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Timur Kulibayev

Timur Kulibayev

T. Kulibayev
-0.71% | - $-38.01M
$5.35 B ₹ 48,682 Cr
Real Time Net Worth #780 Ranking as of 21 Feb 2026 By Forbes

More on Timur Kulibayev

Gender

Male

Age

59Y

Country

Kazakhstan

Born On

September, 1966

Deceased

No

Relationship Status

Married

Children

3

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth (Political Connections)

Primary Organization

Kazakhstan Association Of Oil-Gas And Energy Sector Organizations

Titles

Chairman

Sources of Wealth

Halyk Bank

Industry

Banking, Oil & Gas, Energy, Investments, Finance

About Timur Kulibayev


T imur Kulibayev is a powerful Kazakhstani oligarch and one of the most influential business figures in Central Asia. He is the son-in-law of Nursultan Nazarbayev, the former longtime president of Kazakhstan. He and his wife, Dinara Kulibayeva (Nazarbayev's middle daughter), have amassed a vast fortune through their control over key sectors of the country's resource-rich economy, particularly in banking and natural resources.

Kulibayev has held a series of powerful positions in major state-owned enterprises, including the sovereign wealth fund Samruk-Kazyna and the state oil and gas company, KazMunayGas. His most valuable asset is his controlling stake in Halyk Bank, the largest commercial bank in Kazakhstan, which he owns jointly with his wife. He has faced widespread criticism and allegations from anti-corruption activists of using his political connections to build his immense business empire. He is also the head of Kazakhstan's National Olympic Committee.

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Quick Reads


  • A powerful Kazakh oligarch who is the son-in-law of former President Nursultan Nazarbayev.
  • He and his wife, Dinara, control Halyk Bank, the country's largest bank.
  • Has held top leadership positions in Kazakhstan's state-owned energy and investment companies.
  • He has been the subject of numerous corruption allegations.
  • He is the President of the National Olympic Committee of the Republic of Kazakhstan.

Early Life and Background


Timur Askarovich Kulibayev is a Kazakhstani businessman, the self-made billionaire Executive and a major figure in Kazakhstan's oil, gas, and banking sectors. His career is rooted in finance, resource control, and strategic political influence.

Kulibayev holds a B.S. in Economics from Moscow State University (MSU). His philosophical approach centers on resource control, strategic privatization, and long-term asset hold in the essential energy and financial sectors (leveraging his close ties to the Kazakh government). His structural wealth is tied to his immense stake in major national resource and banking assets.

  • Kazakh National Assets (Executive & Shareholder): He holds immense controlling interests in Kazakhstan's oil, gas, and energy infrastructure (e.g., KazMunayGas, Halyk Bank).
  • Almex Holding Group (Executive): His private holding company controlling a major stake in Halyk Bank (Kazakhstan's largest lender).
  • Resource Pioneer: His success is built on scale consolidation and dominating the domestic market for essential resource extraction and financial services.
  • Political Ties: He is the son-in-law of former Kazakh President Nursultan Nazarbayev (a source of controversy and structural advantage).

Career Journey of Timur Kulibayev


Timur Kulibayev's strategic genius was his commitment to the state's resource base. He assumed executive roles in major state-owned oil and gas companies before expanding his private interests. His structural contribution is immense: pioneering the modernization and scale of Kazakhstan's oil, gas, and banking sectors (Halyk Bank). His family's wealth is secured by their control over key national financial and industrial assets.

His wealth is secured by the colossal, long-term, stable profitability of the global energy, resource, and financial sectors.

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Timur Kulibayev's Timeline


1989:

Graduates with a B.S. in Economics from Moscow State University (MSU) (Academic Achievement).

1990s:

Timur Kulibayev assumes executive roles in Kazakhstani state enterprises (Corporate Entry).

2000s:

Consolidates private control over Halyk Bank and resource assets (Resource/Financial Apex).

Ongoing:

Continues as Executive and Controlling Shareholder, guiding the massive conglomerate (Executive Oversight).

Major Business Ventures and Investments


Timur Kulibayev's wealth is concentrated in his controlling stake and executive leadership of the private conglomerate, Almex Holding Group, and his stake in publicly traded financial and resource companies in Kazakhstan (e.g., Halyk Bank).

  • Kazakh National Assets (Executive & Shareholder): He holds immense controlling interests in Kazakhstan's oil, gas, and energy infrastructure.
  • Almex Holding Group (Executive): His private holding company controlling a major stake in Halyk Bank (Kazakhstan's largest lender).
  • Academic Background: He holds a B.S. in Economics from Moscow State University (MSU).
  • Political Ties: He is the son-in-law of former Kazakh President Nursultan Nazarbayev.

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Philanthropy and Social Impact


Timur Kulibayev's social impact stems from his companies' roles in providing essential energy resources and financial services that underpin the Kazakh economy. His personal philanthropy supports various educational and community initiatives, often focused on sports, youth development, and cultural heritage in Kazakhstan.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Timur Kulibayev 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 financial sector.

Residing in Almaty, Kazakhstan, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, corporate governance, and resource management.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is a major figure in Kazakh banking and oil/gas.
  • He is the son-in-law of former Kazakh President Nursultan Nazarbayev.
  • His private holding controls a major stake in Halyk Bank (Kazakhstan's largest lender).
  • He holds a B.S. in Economics from Moscow State University.
  • His fortune is tied to the successful monetization and scale of Kazakhstan's resource privatization.
  • 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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