Portrait of Mikhail Gutseriev

Rank #492

Mikhail Gutseriev

Net worth $7.7B

Oil, coal, real estate · Russia

Born
Mar 09, 1958
Age
68
Source
Oil, coal, real estate
Residence
Moscow
Citizenship
Russia
Marital status
Married
Children
2
Education
Bachelor of Arts/Science, Kazakh Technological Institute

Net worth over time

Biography

  • Mikhail Gutseriev is a founder and the main shareholder of Safmar Group, a conglomerate with interests in oil, coal, real estate and retail.
  • Between 2015 and 2017, he spent $2 billion acquiring banks, pension funds, oil fields, factories, warehouses, real estate and retail companies.
  • In 2017 Binbank, which was headed by his nephew, former billionaire Mikail Shishkhanov, was nationalized by Russian Central Bank.
  • His son Said is a shareholder of Safmar. His father gave him his financial business and a big appliance store chain.
  • Gutseriev was sanctioned by the U.K. and EU in 2021 for being a "longtime friend" of Belarusian dictator Alexander Lukashenko. In 2022 he transferred assets to Kazakhstani Salman Gutsariyev.
  • Gutseriev is an owner of Hotel National, the hotel in Moscow where Donald Trump stayed during his first visit to Russia in 1987.
  • He has eight Russian radio stations, including the popular Radio Shanson, and writes lyrics for songs performed by famous Russian singers.

Financial assets

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