Alisher Usmanov Net Worth – How Much is Alisher Usmanov Worth?

Alisher Usmanov, the Uzbek-Russian businessman and oligarch, has amassed an impressive net worth over the years. As of 2023, his estimated net worth stands at a staggering $14.5 billion. Usmanov’s wealth is a result of his successful ventures in various industries, strategic investments, and business acumen.

With a background in metal and mining operations, Usmanov has made significant contributions to the industry. His investments in companies like Metalloinvest, Xiaomi, and several telecom, mining, and media companies have further added to his wealth. Additionally, his strategic investments in globally renowned companies like Facebook, Apple, Airbnb, Groupon, and Alibaba have played a pivotal role in his financial success.

Through his holdings in Metalloinvest, a Russian industrial conglomerate specializing in iron ore and steel, Usmanov has solidified his position as a prominent figure in the business world. His portfolio includes a range of metal and mining businesses such as Mikhailovsky GOK, Lebedinsky GOK, and Ural Steel.

Aside from his business ventures, Usmanov is also known for his philanthropic contributions. He has established the Art, Science, and Sport Charity Fund, which supports initiatives in culture, education, and sports. His generosity has earned him recognition as one of the most generous philanthropists by The Sunday Times.

Despite facing challenges, including sanctions imposed by the European Union and the United States, Usmanov continues to thrive in the business world. His net worth has experienced fluctuations over the years, influenced by market conditions and the valuation of his assets.

Key Takeaways:

Alisher Usmanov’s net worth stands at an estimated $14.5 billion as of 2023.
His wealth is a result of successful ventures in metal and mining operations, strategic investments, and business acumen.
Usmanov holds significant shares in Metalloinvest and has investments in companies like Xiaomi, Facebook, Apple, Alibaba, and more.
He is recognized for his philanthropic contributions, notably through the Art, Science, and Sport Charity Fund.
Despite facing sanctions, Usmanov continues to thrive and adapt to the changing business landscape.

Alisher Usmanov’s Business Ventures and Investments

Alisher Usmanov, the Uzbek-Russian businessman and oligarch, has built a diverse portfolio of business ventures and investments that have contributed to his tremendous success and wealth. Let’s take a closer look at some of his notable ventures.

Shareholder of Metalloinvest

One of Usmanov’s significant business interests is his ownership stake in Metalloinvest, a leading Russian industrial conglomerate. He holds a 49% share in the company, which specializes in mining and metallurgy. Metalloinvest’s diverse operations include iron ore and steel production, mining services, and related infrastructure. Usmanov’s involvement in Metalloinvest has played a pivotal role in his business empire and overall net worth.

Investments in Xiaomi and Telecom

In addition to his stake in Metalloinvest, Usmanov has diversified his investment portfolio into various other sectors. He has made strategic investments in Xiaomi, a prominent Chinese technology company known for its smartphones and smart devices. Furthermore, Usmanov has also invested in several telecom companies, cementing his presence in the telecommunications industry.

Strategic Investments in Media and Mining Companies

Usmanov’s business acumen extends beyond mining and technology sectors. He has made strategic investments in media companies, including Mail.Ru Group, a leading internet company in Russia. Additionally, Usmanov has shown a keen interest in mining and owns stakes in several mining companies, leveraging his expertise in this sector.

“Diversification across different industries has been a key strategy for Usmanov, allowing him to navigate various market conditions while expanding his business empire.”

Major Investments in Global Companies

Known for his savvy investment choices, Alisher Usmanov has made significant investments in some of the world’s most valuable companies. Notable examples include Facebook, Apple, Airbnb, Groupon, and Alibaba. These strategic investments have not only brought substantial financial returns but also helped Usmanov establish his influence in the global business landscape.

Usmanov’s portfolio of investments reflects his entrepreneurial spirit, risk-taking mindset, and his ability to identify promising opportunities across different industries. By diversifying his business ventures, he has built a robust and successful empire, solidifying his position as one of the wealthiest individuals in the world.

Usmanov’s Success Story and Achievements

Alisher Usmanov’s success story is a testament to his exceptional entrepreneurial journey, marked by transformative achievements and strategic acumen. From humble beginnings in the plastic bag production business, Usmanov has risen to become a prominent figure in the global business landscape, capturing the essence of resilience, determination, and innovation.

His unwavering commitment to success has propelled him to amass significant wealth and establish a remarkable portfolio of accomplishments across various industries.

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“Alisher Usmanov’s achievements reflect his unwavering dedication, strategic vision, and relentless pursuit of excellence. His ability to identify and seize promising investment opportunities has enabled him to build an impressive business empire, leaving an indelible mark on the global business landscape.”

Investment and Business Milestones

Successful expansion of Metalloinvest, a leading Russian industrial conglomerate specializing in iron ore and steel
Strategic investments in prominent companies like Xiaomi, Facebook, Apple, Alibaba, and more
Notable contributions to the growth of VK (VKontakte) and Mail.Ru Group
Ownership of MegaFon, Russia’s second-largest mobile telephone operator

Year
Business Achievements

1980s
Established and grew a successful plastic bag production business

1990s
Expanded into banking and finance, holding key positions in financial institutions

2000s
Became the General Director of Gazprom Investholding

Present
Continued success through strategic investments and diversified business ventures

Usmanov’s business achievements have not only shaped his personal success but have also contributed to the growth and development of industries worldwide. His relentless pursuit of excellence and remarkable instincts continue to propel him forward, solidifying his status as one of the most influential business figures of our time.

Usmanov’s Business Career

Throughout his remarkable career, Alisher Usmanov has proven himself to be a savvy entrepreneur with a keen business acumen. His journey to success began with humble origins, as he ventured into the production of plastic bags and quickly amassed a fortune.

Building on this early success, Usmanov transitioned into key positions in financial institutions, gaining valuable experience and knowledge in the business world. His strategic decision-making and ability to identify profitable opportunities propelled him to new heights.

One of the pivotal milestones in Usmanov’s business career was his appointment as the General Director of Gazprom Investholding. This position provided him with a platform to showcase his leadership abilities and make significant contributions to the company’s growth and success.

Usmanov’s entrepreneurial spirit has been instrumental in his ability to navigate complex business landscapes and pursue ventures across various industries. His visionary approach and calculated risk-taking have allowed him to establish a diverse portfolio of investments, spanning sectors such as technology, mining, media, and telecommunications.

“The key to success in business is seizing the right opportunities at the right time, and having the courage to pursue them,” Usmanov once remarked. His commitment to innovation, coupled with his unwavering determination, has propelled him to become one of the most prominent entrepreneurs of our time.

Usmanov’s business career exemplifies the power of ambition, strategic thinking, and perseverance. His remarkable journey from plastic bags to becoming a prominent figure in the global business landscape serves as an inspiration to aspiring entrepreneurs.

To further understand the scope and impact of Usmanov’s diverse business ventures, let’s take a closer look at his notable investments and companies in the following categories:

Metal and Mining
Telecom
Media

These industries have played a crucial role in shaping Usmanov’s business empire and contributing to his remarkable success.

Usmanov’s Holdings in Metalloinvest

One of Alisher Usmanov’s largest holdings is his stake in Metalloinvest, a Russian industrial conglomerate specializing in iron ore and steel. His investments in Metalloinvest have significantly contributed to his net worth. Through Metalloinvest, Usmanov owns a diverse portfolio of metal and mining businesses. Some of the notable companies under Metalloinvest include:

Company Name
Industry

Mikhailovsky GOK
Iron Ore

Lebedinsky GOK
Iron Ore

Ural Steel
Steel

These businesses play a crucial role in the production and supply of iron ore and steel products, making them integral to the global metal and mining industry. Usmanov’s strategic investment in Metalloinvest has further solidified his position as a prominent figure in the sector.

By diversifying his holdings in Metalloinvest, Usmanov has created a robust portfolio that leverages the demand for iron ore and steel. This strategic move has not only contributed to his wealth but also positioned him as a key player in the steel and mining market.

Usmanov’s involvement in Metalloinvest reflects his keen understanding of the industry and the potential for growth and profitability. As the demand for steel and iron ore continues to rise, his holdings in Metalloinvest are likely to play a pivotal role in shaping his future business endeavors.

Impact of Metalloinvest on Usmanov’s Net Worth

The success of Metalloinvest and its affiliated companies has had a significant impact on Alisher Usmanov’s net worth. The consistent growth and profitability of these businesses have contributed to his overall wealth accumulation. As Metalloinvest continues to thrive in the global market, Usmanov’s net worth is expected to benefit from the success of his holdings in the conglomerate.

Usmanov’s Role in VK and Mail.Ru Group

Aside from his business ventures in Metalloinvest and other industries, Alisher Usmanov is also known for his significant involvement with VK (previously VKontakte) and Mail.Ru Group, two prominent technology companies. Usmanov became a shareholder of DST and VK, and through his investments, he has played a crucial role in shaping the development and success of these platforms.

“Investing in VK and Mail.Ru Group was a strategic move for me,” Usmanov once stated. “These platforms have immense potential for growth and innovation, and I wanted to be part of that journey.”

