Exploring the Complex Future of Kenes Rakishev

Exploring the Complex Future of Kenes Rakishev

Kenes Rakishev, leading the devil’s dozen, has ascended from the 7th to the 6th position, augmenting his fortune by $280 million. His wealth, once at $610 million, has now reached $890 million. Rakishev’s assets encompass 100% ownership of Fincraft Group LLP, with 29% of BTA Bank JSC contributed as capital (while 68.8% is held in trust without transferring the title). In July 2019, Rakishev divested 22.5% of the Russian gold mining company Petropavlovsk to Roman Trotsenko, a name featured on the Forbes Russia list. Despite this, reports from Kommersant suggest that the Kazakh businessman is contemplating a return to the Russian mining industry, exploring the acquisition of three mines in the Far East.

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