Bidzina Ivanishvili & family

$2.70 B

Ranked #1519 in World

About Bidzina Ivanishvili & family

Bidzina Ivanishvili, born on February 18, 1956, in Chorvila, Georgia, is a prominent figure in Georgian politics and business. With a background in engineering and economics, Ivanishvili entered the business world in 1988 and amassed considerable wealth in the metals and banking sectors. In 2012, he founded the Georgian Dream-Democratic Georgia party and secured victory in the parliamentary election. As Prime Minister from 2012 to 2013, Ivanishvili implemented key policies such as the Universal Healthcare Program, prison reform, and improved relations with the EU and Russia. However, he also faced controversies and criticisms, including allegations of informal rule and influence, as well as criticism over his handling of the environment and accusations of "pro-Russian" policies. Ivanishvili currently serves as the honorary chairman of the Georgian Dream, maintaining significant influence in Georgian politics.

Born

February 18, 1956 in Chorvila, Georgia

Age

70 years

Source Of Wealth

Investments

Industries

Finance & Investments

Citizenship

Georgia

Residence

Tbilisi

Spouse

Ekaterine Khvedelidze (Married: 1991)

Children

4, including Bera

Bidzina Ivanishvili was born on February 18, 1956, in Chorvila, Georgia. He graduated from Tbilisi State University's Faculty of Engineering and Economics and pursued a PhD in economics at Moscow State University of Railway Engineering. In 1988, he turned to business, founding a cooperative and partnering with Vitaly Malkin to sell computers and push-button telephones. Ivanishvili gained wealth through the metals and banking sectors.

Bidzina Ivanishvili & family: Family

Bidzina Ivanishvili is married to Ekaterine "Eka" Khvedelidze, and they have four children, two of whom have albinism. Ivanishvili was granted Georgian citizenship by former President Saakashvili but later regained French citizenship.

Bidzina Ivanishvili & family: Career Highlights

Ivanishvili entered politics in 2012, founding the Georgian Dream-Democratic Georgia party. He secured victory in the 2012 Georgian parliamentary election against Mikheil Saakashvili's United National Movement and served as Prime Minister of Georgia from October 2012 to November 2013. Ivanishvili left all political positions in 2013 but remained influential in Georgian politics. He returned to politics in 2018 as chairman of Georgian Dream, again leaving in 2021, and staged a comeback in late 2023 as honorary chairman.

Bidzina Ivanishvili & family: Companies

Bidzina Ivanishvili accumulated wealth through various business ventures, including Rossiysky Kredit and investments in hotels and drugstores. He appeared in the Panama Papers, Pandora Papers, and Suisse secrets.

Bidzina Ivanishvili & family: Major Achievements

During his time as Prime Minister, Ivanishvili increased social spending and implemented the Universal Healthcare Program. He raised pensions, social assistance allowances, and education spending, adopted a new Labour Code in line with International Labour Organization (ILO) standards, and implemented prison reform to reduce overcrowding and improve conditions. Ivanishvili also tackled the legacy of abuse by the previous government, bringing officials to justice. He deepened ties with the European Union, securing visa-free travel for Georgian citizens, and improved relations with Russia, lifting the embargo on Georgian wine and increasing economic ties.

Bidzina Ivanishvili & family: Awards & Achievements

Bidzina Ivanishvili was the Honorary Consul of the Republic of San Marino in Georgia from 2000 to 2012.

He received the Saint George Golden Order from the Georgian Orthodox Church and was knighted with France's Legion of Honour in 2020.

Bidzina Ivanishvili & family: Personal Life & Legacy

Ivanishvili owns several estates, including a mansion in Tbilisi designed by renowned architects. He is known by the Russian first name Boris but reverted to his Georgian name Bidzina in 2011. Ivanishvili gained attention in the art world for purchasing works by Pablo Picasso and Peter Doig.

Bidzina Ivanishvili & family: Trivia

Bidzina Ivanishvili is ranked among the world's billionaires by Forbes magazine, with an estimated net worth of $4.9 billion in 2023, making him the 544th richest person globally. He founded the Cartu International Charity Foundation with his wife, Ekaterine Khvedelidze, and supports various projects in the arts, sports, agriculture, and infrastructure through the Cartu Foundation. Ivanishvili also donated to the restoration of the Batumi Botanical Garden.

Wealth History

Timeline

February 18, 1956

Bidzina Ivanishvili is born in Chorvila, Georgia.

1988

Ivanishvili turns to business, founding a cooperative.

2012

Ivanishvili enters politics, founding Georgian Dream-Democratic Georgia party.

2012

Ivanishvili's party secures victory in the Georgian parliamentary election against Mikheil Saakashvili's United National Movement.

October 2012 - November 2013

Ivanishvili serves as Prime Minister of Georgia.

2013

Ivanishvili leaves all political positions but remains influential in Georgian politics.

2018

Ivanishvili returns to politics as chairman of Georgian Dream.

2021

Ivanishvili resigns as chairman of Georgian Dream, citing the accomplishment of his goals.

Late 2023

Ivanishvili stages a comeback as honorary chairman of Georgian Dream.

Bidzina Ivanishvili & family : FAQs

What is Bidzina Ivanishvili's current net worth?

Bidzina Ivanishvili's current net worth is $2.70 billion.

What is Bidzina Ivanishvili's current global rank among billionaires?

Bidzina Ivanishvili holds the 1519th position globally among billionaires.

What is Bidzina Ivanishvili's current ranking within the Georgia?

Bidzina Ivanishvili holds the 2nd position in Georgia.

What was the change in Bidzina Ivanishvili's net worth compared to the previous year?

Bidzina Ivanishvili's net worth decreased by 0 million dollars compared to the previous year 2025, when his net worth was 2.70 billion dollars.

What are Bidzina Ivanishvili's main sources of wealth?

Bidzina Ivanishvili's main source of income comes from Investments.

In which industry does Bidzina Ivanishvili primarily operate?

Bidzina Ivanishvili is primarily involved in the Finance & Investments industry.

How old is Bidzina Ivanishvili?

Bidzina Ivanishvili is 70 years old.

How many children does Bidzina Ivanishvili have?

Bidzina Ivanishvili has 4 children.

When and where was Bidzina Ivanishvili born?

Bidzina Ivanishvili was born in Chorvila, Georgia, on February 18, 1956.

What are Bidzina Ivanishvili's educational qualifications?

Bidzina Ivanishvili graduated from Tbilisi State University's Faculty of Engineering and Economics and pursued a PhD in economics at Moscow State University of Railway Engineering.

How did Bidzina Ivanishvili gain his wealth?

Bidzina Ivanishvili gained his wealth through the metals and banking sectors.

What are some key policies and achievements of Bidzina Ivanishvili?

Some key policies and achievements of Bidzina Ivanishvili include increased social spending and the implementation of a Universal Healthcare Program, raised pensions and social assistance allowances, and improved prison conditions through prison reform.

What controversies and criticisms has Bidzina Ivanishvili faced?

Bidzina Ivanishvili has faced controversies and criticisms such as accusations of informal rule, criticism for uprooting a 100-year-old tulip tree, allegations of 'pro-Russian' policies and vote-buying, and protests over 'normalization' policies towards Russia and electoral reform.