Billionaire Profile
B
Global Rank
#1570

Image: Publications Office of the European Union | Public domain | via Wikimedia Commons

Bidzina Ivanishvili & family

CEO, Cartu Bank
GEORGIA
Real-Time Net Worth
$2.7B
Estimated based on Cartu Bank stock value as of April 20, 2026
0% (24h)
Age
70
Source
Investments
Industry
finance-investments
Citizenship
GEORGIA

Biography

Bidzina Ivanishvili, born February 18, 1956, is a Georgian businessman, politician, and billionaire. He made his fortune in Russia during the 1990s through investments in banking and metals after starting his career selling computers. Ivanishvili entered Georgian politics in 2012, founding the Georgian Dream party and serving as Prime Minister from 2012 to 2013. His wealth has been estimated at $7.6 billion in 2024. Ivanishvili is known for his philanthropy, donating over $3 billion to charity. He is the richest person in Georgia, and holds dual citizenship of Georgia and France. As of late 2023, he serves as the honorary chairman of the Georgian Dream party.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Bidzina Ivanishvili was born on February 18, 1956, in the village of Chorvila, Georgia. He grew up in a poor family, where his father worked in a manganese factory. Ivanishvili attended Tbilisi State University, graduating in 1980 with a degree in engineering and economics. He later pursued a PhD in economics at the Moscow State University of Railway Engineering.

Rise to Success

Ivanishvili started his business career in 1988 in the Soviet Union, founding a cooperative. He partnered with Vitaly Malkin to sell computers and push-button telephones in Moscow. After the collapse of the Soviet Union, he acquired banking and metal assets during the privatization of state assets. In 2002, he moved to France and became a French citizen.

Political Career and Achievements

In 2011, Ivanishvili entered Georgian politics by founding the Georgian Dream-Democratic Georgia party. He won the 2012 parliamentary election and served as Prime Minister of Georgia from October 2012 to November 2013. During his time as Prime Minister, key policies included a Universal Healthcare Program, prison reform, and improved relations with the EU and Russia. Ivanishvili has also been involved in charitable activities, including donating to the StopCoV Fund during the COVID-19 pandemic.

Philanthropy

Ivanishvili and his wife Ekaterine Khvedelidze founded the Cartu International Charity Foundation in 1995. He has donated over $3 billion to charity. In January 2021, Ivanishvili donated 90% of his material assets, worth $1.5 billion, to the Cartu Charity Foundation.

Career Milestones

1988

Founded a cooperative

Established a cooperative business in the Soviet Union.

1990

Founded Rossiisky Kredit Bank

Co-founded the bank that would become the cornerstone of his wealth.

2012

Founded and led Georgian Dream Party

Won the 2012 Parliamentary Election and became Prime Minister.

2012-2013

Prime Minister of Georgia

Served as Prime Minister, implementing key policies.

2023

Honorary Chairman of Georgian Dream

Returned to politics as honorary chairman.

Philanthropy & Social Impact

Charity

Cartu International Charity Foundation

$XB

Founded in 1995, it supports various projects in Georgia, including art, sports, and building repairs.

COVID-19 Relief

COVID-19 Relief

$32M

Donated to the StopCoV Fund to fight the coronavirus pandemic.

Sports

Donation to Georgian National Soccer Team

$10.7M

Donation after Georgian team qualified for Euro 2024.

Controversies & Challenges

2024

U.S. Sanctions

Sanctioned by the United States and EU countries for undermining Georgian democracy and advancing Russian interests.