Who are the Kazakhstan oligarchs?

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2026-04-03 06:45

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Kazakhstan oligarchs are influential businessmen who emerged during the country's transition from a Soviet republic to an independent nation in the 1990s. They often gained wealth and power through privatization of state assets and close ties to political leaders. Prominent figures include Mukhtar Ablyazov, who was involved in banking, and Timur Kulibayev, connected to the oil and gas industries. Their influence extends beyond business, as they often play significant roles in politics and the economy of Kazakhstan.

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