Top 10 Richest People in Kazakhstan | Kazakhstani Billionaires List in 2023

In this blog post, you will come to know about the top 10 richest people in Kazakhstan.

Well, wealthy people are inspiring not just because they are wealthy, but also because of how they got there. We will go to the stories of how these 10 people got where they are now, Then you might be able to go look for their story on your own.

Because most of the time, only the names of successful people are searched by people and talked about. Kazakhstan has a growing economy in Asia, and its businesspeople and businesswomen are some of the richest people in the world. They bring more wealth and investment to the area.

10 Richest People in Kazakhstan

This article will help you to know about the 10 wealthiest people in Kazakhstan. Here are the 10 richest people in Kazakhstan.

1. Vladimir Kim

As the richest person in Kazakhstan and the 539th richest person in the world, Vladimir Kim is an extremely successful businessman. It is estimated that he has a net worth of $5 billion. Vladimir Kim has been serving as Chairman of the Board for the mining company Kazakhmys. Kim is 61 years old. 

valdimir kim
Vladimir KimKazakhstani Billionaire

Vladimir continues to hold the position of being the company’s largest shareholder, even though it is now known by its new name, KAZ minerals. In Kazakhstan, he owns a total of 16 copper mines. He is one of the wealthiest people in Kazakhstan.

  • Net worth: $ 5 billion (As of 2022)
  • Source of Wealth: Mining, Finance

Suggested Read: Read our travel guide on why you should visit Kazakhstan as a tourist.

2. Timur Kulibayev

timur kulibayev
Timur Kulibayev – Kazakhstani Billionaire

As of 2022, Timur Kulibayev is the second richest person in Kazakhstan and the 786th richest person in the world, according to Forbes. Timur is thought to have a net worth of $3.7 billion. He is the son-in-law of Kazakhstan’s President Nursultan Nazarbayev. He is 55 years old. In the past, he was chairman of the Management Board of the Samruk-Kazyna national welfare fund and a member of the Board of Directors of a company called Gazprom. 

Timur Kulibayev has also worked for a number of state-owned companies and is said to have a lot of power in Kazakhstan’s hydrocarbon industry. He is also the head of the Kazakhstan Boxing Federation and the head of the National Chamber of Entrepreneurs’ executive committee.

  • Net Worth: $ 3.7 billion (as of 2022)
  • Source of Wealth: Business

3. Dinara Kulibaeva

dinara kulibaeva
 Dinara Kulibaeva – Kazakhstani Billionaire

Dinara Kulibaeva, wife of Timur Kulibaeva is the daughter of Nursultan Nazarbaev, the president of Kazakhstan. She is the only woman on the list of Kazakhstan’s richest people. She has a net worth of $3.7 billion, which puts her at 786th in the world and 3rd in Kazakhstan, according to Forbes. 

Dinara Kulibaeva, who was born in Kazakhstan, owns a bank, gold, and an oil service business with her billionaire husband, Timur Kulibayev. She made a lot of money when she sold Altynalmas Gold to Polymetal, which was partly owned by Russian billionaire Alexander Nesis, in exchange for cash and shares in the company. She also has three children.

  • Net Worth: $ 3.7 billion (As of 2022)
  • Source of Wealth: Diversified Business

4. Bulat Utemuratov

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Bulat Utemuratov – Kazakhstani Billionaire

Bulat Utemuratov is 64 years old. He works as a banker and invests in private equity. He is also on the Forbes list of the wealthiest people in Kazakhstan. As of 2022, he was number 1091th on the list of billionaires in the world, and he was worth about $2.8 billion.

Bulat Utemuratov, a private equity investor, has been putting all of his banking assets into a new company called ForteBank. His company that manages assets, Verniy Capital, is building the $350 million Talan tower in Astana. This is another way that he is adding to his real estate portfolio. He also likes tennis, and he is in charge of the Kazakh Tennis Federation.

  • Net Worth: $ 2.8 billion (As of 2022)
  • Source of Wealth: Finance, Telecom, and Hotel Business

Suggested Read: Read our blog post on the most interesting facts about Kazakhstan to know more about the country.

5. Vyacheslav Kim

vyacheslav kim
Vyacheslav Kim – Kazakhstani Billionaire

Vyacheslav Konstantinovich Kim was born in Almaty, Kazakhstan, on June 12, 1969. He is an economist and financier, co-founder and chairman of the Board of Directors at, and President of the Kazakhstan National Taekwondo Federation. In 1996, Vyacheslav Kim got his degree from the Republican Physics and Math School. 

