Suleyman Kerimov Net Worth

He provided credit to large Russian corporations that were struggling, and then earned massive returns when the Russian economy stabilized. In 2008, he sold the majority of his Russian assets as the Russian economy destabilized. He poured much of his wealth into buying shares in such companies as Morgan Stanley, Goldman Sachs, and Credit Suisse. Unfortunately, these companies ended up incurring large losses when the US economy plummeted, and he lost a significant portion of his wealth. He has since largely recovered, by reinvesting in Russian companies.