| Name: | Bulat Utemuratov |
| Net Worth: | $3 billion |
| Source of Wealth: | ATF Bank / Forte Bank |
| Born: | November 13, 1957 |
| Age: | |
| Country: | Kazakhstan |
| Wife: | Azhar Abzhamiyevna |
| Children: | Alidar Utemuratov, Anuar Utemuratov, Dinara Utemuratova |
| Residence: | Monaco , MC |
| Private Jet: | Gulfstream G650 (M-BADU), G550 (M-VRNY) |
| Yacht: | Avantage |
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.
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.
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.
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.
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.
https://en.wikipedia.org/wiki/Bulat_Utemuratov
https://www.forbes.com/profile/bulat-utemuratov/
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He lives with his wife Azhar Abzhamiyevna in Monaco and recently invested in the newly developed L’Anse du Portier residential area. Do you know more about his house? Please do send us a message.
Monaco, a small yet alluring principality nestled on the French Riviera, is renowned for its stunning beauty, high-end luxury, and glamorous lifestyle. Its exquisite Mediterranean coastline is dotted with grand yachts, ritzy casinos, and opulent hotels, epitomizing the pinnacle of luxury living.
The nation’s thriving economy, underpinned by sectors like finance, real estate, and tourism, offers robust opportunities for investment and business ventures. It boasts a high standard of living with excellent healthcare, world-class education, and unrivaled security, making it an appealing destination for the wealthy.
In addition, Monaco’s favorable tax policies, including no income tax for individuals, are a massive draw for billionaires globally. This tax haven provides them with significant financial benefits and the opportunity to increase their wealth.
The state’s elite social circle and high-profile events like the Monaco Grand Prix offer unparalleled networking opportunities. Additionally, the cultural vibrancy, sophistication, and the mild Mediterranean climate add to Monaco’s allure.
Its proximity to other European hotspots like France and Italy is another advantage.
In sum, Monaco’s combination of economic advantages, opulent lifestyle, and stunning locale make it a preferred choice for billionaires seeking a home.
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.
He is the owner of a Gulfstream G650 private jet, with registration M-BADU. The ‘DU’ is probably a reference to his daughter Dinara Utemuratov. A Gulfstream G650 has a list price of US$ 70 million. Before the G650 he owned a G550 (M-VRNY), which was sold to Glencore in 2018.
The Gulfstream G650 is a luxurious, long-range business jet produced by Gulfstream Aerospace. The G650 was first introduced in 2008 and quickly became one of the most sought-after business jets in the world due to its impressive range, speed, and spacious cabin. The G650 has a maximum range of over 7,000 nautical miles, making it capable of flying non-stop from locations such as New York to Hong Kong.
One of the standout features of the G650 is its cabin, which is both spacious and luxurious. With a height of over 6 feet and a width of over 7 feet, the cabin offers ample space for passengers to work, relax, and entertain. The cabin also features a variety of customizable features, including seating arrangements, lighting, and entertainment systems.
In addition to its impressive range and cabin, the G650 is also known for its high cruising speeds. The aircraft is capable of reaching speeds of up to Mach 0.925, making it one of the fastest business jets on the market. This speed, combined with its range, allows the G650 to cover large distances quickly and efficiently.
The last known list price of the Gulfstream G650 was approximately $75 million. This high cost reflects the advanced technology, spacious cabin, and impressive performance capabilities of the aircraft. Despite its high price, the G650 remains a popular choice for those who value speed, range, and comfort in their business jets.
The Gulfstream G650 is a top-of-the-line business jet that offers impressive range, speed, and comfort. Its luxurious cabin and high-performance capabilities make it a popular choice for those who demand the best in their business aviation needs. With a last known list price of $75 million, the G650 is a significant investment, but for those who can afford it, the aircraft provides a unique and unparalleled flying experience.
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Super Yacht Owners Database 2025
