Skip to content
Subscribe
Billionaire Profile
Patokh Chodiev
Global Rank
#3083

Image: Rael stomp | CC BY-SA 3.0 | via Wikimedia Commons

Patokh Chodiev

CEO, Mining
Almaty, Kazakhstan
Real-Time Net Worth
$1.20B
Estimated based on Mining stock value as of August 24, 2026
0% (24h)
Age
73
Source
mining, metals
Industry
Metals & Mining
Citizenship
Belgium

Biography

Patokh Chodiev is a prominent Belgian-Uzbek businessman and philanthropist, born in Uzbekistan in 1953. His wealth stems from his significant involvement in the mining and metals industries. Chodiev co-founded Eurasian Natural Resources Corporation (ENRC), a leading natural resources company, and has expanded his ventures across Kazakhstan, Africa, and Brazil. His career includes a diplomatic stint specializing in Russian-Japanese commercial relations and a doctorate in political science from the Moscow State Institute of International Relations (MGIMO). Chodiev's achievements include founding the International Chodiev Foundation, contributing to education, intercultural relations, and the arts, earning him recognition from Russia and Japan. As of 2024, his net worth is estimated at $1.2 billion.

AI-Assisted Draft
Not yet reviewed by an editor — how we work
Data Updated
Aug 23, 2026
Report a Correction

Wealth Over Time

Net Worth History

YearNet Worth
2026$1.20B
2024$1.20B
2023$1.20B
2022$1.20B
2021$1.20B
2020$1.20B

Portfolio Holdings

Eurasian Resources Group (ERG)

Eurasian Resources Group (ERG)

metals-mining
Luxembourg
70,000+ employees
Founded 1990

In-Depth Profile

Early Life and Education

Patokh Chodiev was born in Jizzakh, Uzbekistan, on April 15, 1953. He showed an early interest in global affairs, studying international law and Japanese at the Moscow State Institute of International Relations (MGIMO). He graduated with honors and earned a doctorate in political science. His fluency in Japanese led him to a diplomatic career specializing in Russian-Japanese commercial relations.

Rise to Success

Chodiev transitioned from diplomacy to business, capitalizing on the privatization of resources in Kazakhstan after the collapse of the Soviet Union. Together with partners Alexander Machkevich and Alijan Ibragimov, he obtained mineral and gas operations, laying the foundation for Eurasian Natural Resources Corporation (ENRC). ENRC was listed on the London Stock Exchange in 2007, and later restructured into Eurasian Resources Group (ERG).

Key Business Strategies

Chodiev's success stems from his strategic approach to the mining and metals sectors. He focused on acquiring and developing mineral assets in Kazakhstan, Africa, and Brazil. ENRC/ERG became a leading diversified natural resources group. His ventures have included investments in Eurasian Bank and Eurasia Insurance Company.

Philanthropy

Chodiev is known for his philanthropic efforts through the International Chodiev Foundation (ICF), established in 1996. The ICF supports academic research, the arts, and children's causes in Russia, Kazakhstan, Uzbekistan, and Japan.

Career Milestones

1976

Graduated from MGIMO

Obtained a degree in international law and Japanese.

1976-1989

Diplomatic Service

Specialized in Russian-Japanese commercial relations.

1989

Founded mining business (ERG)

Founded a global mining business which later became Eurasian Resources Group (ERG).

1996

Established the International Chodiev Foundation

Founded a charitable organization supporting education and arts.

2007

ENRC listed on London Stock Exchange

Eurasian Natural Resources Corporation was listed on the London Stock Exchange.

2019

Awarded 'Patron of the Year'

Awarded 'Patron of the Year' by the Russian Ministry of Culture.

2020

Awarded the Order of Friendship

Awarded the Order of Friendship by Russia for his contributions.

2020

Awarded the Order of the Rising Sun

Awarded the Order of the Rising Sun (First Class) by Japan for his contributions.

Philanthropy & Social Impact

Education and Arts

International Chodiev Foundation (ICF)

Provides grants, scholarships, and support for academic research, arts, and children's causes.

Business Philosophy & Leadership

Notable Quotes

"The main thing is to want this very much and to go, without stopping, to the set goal – even when it's difficult, because if you give up it will seem that the whole world is against you."

Leadership Principles

Strategic Vision

Focus on long-term growth and diversification in the mining and metals sector.

Philanthropic Commitment

Dedication to supporting education, culture, and humanitarian causes through the International Chodiev Foundation.

Controversies & Challenges

2016

Panama Papers

Linked to offshore companies.

2018

ENRC Bribery Allegations

ENRC was accused of engaging in bribery to obtain mining rights.

2017

Belgian Naturalization Inquiry

Chodiev's Belgian naturalization became the subject of an official inquiry.

Billionaires Connected to Patokh Chodiev

Peers in Metals & Mining

All Metals & Mining billionaires →

Richest in Belgium

All billionaires from Belgium →

Adjacent Global Ranks

Full global ranking →

Compare Patokh Chodiev

Net Worth Face-off
Patokh Chodiev vs Elon Musk
Compare Wealth →
Net Worth Face-off
Patokh Chodiev vs Jeff Bezos
Compare Wealth →
Net Worth Face-off
Patokh Chodiev vs Mark Zuckerberg
Compare Wealth →

Frequently Asked Questions

What is Patokh Chodiev's net worth in 2026?
As of 2026, Patokh Chodiev's estimated net worth is $1.204 billion, ranking #3083 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Patokh Chodiev make their money?
Patokh Chodiev's wealth primarily comes from mining, metals, most notably through Mining.
Where is Patokh Chodiev from?
Patokh Chodiev is from Belgium.
How old is Patokh Chodiev?
Patokh Chodiev is 73 years old.

Sources & References

Citations for this profile have not been published yet. Net worth figures here are estimates and should not be treated as verified. See our methodology for how these estimates are produced, or report a correction.