LeaderPortfolio
Turlov
Timur Turlov
Rank #720
KAZAKHSTANFinance & InvestmentsStock brokerage

Timur Turlov

Net Worth
$5.784B
-9.74% (24h)
Timur Turlov is a prominent Kazakhstani entrepreneur and financier, known for founding Freedom Holding Corp. and serving as its CEO. His career began in finance at a young age, and he quickly gained a reputation for strategic thinking. Turlov's leadership has driven Freedom Holding Corp. to become a multinational financial services group with operations in 22 countries, offering brokerage, banking, and insurance services. His net worth is estimated at $5.4 billion, and he's ranked as one of the wealthiest individuals in the world. He is deeply committed to philanthropy, supporting education, sports, and environmental initiatives within Kazakhstan. Turlov's achievements include a successful IPO on NASDAQ and recognition as a leader in the fintech industry.

The Full Dossier

Early Life and Education

Timur Turlov was born in Moscow, Russia, on November 13, 1987. He holds a degree in economics. Turlov began his career at 16 as a trader at World Capital Investments (WCI).

Rise to Success

In 2008, at 21 years old, Timur Turlov founded Freedom Finance, a brokerage firm providing access to US stock exchanges. In 2011, he moved to Kazakhstan, opening a subsidiary, Freedom Finance JSC, which became a leading brokerage in the country. By 2019, Turlov consolidated his businesses under Freedom Holding Corp. and took it public on NASDAQ. The company became the first financial institution from the CIS to be listed on the platform.

Key Business Strategies

Turlov's key strategies included attracting retail investors and expanding the company's reach across multiple countries. He focused on innovation, digital solutions, and creating a diversified financial ecosystem. This included the development of a mobile application to manage portfolios and strategic expansion into insurance and banking sectors.

Philanthropy

Turlov is actively involved in philanthropy, supporting education, sports, and environmental initiatives. He serves as President of the Kazakhstan Chess Federation and supports the IQanat High School.

Career Timeline

2023

President of Kazakhstan Chess Federation

Became the President of the Kazakhstan Chess Federation

2019

NASDAQ Listing

Took Freedom Holding Corp. public on NASDAQ (FRHC)

2011

Relocated to Kazakhstan

Moved to Kazakhstan and established Freedom Finance JSC

2008

Founder of Freedom Finance

Founded Freedom Finance, providing access to US stock exchanges and brokerage services

2003

Trader

Began his career as a trader at the Moscow branch of World Capital Investments (WCI)

Philanthropic Impact

Education$5.6B

IQanat High School

Supports education for students in rural areas

SportsUnknown

Kazakhstan Chess Federation

Supports chess initiatives

SportsUnknown

QJ League

Supports youth football initiative

EnvironmentUnknown

Aral Sea Environmental Projects

Supports environmental projects

Wealth Trajectory