German Khan
Moscow, Russia
Bachelor of Arts/Science, Moscow Institute of Steel and Alloys
Russia
oil, banking, telecom, Self Made
$10,300,000,000
139
#140 Billionaires 2019
Ukraine native German Khan controls Alfa Group and LetterOne (Luxembourg), with fellow billionaires Mikhail Fridman and Alexei Kuzmichev.The college pals have been partners since 1989, when they started commodities trader Alfa-Eco.He is a co-founder of Alfa Bank, the largest non-state owned bank in Russia. Alfa Group's Tyumen Oil company merged with BP's Russian assets in 2003 to form TNK-BP. After 10 years, the partners sold their 25% stake for $14 billion.
Khan, who has Israeli citizenship, wanted to immigrate to Israel in the late 1980s, but Fridman convinced him to stay and start a business with him in Moscow.Together with Fridman he filed defamation lawsuits in connection with the Trump dossier against Buzzfeed and research and intelligence firm Fusion GPS.In August 2018, libel charges against the Trump dossier author, Christopher Steele, and Fusion were dismissed.
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