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Suleiman Kerimov Wiki, Biography, Age, Net Worth, Contact & Informations

Russian businessman, investor, and an active philanthropist, Suleyman Abusaidovich Kerimov, has an estimated net worth of $4.89 billion as of March 2017, according to Bloomberg. He has a degree in financial accounting and economics from Dagestan State University. Kerimov is the owner of football club FC Anzhi Makhachkala in Russian Premier League.
He sold nearly all his Russian assets, including shares in Gazprom, government-owned Sberbank and a massive housing development in suburban Moscow prior to Russia’s 2008 financial meltdown. The money allowed him to settle his debts and also to purchase stakes in a few European banks including Royal Bank of Scotland and Fortis as well as Russia’s largest gold mining outfit, Polyus Gold. Has also invested in real estate company PIK. Most recently, in summer 2010, Kerimov together with fellow billionaires Alexander Nesis and Filaret Galchev bought Dmitry Rybolovlev’s controlling stake in Uralkali, the biggest producer of potassium fertilizers in Russia. He reportedly owns three planes and two yachts. Kerimov was born March 12, 1966 in Derbent, Dagestan (USSR) now a member of the Federation Council of Russia.

Wiki, Biography, Age, Siblings, Information & Contact

Wiki, Age, Family and Relationship

Full NameSuleyman Abousaïdovitch Kerimov,
NicknameSuleyman Kerimov
FatherAbusaid Kerimov
Family Members
Date of BirthMarch 12, 1966
BirthplaceDerbent, Russia
Religion Islam
Marital StatusMarried
SpouseFiruza Kerimova
ChildrenSaid Kerimov, Aminat Kerimova, Gulnara Kerimova
Affair withFiruza Kerimova


ProfessionBusinessman, Investor, Philanthropist and Politician
Active Year1989
Net Worth$4.89 Billion
Assets/PropertiesAnji Makhatchkala, Polyus Gold , Suleyman Kerimov Foundation
EducationDagestan State University (1986–1989), Dagestan Polytechnic Institute (1983–1984)

Physical Stats & More

Eye colorDark Brown
Hair colorGrey
Face ColorWhite

Favourite things

Favourite Food(s)
Favourite Actor(s)
Favourite Actress
Favourite Film
Favourite Singer(s)Amy Winehouse
Favourite Sport
Favourite Song
Favourite Brand(s)

Contact Details


Biography, Net Worth, Informations and Little Known Facts

Net Worth $4.89 Billion
Source of Wealth: Investments

  • Soon after his university graduation in 1989, Kerimov took a job as an economist at the Eltav electrical plant in Makhachkala, the capital of Dagestan. The state-controlled plant supplied transistors and semi-conductors to television-makers, while also producing diodes, microchips and halogen lamps.
  • Eventually, Kerimov rose to the rank of Deputy Director General at Eltav and began to dabble in investing alongside during the fall of the Soviet Union.
  • In 1993, Kerimov was put in charge of handling relations between Eltav and Fedprombank, a Moscow bank established by the electrical company.Fedprombank financed lagging industries and Kerimov and his associates soon became creditors to large utility companies, allowing them to continue to provide key services. Once the Russian economy stabilized, the debts were repaid with hefty returns for Fedprombank and, consequently, Kerimov
  • In 1995, Kerimov was appointed to head the banking and trading company Soyuz-Finans, and by 1997, Kerimov had built a 50% stake in Vnukovo Airlines and used his leverage to take over Fedprombank, buying out his partners’ shares.
  • In late 1999, Kerimov bought a 55% stake in the oil trading company Nafta Moskva, the successor to the Soviet monopoly firm Soyuznefteexport, for $50 million. By 2000, he had increased his stake of Nafta Moskva to 100%. Kerimov undertook a mass restructuring of the company, selling off all of the oil-related aspects and creating an investment and holding company. Nafta’s investments in the mid-2000s included purchase of the business center Smolensky Passazh and AvtoBank.
  • 2008, Kerimov had amassed a 5% stake in Gazprom, a 6% stake in Sberbank, along with an estimated fortune of $17.5 billion, making him the 36th richest man in the world.However, in mid-2008, Kerimov sold all his Gazprom and Sberbank shares.
  • In November 2005, Kerimov’s Nafta Moskva acquired JSC Polymetal, one of Russia’s largest gold and silver mining companies.In 2007, he took the company public on the London Stock Exchange, then sold 70% of his shares in 2008 before gold would go on to climb to an all-time high in 2011In 2008, Kerimov sold control over Polymetal.
  • As markets around the world began to tighten in 2007, Kerimov and his associates expected that Russia would suffer more than the West from the impending economic crisisA concerted effort was thus made to build closer ties with Western banks. Kerimov decreased his stakes in Gazprom and other Russian blue chips and approached Wall Street, proposing to invest the vast majority of his fortune to defend the institutions from short-sellers. In return, it was expected that Kerimov would receive favorable lending terms for future loans.
  • In 2007, Kerimov invested billions in Morgan Stanley, Goldman Sachs, Deutsche Bank, Credit Suisse and other financial institutions.Though neither Kerimov nor the Western banks have disclosed the exact size of his investment, it was sizeable enough for Kerimov to receive a call from the United States Treasury during the darkest days of the economic crisis imploring the Russian oligarch not to sell his stakes.
  • Following his losses during the economic crisis, Kerimov shifted his investment strategy to buying stakes large enough to influence the strategies of the companies he invests in.In 2009, Nafta Moskva bought a $1.3 billion stake (37% stake) in OAO Polyus Gold, Russia’s largest gold producer, from Vladimir Potanin
  • Later the stake was increased up to 40.2%. In 2012 the company held an IPO on the London Stock Exchange.[33] In 2015 Kerimov’s companies consolidated a 95% equity stake in Polyus Gold. After the shares buy-back, the gold miner was delisted from the LSE
  • In the spring of 2009, shareholders of Russia’s construction giant PIK Group sold 25% of their company’s shares to Kerimov. PIK required extra funding after their debt level reached $1.98 billion, and the value of their capital fell by more than 40 times to $279.9 million. Nafta Moskva later increased its stake in PIK Group to 38.3%.
  • In June 2010, Kerimov and his partners Alexander Nesis and Filaret Galchev together paid Dmitry Rybolovlev an estimated $5.3 billion for a 53% stake in Russian potash giant Uralkali, which, together with Belaruskali, makes up the duopoly that controls 70% of the global potash market: the Belarusian Potash Company (BPC).Kerimov secured substantial loans from Russia’s VTB bank for the Uralkali takeover.
  • Forbes magazine describes Kerimov as one of the most private Russian billionaires, who has not given a single interview over 20 years in business.
  • Moscow Times quoted a former deputy editor of Forbes Magazine Russia Kirill Vishnepolsky as describing Kerimov as a “Russian Warren Buffet” for a similarly astute investment style.
  • In 2006 Kerimov was listed among the world’s 100 richest people and as Russia’s eighth richest man ranked by Forbes. He had a net worth of $6.9 billion as of 2014, with the previous years’ net worth estimated at $7.1 billion (2013) and $6.5 billion (2012).In 2015 Kerimov was listed as the 18th wealthiest person in Russia

Quick Facts

Following his car crash in autumn 2006 and resulting medical treatment for severe burns, Kerimov donated €1 million to the non-profit organisation Pinocchio. In 2007, Kerimov founded The Suleiman Kerimov Foundation with the vision to help lives by investing in initiatives that strengthen communities and help those in need. The Suleiman Kerimov Foundation has directed over $60 million to charitable causes.

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