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Kenes (Kenges) Rakishev Rises Even Higher on 2018 Forbes Ranking

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Kenes (Kenges) Rakishev Rises Higher on Forbes Ranking of Influential Kazakh Businessmen

Since 2011, Forbes Magazine has consistently ranked Kenes (Kenges) Rakishev as one of the 50 Most Successful and Influential Businessmen in Kazakhstan, but the prominent entrepreneur, venture capitalist, and philanthropist succeeded in rising to 14th place on the list in 2018.

What makes Kenes (Kenges) Rakishev so successful?

There are several reasons behind the 39-year-old investor’s success. Rakishev’s fine education gave him a solid foundation while his experience in a diverse range of fields brought him to the point he is at today. Here are some facts about Rakishev that demonstrate his dynamic approach:

  • Rakishev is the sole owner of Fincraft, an investment holding company that owns shares of several foreign companies, including a Norwegian energy firm called Araca Energy ASA and the American electronic payment system, PayPal.
  • Rakishev is the owner of 22.42% of a top gold mining company listed on the London Stock Exchange Petropavlovsk, 77.72% of SAT & Company’s shares, 16.1% of Standard Insurance Company’s shares, and 18.3% of mobile-payment specialist NetElement.
  • Rakishev co-founded Singulariteam, a venture capital fund with a range of successful investments that include Sirin Labs, the manufacturer of the world’s first blockchain smartphone, ‘Finney’, as well as ‘Saga’, the first stable cryptocurrency, and ‘General Robotics’, a company that manufactures combat robots.
  • Rakishev is the co-founder of the Saby Charitable Foundation, a Kazakhstan-based fund launched in 2002. Saby has raised funds through charity auctions and donations and has developed a range of special programs.
  • Rakishev is the controlling shareholder of BTA Bank. He played an active role in pursuing stolen assets worth billions of dollars after the bank was subject to one of the world’s biggest financial frauds prior to his arrival.

Kenes (Kenges) Rakishev’s achievements are a testament to his work ethic and proof of how one can reap the fruit of strenuous effort.