Timur Turlov

$6.25 B

Ranked #634 in World

About Timur Turlov

Timur Turlov, a respected Russian-born Kazakh financier, has made a significant mark with his Almaty-based Freedom Finance. The acknowledged cornerstone of the company's success stems from Turlov's strategic education in economics at Moscow Aviation Technology University, coupled with his inherent interest in stock investments. After navigating through the early career phase at World Capital Investments and Yutreyd.ru, he established Freedom Finance in 2008 amidst the financial crisis. As a leading brokerage with a significant presence in thirteen countries, including prominent operations in Kazakhstan—the firm's multi-national expansion has been well documented. Turlov's personal achievements in finance earned him a slot in Forbes, underlining his wealth and influence. He maintains a high profile as a Kazakh tax resident, married with six children, and holds an influential position as head of the Kazakhstan Chess Federation as of 2023.

Born

November 13, 1987 in Moscow, Russian SFSR

Age

38 years

Source Of Wealth

Stock Brokerage

Industries

Finance & Investments

Citizenship

Kazakhstan

Residence

Almaty

Education

Bachelor of Science, Moscow State Technical University

Timur Turlov, a prominent Russian-born Kazakh entrepreneur and financier, was born in Russia. His early life and childhood details remain private, as he has not publicly shared much information about this period.

Timur Turlov: Family

Timur Turlov is a family-oriented individual. He is married and has six children. While details about his family members are not widely known, it is evident that they hold a significant place in his personal life.

Timur Turlov: Career Highlights

Timur Turlov's career journey is marked by notable achievements and milestones. Here are some highlights:

2003: Worked as a trader at the Moscow branch of World Capital Investments (WCI) after completing high school.
2005: Hired by Yutreyd.ru, a subsidiary of "Uniastrum Bank," to manage American stock market operations.
2008: Founded Freedom Finance, providing access to US stock exchanges and brokerage services.
2011: Moved to Kazakhstan and opened Freedom Finance JSC subsidiary two years later.
2015: Became the main shareholder of Freedom Holding Corp.
2018: Earned "Financial Elite of Russia" award, recognized as the most fast-growing broker.
2019: Listed shares on American technology stock exchange Nasdaq, making Freedom Holding the first financial institution from the Commonwealth of Independent States on Nasdaq.
2022: Announced withdrawal from the Russian market, completed in October the same year.
2023: Became head of Kazakhstan Chess Federation.

Timur Turlov: Companies

Timur Turlov has been instrumental in establishing and leading several companies. Here are some notable entities associated with him:

Freedom Finance: Founded in 2008, Freedom Finance provides access to US stock exchanges and brokerage services.
Freedom Finance JSC: A subsidiary of Freedom Finance, established in Kazakhstan in 2013.
Freedom Holding Corp: Became the main shareholder in 2015, uniting Freedom Finance Investment Company, Freedom Finance JSC, Freedom24, and Freedom Finance Bank under the Freedom Holding brand.

Timur Turlov: Major Achievements

Timur Turlov has achieved significant milestones throughout his career.

Some of his major achievements include:

Growing Freedom Finance: Successfully grew Freedom Finance by attracting retail investors through active selling of American securities.
Recognition and Awards: Earned the "Financial Elite of Russia" award in 2018 for being the most fast-growing broker.
Public Listing: Listed shares on Nasdaq in 2019, making Freedom Holding the first financial institution from the Commonwealth of Independent States on Nasdaq.
Wealth Accumulation: Ranked 1517th on Forbes Global 2000 list in 2021, with a fortune of $2.1 billion.

Timur Turlov: Awards & Achievements

Timur Turlov's contributions to the financial industry have been recognized through various awards and achievements. Here are some notable accolades:

"Financial Elite of Russia" Award (2018): Recognized as the most fast-growing broker.
Forbes Global 2000 List (2021): Ranked 1517th with a fortune of $2.1 billion.
Forbes List of Wealthiest People in Kazakhstan (2022): Ranked 7th with a worth of $2.2 billion.

Timur Turlov: Personal Life & Legacy

Timur Turlov maintains a private personal life. He is married with six children and has been domiciled in Kazakhstan since 2011. In June 2022, he acquired Kazakh citizenship, renouncing his Russian and St. Kitts and Nevis citizenship. Turlov is also a columnist for the American version of Forbes, sharing his insights on financial matters.