In 1998, he graduated from the Kazakh National Pedagogical University with a finance and economy degree. In 1990, he helped start Konovalov’s Ophthalmology Clinic. In 1993, he helped start the Planet of Electronics Network of Stores and became one of its owners. Vyacheslav Konstantinovich has a net worth of $2.5 billion.

  • Networth: $ 2.5 billion (As of 2022)
  • Source of wealth: fintech

6. Alijan Ibragimov

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Alijan IbragimovKazakhstani Billionaire

Alijan Ibragimov is the 6th richest person in Kazakhstan. He was born in Kyrgyzstan. In 2015, he was the 847th richest person in the world, according to Forbes. His net worth was about $ 2.2 billion. Alijan got this money when he and his longtime friends and business partners, Alexander Mashkevich and Patokh Chodiev, started Eurasian Natural Resources Co. (ENRC). 

Together, these three people are known as the “trio,” and they built Kazakhstan’s huge metal and mining empire, which became the world’s largest natural resource company, ENRC. But since 2013, when the market crashed and fraud investigations grew, his company ENRC has been facing big problems.

  • Net Worth: $ 2.3 billion (Forbes)
  • Source of Wealth: Metals

Suggested Read: Read our blog post on the most famous and top medical universities in Kazakhstan.

7. Rashit Sarsenov

Timur Kulibaev is the 7th richest man in Kazakhstan. The majority of Mr. Sarsenov’s wealth was acquired in 2009 when he purchased KazMunaiGas JSC Mangistaumunaygas and the Pavlodar oil refinery through Central Asia Petroleum Ltd and Refinery Company RT for a combined total of $3.2 billion and $1.2 billion, respectively. 

The sum of $ 735 million represents Rashit Sarsenov’s total wealth. The majority of Rashit Sarsenov’s revenue comes from the sale of oil and the production of metal.

  • Net Worth: $ 735 Million
  • Source of Wealth: Oil trading and Metal Working

8. Dauren Zhaksybek

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Dauren ZhaksybekKazakhstani Billionaire

Dauren Zhaksybek was born on June 30, 1978. Tsesnabank JSC is a subsidiary of Tsesna Garant Insurance Company JSC, and he serves as the Chairman of the Board of Directors for the latter. A lawyer with a degree from the Kazakh state legal academy (2002) and an undergraduate degree from American University (Washington, 2000).

Since the year 2000, he has held the positions of credit officer of a back office and manager of the project financing department at RZB Finance LLC. Networth of Dauren Zhaksybek is $700 Million.

  • Net Worth: $ 700 Million
  • Source of Wealth: Finance

Suggested Read: Read our travel guide on amazing things to bring from Kazakhstan as a tourist.

9. Kenges Rakishev

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Kenges RakishevKazakhstani Billionaire

Kenges Rakishev is a well-known businessman and investor from the country of Kazakhstan. According to Forbes Kazakhstan’s annual ranking, “The top 50 most influential businessmen in Kazakhstan,” he comes in at number five on the list of influential businessmen in Kazakhstan. 

He also comes in at number seven on the list of the 50 richest people in Kazakhstan, according to Forbes Kazakhstan’s annual ranking. The sum of $610 million dollars represents Kenges Rakishev’s total wealth. insurance and financial planning have provided a source of wealth.

  • Net Worth: $ 610 Million
  • Source of Wealth: Insurance Finance

10. Yerkin Tatishev

yerkin tatishev
Yerkin TatishevKazakhstani Billionaire

Yerkin Tatishev, who was born in 1976 is the founder and chairman of the Kusto Group. 

Their economic well-being was dependent on an ecosystem of interdependent mines, factories, and manufacturing units. Networth of Yerkin Tatishev is 4.7 Million. and majorly source of income for Yerkin Tatishev’s come from Business. Timur Kulibaev is the 10th richest man in Kazakhstan.

  • Net Worth: 4.7 Million
  • Source of Wealth: Diversified Business


Our conversation regarding the top 10 richest people in Kazakhstan has come to an end. The richest people or businessmen and businesswomen of Kazakhstan open the door to prosperity and investment in the region. This is because Kazakhstan is a growing economy, both in the Asian region and around the world.

Grain and livestock are numerous in the country’s agricultural sector. It is the first country in the former Soviet Union to receive a credit rating at the investment-grade level. Some of the wealthiest people in the world live in the country. Hope you earn knowledge from this article.

Suggested Read: Want to explore Kazakhstan? Our travel guide on Kazakhstan’s tourist attractions should be your next read.