Alisher Usmanov is a wealthy Russian oligarch of Uzbek descent who made money in the mining and timber industries and other ventures.
How did Alisher Usmanov become so successful and make so much money? Here at Fidlarmusic, we’ll look at Alisher Usmanov’s life and career to get a better idea of Alisher Usmanov net worth.
What is Alisher Usmanov’s Net Worth and Salary in 2023?
Alisher Usmanov net worth in 2023 is $18 billion. His salary is under review.
Alisher Usmanov’s Overview
Alisher Burkhanovich Usmanov was born on September 9, 1953 in Chust, Uzbek SSR, Soviet Union. His father worked as a state prosecutor in Tashkent, where he spent his formative years.
In order to receive instruction in diplomacy, Alisher moved to Moscow, where he ultimately was accepted into the Moscow State Institute of International Relations.
He returned to Tashkent to head the Foreign Economic Association of the Soviet Peace Committee after receiving his law degree in international relations in 1976.
The most extensive account held by Usmanov’s sister, Saodat Narzieva, with the Swiss bank UBS was approximately $2 billion in 2011.
Agroplast, a private firm that makes plastic bags, was created by multimillionaire Alisher during the Soviet Union’s twilight years. Between the years 1990 and 1992, he served as the deputy general director of Intercross JSC.
After that, he was Interfin Interbank Investment and Finance Company’s chief executive officer between 1994 and 1998.
During the 1990s, Usmanov served as the First Deputy Chairman of MAPO-Bank and as a consultant to the General Director of the Moscow Aviation Industrial Enterprise.
Both positions were held in Moscow. He was raised to the role of General Director of Gazprom Investholding shortly after the year 2000 and kept that position until 2014.
Since 2006, Alisher has amassed interests in various Australian mining businesses through USM Holdings.
In 2015, the corporation made a donation of one hundred million dollars to the Russian esports group Virtus Pro.
As part of their aim to “ensure the transformation of the world’s industry to more ecological technology,” Metalloinvest and USM stated in 2021 that they will construct “one of the largest HBI facilities” in the Kursk area of Russia.
This is one step in achieving their overall objective.
Usmanov sold his shares of Facebook in 2009 and made a $1 billion profit off of his initial $200 million investment. Alisher has invested in some of the most successful companies on the internet, such as Apple, Airbnb, Groupon, and Alibaba.
In 2006, he spent $200 million to acquire the newspaper “Kommersant” and an additional $25 million to acquire a 50% share in the Russian sports network 7TV.
Both of these transactions took place simultaneously. The next year, Usmanov committed $300 million to acquire 75% of the Russian music channel Muz-TV.
Additionally, he was a co-owner of UTH, a media conglomerate that owns a majority share (51%) of Disney Russia and Muz-TV.
In 1980, Alisher was detained and found guilty of stealing state property, fraud, and corruption.
His conviction was reversed by the Supreme Court of Uzbekistan in 2000 on the basis that “the first decision was unjust, no crime was ever committed, and that the evidence was created” after he had only served six of his eight-year sentence in an Uzbek prison.
Usmanov, a Muslim, married rhythmic gymnastics coach Irina Viner, a Jew, in 1992. When Viner wed Irina, Alisher adopted Anton, the child from her previous union. Anton, a real estate investor, was conceived in 1973.
The names of the two opulent ships Usmanov owned are inspired by his mother: Dilbar.
He supposedly spent $250 million on the first Dilbar in 2008 and $800 million on the second Dilbar in 2015.
In 2018, he bought a second yacht and gave the original one the name Ona. German officials detained Dilbar in March 2023 due to sanctions on him resulting from Russia’s invasion of Ukraine.
Why is Alisher Usmanov Famous?
Alisher Usmanov is a Russian billionaire and the second-richest man in Russia, with a net worth of over $15 billion. He is famous for his vast business empire and investments in various industries, including mining, telecommunications, media, technology, retail, and finance.
He also owns a stake in Arsenal Football Club and has been involved in a number of philanthropic initiatives.
FAQs about Alisher Usmanov
Alisher Usmanov football – Alisher Usmanov arsenal
In August of 2007, Alisher Usmanov caused a sensation in the athletic world when he purchased a 14.58 percent ownership in Arsenal FC, a London-based English soccer team playing in the Highbury neighborhood.
He and his business partner, Farhad Moshiri, put up a hefty £75 million to buy the share. Red and White Holdings, a trust subsidiary, was formed to complete the acquisition.
Alisher’s ‘Red and White Holdings’ increased their share of Arsenal FC to 23% in less than a month. At year’s conclusion, he owned almost 30 percent of Arsenal FC.
Is Alisher Usmanov on sanctions list?
Yes. Alisher Usmanov is on the sanctions list of the UK.
Alisher Usmanov yacht
Dilbar will take its place as the sixth-longest yacht in the world in the year 2023. With a gross tonnage of 15,916, she is the third biggest yacht in the world, coming in behind only REV Ocean and Fulk Al Salamah.
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