Forbes Kazakhstan Email

Listing Results Forbes Kazakhstan Email

Frequently Asked Questions

• How much is Kazakhstan’s Freedom bank worth?

  The bank was purchased from another billionaire in Forbes ’ ranks: Bulat Utemuratov, who’s worth an estimated $3.4 billion. In Kazakhstan, Freedom also offers auto insurance policies.

• How rich is Kazakhstan's richest man Vyacheslav Kim?

  Billionaire Vyacheslav Kim, the largest shareholder and chairman of London-listed Kaspi Bank, Kazakhstan's largest payments and fintech company, is $1.4 billion poorer, as Kaspi’s share price plunged 30% from $118 on January 4 to $87 on January 6, taking his estimated net worth from $5.7 billion to $4.2 billion.

• What did Freedom group buy in Kazakhstan?

  In late December, it spent $2.4 million to acquire Kassa Nova, a Kazakhstan bank, which offers consumer credit cards, alongside checking and savings accounts. The bank was purchased from another billionaire in Forbes ’ ranks: Bulat Utemuratov, who’s worth an estimated $3.4 billion. In Kazakhstan, Freedom also offers auto insurance policies.

• What has happened to Kazakhstan’s billionaires?

  The fortunes of the billionaires behind some of Kazakhstan’s best known businesses have tumbled in recent days as the country reels from sprawling national protests against the ruling regime.

• What does Nazarbayev’s family own in Kazakhstan?

  Members of Nazarbayev’s family have stakes in some of Kazakhstan’s most lucrative assets, including Halyk Bank and firms in sectors ranging from telecoms to fuel trading. Our Standards: The Thomson Reuters Trust Principles.

• Who will succeed Nazarbayev as Kazakhstan’s president?

  Nazarbayev has no apparent long-term successor. His decision hit the price of Kazakh bonds, while the London-listed shares of Kazakhstan’s biggest bank, Halyk Bank, tumbled 5 percent. The news also appeared to weigh on the Russian rouble. Moscow is Kazakhstan’s main trade partner.

• Who is Kazakhstan’s new acting president Anis Tokayev?

  The new acting president, 65-year-old Tokayev, is a Moscow-educated career diplomat fluent in Kazakh, Russian, English and Chinese who has previously served as Kazakhstan’s foreign minister and prime minister.

• Who is Kazakhstan’s Nursultan Nazarbayev?

  Nazarbayev, who helped attract tens of billions of dollars from foreign energy companies and more than tripled Kazakh oil output, said he would continue to chair the Security Council and remain leader of the Nur Otan party which dominates parliament.