Mikhail Gutseriev

Mikhail Gutseriev

Mikhail Gutseriev (#487)

In Russia there will never be a family business because of the lack of culture. In Russia, the family business is seen as a mafia clan.

  • $ 8 B
  • Oil, coal, real estate
  • Russia
  • M
  • 68 Years

About Me

Mikhail Gutseriev is a founder and the main shareholder of Safmar Group, a conglomerate with interests in oil, coal, real estate and retail. Between 2015 and 2017, he spent $2 billion acquiring banks, pension funds, oil fields, factories, warehouses, real estate and retail companies. In 2017 Binbank, which was headed by his nephew, former billionaire Mikail Shishkhanov, was nationalized by Russian Central Bank. His son Said is a shareholder of Safmar. His father gave him his financial business and a big appliance store chain. Gutseriev was sanctioned by the U.K. and EU in 2021 for being a "longtime friend" of Belarusian dictator Alexander Lukashenko. In 2022 he transferred assets to Kazakhstani Salman Gutsariyev.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Mikhail Gutseriev’s rise and global influence.

  • #487   Billionaires (2026)

Wealth Growth

Net Worth Growth Over Time

Tracking Mikhail Gutseriev’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $7.7B (May 4, 2026)

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