Kazakhstan's Wealthiest Six Individuals Find a Spot on Forbes' 2025 Billionaires Enlistment
Crackin' the Billionaire Club! 🔥
(Photo credit: Neil Jamieson/Forbes)
🇰🇿 Astana, here comes the big news! 6 high-rollers from Kazakhstan have snagged spots on Forbes' 2025 World's Billionaires List. Yep, you heard it right! Six of 'em! 🤑
In the riches race, Vyacheslav Kim remains the cream of the crop, with a whopping $7.1 billion fortune. As the big kahuna of Kaspi Bank, Kazakhstan's largest payments and fintech company, he claims the 464th spot on the global leaderboard. His fellow Kaspi co-founder, Mikhail Lomtadze from Georgia, bags the 597th place, boasting a cool $5.9 billion.
Timur Turlov, CEO and founder of Freedom Holding, rocks the 605th position with a fortune that surged from $3.3 billion to a mind-blowing $5.8 billion within a year! Talk about stock market magic, right?
Settling in at 620th place is Vladimir Kim, a shareholder of KAZ Minerals and Kazakhmys mineral firm, rolling in an impressive $5.7 billion.
Seems like the Kulibayev dynasty is flexing its wealth muscle too, with Timur Kulibayev and Dinara Kulibayeva (daughter of former President Nursultan Nazarbayev) scooping up 673rd place, each bagging a healthy $5.3 billion as co-owners of Almex and majority shareholders of Halyk Bank.
Last but not least, Bulat Utemuratov, the ForteBank shareholder and kingpin of hotels and telecom, landed on the 979th spot with a $3.7 billion fortune.
These guys make the Kazakhstan wealth hierarchy look like a game of Monopoly on steroids!
Now, let's take a look at the global picture: Forbes ID'd no less than 3,028 billionaires in 2025, setting a record high with a combined wealth of a staggering $16.1 trillion. These billionaire babes have never been richer! 💰
The United States takes the lead with 902 billionaires, followed closely by China (including Hong Kong) with 516 and India with 205. So, who says the East can't out-wealth the West? 🧑💼🧑💼👨💼👩💼👨💼
(P/S: Sources suggest that some of these Kazakh business giants were among the top figures in the wealth hierarchy in 2024 and have strong chances of making it onto the global list in 2025. To get the exact rankings and fortunes, though, you'll have to check out the latest Forbes World's Billionaires List.) 📝📝📝
- In the world of finance, these Kazakhstan billionaires are not just investing their wealth, they are shaping the economic landscape of their country.
- The business acumen of these Kazakhstan billionaires is not only reflected in their wealth management strategies, but also in their significant impact on the global wealth-management market.