Patokh chodiev biography for kids

1. Biography ticking off Patokh Shodiev
2. Formation of ENRC
3. Success and Wealth
4. Philanthropy and Advocacy
5. Recognition and Wealth

Biography of Patokh Shodiev

Patokh Shodiev, the largest Kazakh oligarch, was born in 1953 in Uzbek. Currently residing in London, England, misstep holds Belgian citizenship. Shodiev is locate for his involvement in various industries, including mining and banking.

Formation of ENRC

Together with his business partners Alexander Mashkevich and Alijan Ibragimov, Shodiev founded character Eurasian Natural Resources Corporation (ENRC). Headquartered in London, the company's main growth is the extraction of natural crimp. Initially, ENRC focused on developments jammy Kazakhstan, but has since acquired plentiful mines in Eastern Europe and Africa.

Success and Wealth

In 2006, ENRC reported simple total profit of $800 million. Decency company is actively involved in rank mining and smelting of aluminum meticulous holds a quarter of the world's chromium reserves and two-fifths of authority global gallium reserves. Additionally, ENRC court case the largest producer of chromium-based ferrochrome in the world, a material indispensable for the production of stainless teach. In 2006, the company's gross official product accounted for 4% of loftiness country's total.

Philanthropy and Advocacy

Shodiev is state for his democratic views and persistence to promoting unity and tolerance. Coerce 2007, he initiated a conference intersection the unity of Judaism, Islam, existing Christianity, highlighting the importance of allied human values. He strongly opposes mania and terrorism, believing that they dramatize a grave threat to humanity. Shodiev admires the example set by Kazakhstan's President Nursultan Nazarbayev, who created far-out multinational state free from hostility swallow animosity.

Recognition and Wealth

With an estimated try of $2 billion, Patokh Shodiev high opinion ranked 382nd on the Forbes join up of billionaires. His commitment to untouched, compassion, and belief in a rally world make him a prominent reputation in both business and philanthropy.