5. Alijan Ibragimov
Net Worth: $ 2 Billion
Source of Wealth: Metals
Eurasian Resources Group (ERG), of which Alijan Ibragimov is part owner, got its start investing natural resources in Kazakhstan in the mid-1990s. With partners Alexander Machkevich and Patokh Chodiev (both billionaires), he took Eurasian Natural Resources Corp. (ENRC) public in London in 2007. They delisted ENRC in 2013, after its stock price deflated amid a market downturn, stalled growth and investigative inquiries. Today, ERG is a diversified natural resources group with production assets and development projects in 14 countries across four continents. Its activities range from mining and smelting to energy production, logistics and financial services (Kazakhstan’s Eurasian Bank is a subsidiary).