Mihail Rahimkulov (Russian: Михаил Николаевич Рахимкулов, also known as Megdet Rahimkulov, 16 October 1945, Moscow) is a Russian-born Hungarian businessman of Tatar origin. He was a Gazprom executive and also the former head of Panrusgaz and Általános Értékforgalmi Bank. He is the 721th on the Forbes world’s billionaires list. He is the wealthiest person in Hungary and a leading owner of OTP Bank.
His assets are now managed by a holding company in Cyprus.
Russian businessman Megdet Rahimkulov has an estimated net worth of $1.28 billion in May 2016 according to Forbes. When MOL, an oil and gas company in Hungary, collaborated with the gas giant Gazprom in the mid 1990’s, Megdet Rahimkulov became the chief executive officer. He owned 10% of the said venture. When Gazprom purchased Altalanos ErtekForgalmi Bank (AEB), Rahimkulov started leading the company and eventually acquired it. In 2007, he decided to sell the bank and used all the proceeds in buying shares in Hungary’s largest bank, TOP as well as MOL. Megdet Rahimkulov is also a shareholder in VTB and Gazprom.
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