Patokh Chodiev Net Worth is$2.8 Billion
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Patokh Chodiev net worth: Patokh Chodiev is a co-founder and shareholder of the Eurasian Natural Resources Corporation (ENRC) who has a net worth of $2.8 billion. Together with his partners and longtime friends Alexander Machkevich and Alijan Ibragimov (both billionaires), Chodiev built the growing metals and mining empire. Based in London, ENRC has become one of the worldwide leaders in production of ferrochrome, alumina and iron ore, consolidating assets in Kazakhstan and Africa, as well as in Eastern Europe and Africa. Being an Uzbekistan native, Chodiev lived in Japan before teaming up with his pals in Kazakhstan. After he graduated from the University, he had a chance to work as a leading specialist in Soviet - Japanese economic relations in the Ministry of Trade of the USSR (1979-1989), then as a counselor of the Soviet Trade Representation in Japan (1976-1979) and finally as a special counselor for the Prime Minister of Kazakhstan (1995-1997). In addition to the above, Chodiev is one of the founders of International Mineral Resources (IMR), a mining investing company, strengthening the production of ferronickel, copper and cobalt in the Balkans, Zambia and South Africa. Also, he is a member of the board of directors of Eurasian Bank, which is one of the leaders among banks in Kazakhstan. By 2010, Patokh had accumulated enough wealth to occupy the 287th position in The Forbes World's Billionaires list. As for his private life, Chodiev is a married man with three children, a son and two daughters.
Patokh Chodiev (Fattoh Kayumovich Shodiev, Russian: ????N?N?? 3/4 N? ????N?? 1/4 ? 3/4 ???,N? ??? 3/4 ???,?u??), born 15 April 1953, in Jizzakh (Uzbekistan), is a London-based Uzbek oligarch with Belgian citizenship who, with Alexander Mashkevich and Alijan Ibragimov, is part of the "Trio," a group of Central Asian businessmen who made their fortune through deals in minerals, oil, gas, and banking in Kazakhstan. Chodiev is currently ranked #287 on the Forbes list of billionaires.
Chodiev was born in Uzbekistan. He studied international law and Japanese in Moscow, Russia. Chodiev lived in Japan. Chodiev later established the Chodiev Group.
With his partners Mashkevich and Ibragimov, Chodiev is a major shareholder in Eurasian Natural Resources Corporation (ENRC), one of the world's leading natural resources groups. ENRC, based in London, operates a number of metals assets in Kazakhstan and Africa, having acquired numerous mining operations in Eastern Europe and Africa. In 2009, ENRC generated a $1,462 million profit on sales of $3.8 billion.
ENRC was floated on the London Stock Exchange in December 2007, with a market capitalisation on Admission of approximately A?6.8 billion.
Chodiev acquired the Belgian citizenship on 27 June 1997 with help from the mayor of Waterloo, Serge Kubla (Mouvement RA(C)formateur), of Czech origin and his closest neighbour, and later (1999-2004) Minister of Economy and Foreign Commerce in the regional Walloon Government. That naturalization was irregularly obtained as knowledge of at least one official language of Belgium (Dutch, French or German) was then compulsory to become a Belgian citizen, and Chodiev spoke none of them. Moreover, the Belgian State Security Service had sent beforehand a report to the local police informing it of the mafia connections of Chodiev.

Patokh Chodiev Latest News

Ex-adviser to Sarkozy charged with corruption over Kazakhstan deals

Investigators are trying to uncover whether officials under Sarkozy secretly pressured Belgian MPs to change a law in their country in 2011, in order to end a court case against businessman Patokh Chodiev, who was known to have close ties to the Kazakh ...
Posted: March 19, 2015, 3:01 pm

Patokh Chodiev Net Worth

Patokh Chodiev net worth: Patokh Chodiev is a co-founder and shareholder of the Eurasian Natural Resources Corporation (ENRC) who has a net worth of $1.9 billion. Together with his partners and longtime friends Alexander Machkevich and Alijan Ibragimov ...
Posted: February 28, 2013, 9:52 am

ENRC shares climb 25pc on news of potential offer

In a statement noting “recent press speculation”, he said: “Mr. Machkevitch is reviewing a number of potential opportunities which include the possibility of forming a consortium together with Mr. Alijan Ibragimov, Mr. Patokh Chodiev and the Kazakh ...
Posted: April 19, 2013, 7:19 am
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