BULAT UTEMURATOV • Net Worth $3 Billion • House • Yacht • Private Jet • ATF Bank

Name:Bulat Utemuratov
Net Worth:$ 3 billion
Source of Wealth:ATF Bank / Forte Bank
Born:November 13, 1957
Wife:Azhar Abzhamiyevna
Children:Alidar Utemuratov, Anuar Utemuratov, Dinara Utemuratova
Residence:Monaco , MC
Private Jet:Gulfstream G650 (M-BADU), G550 (M-VRNY)

Unmasking Bulat Utemuratov: An Esteemed Mogul and Philanthropist from Kazakhstan

Bulat Utemuratov, a Kazakh billionaire entrepreneur, exemplifies the power of entrepreneurship, vision, and hard work. Born in 1957, Bulat is a celebrated personality in Kazakhstan and beyond. Married to Azhar and a father to three, Bulat’s influential touch extends far beyond his successful family life. From establishing the renowned ATF Bank to making strategic investments in various sectors and serving in critical positions in the world of sports and politics, Bulat’s influence is multifaceted and widespread.

Key Takeaways

  • Bulat Utemuratov is an influential Kazakh billionaire entrepreneur known for his strategic investments and philanthropic efforts.
  • He established the highly successful ATF Bank, later selling it for $2 billion and demonstrating his remarkable business acumen.
  • Bulat Utemuratov’s portfolio includes influential positions in banking, real estate, and telecommunications sectors, further solidifying his status as a business magnate.
  • With an estimated net worth of $3 billion, Bulat stands as one of the wealthiest individuals in Kazakhstan.
  • Despite his wealth and business success, Bulat remains deeply committed to his community, actively engaging in philanthropy through the Bulat Utemuratov Charity Foundation.

An Unwavering Force in Kazakhstan’s Financial Sector: ATF Bank

Bulat’s accomplishments in the financial sector began with the founding of the ATF Bank in 1995. This ambitious endeavor eventually burgeoned into a major financial group, with over 150 branches serving the people of Kazakhstan. In 2007, Bulat sold the ATF Bank to Unicredit in a groundbreaking deal worth $2 billion, marking a major milestone in his career and reinforcing his status as a savvy businessman.

Bulat Utemuratov’s Investment Portfolio: A Testament to Business Acumen

Aside from his successful venture with the ATF Bank, Bulat Utemuratov’s business acumen is further demonstrated through his establishment of other banks such as the Kassa Nova Bank and the Forte Bank. Additionally, his investments span the telecommunications industry, where he owns leading companies like Beeline and Kartel. His investment prowess also saw him owning shares in a copper mine, which he subsequently sold to Glencore for an impressive $1.3 billion. Moreover, Bulat’s influence in the real estate sector, including significant projects in Monaco, further illustrates his diverse and successful business portfolio.

Bulat Utemuratov’s Net Worth: An Affirmation of His Business Success

The staggering net worth of Bulat Utemuratov, estimated at around $3 billion, is a testament to his relentless determination, business insight, and strategic vision. His sale of ATF Bank in 2007, which earned him a whopping $1 billion, significantly contributed to his current wealth.

Philanthropy: The Cornerstone of Bulat Utemuratov’s Legacy

Despite his immense success in business, Bulat Utemuratov has remained grounded and committed to giving back to his community. Through the Bulat Utemuratov Charity Foundation, he has generously supported healthcare, education, and cultural initiatives in Kazakhstan. In 2020, the foundation took a stand against the global COVID-19 pandemic, donating $500,000 to support Kazakhstan’s efforts against the virus.






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Yacht Avantage Owner

Bulat Utemuratov

Watch this video!

Utemuratov Yacht Avantage

He is the owner of the Lurssen yacht Avantage. The yacht has a large A on the foredeck. This A, and the three As in the yacht’s name, probably refer to his wives and children’s names. His wife is named Ashar, his sons are named Alidar Utemuratov, and Anuar Utemuratov. He also has a daughter named Dinara. Here name is used in his private jet’s registration. See hereunder.

The Avantage Yacht, built in 2020 by Lurssen Yachts, showcases the exceptional design expertise of Bannenberg & Rowell.

Powered by MTU engines, the yacht boasts a top speed of 16 knots and a cruising speed of 12 knots, with a range exceeding 4,500 nautical miles.

Her luxurious interior, designed by Bannenberg and Rowell, can accommodate 14 guests and houses a crew of 18.