Portrait of Alisher Usmanov

Rank #208

Alisher Usmanov

Net worth $14.1B

Steel, telecom, investments · Russia

Born
Sep 09, 1953
Age
72
Source
Steel, telecom, investments
Residence
Tashkent
Citizenship
Russia
Marital status
Divorced
Children
0
Education
Master, Finance Academy under the Government of the Russian Federation; Master of Laws, Moscow Institute of International Relations

Net worth over time

Biography

  • Alisher Usmanov made his first fortune producing plastic bags, a commodity so scarce in the former Soviet Union that people washed and reused them
  • Uzbekistan-born Usmanov, who has family ties with President of Uzbekistan Shavkat Mirziyoyev, moved to Tashkent in 2022.
  • His largest holding is his stake in iron ore and steel giant Metalloinvest. He also owns stakes in Xiaomi and other telecom, mining and media companies.
  • An early Facebook investor and metals magnate, Alisher Usmanov was hit with U.S., U.K. and EU sanctions in the wake of Russia's invasion of Ukraine.
  • Usmanov headed Gazprom Investholding, a subsidiary of state-run conglomerate Gazprom, from 2000 to 2014.
  • An ex-fencer, Usmanov has led the International Fencing Federation since 2008; he was re-elected in 2022 and 2024 but voluntarily suspended his duties after the sanctions.
  • In 1980, he was convicted of fraud and embezzlement; he served six years. Years later, the Uzbek supreme court ruled that the case against him had been trumped up.
  • After being sanctioned, German authorities blocked a superyacht he used, called Dilbar, from leaving a port while Italian authorities froze the villa in Sardinia.

Financial assets

Exchange Ticker Company Shares Price Currency