Name: Suleyman Kerimov (Suleyman Kerimov)
Birthday: March 12, 1966 (53 years)
Place of birth: Derbent, Dagestan
Eastern horoscope: Horse
Activity: entrepreneur, politician
Photo: Suleiman Kerimov
Biography of Suleiman Kerimov
Early years. Family
Suleiman Kerimov was born in Derbent – Dagestan’s city with a long history, located on the Caspian coast. He became the third and youngest child in the family.
His father, Abusaid Kerimovich, was a lawyer, served in the Dagestan criminal investigation department, his mother also worked as an accountant at the Savings Bank. Suleiman graduated from the usual Soviet school, like his older brother and sister. According to teachers and classmates, Karimov adored mathematics and, unlike many schoolchildren, not only studied well, but also devoted a lot of time and energy to sports. Suleiman developed reaction speed, agility and speed in training in judo, and strength and endurance in training with weights. Moreover, these were not momentary hobbies – later, at the institute, Kerimov became the KMS in judo, and in the army he won the division championship in weightlifting.
Karimov graduated from school in 1983, receiving a certificate with honors. Successes in the exact sciences helped him to successfully pass exams at the Dagestan Polytechnic Institute and enter the Faculty of Civil Engineering. In those years, full-time students did not have a deferment from the army, so in 1984 Suleiman went to serve in the troops of the Strategic Missile Forces. The determination and responsibility of Kerimov was repeatedly noted by commanders, and he successfully completed his service in 1986 with the rank of senior sergeant.
Upon returning from military service, Suleiman transferred from the Polytechnic Institute to the Dagestan State University, replacing the building department with an economic one. Odnokashniki spoke about him as an intelligent, charming and responsible person. Responsibility and ability to find a common language Kerimov developed in public work, in particular, as deputy chairman of the university trade union committee.
Career and first capital
After the collapse of the USSR, the Eltav plant became one of the co-founders of the Federal Industrial Bank. The bank was necessary for the interaction of production with related enterprises and consumers, which were located in different countries. Represent the interests of the plant in the bank and became Kerimov, eventually moving to the capital finally.
That time, like the people who earned the first capital then, can be assessed differently. But regardless of personal predilections and political convictions, everyone who knew then Suleiman Kerimov noted his attentiveness to details, lightning-fast reaction and the ability to make non-trivial decisions.
By 1999, Karimov had acquired and brought up to 100% his stake in Nafta Moskva, a Russian oil trader. From that moment on, the process of reorganizing the company into a full-fledged investment holding began.
According to some counterparties, Suleiman Abusaidovich’s business was rather tough. But in business, as in politics, players are judged on a single criterion – on the result. And with this, Kerimov had no problems. For the minimum term, his company Nafta Moscow broke into the top three of the market leaders in mergers and acquisitions, taking the place of honor on a par with Rusal by Oleg Deripaska and Millhouse of Roman Abramovich, with whom he later began to cooperate. Such a neighborhood shows an undeniable result, and only indicators of profitability can be more objective. With them, Kerimov, too, everything is in order – for some transactions rates reached 600%.
Karimov understood that huge amounts of money could be made in the oil and gas industry. From 2002 to 2008, the interests of Nafta Moscow were related to the acquisition of shares of various domestic enterprises. Representatives and leaders of these companies spoke of Karimov as a tenacious person and always achieving a goal. At the same time, many noted his Eastern charm and pronounced charisma of a born leader.
Since 2006, the interests of the structures of Suleiman Kerimov have been reoriented to Western markets and work with foreign securities. By analogy with the financial participation of Sberbank and VTB in domestic projects, Deutsche Bank, Morgan Stanley and Credit Suisse were involved in cooperation abroad. At the time, when he started buying shares of Western companies (including British Petroleum, Volvo, etc.), Karimov personally met with the directors of leading investment banks and major companies, in particular, with Microsoft founder Bill Gates.
The global economic crisis of 2008, according to various experts, cost Karimov $ 20 billion. Someone connects this with erroneous planning, someone – with excessive excitement. But regardless of the attitude to what happened, everyone agrees that the huge losses did not knock Kerimov off track, in full accordance with Nietzsche’s postulate – “that which does not kill us – makes us stronger”.
At various times, shares of various companies appeared in the portfolio of Kerimov, from monopolists such as Gazprom, Sberbank, Rosneft and Uralkali to less well-known ones, such as Varieganneftegaz, Polymetal, “Mostelecom”, “Mercado” and others.
The role of Kerimov in Charity
The foundation has existed since 2007 and implements humanitarian, educational and cultural projects not only in Russia, but also in many other countries – Armenia, Belgium, China, Germany, Greece, Israel. The most impressive amounts are invested in Dagestan.
Since 2006, Suleiman Kerimov promotes the development of wrestling in Russia. His charitable foundation together with the Federation of wrestling of Russia and the New Perspective Sports Foundation support the national program for the development of free-style and Greco-Roman wrestling “Fight and win”.
From March 2008 to March 2011 – Member of the Federation Council Committee on Financial Markets and Money Circulation.
Before being elected a representative to the Council of Federation, he is a deputy of the State Duma of the Federal Assembly of the Russian Federation of the IV convocation, deputy chairman of the State Duma Committee on Physical Culture, Sports and Youth Affairs.