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Billionaire Profile
Timur Turlov
Global Rank
#590

Image: Fassileety | CC BY-SA 4.0 | via Wikimedia Commons

Timur Turlov

CEO, Stock brokerage
Almaty
Real-Time Net Worth
$6.94B
Estimated based on Stock brokerage stock value as of September 10, 2026
+0.25% (24h)
Age
38
Source
Stock brokerage
Industry
Finance & Investments
Citizenship
Kazakhstan

Biography

Timur Turlov is a prominent Kazakhstani entrepreneur and financier, known for founding Freedom Holding Corp. and serving as its CEO. His career began in finance at a young age, and he quickly gained a reputation for strategic thinking. Turlov's leadership has driven Freedom Holding Corp. to become a multinational financial services group with operations in 22 countries, offering brokerage, banking, and insurance services. His net worth is estimated at $5.4 billion, and he's ranked as one of the wealthiest individuals in the world. He is deeply committed to philanthropy, supporting education, sports, and environmental initiatives within Kazakhstan. Turlov's achievements include a successful IPO on NASDAQ and recognition as a leader in the fintech industry.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$6.94B
2025$5.20B
2024$5.40B
2023$3.30B
2022$2.20B
2021$2.10B
2020$2.10B

Portfolio Holdings

Freedom Holding Corp.

Freedom Holding Corp.

FRHCfinance-investments
$3.40B
Holdings Value
Ownership
69%
Market Cap
$5.00B
Stock Price
$90
Almaty, Kazakhstan
2,900 employees
Founded 2008

In-Depth Profile

Early Life and Education

Timur Turlov was born in Moscow, Russia, on November 13, 1987. He holds a degree in economics. Turlov began his career at 16 as a trader at World Capital Investments (WCI).

Rise to Success

In 2008, at 21 years old, Timur Turlov founded Freedom Finance, a brokerage firm providing access to US stock exchanges. In 2011, he moved to Kazakhstan, opening a subsidiary, Freedom Finance JSC, which became a leading brokerage in the country. By 2019, Turlov consolidated his businesses under Freedom Holding Corp. and took it public on NASDAQ. The company became the first financial institution from the CIS to be listed on the platform.

Key Business Strategies

Turlov's key strategies included attracting retail investors and expanding the company's reach across multiple countries. He focused on innovation, digital solutions, and creating a diversified financial ecosystem. This included the development of a mobile application to manage portfolios and strategic expansion into insurance and banking sectors.

Philanthropy

Turlov is actively involved in philanthropy, supporting education, sports, and environmental initiatives. He serves as President of the Kazakhstan Chess Federation and supports the IQanat High School.

Career Milestones

2003

Trader

Began his career as a trader at the Moscow branch of World Capital Investments (WCI)

2008

Founder of Freedom Finance

Founded Freedom Finance, providing access to US stock exchanges and brokerage services

2011

Relocated to Kazakhstan

Moved to Kazakhstan and established Freedom Finance JSC

2019

NASDAQ Listing

Took Freedom Holding Corp. public on NASDAQ (FRHC)

2023

President of Kazakhstan Chess Federation

Became the President of the Kazakhstan Chess Federation

Philanthropy & Social Impact

Education

IQanat High School

$5.6B

Supports education for students in rural areas

Sports

Kazakhstan Chess Federation

Supports chess initiatives

Sports

QJ League

Supports youth football initiative

Environment

Aral Sea Environmental Projects

Supports environmental projects

Controversies & Challenges

2023

Hindenburg Research Report

Hindenburg Research released a report alleging that Freedom Holding Corp. was involved in business in Russia and circumventing sanctions.

Billionaires Connected to Timur Turlov

Peers in Finance & Investments

All Finance & Investments billionaires

Richest in Kazakhstan

All billionaires from Kazakhstan

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Timur Turlov's net worth in 2026?
As of 2026, Timur Turlov's estimated net worth is $6.942 billion, ranking #590 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Timur Turlov make their money?
Timur Turlov's wealth primarily comes from Stock brokerage, most notably through Stock brokerage.
Where is Timur Turlov from?
Timur Turlov is from Kazakhstan.
How old is Timur Turlov?
Timur Turlov is 38 years old.

Sources & References

  1. Timur Turlov — Forbes profile Forbes