Volozh has a background in computer science and studied applied mathematics at Gubkin Russian State University of Oil and Gas. He worked at a state pipeline research institute and started his own business importing personal computers from Austria. He co-founded several IT companies which included a Russian provider of wireless networking technology InfiNet Wireless. He co-founded CompTek International in 1989 and established Arkadi Company in 1990. In 2013 Yandex had a revenue of $39.5 billion rub., an operating income of $12.8 billion rub., and a net income of $13.5 billion rub.