Dmitry Mazepin Net Worth

Dmitry Mazepin has an estimated net worth of $2.5 billion, according to Forbes Real-Time Billionaires, Dmitry Mazepin profile (figures as of October 20, 2026). That is up from $1.7 billion in 2012.

Dmitry Mazepin is a Russian businessman known for building Uralchem into a major fertilizer company. In the early 1990s, he co-founded a bank, an insurance company and a petroleum trader. He later worked in senior roles across finance, energy and industry. From 1999-2002, he served as Deputy Chairman of the Russian Federal Property Fund. Those jobs put him in position to move from executive posts into owning industrial assets.

His biggest career turn came in 2004, when he bought his first fertilizer manufacturer at a privatization auction. He then created Uralchem Group and added several fertilizer producers in Russia. In 2007, his holdings were consolidated into Uralchem United Chemicals Company, and he became chairman of the board. He also expanded into potash through Uralkali, where he bought a 20 per cent stake in 2013 and joined the board in 2014.

How Dmitry Mazepin built his business

Mazepin made his fortune in chemicals, especially fertilizers. After earlier work in banking, insurance, oil and state property management, he moved into the sector by buying a fertilizer plant in 2004. That deal became the base for Uralchem Group. He went on to acquire more producers in Russia, building a larger network of plants and assets. Forbes tracks his wealth in manufacturing, with chemicals as the core business behind it.

Uralchem grew into one of the world's largest producers and exporters of nitrogen, potash and complex fertilizers. Mazepin later added a major Uralkali stake, giving him a bigger position in potash as well. In 2022, he reduced his Uralchem stake to 48 per cent and stepped down as CEO. From 2022 to 2024, Uralchem also made several humanitarian fertilizer shipments to Africa. In 2024, he was elected President of the Aquatics Federation of Russia.

What Forbes says about his net worth

Forbes has shown large swings in Mazepin's fortune over time. It estimated him at $1.7 billion in 2012, then $3.2 billion in 2013. The estimate then moved down to $1.4 billion in 2014 and $1.3 billion in 2015. His wealth is tied to fertilizer and potash businesses, so changes in ownership, market conditions and the value of those holdings can have a big effect on the yearly number.

More recently, Forbes estimated his net worth at $2.8 billion in 2023, $2.4 billion in 2024 and $2.2 billion in 2025. As of October 20, 2026, Forbes' real-time billionaires tracker put him at $2.5 billion. That later figure followed years in which his business remained centered on large fertilizer operations, including Uralchem and his past role in Uralkali.