Suleyman Kerimov Net Worth

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How much is Suleyman Kerimov worth?

$6.5 Billion

Suleyman Kerimov net worth: Suleyman Kerimov is a Russian-born businessman with a net worth of $6.5 billion dollars. Born in Dagestan, USSR, Suleyman Kerimov graduated from Dagestan State University with degrees in Economics and Financial Accounting. He served as the Deputy of the State of Duma, in the lower chamber of Russian Parliament from the late 90s until 2007. In 2006, he was severely injured in a car accident, which required multiple years of recuperation. A savvy investor and financier, he was part of the group of businessmen who launched Fedprombank in the early 90s. He provided credit to large Russian corporations that were struggling, and then earned massive returns when the Russian economy stabilized. In 2008, he sold the majority of his Russian assets as the Russian economy destabilized. He poured much of his wealth into buying shares in such companies as Morgan Stanley, Goldman Sachs, and Credit Suisse. Unfortunately, these companies ended up incurring large losses when the US economy plummeted, and he lost a significant portion of his wealth. He has since largely recovered, by reinvesting in Russian companies.

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Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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