Megdet Rahimkulov is a successful investor who has managed his own portfolio and is now the CEO of a joint venture between Gazprom and MOL. He has also owned shares in Gazprom, VTB, MOL, and OTP. In 2007, he sold his bank and used the proceeds to purchase shares in MOL and OTP. He is a shrewd investor who has made a fortune from his investments.
Megdet Rahimkulov is a member of Investments
holdings in OTP Bank
former executive (Gazprom)
former head of Panrusgaz and Általános Értékforgalmi Bank
"the wealthiest Hungarian"
Board member of
OTP Bank
Children
Timur
Ruslan
and one other son
💰 Net worth: $2.2 Billion (2024)
As of 2024, Megdet Rahimkulov's net worth is estimated to be an impressive $2.2 billion. Rahimkulov has gained prominence for his successful investments in Russia. With a keen eye for strategic opportunities, he has made astute financial moves that have contributed to his substantial wealth. Rahimkulov's business acumen and ability to identify lucrative prospects have positioned him among the top investors in the country. His accumulated fortune signifies his remarkable achievements and serves as a testament to his shrewd investment strategies.
2010
$1.4 Billion
2011
$1.6 Billion
2012
$1.2 Billion
2013
$1.4 Billion
2014
$1.15 Billion
2016
$1 Billion
2017
$1.4 Billion
2018
$1.92 Billion
Biography/Timeline
1971
In 1971, Rahimkulov, still a student, took a job at the USSR Ministry of the Gas Industry.
1973
Rahimkulov received his first higher education at the All-Union Correspondence Financial and Economic Institute. He graduated in 1973. In 1978, Rahimkulov earned a second diploma from the State University of Management in Moscow.
1989
After graduating from State University of Management, Rahimkulov became deputy head of Soyuzgazavtomatiki, a Mingazprom enterprise. From 1989 to 1992, he was the general Director of Gazexport. In 1992, Rahimkulov was appointed General Director of OOO Interpromkom (InterProm), a company that supplied IT equipment to Gazprom.
1990
Rahimkulov became a Chief Executive and 10% owner of a Gazprom and MOL joint venture in the mid 1990s. MOL is a Hungarian multinational oil and gas company. When Gazprom acquired AEB, a Hungarian bank, Rahimkulov maintained a 6% direct holding in the bank until 2011. Rahimkulov and his sons, Ruslan and Timur, sold their entire share of MOL to VCP Capital Partners Unternehmensberatung AG in September of 2011.
2017
Rahimkulov bought shares in OTP, a leading Hungarian bank, with the proceeds from the MOL sale. As of September 2017, he and his sons own 24,186,511 shares in OTP, giving them 8.64% ownership of the company.