Bidzina Ivanishvili Net Worth is$6.4 Billion
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Date of Birth: Feb 18, 1956

Net Worth: View Boris Ivanishvili Net Worth

What is Bidzina Ivanishvili's net worth? Bidzina Ivanishvili's net worth is $6.4 billion dollars which makes him the richest person in the country of Georgia. Born in Chorvila, Georgia, Bidzina Ivanishvili graduated from Tbilisi State University with degrees in Engineering and Economics. He then went on to earn his PhD from the Moscow State University of Railway Engineering. He co-founded Rossiysky Kredit, a holding firm with longtime business partner, Vitaly Malkin. He amassed the majority of his wealth buying up small coal and metal mining companies, and selling them for large profits. He is also involved in multiple real estate developments, and owns portions of a range of hotels, including Hotel Lux, as well as holding a large stake in Doctor Stoletov, a chain of Russian drugstores. He has recently focused much of his attention on the development of Georgian Dream - Democratic Georgia, a political party he launched in opposition to the current Georgian government in early 2012. The party is currently being investigated due to allegations of vote buying.
Bidzina Ivanishvili (Georgian: ?????? ??????????; born 18 February 1956, Chorvila) is a Georgian politician and businessman. In march 2010, Ivanishvili was granted French citizenship which resulted in him losing its Georgian citizenship in October 2011 in accordance with the article 32 of the Georgian legislation, shortly after announcing his intention to form a political party to challenge the president Saakashvili. . In March 2012, Ivanishvili, the leader of an opposition coalition Georgian Dream, was ranked at 153 in Forbes magazine's annual list of the world's billionaires with an estimated worth of USD 6.4 billion, making him the richest Georgian in the world. His political allies argued that it may not have been a coincidence that this happened.
On June 11 2012, Bidzina Ivanishvili was imposed a USD 90,9 million fine for violating the legislation on party funding. Bidzina Ivanishvili is also under investigation on charges of using companies Burji, Elita Burji and Global Consulting Group for political and electoral goals.
He is also known as Boris Ivanishvili. Bidzina Ivanishvili went by the name of Boris while working in Russia, and was widely reported under that name in the West. However, he has gone by Bidzina since 2011.
Bidzina Ivanishvili was born the youngest of five children to a poor family in the Georgian village of Chorvila. His father worked in a manganese factory. He graduated high school in Sachkhere and went to Tbilisi State University to study engineering and economics. In 1982, he went to Moscow to pursue a Ph.D in economics at the Moscow State University of Railway Engineering.
He met Vitaly Malkin, a Russian businessman now into politics , with whom he formed a partnership selling computers, and later importing what was then a novelty in Russia, push-button telephones. The source of his wealth is metals and banking. Forbes's description of the secret of his success could apply to dozens of other oligarchs: "He bought firms that n

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Bidzina Ivanishvili Latest News

Georgia’s Next Leader May Be a Billionaire Zookeeper with Albino Rapper Children

With a scorching Georgian summer drawing to a close, and October 1 parliamentary elections around the corner, the billionaire Bidzina Ivanishvili—the only serious threat to President Mikheil Saakashvili’s current hold on power—is finally deigning to ...
Posted: September 28, 2012, 9:14 am

The Vito Corleone of Georgia

It was a picture that launched a million tweets. A 650-pound tulip tree uprooted by eccentric Georgian billionaire and former Prime Minister Bidzina Ivanishvili floating on a barge. Mr. Ivanishvili dug up the 135-year-old tree, along with two giant swamp ...
Posted: June 14, 2016, 7:36 pm

Luis Navarro: Little Opportunity for Opposition Success in Short Term

The Georgian Dream government has also been criticized for what some call it – the informal governance – or the behind-the-scene rule of the previous Prime Minister and the ruling party founder Bidzina Ivanishvili. What is your take on his possible ...
Posted: September 13, 2017, 6:30 am

Georgia Politics

The defense ministry of Georgia will supply weapons, live ammunition and explosives to a TV channel run by the rap-artist—son, Bera Ivanishvili, of former Prime Minister Bidzina Ivanishvili, the Georgian government’s alleged éminence grise.
Posted: September 24, 2017, 2:30 pm

Venice Commission tentatively approves draft of new Georgian constitution, opposition preparing protests

If the authorities controlled by oligarch Bidzina Ivanishvili adopt their draft constitution, the people will have the right to defend the constitutional system, including through mass protests," leader of the opposition Labor Party Shalva Natelashvili ...
Posted: September 22, 2017, 12:44 pm
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