Soviet privatization; political access as Duma deputy and reported organized-crime ties are inseparable from the wealth origin.
◼ Documented marks
01
Controls Metalloinvest (Russia's largest iron ore producer, 4th largest globally) and holds a major stake in USM Holdings alongside Alisher Usmanov; net worth tied to commodity exports critical to Russian state revenue.
02
US Treasury (OFAC) designated Andrei Skoch in April 2018, alleging he has 'longstanding ties to Russian organized crime, including the Solntsevskaya Bratva criminal organization.'
03
Serves as a State Duma deputy since 2000; parliamentary immunity in Russia effectively shields him from domestic prosecution while enabling political influence over regulatory decisions.
04
EU Council Regulation (EU) 2022/260 and UK OFSI designated Skoch in March 2022 for benefiting from the Russian government and supporting actions against Ukraine.
No inheritance, or primary accounts documented for this billionaire yet.
◼ List of charges
Total sentence
0–0 years
That is
0.0–0.0 life sentences
(using 78 years as one life)
These are moral charges, not legal ones. The actual legal system has not — and will not — bring them.
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