Alexander Knaster Net Worth

Alexander Knaster is a Moscow-born banker who emigrated to the United States in 1976 and became a U.S. citizen. He returned to Russia in the mid-1990s and headed Credit Suisse First Boston's Moscow operation, later becoming chief of Alfa Bank, Russia's largest private commercial bank. In 2005, he founded the British private equity firm Pamplona Capital Management, and in 2009 he obtained UK citizenship. He is also the co-founder of the Genesis Philanthropy Group, a foundation that promotes Jewish identity among Russian-speaking Jews worldwide. Knaster has given significantly to his alma mater, Carnegie Mellon University, and in 2013 he received $600 million from the sale of Alfa Group's stake in oil joint-venture TNK-BP. In 2014, Alfa Group purchased RWE Dea for 5.1 billion euro. Knaster is currently in the process of transferring the majority of his assets, including his stakes in LetterOne, into a new charitable foundation to fight cancer.
Alexander Knaster is a member of Investments

Age, Biography and Wiki

Birth Day February 19, 1959
Birth Place United States
Age 65 YEARS OLD
Birth Sign Pisces
Residence London
Education BS Carnegie Mellon University MBA Harvard Business School
Occupation Investment manager
Known for Founder of Pamplona Capital Management
Spouse(s) Irina Knaster
Children Four

💰 Net worth: $2.1 Billion (2024)

Alexander Knaster, a renowned investor, is projected to have a net worth of a staggering $2.1 billion by 2024. With his sharp business acumen and exceptional investment strategies, Knaster has managed to accumulate substantial wealth throughout his career. Known for his notable investments in the United States, he has proven his expertise in identifying lucrative opportunities in various sectors of the American market. The success of his ventures has greatly contributed to his rising net worth, solidifying his position as a prominent figure in the world of finance and investments.

2010 $1.15 Billion
2011 $1.1 Billion
2012 $1.4 Billion
2013 $1.8 Billion
2014 $2.1 Billion
2018 $2.1 Billion

Some Alexander Knaster images

Biography/Timeline

1959

Knaster was born in Moscow in 1959 to a Jewish family of academics. His Father, Mark Knaster, who held several patents relating to metal coatings, batteries and solar cells, worked in a number of respected scientific institutions, including USC. His mother, Tatyana Knaster, is a civil Engineer who taught at Pennsylvania Institute of Technology.

1980

Knaster immigrated to the United States at the age of 16 with his family. He graduated with a B.S. electric engineering and mathematics from Carnegie Mellon University which he attended on a scholarship. In 1980, he accepted a job as an Engineer with Schlumberger working on their oil platforms in the Gulf of Mexico.

1985

After graduating in 1985 with an MBA from Harvard Business School and working at several investment banks, he returned to Russia in 1995 to work as CEO of the Russian branch of Credit Suisse First Boston. He also earned a PhD in Economics from the Russian Academy of Science. In 1998, he resigned from CSFB and accepted an offer from Mikhail Fridman to become CEO at Alfa Bank. He was very successful and due to his background in investment banking, Knaster established Pamplona Capital Management in 2004, in which the Alfa Group would invest some of its profit. He chose the name Pamplona after the Pamplona San-Fermin Festival which he attended after graduating from Harvard Business School. His investor pool has since grown beyond Alfa. As of 2013, Pamplona managed over $6.5 billion in assets of which $2.0 billion belongs to the Alfa Group. Knaster also serves as Executive Fellow, London Business School, member of faculty at Department of Strategy and Entrepreneurship.

1993

Knaster is an active philanthropist, who has made significant contributions to different academic institutions, including Carnegie Mellon University and Harvard Business School, where he serves as a regional Campaign Leadership volunteer. In 1993, Knaster established the Alexander M. Knaster Scholarship Fund for undergraduates in the Department of Electrical and Computer Engineering at Carnegie Mellon University. In 2011, in partnership with fellow alumnus Bruce McWilliams, Knaster helped to establish the Knaster-McWilliams scholarships, which allow for increased access to faculty and early research opportunities in addition to tuition assistance. The Alexander M. Knaster Professorship in Mathematical sciences is named in his honor.

2014

In 2014 Knaster established The Mark Foundation for Cancer Research. He has transferred the bulk of his assets to it and plans to develop it to become a leading global donor to early stage cancer research.

2019

Knaster has also generously supported the Dana Farber Cancer Institute and the Dr. Maria I. New Children’s Hormone Foundation, which supports research, physician education, and the cost of care for children suffering from genetic hormonal disorders.