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2440
In the world today
Said Gutseriev

Said Gutseriev

S. Gutseriev
0.03% | + $0.41M
$1.58 B ₹ 14,350 Cr
Real Time Net Worth #2440 Ranking as of 21 Feb 2026 By Forbes

More on Said Gutseriev

Gender

Male

Age

37Y

Country

Russia

Born On

April, 1988

Deceased

No

Relationship Status

Married

Children

Unknown

Education

University Of Oxford

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited (Expanded Family Business)

Primary Organization

Safmar Group

Titles

Shareholder

Sources of Wealth

Safmar Group

Industry

Finance, Fintech, Cryptocurrency, Oil & Gas

About Said Gutseriev


S aid Gutseriev is a Russian billionaire who is the son of the prominent oligarch, Mikhail Gutseriev. He has inherited and also built his own fortune in the family's business empire. The family's Safmar Group is a major conglomerate with interests in oil, coal, real estate, and finance. Said has been deeply involved in the family's financial and technology businesses.

He has built a major presence in the fintech and cryptocurrency industries in Russia. He gained notoriety in the UK for his acquisition of the payments company, Wirex. However, following the 2022 invasion of Ukraine, he, along with his father, has been sanctioned by the United States and other Western countries, which has impacted his business interests. He is a key member of the new generation of the Russian business elite.

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Quick Reads


  • He is the son of the Russian oligarch Mikhail Gutseriev.
  • His family controls the Safmar Group, a major Russian conglomerate.
  • He has been heavily involved in the family's finance and technology businesses.
  • Has been sanctioned by the U.S. and other countries.
  • A key figure in Russia's fintech and crypto industries.

Early Life and Background


Said Mikhailovich Gutseriev is a Russian businessman, the billionaire Co-owner and Executive of Safmar Group, a massive, privately held conglomerate spanning oil, banking, real estate, and retail (e.g., M.Video electronics). His wealth is generational, tied to the industrial empire founded by his father, Mikhail Gutseriev.

Gutseriev holds an M.A. in Management and Finance from Oxford University and studied Petroleum Engineering at Plymouth University. His philosophical approach centers on generational stewardship, technological modernization, and long-term asset hold in the essential energy, finance, and industrial sectors.

  • Safmar Group (Executive & Co-owner): The core private asset, a massive conglomerate spanning oil, banking, real estate, and retail (controlling major assets like M.Video electronics retail).
  • Resource Focus: His success is built on scale acquisition and vertical integration across the oil and industrial supply chains.
  • Academic Background: He holds an M.A. in Management and Finance from Oxford University.
  • Controversy/Sanctions: His family's business is linked to political volatility and has faced international sanctions (reflecting the high-stakes political environment).

Career Journey of Said Gutseriev


Said Gutseriev's strategic leadership involves managing the immense Safmar Group empire, focusing on retail (M.Video) and banking assets. He assumed a key executive role, successfully modernizing the group's operations and driving technological efficiency. His structural contribution is immense: driving the professionalization and modernization of the Russian retail and banking sectors.

He assumed a larger governance role after his father stepped down following sanctions. His wealth is secured by the colossal, long-term, stable profitability of the global oil, retail, and industrial sectors.

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Said Gutseriev's Timeline


2000s (approx.):

Graduates with an M.A. in Management and Finance from Oxford University (Academic Achievement).

2010s:

Said Gutseriev assumes an executive role in the Safmar Group (Executive Ascent).

2022 (approx.):

Assumes a larger governance role following sanctions on his father (Succession/Crisis).

Ongoing:

Continues as Co-owner and Executive, guiding the massive conglomerate (Executive Oversight).

Major Business Ventures and Investments


Said Gutseriev's wealth is concentrated in his family's controlling ownership and executive leadership of the private conglomerate, Safmar Group, and its publicly traded subsidiaries.

  • Safmar Group (Executive & Co-owner): The core private asset, a massive conglomerate spanning oil, banking, real estate, and retail (controlling major assets like M.Video electronics retail).
  • Resource Focus: His success is built on scale acquisition and vertical integration across the oil and industrial supply chains.
  • Academic Background: He holds an M.A. in Management and Finance from Oxford University.
  • Controversy/Sanctions: His family's business is linked to political volatility and has faced international sanctions (reflecting the high-stakes political environment).

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Philanthropy and Social Impact


Said Gutseriev's social impact is structural, stemming from Safmar Group's role as a massive employer and foundational provider of essential energy, retail, and financial services across Russia. His family's foundation supports various educational and community initiatives. His structural contribution is tied to the successful generational transition and stable private control of a critical Russian industrial asset.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Said Gutseriev maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the global industrial sector.

Residing in Moscow, Russia, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to corporate governance, strategic investment, and asset management.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is a Co-owner and Executive of Safmar Group (oil, banking, real estate, M.Video retail).
  • He holds an M.A. in Management and Finance from Oxford University.
  • His family's fortune is tied to the successful privatization of Russian oil and industrial assets.
  • His father, Mikhail Gutseriev, was sanctioned, leading to Said taking a more prominent role.
  • He is known for maintaining a private profile despite his vast corporate interests.
  • His wealth is estimated at $1.8 billion (2024 estimate).
  • His philosophy emphasizes generational stewardship and technological modernization.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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