The former president was a center of gravity for power and wealth in Kazakhstan. In just a few days of protests, his family and business connections have lost billions.
, have lost a combined $200 million as the value of their stake in London-listed JSC Halyk bank fell 16%. The couple, whoestimates to be worth $3.1 billion each, owns a majority share of the bank, plus sprawling real estate and private investment portfolios.
Timur Kulibaev, age 55, rose up through the ranks in Kazakhstan’s natural mineral industry to become chairman of Samruk-Kazyna National Welfare Fund, later sitting on the board of Russian energy giant Gazprom. In 1992, during the early days of privatisation in Kazakhstan, Kulibaev formed the investment group Altyn Alma to capitalise on the country's emerging opportunities; his group later morphed into Almex LLP.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Belarus leader Lukashenko spoke to Kazakhstan's Nazarbayev - reportBelarus's state news agency said President Alexander Lukashenko had spoken by phone on Friday with Nursultan Nazarbayev, the former leader of Kazahstan who was the target of popular anger this week in mass protests that swept the Central Asian country.
Consulte Mais informação »
Fed's Minutes Report 'Bludgeons' Global Markets — Stocks, Crypto, Precious Metals Slip in Value – Economics Bitcoin NewsAfter the Fed's news published, stock markets roiled, crypto markets shed billions, and precious metals like gold slipped a hair in value as well.
Consulte Mais informação »
Organization of Turkic States ready to support protest-hit KazakhstanMembers of the organisation highlighted confidence in Kazakh authorities to peacefully defuse tensions in the Central Asian nation.
Consulte Mais informação »
Elon Musk’s Fortune Shrinks $30 Billion As Tesla Stock TumblesElon Musk’s fortune currently resembles a yo-yo diet–befitting the first week of January.
Consulte Mais informação »
Elon Musk’s Fortune Shrinks $30 Billion As Tesla Stock TumblesElon Musk’s fortune currently resembles a yo-yo diet–befitting the first week of January.
Consulte Mais informação »
'Inaccurate intelligence' leads to the massacre of 20 members of a family in IraqThe nation's security services initially said a terror suspect killed his own family during a raid, but relatives and neighbors have told a very different story.
Consulte Mais informação »