The Richest Georgians of the World

The Richest Georgians of the World

Georgian Times

2007.02.19 12:20

For the past 12 years the Georgian Times has been conducting an annual
business rating to reveal the best companies and businessmen of the year.
This time we made up a top 80 rich Georgians of the planet on the basis of
the data provided by independent experts and famous businessmen (who
requested anonimity).

The capital of the wealthiest Georgians reflects the volume of assets and
liabilities, business and the market share that these people are holding.

The list of the richest Georgians of the world is being published for the
first time and may contain some minor inaccuracies which will be improved in
the future.

The winner of the rating is the person who has the biggest capital. The
richest people of the world are usually ranked according to their activity
on the stock exchanges. Unfortunately, we cannot apply the same method as
most of the people on the list do not show transparent record of their
wealth.

The reason why we are publishing the list is simple: almost every country in
the world ranks their rich according to their property. We have the same
motivation to do the ranking. It is not up to us to judge how these people
have amassed their fortune. We believe that the more wealthy Georgians we
will have, the better for our country.

All the people on this list are of Georgian origin. All of them can be a big
potential for future investments for Georgia. We urge the government to
improve investment climate and conditions for doing business to make this
happen.

Here is the list of the richest Georgians of the world. The figures are
given in the US dollars.

1) Badri Patarkatsishvili (Georgia) 12 billion

2) Bidzina Ivanishvili (Georgia) 8 billion

3) Turgai Jiner (Turkey) 7 billion

4) Tariel Vasadze (Ukraine) 5 billion

5) Nihat Gogeit (Gogitidze) (Turkey) 4 billion

6) Ismat Ajar (Ajar Holding) (Turkey) 3 billion

7) Temur Sepiashvili (the US) 3 billion

8) Davit Iakobashvili Wimbildan (Russia) 3 billion

9) Tengiz Arshba (Russia) Evraz Holding 2.5 billion

10) Zurab Tsereteli (Russia) 2 billion

11) Davit Zhvania (Ukraine) 1 billion

12) Aslan Abashidze (Russia) 1 billion

Gia Jokhtaberidze (Georgia) 1 billion

13) Anzor Kikalishvili (Georgia) 1 billion

14) Soso Orjonikidze (Russia) 1 billion

15) Kakha Bendukidze (Georgia, Russia) 1 billion

16) Vasil Baghdavadze (Russia) 1 billion

17) Tamaz Somkhishvili (Russia) 700 million

18) Abram Nanikashvili (Israel) 700 million

19) Davit Bezhuashvili (Georgia) 600 million

20) Vika Gelovani (Moscow) 500 million

21) Shota Boterashvili (Russia) 500 million

22) Buta Eliava (Russia) 500 million

23) Levan Vasadze (Russia) 500 million

24) Roman Pipia (Russia) 500 million

25) Temur Karchava (Russia) 500 million

26) Badri Kakabadze (Russia) 500 million

27) Mikheil Mirelashvili (Russia) 500 million

28) Shota Boterashvili (Russia) 500 million

28) Tariel Oniani (Spain) 400 million

29) Mamuka Khazaradze (Georgia) 400 million

30) Aleksandre Ebralidze (Russia) 300 million

32) Pantiko Tordia (Georgia) 250 million

33) Irakli Okruashvili (Georgia) 250 million

34) Kibar Khalvashi (Georgia) 200 million

35) Temur Chkonia (Georgia) 200 million

36) Giorgi Ramishvili (Georgia) 200 million

37) Valery Meladze (Russia) 200 million

38) Sandro Mezhevidze (Georgia) 160 million

39) Kakha Okrishvili (Georgia) 150 million

40) Zaza Okuashvili (Georgia) 100 million

41) Maia Rcheulishvili (Georgia) 100 million

42) Paata Kurtanidze (Georgia) 100 million

43) Zura Kinikhadze (Russia) 100 million

44) Levan and Soso Phkhakadzes (Georgia) 100 million

45) Valery Gelashvili (Georgia) 100 million

46) Roman Tskhvirashvili (the US) 100 million

47) Gocha Zasokhov (Georgia) 100 million

48) Vano Chkhartishvili (Georgia) 100 million

49) Pridon Injia (Georgia) 100 million

50) Zurab Noghaideli (Georgia) 75 million

51) Zaza Nishnianidze (Georgia) 70 million

52) Laura Ghachava (Georgia) 60 million

53) Temur Ugulava (Georgia) 60 million

54) Gogi Topadze (Georgia) 50 million

55) Kote Gogelia (Russia) 50 million

56) Nugzar Shevardnadze (Georgia) 50 million

57) Lasha Papashvili (Georgia) 50 million

58) Vano Zodelava (Georgia) 50 million

59) Ilia Kokaia (Austria) 50 million

60) Ilo Mosiashvili (Israel) 50 million

61) Gogi Liparteliani (Georgia) 50 million

62) Elguja Bubutaishvili (Georgia) 40 million

63) Tamaz Gaiashvili (Georgia) 40 million

64) Kakhi Kaladze (Georgia) 40 million

65) Gia Sheradze (Georgia) 30 million

66) Levan Pirveli (Austria) 22 million

67) Kako Chkhaidze (Georgia) 20 million

68) Avtandil Tsereteli (Georgia 20 million

69) Guram Akhvlediani (Georgia) 20 million

70) Nika Chikovani (Georgia) 20 million

71) Avtandil Jorbenadze (Georgia) 20 million

72) Melor Tkeshelashvili (Georgia) 20 million

73) Jemal Inaishvili (Georgia) 20 million

74) Temur Apsadze (Austria) 20 million

75) Archil Gegenava (Georgia) 15 million

76) Irakli Iashvili (Georgia) 15 million

77) Zaza Sioridze (Georgia) 15 million

78) Aleko Gotsiridze (Georgia) 10 million

79) Niko Lekishvili (Georgia) 10 million

80) Levan Gachechiladze (Georgia) 10 million

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS