Net Worth

Zelimkhan Mutsoev Net Worth

How rich is Zelimkhan Mutsoev?

Zelimkhan Mutsoev net worth is
$1.3 Billion

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Zelimkhan Mutsoev Net Worth 2017, Biography & Wiki

Zelimkhan Mutsoev Net Worth: Mr. Mutsoev rolled up the greater part of his net worth through his money-making investments in fertilizers and real estate. Now, the Mutsoev family commands the Regions Group, which holds an 8.1% position in leading fertilizer company, Uralkali, and possesses tons of Russian shopping centers. A self made billionaire, Zelimkhan Mutsoev made his starts driving a dump truck on building sites right after he completed school. It was in the late 1980s that he determined to found his own clothes manufacturing company. Off to a great beginning, he went to get part of Pervouralsk, a factory that makes conduits and tubes, by the late 1990s. But because Mutsoev is a person in the State Duma since 1999, he’s gone through some problems for participating in the Polyus Gold out. The difficulties happened together with the passing of a brand new law that barred members of the Russian government to possess assets abroad. Mutsoev still was able to create a way across the law claiming to have sold his 18.5% stake in the business to his brother. Next, he sold his 8.1% stake in Russian fertilizer company Uralkali, right after the so called “potash war.”

Quick Facts

Birth date: 1936-07-25
Profession:Entrepreneur, Businessperson, Scientist
Education:Christ's College, Cambridge
Spouse:Farida Hamied
Parents:Khwaja Abdul Hamied
Siblings:Mustafa Hamied, Sophie Ahmed
Awards:Padma Bhushan, CNN-IBN Indian of the Year in Business

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