Rank #792
Timur Kulibayev
Net worth $5.3B
Banking · Kazakhstan
- Born
- Sep 10, 1966
- Age
- 59
- Source
- Banking
- Residence
- Almaty
- Citizenship
- Kazakhstan
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, Moscow State University
Net worth over time
Biography
- Timur Kulibayev is the founder of Altyn Alma, an investment company created in 1992 that later morphed into Almex LLP.
- An investment in mobile service paid off in 2004, when a company he controlled sold Kar-Tel, operating in Kazakhstan, to VimpleCom for $350 million.
- In 2014, he sold Altynalmas Gold to Polymetal, part-owned by Russian billionaire Alexander Nesis, for cash and company shares.
- Kulibayev and his wife, Dinara, own a majority stake in Halyk Bank of Kazakhstan.
- Kulibayev's father-in-law is Nursultan Nazarbayev, Kazakhstan's first president, from 2010 to 2019.
- Timur Kulibayev has been known to deploy layers of offshore entities in his transactions.
- He was on the board of Russian energy giant Gazprom from 2009 to 2022 and has also held high-level positions in Kazakhstan's oil and gas sector.
Financial assets
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