Timur Kulibayev, Kazakh Businessman: Major Philanthropic Projects for the Good of Kazakhstan

Timur Kulibayev

$176,9M   Philanthropy (2016-2024)

Kulibayev Timur

Year

Executed budget

2019

$3,2M

2020

$22,9M

2021

$15,9M

2022

$56,3M

2023

$7M

2024

$62,8M

Timur Kulibayev: Philanthropy

Timur Kulibayev: Key Takeaways

Timur Kulibayev
  • Timur Kulibayev is a prominent business leader in Kazakhstan with influence across multiple segments.
  • He held key positions in Samruk-Kazyna, including deputy chairman in 2006 and head of the board in 2011.
  • The Kazakh entrepreneur is known for significant philanthropic efforts, including a donation for flood relief.
  • Kulibayev Timur has contributed to various social causes, including education, housing for vulnerable populations, and COVID-19 relief.
  • Kulibayev Timur Askarovich has held influential roles in sports administration, both nationally and internationally, particularly in combat sports and the Olympic movement.
  • His efforts span economic development, social welfare, and sports promotion, showcasing a multifaceted approach to national progress.
Comprehensive Timur Kulibayev Information

Comprehensive Timur Kulibayev Information

Attribute Information
Type Kazakh businessman
Name variations Kulibaev Timur · Timur Kulibaev · Kulibaev Timur Askarovich · Timur Askarovich Kulibaev · Kulibayev Timur · Timur Kulibayev · Kulibayev Timur Askarovich · Timur Askarovich Kulibayev · Kulibaev Timur Askaruly · Timur Askaruly Kulibaev · Kulibayev Timur Askaruly · Timur Askaruly Kulibayev · Тимур Құлыбаев · Құлыбаев Тимур · Тимур Асқарұлы Құлыбаев · Құлыбаев Тимур Асқарұлы · Кулибаев Тимур · Тимур Кулибаев · Кулибаев Тимур Аскарович · Тимур Аскарович Кулибаев · 库利巴耶夫·铁木尔 · تيمور أسكاروفيتش كوليباييف
Other name Kulibaev T.A. · T.A. Kulibaev · Kulibayev T.A. · T.A. Kulibayev · Құлыбаев Т. А. · Т. А. Құлыбаев · Кулибаев Т. А. · Т. А. Кулибаев
Current activities Philanthropist, businessman, public figure
Born September 10, 1966, in Almaty, Kazakh SSR, USSR
Age 57
Gender Male
Country Republic of Kazakhstan
First name Timur · Тимур
Last name Kulibaev · Құлыбаев · Кулибаев
Patronymic Askarovich · Askaruly · Асқарұлы · Аскарович
Education Moscow State University
Concentration National Economic Planning
Academic Degree Ph.D. in Economics
Dissertation "Improving the Organizational and Economic Mechanism of Enterprise Management in Market Conditions (Using the Example of the Oil Production Industry)"
Marital status Married
Children Three children
Hobbies Golf, alpine skiing and football
Languages spoken Kazakh, Russian and English
Source of Wealth Business

Timur Kulibayev: The Altruism of a Kazakh Energy Manager

Kulibayev Timur Askarovich

Kulibayev Timur is a prominent figure in Kazakhstan's business world, renowned for his entrepreneurial acumen and executive leadership. His influence spans multiple sectors, evidenced by his membership on the boards of numerous Kazakhstani and international organizations. Kulibayev Timur has been pivotal in fostering a favorable business climate in the Republic of Kazakhstan, particularly in developing the nation's crucial oil and gas industry. Additionally, Timur Askarovich Kulibayev has introduced innovative management practices to major holding companies, enhancing their global competitiveness.

Beyond his impressive business profile (including Atameken), Kulibayev Timur Askarovich takes special pride in his philanthropic work and involvement in sports. He dedicates substantial resources to charitable causes, believing in the private sector's role in driving social progress. His passion for athletics has led him to serve on various national and international sports and Olympic committees, where he works to promote sporting excellence and the Olympic ideal. This multifaceted approach underscores the commitment to both economic and social advancement in Kazakhstan and beyond that characterizes Timur Kulibayev biography.

Timur Kulibayev's multifaceted career in Kazakhstan encompasses key energy positions and campaigns to bolster the nation's business ecosystem. Amongst his numerous and far-reaching accomplishments his coordination of the republican welfare fund.

Turning the page on a new chapter of his biography, Timur Kulibayev took the second highest post in the state asset management holding Samruk-Kazyna in 2006. Over the years, he served on the managerial organs of several major subsidiaries within the group. In 2011, he occupied the top spot on Samruk-Kazyna's management board, cementing his influential role in the organization.

