⬅ # 630 Timur Kulibayev|# 632 Charles B. Johnson ➡

# 631 Dinara Kulibaeva 


Real Time Net Worth
as of 7/12/2024
$11.8M (0.24%)

# 631 Dinara Kulibaeva 


Real Time Net Worth
as of 7/12/2024
$11.8M (0.24%)
OccupationCo-owner, Halyk Bank
Source of WealthBanking
ResidenceAlmaty, Kazakhstan
Marital StatusMarried
EducationDoctorate in Pedagogical Sciences, State Institute of Theatre Arts (GITIS, Moscow)
Age-Adjusted Net Worth$6.46B
Dinara Kulibaeva
Dinara Kulibaeva
Net worth: $4.93B

Self-Made Score 



Dinara Kulibaeva, born on August 19, 1968, in Temirtau, Kazakh SSR, is a Kazakh billionaire heiress and businesswoman, recognized as the second richest person in Kazakhstan.
She inherited wealth from her father, former Kazakh President Nursultan Nazarbayev, and together with her husband, Timur Kulibaev, she co-owns a majority stake in Halyk Bank and engages in various investments, notably in the oil and gas sector.
Kulibaeva holds an MBA from KIMEP University and has been actively involved in educational initiatives, heading the National Education Fund named after her father.
Married to Timur Kulibayev since 1990, they have four children.


Graduated from the Russian Institute of Theatre Arts in 1989.
Received an MBA from KIMEP University in 1998.
Defended her doctoral dissertation on 'Methodological foundations of the management of the educational system of international schools' in 2007.


Headed the National Education Fund named after Nursultan Nazarbayev in 2009.
Jointly owns a majority of Halyk Bank with her husband, Timur Kulibaev.
Their investment portfolio includes ventures in the construction, operation, and servicing of oil and gas wells.
Benefited from the 2014 sale of Altynalmas Gold to Polymetal, increasing her wealth through cash and company shares.

Personal Life

Married Timur Kulibayev in 1990.
They have four children together.

How long would it take you to become as rich as Dinara Kulibaeva?

If you started with $10,000 and invested an additional $500 each month at a 44.15% CAGR, it would take you 5 years to reach Dinara Kulibaeva's net worth of $4.93B.

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 51.86% compared to 19.03% for the S&P 500 benchmark.

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Dinara Kulibaeva 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 Dinara Kulibaeva, Banking is the primary source. 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