Timur Turlov: Trivia

Timur Turlov was included in Ukraine's sanctions list in December 2022, which he challenged as a "mechanical error."
In January 2023, he became the head of the Kazakhstan Chess Federation, demonstrating his interest in promoting chess in the country.

Wealth History

Timeline

2003

Worked as a trader at the Moscow branch of World Capital Investments (WCI) after high school.

2005

Hired by Yutreyd.ru, a subsidiary of "Uniastrum Bank" to handle American stock market operations.

2008

Founded Freedom Finance, providing access to US stock exchanges and brokerage services.

2009

Graduated from Moscow Aviation Technology University (MATI) as an economist manager.

2011

Moved to Kazakhstan.

2013

Opened Freedom Finance JSC subsidiary in Kazakhstan.

2015

Became main shareholder of Freedom Holding Corp.

2018

Earned "Financial Elite of Russia" award, recognized as the most fast-growing broker.

2019

Listed shares on American technology stock exchange Nasdaq, making Freedom Holding the first financial institution from the Commonwealth of Independent States on Nasdaq.

2021

Ranked 1517th on Forbes Global 2000 list, with a fortune of $2.1 billion.

2022

Ranked 7th on Forbes list of wealthiest people in Kazakhstan, with a worth of $2.2 billion.

2022

Announced withdrawal from the Russian market, completed in October the same year.

2022

Acquired Kazakh citizenship in June, renouncing Russian and St. Kitts and Nevis citizenship.

2023

Became head of Kazakhstan Chess Federation.

Timur Turlov : FAQs

What is Timur Turlov's current net worth?

Timur Turlov's current net worth is $6.25 billion.

What is Timur Turlov's current global rank among billionaires?

Timur Turlov holds the 634th position globally among billionaires.

What is Timur Turlov's current ranking within the Kazakhstan?

Timur Turlov holds the 2nd position in Kazakhstan.

What was the change in Timur Turlov's net worth compared to the previous year?

Timur Turlov's net worth increased by 1.01 billion dollars compared to the previous year 2025, when his net worth was 5.24 billion dollars.

What is the recent change in Timur Turlov's net worth?

Timur Turlov's net worth increased by 135.7 million dollars recently, a 2.17% increase, with his net worth standing at 6.25 billion dollars.

What are Timur Turlov's main sources of wealth?

Timur Turlov's main source of income comes from Stock Brokerage.

In which industry does Timur Turlov primarily operate?

Timur Turlov is primarily involved in the Finance & Investments industry.

What is Timur Turlov educational background?

Timur Turlov holds a Bachelor of Science from Moscow State Technical University.

How old is Timur Turlov?

Timur Turlov is 38 years old.

How many children does Timur Turlov have?

Timur Turlov has 5 children.

Who is Timur Turlov, and what company did he found?

Timur Turlov is a Russian-born Kazakh entrepreneur and financier, and the founder of Almaty-based Freedom Finance.

What are Timur Turlov's academic qualifications?

Timur Turlov graduated from Moscow Aviation Technology University (MATI) in 2009 as an economist manager.

How did Freedom Finance grow under Timur Turlov's leadership?

Under Timur Turlov's leadership, Freedom Finance grew by providing access to US stock exchanges, attracting retail investors, and was recognized as the fast-growing broker, earning the 'Financial Elite of Russia' award in 2018, and ranking 8th at Moscow Exchange based on registered clients in early 2022.

What steps has Timur Turlov taken for the expansion of Freedom Finance in Kazakhstan and internationally?

For the Kazakhstan expansion, Timur Turlov opened Freedom Finance JSC subsidiary, which became a leading trading participant at the Kazakhstan Stock Exchange. Internationally, he united various companies under the Freedom Holding brand and opened subsidiaries in Ukraine, Kyrgyzstan, Uzbekistan, Germany, and Cyprus from 2015 to 2018.

What milestones and significant events marked Timur Turlov's career and personal life?

Significant milestones in Timur Turlov's career include the Nasdaq listing of Freedom Holding's shares in 2019, and withdrawing from the Russian market in 2022. In his personal life, he became tax resident and acquired citizenship of Kazakhstan in 2022, renounced other citizenships, and was appointed head of the Kazakhstan Chess Federation in 2023.