Bulat Utemuratov
$3.7B
Born
Jan 01, 1958
Age
67
Source of Wealth
Mining, banking, hotels
Residence
Astana,
Citizenship
Kazakhstan
Marital Status
Married
Children
3
Education
- Bulat Utemuratov is a Kazakhstani investor whose investment portfolio includes holdings in the hotel sector and mobile phone companies Kar-tel and Kyrgyzstan's Sky Mobile.
- In 2012, he led the sale of mineral company Kazzinc to commodities firm Glencore for $1.4 billion in cash and shares, which he sold in 2021.
- Utemuratov purchased 88% of Kazakhstan's Forte Bank for $400 million in 2014.
- He also owns the Burger King franchise in Kazakhstan, which has nearly 50 locations in the country.
- One of his biggest transactions was the 2007 sale of Kazakhstan's ATF Bank to Italian bank UniCredit for a reported $2.2 billion
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