Name
Farkhad Akhmedov
Primary Residence
Moscow, Russia
Citizenship
Russia
Source Of Wealth
investments, Self Made
Net Worth
$1,400,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
1511
Forbes List Rank One: Title
#1605 Billionaires 2019
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Summary
Farkhad Akhmedov got his start selling Russian sables at the London commodity exchange. In 1987 he founded Tansley Trading, which supplied equipment to Russian gas producers. Six years later, he became a minority shareholder in Nortgas, an oil and gas company in Siberia.In 1998 he bought out the 44% stake of another investor, Bechtel Energy, and became chairman. In 2012 he sold that stake for $1.4 billion. In 2016, a U.K. High Court judge ordered Akhmedov to pay his ex-wife £454 million, but he refused.
Did you know?
Akhmedov invested $55 million in a pomegranate juice factory in his native Azerbaijan, where his father worked during the Soviet era. Akhmedov's helicopter was seized and sold for around $5.7 million on behalf of his ex-wife in December 2018 after the London court granted his assets be frozen.
Age
63
Categories
Number of Children
3
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