Alisher Usmanov Net Worth, Age, Family & Biography Founder, Metalloinvest $14.3B Real Time Net Worth #124 in the world today

Avan Parvadiya — Mon, 17 Apr 2023 09:39:01 +0000

About Alisher Usmanov

Let me introduce you to Alisher Burkhanovich Usmanov, a successful businessman and entrepreneur from Uzbekistan who later became a naturalised Russian citizen. He is known for his contributions to the world of business. In the 1980s, Alisher Burkhanovich Usmanov faced serious legal trouble and was imprisoned in the Soviet Union for 6 years on charges of fraud. However, his belief was eventually overturned, which means that the charges against him were ultimately dismissed and he was found innocent.

After the Soviet Union collapsed, Usmanov ventured into metal and mining operations, as well as investments. He is now the majority shareholder of Metalloinvest, a large Russian industrial union that was formed in 2006 by combining the assets of JSC Metalloinvest (Mikhailovsky GOK and Ural Steel) with Gazmetall JSC. This has greatly contributed to Usmanov’s wealth and success in the business world.

Alisher Usmanov shakes hands with Vladimir Putin in 2018

Alisher Usmanov Family

Usmanov, born on September 9, 1953, grew up in Chust, a town in Uzbekistan SSR, Soviet Union. His father was a state prosecutor, and Usmanov spent his childhood in the capital city, Tashkent. He aspired to become a diplomat and eventually moved to Moscow, but it wasn’t easy for him to get accepted into the Moscow State Institute of International Relations. After a year of trying, he finally succeeded and graduated in 1976 with a degree in international law.

Alisher Usmanov Career

Alisher Usmanov returned to Tashkent, his hometown, and was hired as a director at the Soviet Peace Committee’s Foreign Economic Association. Unfortunately, Usmanov’s success was short-lived as he was arrested and found guilty of various charges including fraud, corruption, and theft of state property. One of the allegations against him was that he had demanded money from an Army officer in the Uzbek SSR in August 1980.

Alisher Usmanov achieved millionaire status in the years leading up to the fall of the Soviet Union. During this time, he established a profit company called Agroplast, which produced plastic bags. Following the collapse of the USSR, Usmanov experienced a significant increase in wealth and continued to grow his personal fortune.

Alisher Usmanov Facts

Alisher Usmanov does not have any biological children, but he does have a stepson who is a real estate investor and is currently working on constructing 30 real estate projects.

Boris Berezovsky, a business associate, claimed in 2012 that Usmanov received Sutton Place as part of a business deal. Alisher Usmanov has denied these claims and maintains that he bought the property with his own funds. Even with this controversy, Sutton Place remains a beautiful and impressive property in Usmanov’s possession.

IOC member Alisher Usmanov (L), Elizabeth Leary and ITF President David Haggerty at the USOC Welcome reception at the National Building Museum ahead of the XX ANOC General Assembly 2015 on October 28, 2015 in Washington, DC.