VK, founded in 2006, is one of the largest social networking platforms in Russia and aspires to connect people worldwide. It offers a wide range of features, including communication tools, multimedia sharing, and community building. Through his involvement in VK, Usmanov has contributed to its continuous evolution and expansion.

Mail.Ru Group, on the other hand, is an internet company that operates a diverse portfolio of online services, including email, instant messaging, social networking, and gaming. Usmanov’s investment in Mail.Ru Group has helped propel the company’s growth and establish its position as a leading player in the digital industry.

Usmanov’s vision and expertise have provided valuable strategic guidance to VK and Mail.Ru Group, enabling them to navigate the dynamic landscape of technology and social media platforms. His involvement in these companies illustrates his commitment to supporting innovative ventures and driving their success in the digital age.

Usmanov’s role in VK and Mail.Ru Group showcases his ability to identify promising opportunities in the technology sector and contribute to their development. His investments and strategic decision-making have not only propelled his own success but have also fueled the growth of these technology giants.

Usmanov’s Ownership of MegaFon

One of Alisher Usmanov’s notable business ventures is his ownership of MegaFon, Russia’s second-largest mobile telephone operator. Usmanov holds a 49% stake in the company, making him a significant player in the telecommunications industry. This ownership has not only contributed to Usmanov’s growing wealth but also expanded his business portfolio.

MegaFon, with its extensive network and customer base, presents a lucrative opportunity for Usmanov. The company provides mobile and fixed-line voice services, high-speed internet, and a range of digital solutions to its customers. With the ever-increasing demand for mobile communication services, Usmanov’s ownership of MegaFon positions him at the forefront of the mobile operator industry in Russia.

Being a key player in the telecommunications sector aligns with Usmanov’s portfolio of diverse investments. His strategic approach to business has allowed him to tap into various industries and capitalize on their growth potential. Through MegaFon, Usmanov continues to leverage the opportunities presented by the mobile operator market and further solidify his presence as a successful businessman.

Usmanov’s Portfolio Investments

In addition to his holdings in Metalloinvest and other companies, Alisher Usmanov has made notable investments in various international technology companies. His diverse portfolio includes investments in renowned companies such as Facebook, Twitter, Groupon, Zynga, Airbnb, and Alibaba, among others. These strategic investments have not only enabled Usmanov to expand his business empire but have also contributed to his impressive net worth.

Usmanov’s investments in the technology sector have positioned him as a prominent figure in the global business landscape. These ventures have allowed him to capitalize on the rapid growth and innovation of the tech industry, securing his position as one of the world’s wealthiest individuals.

“I believe in the potential of technology to revolutionize various industries and drive economic growth. My investments in these innovative companies reflect my commitment to staying at the forefront of technological advancements and reaping the benefits of their success.”
– Alisher Usmanov

By investing in companies like Facebook and Alibaba, Usmanov has not only gained financial returns but has also acquired influence within the technology sphere. These investments have provided him with opportunities to collaborate with leading tech entrepreneurs and contribute to the direction and growth of these companies.

Usmanov’s portfolio investments showcase his foresight and strategic mindset, as he has identified promising companies in their early stages and capitalized on their potential for growth. This has solidified his position as a savvy investor and further diversified his already impressive business portfolio.

Redefining the Tech Landscape

The technological advancements and market dominance of the companies in which Usmanov has invested have significantly impacted various sectors. Let’s take a closer look at some of his prominent portfolio investments:

Company
Industry

Facebook
Social media

Twitter
Social media

Groupon
E-commerce

Zynga
Gaming

Airbnb
Online marketplace

Alibaba
E-commerce

These companies have revolutionized their respective industries, transforming the way we communicate, shop, and engage with digital platforms. Usmanov’s strategic investments in these tech giants have not only yielded impressive financial returns but have also played a significant role in shaping the modern digital landscape.

Usmanov’s Philanthropic Contributions

Aside from his notable business ventures, Alisher Usmanov is also recognized for his philanthropic efforts. One of his significant contributions is the establishment of the Art, Science, and Sport Charity Fund. This fund supports various initiatives in the fields of culture, education, and sports, making a positive impact on society and benefiting countless individuals.

Through his philanthropy, Usmanov aims to promote and advance the arts, scientific research, and athletic development. His support has helped fund educational programs, scholarships, and cultural events, fostering creativity, innovation, and excellence.

Notably, Alisher Usmanov’s charitable actions have been widely acknowledged, earning him the distinction of being named the most generous philanthropist by The Sunday Times. This recognition underscores his commitment to giving back and improving the lives of others.

The Art, Science, and Sport Charity Fund

The Art, Science, and Sport Charity Fund, founded by Alisher Usmanov, focuses on supporting projects and initiatives that positively impact society and contribute to cultural, educational, and sports development.

