Portrait of Mikhail Lomtadze

Rank #692

Mikhail Lomtadze

Net worth $6.0B

Fintech · Georgia

Born
Oct 17, 1975
Age
50
Source
Fintech
Residence
Almaty
Citizenship
Georgia
Marital status
Single
Children
0
Education
Master of Business Administration, Harvard Business School

Net worth over time

Biography

  • Mikhail Lomtadze is a former private equity investor at Russian-focused fund Baring Vostock.
  • Baring Vostock invested in Kaspi in 2006, and Lomtadze became CEO of Kaspi shortly thereafter.
  • In October 2020, Kaspi listed on the London Stock Exchange with a $6.5 billion valuation.
  • Kaspi is the leading digital payments and banking service in Kazakstan, where over 50% of the population use the app.
  • Kaspi generated revenues of $2.5 billion in 2024.

Financial assets

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