What is Bidzina Ivanishvili's Net Worth?
Bidzina Ivanishvili is a Georgian billionaire tycoon who has a net worth of $5.2 billion. That makes Bidzina Ivanishvili the richest person in the country of Georgia. Born in Chorvila, Georgia, Bidzina Ivanishvili graduated from Tbilisi State University with degrees in Engineering and Economics. He then went on to earn his PhD from the Moscow State University of Railway Engineering. He co-founded Rossiysky Kredit, a holding firm with longtime business partner, Vitaly Malkin.
He amassed the majority of his wealth buying up small coal and metal mining companies, and selling them for large profits. He is also involved in multiple real estate developments, and owns portions of a range of hotels, including Hotel Lux, as well as holding a large stake in Doctor Stoletov, a chain of Russian drugstores. He has recently focused much of his attention on the development of Georgian Dream – Democratic Georgia, a political party he launched in opposition to the current Georgian government in early 2012. The party is currently being investigated due to allegations of vote buying.
