Farkhad Akhmedov
$1.6B
Born
Sep 15, 1955
Age
70
Source of Wealth
Investments
Residence
Moscow,
Citizenship
Russia
Marital Status
Divorced
Children
3
Education
- Farkhad Akhmedov got his start selling Russian sables at the London commodity exchange.
- In 1987 he founded Tansley Trading, which supplied equipment to Russian gas producers.
- Six years later, he became a minority shareholder in Nortgas, an oil and gas company in Siberia.
- In 1998, he bought out the 44% stake of another investor, Bechtel Energy, and became chairman of Nortgas.
- He sold that stake in 2012 for $1.4 billion.
- In 2016, a U.K. High Court judge ordered Akhmedov to pay his ex-wife 454 million British pounds, but he refused. In 2021 Tatiana accepted cash and art and the divorce dispute was settled.
- He is under EU and U.K. sanctions since April 2022. In June 2022 his yacht Luna, valued at about $500 million, was frozen in Germany; In September 2023 the EU removed its sanctions against Akhmedov.
- Akhmedov invested $55 million in a pomegranate juice factory in his native Azerbaijan, where his father worked during the Soviet era.
- Akhmedov's helicopter was seized and sold for around $5.7 million on behalf of his ex-wife in December 2018 after the London court granted his assets be frozen.
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