Three Billionaires from Kazakhstan Enter the Forbes List

All of them represent the finance and tech sectors

Photo: Deposit Photos

On April 6, Forbes published an updated list of the world’s billionaires. The Richest in 2021 list includes seven billionaires from Kazakhstan, three of whom are newcomers: Vyacheslav Kim and Mikhail Lomtadze (Kaspi.kz) and Timur Turlov (Freedom Holding Corp.).

The wealth of 51-year-old Vyacheslav Kim is about $3.3 billion, according to Forbes. Mikhail Lomtadze, who is the 45-year-old CEO and co-founder of Kazpi.kz has made a fortune of $3.2 billion. These two businessmen took 925th and 956th positions in the world’s richest list. The third newcomer to the list is 33-years old Timur Turlov with $2.1 billion. His position in the list is #1517.

There are three other businessmen from Kazakhstan: 60-year-old Vladimir Kim with $4.6 billion (622nd position), whose fortune is based on natural resources and metals. Bulat Utemuratov, a 63-year-old businessman with a wealth of $3.4 billion is in the 891st position. His core business is natural resources, banking services and hotels.

The 1111th position of the Forbes list is held by a couple of Timur (54 years old) and Dinara Kulibayev (53 years old), who have $2.8 billion each. They have made their fortune on banking services.

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