Forbes magazine list of fortune start to mention Russian businessman in their list of 100 wealthiest citizen in the world. Those Russian businessmen listed in Forbes fortune 100 dominated by young citizen with necessary increase of business, German Khan is one of them. Last year his wealth estimated reach Us$ 13.9 billion and placed 54th in Forbes fortune 100.
Born in Ukraine October 26th 1962, German Khan graduated from Moscow form Steel and Alloys in 1988. Khan started his first business in 1989 with two his friend Mikhail Fridman and Alexei Kuzmichev, his first business Alfa Eco, commodity trading company. Alfa Eco now became Alfa Group, Khan's holding business that spread his business from banking, trading, telecommunication, oil and gas.
Kazakhstan
Alfa Group runs the banking business straight through Alfa Bank. Alfa Bank as own the biggest network in Russia, providing aid in corporate banking, retail and venture bank. Its branch reach Kazakhstan, London, New York, Amsterdam and one of the big 10 bank in Ukraine. Nowadays Alfa Bank already became the biggest bank in Russia. Alfa group also own Alfa Capital supervision that supply wealth management. Alfa Strakhovanie Group is Alfa Group business in guarnatee business.
Alfa Bank recognized as the store leader in Russia Banking, Khan and his Alfa Group entering new area of business, oil and gas business. Tyumen Oil Corporation is Russia oil and gas business that facing financial question when Alfa group bought it in 1997. Tyumen financial question solved by in three years in 2000 and Khan changed its name to Tnk. Financial Times, an international newspaper, awarded Tnk as the best oil business in the world also in 2000.
In 2003 Khan merge Tnk to Sidanco. Sidanco is a Bp Russia subsidiaries company. The new business called Tnk-Bp own not less than Us$ 6.7 billion, Tnk_Bp also own 50% shares of Slavneft, Russia Gas Company. Khan was appointed as leader in Tnk-Bp because both Tnk and Bp consider that Khan could bridges the Gap in the middle of Bp, as a British company, and Tnk, as a Russia company.
Tnk-Bp starts its new oil business after the merger in Uvat, Russia in 2005. Tnk-Bp invests Us$ 2 billion in Uvat task that estimated to hold 120 million barrel of oil. Recently Tnk-Bp also manages oil and gas retail sales straight through Stbp holding that own 1600 gas center in Russia and Ukraine. Last year Tnk-Bp known to be complex in oil explorations in Iraq.
Khan's last move in business was straight through telecommunication industry, Altimo as the store leader in Russia telecommunication and also in other former Soviet Union country is one of the Alfa group company.
But, despite of all those achievement, Khan Still has some controversy. One of those controversies is Acquisition of Tyumen in 1997, because Tyumen previously was national Oil and Gas business won by the Russia government. Russia government straight through group of Finance still have doubt about the capital used to buy Tyumen by Alfa group, because Exim Bank of America was known to be refused loan invite from Alfa Group to bought Tyumen.
German Khan - flourishing Russia BusinessmanTags : todays world news headlines
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