Name
Alisher Usmanov
Alisher Usmanov
Moscow, Russia
Master, Finance Academy under the Government of the Russian Federation | Master of Laws, Moscow Institute of International Relations
Russia
Metalloinvest
steel, telecom, investments, Self Made
$12,700,000,000
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#106 Billionaires 2019
#58 Powerful People 2016
The oligarch's largest holding today is his stake in iron ore and steel giant Metalloinvest.An early Facebook investor, he currently owns stakes in Xiaomi and other telecom, mining and media companies. Usmanov sold his 30% stake in Arsenal Football Club for nearly $700 million in cash in 2018. Usmanov made his first fortune producing plastic bags, a commodity so scarce in the former Soviet Union that people washed and reused them. He headed Gazprom Investholding, a subsidiary of state-run conglomerate Gazprom, from 2000 to 2014.
In 1980, he was convicted of fraud and embezzlement; he served six years. Years later, the Uzbek supreme court ruled that the case against him had been trumped up. An ex-fencer, Usmanov is president of the International Fencing Federation. His wife Irina Viner trained many Russian Olympic medal winners in rhythmic gymnastics.
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