Timur Kulibayev
Overview
- Source of Wealth
- Banking
- Industry
- Finance & Investments
- Residence
- Almaty
- Education
- Moscow State University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 3
Assets
- HALYK SAVINGS BANK GDR84,460,000 shares @ --HSBK-GB
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.
About
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.