Introduction
Suleyman Kerimov is a powerful and influential figure in both the financial and political arenas of Russia. Known for his strategic investments in energy, banking, and real estate, he is also a seasoned politician and legislator. As of 2023, Kerimov’s net worth is estimated at $16.4 billion, placing him among the richest individuals in Russia and the world. Despite controversies and sanctions, Kerimov has maintained his elite status, continuing to influence markets and policy through his vast wealth and connections.
Profile Summary
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Full Name: Suleyman Abusaidovich Kerimov
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Gender: Male
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Age: 57
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Birthday: March 12, 1966
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Zodiac Sign: Pisces
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Profession: Businessperson, Investor, Legislator, Politician
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Estimated Net Worth: $16.4 Billion
Early Life and Education
Suleyman Kerimov was born in Derbent, Dagestan, a republic in southern Russia. Coming from modest beginnings, he graduated with a degree in civil engineering and economics, a background that laid the groundwork for his rise in business and public service. His career trajectory mirrors that of many Russian oligarchs who gained prominence after the fall of the Soviet Union.
Business Career: From Finance to Fortune
Kerimov made his fortune through strategic investments in high-yield sectors during the privatization wave of the 1990s and early 2000s. Some of his most notable business ventures include:
1. Polyus Gold
Kerimov owns a majority stake in Polyus Gold, Russia’s largest gold producer and one of the largest globally. The soaring value of gold has significantly contributed to the growth of his wealth.
2. Gazprom and Sberbank
In the early 2000s, Kerimov made bold investments in Gazprom, Sberbank, and other blue-chip Russian companies. These moves paid off handsomely and solidified his financial empire.
3. International Investments
Kerimov also invested in international markets, particularly in real estate and financial institutions, expanding his influence far beyond Russia.
Political Career
Kerimov has served in the Federation Council of Russia, the upper house of the Federal Assembly, representing the Republic of Dagestan. His role in politics gives him not only legislative influence but also a strategic platform to safeguard and grow his wealth. He is considered one of the most politically connected businessmen in Russia.
Sanctions and Legal Troubles
Kerimov has been the subject of several international sanctions and legal investigations, particularly in France and the United States. In 2017, he was detained in France over money laundering allegations related to luxury real estate purchases on the French Riviera. While no formal convictions were made, the investigations cast a spotlight on his financial dealings.
Despite the scrutiny, his net worth has remained largely unaffected, underscoring his resilience and adaptability in complex legal and economic environments.
Luxury Lifestyle
Kerimov leads a relatively private life compared to other Russian billionaires, but reports suggest:
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He owns multiple luxury estates, including mansions on the Côte d’Azur.
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His collection includes supercars, yachts, and high-end investments.
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He travels discreetly and avoids extensive media coverage.
Philanthropy and Public Image
Kerimov is involved in philanthropic efforts, mainly through the Suleyman Kerimov Foundation, which supports education, healthcare, and community development projects in Dagestan and the broader Russian region. However, his charitable work is often overshadowed by his financial and political influence.
FAQs
Q1: What is Suleyman Kerimov’s net worth?
A: As of 2023, his net worth is estimated at $16.4 billion.
Q2: How did Kerimov make his fortune?
A: He built his fortune through early investments in Russian energy companies, particularly Polyus Gold, Gazprom, and Sberbank, as well as strategic global real estate holdings.
Q3: Is Kerimov involved in politics?
A: Yes. He has served as a senator in the Federation Council, representing Dagestan.
Q4: Has Suleyman Kerimov faced legal trouble?
A: Yes. He was investigated in France for alleged money laundering but was not convicted. He has also faced international sanctions.
Q5: What companies does Kerimov own?
A: His most significant holdings include a majority stake in Polyus Gold, as well as past stakes in Gazprom and Sberbank.
Conclusion
Suleyman Kerimov stands as a powerful symbol of Russia’s post-Soviet capitalist transformation. With a net worth of $16.4 billion, he embodies the blend of economic might and political influence. While his empire has drawn legal scrutiny and international sanctions, Kerimov continues to wield enormous power through his holdings, his role in government, and his ability to navigate the complexities of global finance.
