ASTANA – Six businesspeople from Kazakhstan, including Vyacheslav Kim, Timur Turlov, Vladimir Kim, Dinara Kulibayeva, Timur Kulibayev, and Bulat Utemuratov, have entered Forbes’ 2025 World’s Billionaires List.
Photo credit: Neil Jamieson/Forbes
Vyacheslav Kim, the shareholder and chairman of Kaspi Bank, Kazakhstan’s largest payments and fintech company, remains the wealthiest Kazakh businessman with a fortune of $7.1 billion, ranking 464th globally. Mikhail Lomtadze from Georgia, the co-founder of Kaspi, also took 597th place with $5.9 billion.
Timur Turlov, the CEO and founder of Freedom Holding, a Kazakhstan-based retail brokerage, is ranked 605th. His fortune has grown from $3.3 billion to $5.8 billion in a year.
KAZ Minerals and Kazakhmys mineral firm shareholder Vladimir Kim, with a fortune of $5.7 billion, took 620th place.
Timur Kulibayev and Dinara Kulibayeva (the daughter of Former President Nursultan Nazarbayev), the co-owners of Almex and majority shareholders of Halyk Bank, share 673rd place with $5.3 billion each.
Bulat Utemuratov, the ForteBank shareholder with investments in hotels and telecom, ranks 979th with $3.7 billion.
Forbes identified 3,028 billionaires in 2025, a record high, with a combined wealth of $16.1 trillion – “richer than ever.” The United States leads with 902 billionaires, followed by China with 516, including Hong Kong, and India with 205.
