Alexander Mamut
Photo: duma.gov.ru, CC BY 4.0, via Wikimedia Commons

Alexander Mamut Net Worth

Investor and media owner
BillionaireBusiness
Estimated net worth
$1.2B
Source: Forbes Real-Time Billionaires, October 20, 2026. Updated October 23, 2026.

Alexander Mamut’s net worth over time

$2.5B: Forbes World's Billionaires List 2019 estimate, 2019$2.5B2019$2.3B: Forbes World's Billionaires List 2020 estimate, 2020$2.3B2020$2.3B: Forbes World's Billionaires List 2021 estimate, 2021$2.3B2021$2.1B: Forbes World's Billionaires List 2022 estimate, 2022$2.1B2022$2B: Forbes World's Billionaires List 2023 estimate, 2023$2B2023$1.2B: Forbes World's Billionaires List 2024 estimate, 2024$1.2B2024$1.3B: Forbes World's Billionaires List 2025 estimate, 2025$1.3B2025$1.2B: Forbes World's Billionaires List 2026 estimate, 2026$1.2B2026$1.2B: Forbes Real-Time Billionaires estimate, Oct 2026. Forbes real-time estimate$1.2BOct 2026

Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.

See the numbers as a table
DateEstimateSource
2019$2.5 billionForbes World's Billionaires List 2019
2020$2.3 billionForbes World's Billionaires List 2020
2021$2.3 billionForbes World's Billionaires List 2021
2022$2.1 billionForbes World's Billionaires List 2022
2023$2 billionForbes World's Billionaires List 2023
2024$1.2 billionForbes World's Billionaires List 2024
2025$1.3 billionForbes World's Billionaires List 2025
2026$1.2 billionForbes World's Billionaires List 2026
Oct 2026$1.2 billionForbes Real-Time Billionaires · Forbes real-time estimate

Where the money comes from

Investments

These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.

Alexander Mamut’s fortune in real-life terms

18,344 years
for the median full-time U.S. worker to earn this much, spending nothing
5,553×
the net worth of the typical U.S. family
0.1%
of Elon Musk's fortune, the biggest on Net Worth Lookup

Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).

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Alexander Mamut has an estimated net worth of $1.2 billion, according to Forbes Real-Time Billionaires, Alexander Mamut profile (figures as of October 20, 2026). That is down from a peak of $2.5 billion.

Alexander Mamut is a Russian investor and former lawyer who built his fortune through deals in banking, retail, media, and entertainment. He started out in law, then moved into finance in 1990 by helping launch Business and Cooperation Bank and founding ALM-Consulting. During the 1990s and 2000s, he expanded through his A&NN investment company, with holdings that reached banks, insurance, mining, construction, and mobile phone retail.

His profile grew further as he moved into consumer and media businesses. He founded SUP Company in 2006, acquired LiveJournal Russia in 2007, and later became the owner of media assets tied to Rambler&Co, including lenta.ru and gazeta.ru. Outside Russia, he bought the British bookstore chain Waterstones in 2011. In 2017, he added Cinema Park and Formula Kino, two of Russia's biggest movie chains, and later sold Rambler to Sberbank in 2020.

How Alexander Mamut built his wealth

Mamut was trained as a lawyer, but most of his money came from investing. Over the years, he held stakes in banks, an insurance company, a fertilizer producer, and a mobile phone chain. His career included work in commercial banking early on, then a broader push through A&NN into retail, finance, and public-facing businesses. That mix gave him exposure to both traditional financial assets and companies with large customer bases.

Media and entertainment became another major lane. He founded SUP Company, bought LiveJournal Russia, and later controlled Rambler-linked media properties. He also owned Waterstones, the British bookstore chain founded by Tim Waterstone, which merged with Barnes & Noble in 2019. In film exhibition, he bought Cinema Park and Formula Kino in 2017. Forbes also notes that he later sold down Russian holdings and bought shares in American companies including Google and Apple.

Forbes net worth over time

Forbes estimated Alexander Mamut at $2.5 billion in 2019, then $2.3 billion in 2020 and 2021. The estimate moved to $2.1 billion in 2022 and $2 billion in 2023. Those shifts came during a period when his portfolio had changed shape, with earlier stakes across Russian finance, retail, media, and cinema, and with Rambler sold to Sberbank in 2020.

The decline continued to $1.2 billion in 2024, followed by $1.3 billion in 2025. Forbes' real-time billionaires tracker put him at $1.2 billion as of October 20, 2026. Forbes describes him as self-made and places him in Finance & Investments. The broad picture is a fortune built through investments, then reshaped over time by asset sales, ownership changes, and a move into shares of large American technology companies.

Career and money timeline

  1. 1990

    He helped found Business and Cooperation Bank and launched ALM-Consulting.

  2. 2006

    He founded the SUP Company.

  3. 2008

    A&NN acquired 100% of mobile phone retailer Evroset.

  4. 2011

    He bought Waterstones and installed James Daunt as managing director.

  5. 2017

    He acquired Cinema Park and Formula Kino.

  6. 2020

    He sold Rambler to Sberbank.

Alexander Mamut net worth FAQ

What is Alexander Mamut's net worth?

Alexander Mamut's net worth is an estimated $1.2 billion, according to Forbes Real-Time Billionaires, Alexander Mamut profile (October 20, 2026). It is an estimate, not an official figure.

How did Alexander Mamut get so rich?

The main sources named in the reporting we cite are: Investments.

Is Alexander Mamut a billionaire?

Yes. Forbes Real-Time Billionaires estimates Alexander Mamut is worth $1.2 billion.

How has Alexander Mamut's net worth changed?

The earliest published estimate we track is $2.5 billion (2019, Forbes World's Billionaires List 2019). The latest is $1.2 billion (October 20, 2026).

What companies helped make Alexander Mamut rich?

His fortune came from investments across banks, insurance, a fertilizer producer, a mobile phone chain, media assets, bookstores, and cinema chains. Forbes says he later bought shares in Google and Apple.

Does Alexander Mamut still have ties to Rambler?

He was a co-owner of Rambler Group until 2020. In 2020, Rambler was sold to Sberbank.