Bidzina Ivanishvili Net Worth is$6.4 Billion
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Date of Birth: Feb 18, 1956
Net Worth: View Boris Ivanishvili Net Worth
What is Bidzina Ivanishvili's net worth? Bidzina Ivanishvili's net worth is $6.4 billion dollars which makes him the richest person in the country of Georgia. Born in Chorvila, Georgia, Bidzina Ivanishvili graduated from Tbilisi State University with degrees in Engineering and Economics. He then went on to earn his PhD from the Moscow State University of Railway Engineering. He co-founded Rossiysky Kredit, a holding firm with longtime business partner, Vitaly Malkin. He amassed the majority of his wealth buying up small coal and metal mining companies, and selling them for large profits. He is also involved in multiple real estate developments, and owns portions of a range of hotels, including Hotel Lux, as well as holding a large stake in Doctor Stoletov, a chain of Russian drugstores. He has recently focused much of his attention on the development of Georgian Dream - Democratic Georgia, a political party he launched in opposition to the current Georgian government in early 2012. The party is currently being investigated due to allegations of vote buying.
Bidzina Ivanishvili (Georgian: ?????? ??????????; born 18 February 1956, Chorvila) is a Georgian politician and businessman. In march 2010, Ivanishvili was granted French citizenship which resulted in him losing its Georgian citizenship in October 2011 in accordance with the article 32 of the Georgian legislation, shortly after announcing his intention to form a political party to challenge the president Saakashvili. . In March 2012, Ivanishvili, the leader of an opposition coalition Georgian Dream, was ranked at 153 in Forbes magazine's annual list of the world's billionaires with an estimated worth of USD 6.4 billion, making him the richest Georgian in the world. His political allies argued that it may not have been a coincidence that this happened.
On June 11 2012, Bidzina Ivanishvili was imposed a USD 90,9 million fine for violating the legislation on party funding. Bidzina Ivanishvili is also under investigation on charges of using companies Burji, Elita Burji and Global Consulting Group for political and electoral goals.
He is also known as Boris Ivanishvili. Bidzina Ivanishvili went by the name of Boris while working in Russia, and was widely reported under that name in the West. However, he has gone by Bidzina since 2011.
Bidzina Ivanishvili was born the youngest of five children to a poor family in the Georgian village of Chorvila. His father worked in a manganese factory. He graduated high school in Sachkhere and went to Tbilisi State University to study engineering and economics. In 1982, he went to Moscow to pursue a Ph.D in economics at the Moscow State University of Railway Engineering.
He met Vitaly Malkin, a Russian businessman now into politics , with whom he formed a partnership selling computers, and later importing what was then a novelty in Russia, push-button telephones. The source of his wealth is metals and banking. Forbes's description of the secret of his success could apply to dozens of other oligarchs: "He bought firms that n

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Bidzina Ivanishvili Latest News

Swiss Banker Really Embraced Russian Mindset

This is how he wound up cashing three paychecks at the same time: There was his salary from Credit Suisse, the commissions he got from the hedge funds—which his client, former Georgian Prime Minister Bidzina Ivanishvili—knew nothing about, and the $1.5 ...
Posted: January 16, 2018, 1:41 am

Credit Suisse banker prepared fake Excel spreadsheets to mask mounting losses

Lescaudron has admitted to falsifying trades and then distributing false statements to cover mounting losses, primarily by taking money out of the accounts of Bidzina Ivanishvili, the former prime minister of Georgia. His scheme went undiscovered until a ...
Posted: January 18, 2018, 7:35 pm

Democracy is under ‘assault’ and ‘retreating’ around the globe: report

In Tbilisi, the report says, “the ruling Georgian Dream party recently pushed through constitutional amendments in Georgia that – combined with the financial backing of its reclusive billionaire patron, [former Prime Minister Bidzina Ivanishvili ...
Posted: January 16, 2018, 4:11 am
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