Megdet Rahimkulov

Mihail Rahimkulov (Russian: Михаил Николаевич Рахимкулов, also known as Megdet Rahimkulov, 16 October 1945, Moscow) is a Russian businessman of Tatar origin. He was a Gazprom executive[2] and also the former head of Panrusgaz and Általános Értékforgalmi Bank. He was the wealthiest person in Hungary, until his return to Moscow in 2008 and he is a leading owner of OTP Bank.[3]

Megdet Rahimkulov
Born (1945-10-16) 16 October 1945
Moscow, Soviet Union
CitizenshipRussia
Occupationbusinessman, economist
Known forholdings in OTP Bank
former executive (Gazprom)
former head of Panrusgaz and Általános Értékforgalmi Bank
Net worth$ 1.4 billion [1]
Board member ofOTP Bank
ChildrenTimur
Ruslan
and one other son

His assets are now managed by a holding company in Cyprus.[1]

Early life

Rahimkulov received his first higher education at the All-Union Correspondence Financial and Economic Institute. He graduated in 1973. In 1978, Rahimkulov earned a second diploma from the State University of Management in Moscow.

In 1971, Rahimkulov, still a student, took a job at the USSR Ministry of the Gas Industry.[4]

Career

After graduating from the State University of Management, Rahimkulov became deputy head of Soyuzgazavtomatiki, a Mingazprom enterprise. From 1989 to 1992, he was the general director of Gazexport. In 1992, Rahimkulov was appointed General Director of OOO Interpromkom (InterProm), a company that supplied IT equipment to Gazprom.[4]

Rahimkulov became a Chief Executive and 10% owner of a Gazprom and MOL joint venture in the mid 1990s. MOL is a Hungarian multinational oil and gas company. When Gazprom acquired AEB, a Hungarian bank, Rahimkulov maintained a 6% direct holding in the bank until 2011.[1] Rahimkulov and his sons, Ruslan and Timur, sold their entire share of MOL to VCP Capital Partners Unternehmensberatung AG in September 2011.[5]

Rahimkulov bought shares in OTP, a leading Hungarian bank, with the proceeds from the MOL sale.[1] As of September 2017, he and his sons own 24,186,511 shares in OTP, giving them 8.64% ownership of the company.[6]

Personal life

Rahimkulov is married to Salina Galina Dmitrievna. They have two adult sons, Timur and Ruslan, as well as one other son. In 2009, Rahimkulov declared that he had seven grandchildren.[7]

References
  1. "Forbes Profile". Forbes. Retrieved 8 March 2018.
  2. Putin's game in European energy: divide and conquer Spectator, The, Nov 3, 2007 by Barnett, Neil
  4. "БИОГРАФИЯ — МЕГДЕТ РАХИМКУЛОВ". FinParty. Retrieved 8 March 2018.
  5. "Rahimkulov family parts with entire holding in Hungarian MOL". Portfolio.hu. Archived from the original on 8 March 2018. Retrieved 8 March 2018.
  6. "Ownership structure". OTP Bank. Retrieved 8 March 2018.
  7. "Megdet Rakhimulov". FinParty. Retrieved 5 July 2019.
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