Suleiman Kerimov
Suleyman Abusaidovich Kerimov is a Lezgian businessman, investor, philanthropist and politician. In 2007, Kerimov established the Suleyman Kerimov Foundation as a vehicle to focus his philanthropic efforts. Since 2008, Kerimov has represented the Republic of Dagestan in the Federation Council of Russia.
- Suleiman Kerimov gets most of his fortune from his 82% stake in Russia’s biggest gold producer, Polyus.
- A trained economist, Kerimov made a career investing in distressed companies in Russia.
- He cashed out and heavily invested in investment banks such as Morgan Stanley and Goldman Sachs before the 2008 financial meltdown. He lost billions.
- Kerimov recovered by betting on Polyus.
- A French court dropped money-laundering charges against Kerimov in June 2018.
