Megdet Rahimkulov

About Megdet Rahimkulov

Birth Day: October 16, 1945
Birth Place: Moscow, Russia, Russia
Birth Sign: Scorpio
Residence: Budapest, Hungary
Citizenship: Hungarian Russian
Occupation: businessman, economist
Known for: 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

Megdet Rahimkulov Net Worth

Megdet Rahimkulov was born on October 16, 1945 in Moscow, Russia, Russia. Megdet Rahimkulov has been a fastidious investor who until recently ran his own diversified investment portfolio. Now his assets are managed by his company in Cyprus. In the mid-1990s he became chief executive and 10% owner of a joint venture between gas giant Gazprom and Hungary's oil and gas concern MOL. He also headed AEB, a Hungarian bank that Gazprom bought to process payments from its local customers, and later bought it from Gazprom. In 2007 he sold the bank and used the proceeds to buy shares in MOL and OTP, Hungary's largest bank. He also owns shares in Gazprom and VTB.
Megdet Rahimkulov is a member of Investments

💰Megdet Rahimkulov Net worth: $1.58 Billion (Updated at 22 June 2018)

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.