German Khan’s profile picture

German Khan

German Khan’s profile picture
Net worth 2018: $9.86 Billion
Industry: Energy
Residence: Moscow, Russia
Country: Russia
BirthDay: 24 October 1961
Sigh: Scorpio
Children: 4
Education: Bachelor of Arts / Science, Moscow Institute of Steel and Alloys
BIOGRAPHY

German Khan was bornon 24 October 1961 in Moscow, Russia, Russia. German Khan is #159 in List Billionaires People In The World. German Khan's Alfa Group, which he shares with fellow billionaires and college buddies Mikhail Fridman and Alexei Kuzmichev, is the biggest financial and industrial investment group in Russia. Khan worked as executive director of TNK-BP, the group's oil business, a joint venture with BP, since it was founded in 2003. He left the company in March 2013 after Alfa Group and partners sold a 50% stake in TNK-BP to state-owned oil company Rosneft for $28 billion. Khan got $3.3 billion in cash from the deal. That same year Alfa Group created a new company, LetterOne Holdings S.A. (L1), which holds its foreign assets and handles foreign acquisitions using the money from the TNK-BP sale. A Kiev native, he moved to Moscow to study.

NET WORTH STATISTIC
2009

$4 Billion

2010

$8.2 Billion

2011

$9.6 Billion

2012

$8.5 Billion

2013

$10.5 Billion

2014

$11.3 Billion

2015

$9.5 Billion

2016

$8.7 Billion

2017

$9.3 Billion

2018

$9.86 Billion

TIMELINE
2017

In May 2017 Khan, along with fellow Alfa-Bank owners Mikhail Fridman and Petr Aven, filed a defamation lawsuit against BuzzFeed for publishing the Donald Trump–Russia dossier, which alleges financial ties and collusion between Putin, Trump, and the three bank owners

2016

In September 2016, it was announced that he was a member of an initiative to create a Holocaust memorial at Babi Yar in Ukraine

2015

" On 14 October 2015, LetterOne Group announced that it had agreed a deal to acquire German utility E

2014

The 2014 downturn in the oil industry and the falling ruble value in Russia led to Khan losing about 22% of his estimated value in 2014, or about $2

2012

In July 2012, TNK-BP was sold to the state-owned Rosneft for $56 billion, a process which was still underway by early 2013

2011

Khan along with Stan Polovets, Mikhail Fridman, Pyotr Aven, and Alexander Knaster founded the Genesis Philanthropy Group in 2011, whose purpose is to develop and enhance Jewish identity among Jews worldwide

2010

In 2010, Khan purchased a home on Eaton Square in London

2008

Since its founding in 2008, the program claims that 8334 children have been saved as a result of their work

2005

Alfa Group bought a stake in Turkcell in 2005, and by April 2007, Alfa Group controlled a 43

2003

From 2003 to 2013, Khan was executive director of TNK-BP Management (now called TNK-BP Holding), and a member of the management board

2000

Khan was appointed deputy chairman of the management board of TNK in 2000, retaining the role until 2003

1997

In 1997, Alfa Group Consortium together with Access Industries and Renova Group acquired the state-owned TNK Oil Company (Tyumen Oil Company)

1996

He became president in 1996, where for his two-year tenure he was instrumental in directing the company to focus on export and the oil trade

1992

Khan held a number of managerial positions at Alfa Group starting in 1992

1988

After graduating from college in 1988, Khan operated small businesses such as the clothing cooperative "Alexandrina" he founded with a partner, where he served as deputy chairman and handled supply chain and sales before its sale in 1990

1983

1983 he enrolled in the Moscow Institute of Steel and Alloys (MISIS), where he specialised in the study of steel production

1982

He then studied mechanical engineering at the Kiev-Pedagogical College, graduating in 1982

1978

Khan graduated from high school in 1978 and subsequently worked for a year as an apprentice on a shop floor of a factory

1961

German Borisovich Khan was born on 24 October 1961 in Kiev, Ukraine

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