⬅ # 111 Steve Cohen|# 113 Leonard Lauder

# 112 Alisher Usmanov 


Real Time Net Worth
as of 5/18/2024
$21.5M (0.13%)

# 112 Alisher Usmanov 


Real Time Net Worth
as of 5/18/2024
$21.5M (0.13%)
OccupationFounder, Metalloinvest
Source of WealthSteel, Telecom, Investments
ResidenceTashkent, Uzbekistan
Marital StatusDivorced
EducationMaster, Finance Academy under the Government of the Russian Federation; Master of Laws, Moscow Institute of International Relations
Age-Adjusted Net Worth$8.69B
Alisher Usmanov
Alisher Usmanov
Net worth: $17.1B

Self-Made Score 

Wealth History

Hover or tap to reveal net worth by year
Loading Chart



Alisher Burkhanovich Usmanov, born on September 9, 1953, is an Uzbek–Russian businessman and oligarch.
He achieved wealth post-Soviet Union collapse through metal and mining operations, and investments.
Usmanov faced U.S., U.K., and EU sanctions in 2022 due to Russia's invasion of Ukraine.
He has family ties with Uzbekistan's President Shavkat Mirziyoyev and moved to Tashkent in 2022.

Early Life and Education

Born in Chust, Uzbekistan, Usmanov spent his childhood in Tashkent.
He pursued a diplomatic career, graduating in 1976 from the Moscow State Institute of International Relations with a degree in international law.
Arrested in 1980 on charges of fraud and embezzlement, he spent six years in a Soviet prison, but the conviction was later overturned in 2000.

Business Career

He became a dollar millionaire before the Soviet Union's collapse, initially earning from producing plastic bags.
Worked at Gazprom Invest Holdings from the late '90s to 2014 and headed the company.
Founded USM Holdings, a global conglomerate with investments in metals, mining, telecommunications, and technology.
Co-founder of Metalloinvest, acquiring stakes in Russian metal and mining businesses.
Invested in competitive video game esports team Virtus Pro in 2015.
Announced plans in 2021 for one of the world's largest HBI eco-plants with Metalloinvest.
Bought Udokan copper license in 2008, developing one of the world's largest copper deposits.

Technology Investments

Invested in Facebook in 2009 with a $200 million stake, later profiting from its IPO in 2012.
Through Mail.Ru Group, made notable investments in Twitter, Groupon, Zynga, Airbnb, Alibaba, and more.
Sold his shares in Facebook and invested in Xiaomi, a Chinese low-cost smartphone maker.

Media Investments

Acquired Kommersant publishing house in 2006.
Co-owner of Russia's second-largest mobile operator MegaFon.
Invested in Russian sports TV channel 7TV and Russian TV music channel Muz-TV.
Sold TV assets to business partner Ivan Tavrin in 2017.

Sport-Related Activities

Shareholder of Arsenal F.C. from 2007 to 2018.
Entered a deal with Everton F.C. for naming rights of training ground Finch Farm in 2017.
President of the International Fencing Federation from 2008 to 2022.
Supported fencing through the charity fund 'For the Future of Fencing.'


Faced suppression of online criticism and allegations of corruption.
Owned Kommersant during a controversy over an unflattering issue on Vladimir Putin in 2011.
Hired a PR firm to edit his Wikipedia article, removing information on criminal convictions.
Faced US Senators' calls for sanctions over alleged corruption in 2018.

Sanctions and Legal Issues

EU, U.S., and UK imposed sanctions in 2022 due to the Russian invasion of Ukraine.
Task force in Germany tracked Usmanov's funds, but court invalidated search orders in 2023.
Facing legal challenges in Germany, including a complaint filed with the Constitutional Court.
Sanctions enforcement in Hungary and Uzbekistan faced opposition.

Personal Life

Usmanov, a Muslim, married rhythmic gymnastics coach Irina Viner in 1992 and filed for divorce in May 2022.
Has a stepson with Irina Viner, who is a real estate investor.
Owns luxury properties including Sutton Place, Beechwood House, a Moscow property, and a villa in Sardinia.
Owns three luxury yachts named Dilbar, with the latest being the world's largest yacht by gross tonnage.

How long would it take you to become as rich as Alisher Usmanov?

If you started with $10,000 and invested an additional $500 each month at a 44.10% CAGR, it would take you 5 years to reach Alisher Usmanov's net worth of $17.1B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 42.76% compared to 11.89% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Alisher Usmanov is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Alisher Usmanov, Steel, Telecom and Investments are the primary sources. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey