Suleyman Kerimov net worth & biography:
Suleyman Kerimov net worth: In 2006, he was badly injured in an automobile crash, which necessitated multiple years of recuperation. A knowledgeable investor and financier, he was part of the number of businessmen who started Fedprombank in the early 90s. He supplied credit to big Russian corporations that have been fighting, and after that brought in huge yields when the Russian market stabilized. In 2008, he sold the bulk of his Russian assets as the Russian market destabilized. He poured much of his riches into purchasing shares in such firms as Morgan Stanley, Goldman Sachs, and Credit Suisse. Sadly, these firms ended up incurring substantial losses when the US market plummeted, and he lost a considerable part of his riches. He’s since mostly recovered, by reinvesting in Russian firms.