1. Bulat Utemuratov Net Worth US $ 2.5 billion
Bulat Utemuratov ranked number 1 in Kazakhstan’s top 10 tycoons. Bulat Utemuratov estimated net worth is US $ 2.5 billion and he is ranked at first in the list of top 10 richest people of Kazakhstan as appeared in financial magazines such as Forbes and Bloomberg 2019. Bulat Utemuratov is the private equity investor who continues to focus on his banking activities to temper the turn down of his Russian real estate investments which including his Moscow Ritz Carlton.
Verniy Capital which is his asset management company is building the “Talan Towers” that is the US $ 350 million complex in the capital city Astana. In 2007, he made his first bonus when he sold the ATF Bank to United Credit which is an Italian bank against the US $ 2.1 billion and in 2013 he again sold the mining assets to the Glencore Xstrata.