Alisher Usmanov

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Alisher Usmanov

SectionDetails
Full NameAlisher Burkhanovich Usmanov
Date of Birth1953
Place of BirthSmall town in Uzbekistan
Early AspirationsUsmanov initially aspired to a career in diplomacy. He graduated in 1976 from the Moscow State Institute of International Relations with a degree in international law.
Legal ChallengesIn 1980, Usmanov was convicted of fraud and served six years in prison. However, in 2000, the Supreme Court of Uzbekistan overturned the conviction, citing fabricated evidence.
Major BusinessesMetalloinvest: Co-founder; Russia’s largest iron ore extractor.
Investments in Metals: Expanded into aluminum and coal mining.
Tech Investments: Invested in Facebook, Twitter, and Groupon, highlighting his awareness of digital opportunities.
Arsenal F.C.: Acquired a 29% stake in 2007, marking his influence in international sports.
Media Ownership: Bought Kommersant (Russia’s largest newspaper) for $200 million and expanded into TV and music channels.
WealthNamed Russia’s richest person by Forbes in 2011, with a fortune of $18.1 billion. His wealth and influence have since grown, with business interests extending globally, including investments in Australian mining and international copper and gold exploration.
PhilanthropyDonated over $120 million to various causes, including cultural events like the 2018 FIFA World Cup in Russia, showing his dedication to sports and community development.
Personal LifeMarried Irina Viner, a renowned rhythmic gymnastics coach, in 1992. Usmanov is Muslim, while his wife is Jewish, reflecting a culturally blended partnership.
Legacy & InfluenceUsmanov’s life story is one of resilience, with notable successes across mining, technology, sports, and philanthropy. His diverse investments and philanthropic efforts have left a lasting impact on industries worldwide, securing him as a key figure in modern business.

Alisher Usmanov is maybe one of the most outstanding names around the world in business, starting from very humble beginnings, but growing into one of the richest and most influential men in Russia. His story has been marked by resilience, sharp business decisions, and a quite diverse portfolio of investments, in which he has definitively claimed a position as an important player within fields that range from metals to technology and sports.

Born in 1953 in one of the small towns in Uzbekistan, Usmanov intended to pursue a career in diplomacy. He went to study at the Moscow State Institute of International Relations in Russia and, in 1976, graduated with a degree in international law. Things didn’t work out, however: he was on other accounts charged with fraud in 1980 and spent six years in prison. This dark chapter did not define him, however. In 2000, the Supreme Court of Uzbekistan acquitted him, stating that his conviction was unlawful on grounds of fabricated testimony.

After being acquitted, Usmanov directed his attention toward business and made rapid strides. He co-founded Metalloinvest, currently Russia’s largest extractor of iron ore. Later, he said that metals were not enough, so he made his foray into aluminium as well as coal mining. He had invested in various industries, and not just natural resources like oil and gas, but also the newer technological firms like Facebook and Twitter among others, and also Groupon, which pointed out clearly that he knew how to follow the tide of new opportunities.

One of the most well-reported moves made by Usmanov was in 2007: he acquired a 29% stake in Arsenal F.C. of England. In total, his slice made him an important player in the world of sports-and indeed the fastest of words about one of the impassioned followers of the club: who once said ownership is something you can’t actually sell, reflecting a more general approach to business in which personal passion did oftentimes blend with smart, long-term investments.

His business empire spans widely. Apart from mining ventures, Usmanov holds major companies in Russia, such as Ural Steel, Mikhalovsky GOK, and Tulachermet among others. His horizons stretch into the international market, as well, with involvement in Australian mining companies, and a leading role in undersea copper and gold exploration through Nautilus Minerals.

But Usmanov didn’t stop at mining or sports. In 2006, he purchased Kommersant, Russia’s largest newspaper, for $200 million. He then acquired stakes in TV and music channels, shelling out $300 million more to consolidate his gains on the media landscape of Russia. By 2011 Forbes magazine named him Russia’s richest man, with an estimated fortune of $18.1 billion, and from then on, his influence reached all around the world.

On the personal side, Usmanov married Irina Viner-a well-known rhythmic gymnastics coach-in 1992. Combined with him, they carry a blend of the other traditions-he is an active Muslim, while she is Jewish. Apart from business triumph, Usmanov also attracted people’s attention due to his philanthropic activity. He donated more than $120 million for various purposes, which made him one of the most charitable persons in the world. This is evident in how his foundation supported the 2018 FIFA World Cup in Russia, attesting to his love for sports and cultural development.

The story of Alisher Usmanov is very interesting on how he overcame obstacles when things got tough, challenged themselves, and advanced by breaking their own boundaries. From the investments made in metals and tech into passion sports as well as philanthropy, he has shaped industries across the world, leaving an indelible mark on modern business.

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