Radik Shaimiev – Billionaire

Radik Shaimiev co-owns the TAIF Group, a large regional holding company with assets in the Republic of Tatarstan, with his brother Airat and two other billionaires – Albert Shigaboutdinov and Rustem Sulteev.The company includes oil refineries, chemical factories, power plants and construction companies. TAIF became a shareholder in most of its companies during Russia’s privatization in the mid ’90s. Radik’s father, Mintimer Shaimiev, was Tatarstan’s first president. He also co-owns $1.5 billion (assets) Avers Bank. An avid race car driver, he won a European competition called Autocross in 2003.

Radik Shaimiev Net Worth: Radik Shaimiev is a Russian entrepreneur who has a net worth of $1.1 billion. A newly-listed billionaire, Radik Shaimiev is co-owner of the TAIF Group, a giant regional holding company with assets in the Republic of Tatarstan. The company’s capital includes two gas station chains, some chemical factories, oil refineries and power plants, as well as construction companies. It was throughout the 1990’s (during Russia’s privatization), that TAIF acquired stakes in most of its companies. The son of Tatarstan’s first president, Mintimer Shaimiev, Radik derives most of his fortune from the TAIF Group. Business aside, Radik Shaimiev is an avid race car driver who won the 2003 European competition called Autocross.

Source:

1. forbes

2. celebritynetworth