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Suleiman Kerimov & family

Suleiman Kerimov & family

S. family
12.86% | + $2.11B
$18.55 B ₹ 1.7 Lk Cr
Real Time Net Worth #147 Ranking as of 01 Mar 2026 By Forbes

More on Suleiman Kerimov & family

Gender

Male

Age

59Y

Country

Russia

Born On

March, 1966

Deceased

No

Relationship Status

Married

Children

3

Education

Dagestan State University

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Investments)

Primary Organization

Polyus

Titles

Beneficiary

Sources of Wealth

Polyus

Industry

Mining, Gold, Investments, Politics

About Suleiman Kerimov & family


S uleiman Kerimov is a controversial Russian oligarch who has built a vast and often opaque fortune through a series of high-stakes, leveraged investments in major Russian companies. An economist by training, he made his initial wealth during the tumultuous post-Soviet era by acquiring stakes in a variety of businesses. He became known for his aggressive use of debt to finance his deals. His career-defining success came from his large stake in Polyus, which has grown to become Russia's largest gold producer.

Kerimov's career has been marked by significant controversy, including a near-fatal car crash in France, and investigations into tax fraud, though he was never convicted. He has also been a politician, serving as a member of the Federation Council, the upper house of the Russian parliament, representing his home region of Dagestan. Following the 2022 invasion of Ukraine, he has been heavily sanctioned by the United States, the European Union, and the United Kingdom. He has since formally transferred his stake in Polyus to his family.

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Quick Reads


  • His family controls Russia's largest gold producer, Polyus.
  • An aggressive investor known for using leverage to acquire stakes in major companies.
  • He is a politician, serving in the upper house of the Russian parliament.
  • Has been sanctioned by the U.S., EU, and UK.
  • His son, Said Kerimov, now formally controls the family's stake in Polyus.

Early Life and Background


Suleiman Abusaidovich Kerimov is a Russian businessman, the self-made billionaire Senator representing Dagestan in the Russian Federation Council and the Controlling Shareholder of Polyus PJSC (MOEX: PLZL), Russia's largest gold producer. His career is rooted in elite finance, resource acquisition, and high-level politics.

Kerimov holds a B.A. in Economics from Dagestan State University (1989). His philosophical approach centers on opportunistic acquisition, strategic M&A, and long-term asset hold in the essential gold and resource sectors (leveraging his political connections). His structural wealth is tied to his immense stake in Polyus, one of the lowest-cost gold producers globally.

  • Polyus PJSC (Controlling Shareholder): The core publicly traded asset, Russia's largest gold producer (a key global resource player).
  • Resource Pioneer: His success is built on scale acquisition and consolidation of gold and resource assets during the privatization era.
  • Political Role: He serves as a Senator representing Dagestan in the Russian Federation Council.
  • Controversy/Sanctions: His career is marked by political scrutiny, luxury asset controversies, and international sanctions (reflecting his ties to the Russian political elite).

Career Journey of Suleiman Kerimov & family


Suleiman Kerimov's strategic genius was his mastery of leveraged resource acquisition. He started his career in finance and commodities trading before acquiring Nafta Moskva (a former state oil trader) in 1999, which became his private investment vehicle. His structural contribution is immense: orchestrating the consolidation and modernization of Russia's gold and resource base (Polyus Gold). The company is known for its low-cost production and scale.

His structural contribution is tied to his political role, providing him with significant influence over the economy and resource sectors. His wealth is secured by the colossal, long-term, stable profitability of the global gold mining and resource sectors.

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Suleiman Kerimov & family's Timeline


1989:

Graduates with a B.A. in Economics from Dagestan State University (Academic Achievement).

1999:

Acquires Nafta Moskva (Pivotal Acquisition).

2000s:

Kerimov expands aggressively into gold mining (Polyus Gold) (Resource Apex).

2008–Ongoing:

Serves as Senator in the Russian Federation Council (Political Role).

Ongoing:

Continues as Controlling Shareholder of Polyus, guiding the massive resource giant (Executive Oversight).

Major Business Ventures and Investments


Suleiman Kerimov's wealth is concentrated in his family's controlling stake and executive leadership of the publicly traded resource giant, Polyus PJSC (MOEX: PLZL), and his private investment firm, Nafta Moskva.

  • Polyus PJSC (Controlling Shareholder): The core publicly traded asset, Russia's largest gold producer.
  • Nafta Moskva (Private Investment Firm): His private holding company that facilitated major resource acquisitions.
  • Academic Background: He holds a B.A. in Economics from Dagestan State University.
  • Political Role: He serves as a Senator representing Dagestan in the Russian Federation Council.

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Philanthropy and Social Impact


Suleiman Kerimov's social impact stems from Polyus's role as a massive industrial employer and provider of essential gold resources globally. His family foundation supports major initiatives in education, healthcare, and infrastructure in Dagestan, contributing significantly to regional development and social welfare programs.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Suleiman Kerimov 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 resource 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 investment strategy, resource management, and political service.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Controlling Shareholder of Polyus PJSC, Russia's largest gold producer.
  • He serves as a Senator in the Russian Federation Council.
  • His fortune is tied to the successful privatization and consolidation of Russian gold and oil assets.
  • He acquired his investment vehicle, Nafta Moskva, in 1999.
  • He has faced international sanctions due to his ties to the Russian political elite.
  • His philosophy emphasizes resource control and strategic acquisition.

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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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