Nazarbayev’s Son In Law To Buy Half Of Russian Hospital

Nazarbayev's Son In Law To Buy Half Of Russian Hospital

Kazakh billionaire Timur Kulibayev is going to acquire 50 per cent of clinic in Moscow region, writes site

Son-in-law of Kazakhstan president Nursultan Nazarbaev, Timur Kulibaev has emerged as a key player in Gazprom’s deal with China; he has been on the board of the Russian energy giant since 2009 and has also held several high-level positions in Kazakhstan’s oil and gas sector. An investment in mobile telecom service paid off handsomely in 2004, when a company he controlled sold Kar-Tel, operating in Kazakhstan, to VimpleCom for $350 million. In 2014, he sold his Altynalmas Gold to Polymetal, part-owned by Russian billionaire Alexander Nesis, for cash and company shares. He also owns a majority stake in Halyk Savings Bank (book value: $1.8 billion) with his wife, Dinara. Kulibaev is President of the Kazakhstan Boxing Federation and Chairman of Presidium of the National Chamber of Entrepreneurs.