“I believe that the role of philanthropy is to support the development of culture, science, and sports in order to improve the quality of life for everyone.”

The fund’s endeavors include:

Providing access to quality education and promoting innovative educational programs
Supporting scientific research and advancements in various fields
Promoting the arts and preserving cultural heritage
Fostering the development of sports and providing opportunities for young athletes

By investing in these areas, the Art, Science, and Sport Charity Fund aims to create a positive and lasting impact on society, empowering individuals and communities to thrive.

Alisher Usmanov’s Personal Life and Background

Alisher Usmanov, born on September 9, 1953, in Chust, Uzbek SSR, is not only a successful businessman but also has an intriguing personal life and background. Before embarking on his business ventures, Usmanov had a career in diplomacy, showcasing his versatile skills. However, his journey to success has not been without challenges.

Usmanov faced a conviction in the past, which was later overturned, demonstrating his resilience and ability to overcome obstacles. He has emerged stronger, using his experiences to shape his future endeavors.

Outside of his business pursuits, Usmanov’s personal life includes his marriage to Irina Viner, a prominent rhythmic gymnastics coach. Their union reflects the combination of their individual passions and achievements.

“Success in business is only meaningful if it complements the happiness and fulfillment we find in our personal lives.” – Alisher Usmanov

Now let’s take a closer look at the impact of sanctions on Usmanov’s business empire, which has had far-reaching consequences on his ventures and investments.

Alisher Usmanov’s Personal Life Overview

Date of Birth
September 9, 1953

Place of Birth
Chust, Uzbek SSR

Career
Diplomat, Businessman

Conviction
Past conviction overturned

Spouse
Irina Viner (Rhythmic Gymnastics Coach)

Impact of Sanctions on Usmanov

Following Russia’s invasion of Ukraine, Alisher Usmanov has faced sanctions imposed by the European Union and the United States. These sanctions have had significant consequences on his personal and business life, resulting in travel bans and the freezing of his assets.

Despite the allegations and restrictions, Usmanov has firmly denied any involvement in the events that led to the sanctions. As a response, he has taken legal action and is actively challenging the imposed sanctions in court.

These sanctions have had a profound impact on Usmanov’s reputation and financial well-being. However, it is essential to note that the full extent of the consequences is still unfolding as the legal battle continues.

“The imposed sanctions have been a challenging and disruptive period for me, both personally and professionally. However, I firmly believe in my innocence and am determined to fight these allegations in order to protect my reputation and vindicate the truth.” – Alisher Usmanov

Despite the challenges he faces, Usmanov remains steadfast in his pursuit of justice and maintaining his integrity. The outcome of his legal battles will not only determine his personal future but also have wider implications for the international business community.

The Impact of Sanctions – Travel Bans and Frozen Assets

Travel bans prevent Usmanov from freely moving across the European Union and the United States, limiting his ability to conduct business and engage in various personal and professional activities.
The freezing of his assets has had significant financial implications, potentially restricting his access to funds and hindering his ability to invest or manage his existing business interests effectively.

Usmanov’s influence in the business world has been substantial, making the impact of these sanctions far-reaching. The full extent of the consequences, both for him and the entities he is associated with, remains uncertain as the legal process unfolds.

Legal Action and Ongoing Challenge

Denying the allegations that led to the sanctions, Usmanov has taken legal action to challenge their validity. Through the legal system, he aims to prove his innocence, protect his reputation, and seek redress from the adverse effects these sanctions have had on his personal and professional life.

The outcome of Usmanov’s legal battles will undoubtedly have significant implications for the future of his business endeavors, as well as the broader geopolitical landscape.

While the impact of these sanctions on Usmanov’s long-term wealth and influence is still uncertain, it is evident that they have presented significant challenges to his personal and professional life.

Alisher Usmanov’s Net Worth Over the Years

Alisher Usmanov’s net worth has seen fluctuations over the years, reflecting the changing market conditions and valuation of his assets. In 2019, his net worth was recorded at an impressive $12.6 billion. This substantial wealth grew to $18.4 billion in 2021, showcasing Usmanov’s continued success and the growth of his investments.

As of 2023, Alisher Usmanov’s net worth stands at approximately $14.5 billion. While this represents a decrease from his previous peak, it is important to note that net worth is influenced by various factors, including market trends and investment performance.

The timeline of Alisher Usmanov’s net worth reveals the dynamic nature of his wealth accumulation and underscores his ability to adapt to the ever-changing global business landscape. Despite fluctuations, Usmanov’s net worth remains an impressive testament to his business acumen and strategic investment decisions.

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