Four billionaires of Kazakhstan have lost $ 3 billion amid protests and riots that began in the country in the new year, according to the American Forbes.
From 4 to 8 January, the fortune of the chairman of the board of directors of the Kazakh payment and fintech company Kaspi.kz Vyacheslav Kim, the general director of the same company Mikhail Lomtadze, as well as the middle daughter of the first president of Kazakhstan Nursultan Nazarbayev Dinara Kulibayeva and her husband Timur Kulibayev decreased by $ 3 billion.
In particular, Kim lost about $ 1.5 billion – his fortune fell from $ 5.7 to $ 4.2 billion in a few days. Lomtadze’s fortune after the collapse of the value of Kaspi.kz shares by 30% is $ 3.8 billion against $ 5.2 billion.
“The share price fell after reports that banks would not process pension payments until the end of the government-declared state of emergency, scheduled for January 19,” Forbes said.
Nazarbayev’s daughter and her husband lost a total of about $ 200,000, now their fortune is estimated at $ 3 billion each. The Kulibayevs are the majority owners of the People’s Bank, whose value was also affected by the unrest.
Earlier, Kazakh businessmen estimated the damage from the riots at almost $ 184 million. small and medium-sized businesses.
Street demonstrations began in Kazakhstan in the early days of January due to a sharp rise in the price of liquefied gas. In some cities across the country, including Almaty, protests soon escalated into armed clashes with police and looting. A state of emergency is in effect on the territory of Kazakhstan until January 19, and the CSTO, at Tokayev’s request, sent a peacekeeping contingent to the republic to stabilize the situation.
.