Category Philanthropy

Headshot of Iskander Makhmudov

Mr. Makhmudov leads drive for orphans

As Russia’s government remains to struggle to address the nation’s ongoing child well-being crisis, Ural Mining and Metallurgical Company, led by Iskander Makhmudov, has chosen to engage the neighborhood to satisfy the needs of Russian orphans and other kids, Yekaterinburg News reported. UMMC, a metallurgical company based in Verkhnyaya Pyshma in the Ural Region, together […]

Iskander Makhmudov: Charitable Giving Trendsetter

Iskander Makhmudov is a trendsetter in charitable giving. Russia’s Ural Mining and Metallurgical Company (UMMC) is giving 2 billion rubles to charitable social programs. The money will go toward children’s programs, orphanages, and veterans assistance. Charitable giving is less popular in Russia than it is in the United States. In any country, an investment decision […]

Makhmudov Invests in Environmental Protection

In 2012, Mr. Makhmudov invested over 254 rubles–through UMMC (his Ural Mining and Metallurgical Company)–for environmental protection activities. His commitment helped in areas like sewage treatment, gas facilities, and air pollution. For more information: Wikipedia UMMC press release

Philanthropy Overview

Much like Bill & Melinda Gates, Mr. Makhmudov has given away a lot of his personal fortune. Mr. Makhmudov owns an ice arena in the city of Sochi, Russia, which will host the 2014 Winter Olympics. It was reported in February 2013 that he will give the arena to the Russian government, free of charge, […]

Iskander Makhmudov’s generosity

Iskander Makhmudov is a very generous philanthropist, first and foremost. Mr. Makhmudov gave over a billion dollars to charity in recent years. He’s given donations to doctor’s clinics, housing for the poor, orphans, and veterans. Related articles The New Oligarch Playpen – Iskander Makhmudov Builds a New Monopoly, This Time of Moscow Passenger Rail Transportation […]