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Timur Kulibayev

Timur Kulibayev
Born Timur Askarovich Kulibayev
(1966-09-10) 10 September 1966 (age 50)
Almaty, Kazakh SSR, USSR
Nationality Kazakhstan
Alma mater Moscow State University
Net worth IncreaseUS$2.1 billion (2015)
Spouse(s) Dinara Nazarbayeva
Children son Altay (1990), daughters Deniza (2004) and Alishya (2010).

Timur Asqaruly Kulibayev (also Qulybaev; Kazakh: Тимур Асқарұлы Құлыбаев; Russian: Тиму́р Аска́рович Кулиба́ев, born 10 September 1966) is a Kazakhstani business oligarch and son-in-law of Kazakh president Nursultan Nazarbayev. Kulibayev has held several positions in important state-owned enterprises that manage Kazakhstan's natural resources, and has immense influence over the country's hydrocarbon industry.

He is the former Chairman of the Management Board of Samruk-Kazyna National Welfare Fund and a member of the Board of Directors of the Gazprom company. As of October 2015, he was listed as the third richest man in Kazakhstan and the 894th richest in the world with a fortune of $2.1 billion. Kulibayev has been called "the most important business figure in the resource-rich" Republic of Kazakhstan by The Daily Telegraph.

Kulibayev was born on 10 September 1966 in Alma-Ata (now Almaty), Kazakh SSR, USSR. In 1988, he graduated from Lomonosov Moscow State University, majoring in "National Economy Planning", making him an economist by profession. He has a Ph.D. in Economics, and defended a thesis on: "Improvement of Organizational and Economic Mechanism of Enterprise Management in Market Environment (based on the oil industry)" (1999). He has a number of research publications. He speaks fluent Kazakh, Russian and English.

From 1988 to 1992, he worked as an economist. He was a junior research assistant at the Scientific-Research Economics Institute of Planning and Normative Standards (SREIP&NS) under the State Plan of Kazakh Soviet Socialist Republic, and was a director of the Scientific-Consulting Center of the Fund оf Cultural, Social, Scientific and Technological Development of Kazakhstan.

In 1990, he was the director of the Research and Consultative Center under the Fund for Cultural, Social and Technological Development in Kazakhstan. He headed Altyn-Alma and was Chairman of the Supervisory Board of Almaty Trade and Industry Bank. In 1997 he was appointed as the head of the Directorate for Project Assessment and Negotiating under the Investment Committee of Kazakhstan (exercising rights of the Deputy Chairman).


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