Grizzly Bulls LogoGrizzly BullsHow it WorksCalculator🚀 PremiumBlog
Log In

Grizzly Bulls’ Billionaires Index

⬅ # 665 Peter Gilgan|# 667 Dinara Kulibaeva ➡

# 666 Timur Kulibaev 

$4.46B

Real Time Net Worth
as of 5/19/2026
$45.5M (1.02%)

# 666 Timur Kulibaev 

$4.46B

Real Time Net Worth
as of 5/19/2026
$45.5M (1.02%)
OccupationFounder, Almex LLP
Source of WealthBanking
Age59
ResidenceAlmaty, Kazakhstan
Marital StatusMarried
Children3
EducationBS, Moscow State University
Age-Adjusted Net Worth$4.77B
Timur Kulibaev
Timur Kulibaev
Kazakhstan
Net worth: $4.46B

Self-Made Score 

Rado Captain Cook Automatic Diving Watch with Stainless Steel Strap

Wealth History

Hover or tap to reveal net worth by year
Loading Chart

Biography

Overview

Timur Kulibaev, born on September 10, 1966, in Alma-Ata, Kazakhstan, is a prominent Kazakh business oligarch and the son-in-law of former Kazakh president Nursultan Nazarbayev.
Kulibaev amassed his wealth through strategic investments, particularly in the financial and natural resource sectors, leveraging his influence over Kazakhstan's hydrocarbon industry and holding key positions in state-owned enterprises.
He is most known for his involvement in various business ventures, including the creation of Altyn Alma, the sale of Kar-Tel to VimpleCom, and the sale of Altynalmas Gold to Polymetal.

Early Life Education

Born on September 10, 1966, in Alma-Ata, Kazakh SSR, USSR.
Graduated from Lomonosov Moscow State University in 1988, specializing in 'National Economy Planning.'

Business Career

From 1988 to 1992, worked as a junior research assistant at the Scientific-Research Economics Institute of Planning and Normative Standards (SREIP&NS) under the State Plan of Kazakh Soviet Socialist Republic.
Served as director of the Scientific-Consulting Center of the Fund of Cultural, Social, Scientific and Technological Development of Kazakhstan.
Chairman of the Kazakhstan National Committee of the World Petroleum Council since June 2008.
Former head of Samruk-Kazyna, Kazakhstan's sovereign wealth fund.
Former member of the Board of Directors of Gazprom from 2011 to 2022.
Resigned from the post of chairman of the Board of Samruk-Kazyna on December 26, 2011.
Resigned from Gazprom's board in March 2022.

Business Ventures

Created Altyn Alma in 1992, which later transformed into Almex LLP, engaging in financial and investment activities.
In 2004, sold Kar-Tel, a mobile service company in Kazakhstan, to VimpleCom for $350 million.
Sold Altynalmas Gold to Polymetal in 2014 for cash and company shares.

Controversies

Reported involvement in schemes to skim tens of millions of dollars from contracts made by the Kazakhstani state on pipeline construction, as per Financial Times reports in 2020.
Denied allegations of involvement in the above-mentioned schemes.
Suffered financial losses due to the 2022 Kazakh unrest, losing $200 million after Halyk Bank, where he and his wife held a majority stake, fell 16% at the London Stock Exchange.

Personal Life

Married to Dinara Nursultanovna (née Nazarbayeva), daughter of Nursultan Nazarbayev, Kazakhstan's former president.
Has three children with Dinara Nursultanovna and two children with entrepreneur Goga Ashkenazi.
Acquired Sunninghill Park, a country house formerly belonging to Prince Andrew, in 2007 with the help of Kazakhstani investor Kenes Rakishev.
An avid sports enthusiast, particularly golf, and served as the President of the National Olympic Committee of the Republic of Kazakhstan from September 2015 to February 2024.
Serves as president of the Kazakhstani Boxing Federation.

Timur Kulibaev's Wealth is Equivalent to:

3,434,180 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

844,087 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

45,593 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Timur Kulibaev?

If you started with $10,000 and invested an additional $500 each month at a 39.54% CAGR, it would take you 5 years to reach Timur Kulibaev's net worth of $4.46B.

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 92.00% compared to 55.79% for the S&P 500 benchmark.

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

Timur Kulibaev 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 Timur Kulibaev, 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.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey