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Patokh Chodiev Net Worth

Patokh Chodiev Net Worth

Patokh Chodiev Net Worth $2.1 Billion

Patokh Chodiev is certainly one of the founders and shareholders of the Eurasian Natural Resources Corporation (ENRC) and he has an estimated net worth of $2.1 billion according to Forbes as of March 2013. With his wealth, he is the second wealthiest man in Belgium and is rated 704th in the list of World Billionaires. Produced on April 15, 1953 in Jizzakh, Uzbekistan, Fattoh Kayumovich Shodiev has made his estimated net worth of $2.1 billion with ENRC, one of the leading diversified natural resources groups with integrated mining, processing, energy, logistical, and advertising operations. It has become one among the global leaders in the creation of ferrochrome, alumina and iron core. In addition, it has consolidating assets in Kazakhstan and Africa together with in Eastern Europe and Africa. He later established the Chodiev Group. He is a part of the “Trio” along with Alexander Mashkevich and Alijan Ibragimov. The group is composed of Central Asian businessmen who made their fortune in minerals, oil, gas, and banking in Kazakhstan. In the previous twelve months, shares in ENRC have lost more than half of the worth based on government concerns. To be able to ease the relations involving the threesome along with the board, a new chairman is working on the concerns. The organization continues to enlarge its business and has been exploring the selling of international assets. In December 2012, the business made a $550 million bid for the remaining 49.5 percent of Camrose Resources that ENRC does not yet own and buy out the stake of Israeli billionaire Dan Gertler.

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