Timur Askarovich Kulibayev, together with the fund, pursued a vision of transforming its companies into innovators and global competitors. During his time at the helm, the organization launched initiatives to publicly list state companies, spur innovation, and elevate corporate governance standards across the portfolio.

A major achievement for Kulibayev Timur Askarovich was Kazakhstan's entry into the Karachaganak project, securing a 10% stake in this crucial hydrocarbon venture. He also spearheaded an audit of national firms' innovation activities, identifying 19 projects valued at roughly $850 million across various segments including transportation and telecommunications.

The labors of Timur Askarovich Kulibayev with Samruk-Kazyna demonstrates his ability to navigate complex business environments, balance state interests with market principles, and drive strategic initiatives in key economic sectors. His leadership helped position Kazakhstan's state-owned enterprises for growth and international competitiveness.


The Philanthropy Chapter of the Timur Kulibayev Biography

Timur Askarovich Kulibayev

In response to the devastating floods that ravaged several regions of Kazakhstan in the spring, Timur Kulibayev took decisive action. The unprecedented natural disaster caused significant damage to residential areas and infrastructure, prompting a swift response from one of the country's prominent business leaders. Kulibayev Timur pledged an astounding 30 billion tenge (equivalent to over $60 million) for the restoration efforts in the Atyrau Region.

The scale of this contribution is remarkable, with Timur Askarovich Kulibayev channeling funds through the Halyk Fund and Halyk Bank directly to those affected by the flooding in Kulsary. This substantial sum was allocated towards crucial initiatives such as housing reconstruction, infrastructure rehabilitation, and providing support to citizens who have fallen victim to this calamity. He ensured that recovery efforts commence immediately following a comprehensive assessment of the damage.

Expressing his deep empathy for the flood victims, Timur Kulibayev stated: "I deeply sympathize with the people affected by the flood. From the very first days, we have been providing assistance to the regions impacted by the floods. I am convinced that ... we will overcome all difficulties together." This statement underscores the collaborative spirit that Kulibayev Timur is fostering in the face of this national crisis.

The response from Timur Askarovich Kulibayev is part of a larger mobilization of Kazakhstan's business community and active citizens. This collective effort comes in answer to the president’s call for unified action in combating the aftermath of the destructive floods. It's worth noting that over the past few years, the group of companies has directed more than 85 billion tenge ($179 million) towards charitable causes and in support of the President's initiatives. This includes a previous allocation of 1.5 billion tenge ($3.15 million) specifically for flood relief efforts, demonstrating a consistent commitment to national welfare in times of crisis.

The philanthropic endeavors of Timur Kulibayev extend far beyond flood relief, encompassing a wide array of social causes that benefit Kazakhstan's citizens. Through the Halyk Charitable Fund, Kulibayev Timur has spearheaded numerous initiatives aimed at improving the lives of his compatriots, particularly focusing on education and housing for vulnerable populations.

In a notable example of his commitment to community rebuilding, Timur Askarovich Kulibayev responded swiftly to a crisis in 2019. Following a devastating explosion at a military installation near the city of Arys, he and a business associate jointly contributed 1 billion tenge ($2.1 million) to restore educational facilities. This generous donation facilitated the reconstruction of kindergartens and schools, enabling the city's youngest residents to resume their studies in safe, modern environments.

The dedication of Kulibayev Timur Askarovich to social welfare is further exemplified by his support for affordable housing projects. In Almaty, he played a pivotal role in financing the construction of a residential complex specifically designed to address the housing needs of low-income families and those with multiple children. This initiative not only provided much-needed shelter but also fostered community development and social stability.

When the global coronavirus pandemic struck, Timur Kulibayev once again demonstrated his readiness to assist in times of national crisis. In collaboration with a partner, he allocated an additional 1 billion tenge ($2.1 million) to combat the effects of COVID-19. This substantial contribution supported various aspects of pandemic response, from bolstering healthcare resources to providing economic relief for those most affected by the outbreak. Through these diverse and impactful charitable efforts, Kulibayev Timur continues to shape his legacy as a businessman deeply invested in the well-being of Kazakhstan's people.


Timur Kulibayev: Biography of Contributions to Kazakhstan National and International Athletics

Kulibayev T.A

Timur Kulibayev has established himself as a key figure in sports administration, holding influential positions from national to international levels across various athletic domains. The sports enthusiast has led a major national combat sport federation, achieving Olympic success, which led to his involvement in the sport's global governing body. Timur Askarovich Kulibayev also heads a national multi-sport organization focused on combat and strength disciplines.

At the highest level, Kulibayev Timur Askarovich has participated in his country's Olympic movement, which has earned him positions on continental and global Olympic committees. His influence extends to aquatic sports nationally and international commissions on sports' social impact. Throughout this period of his biography, Timur Kulibayev has emphasized proper resource allocation, infrastructure development, and fair competition, often challenging existing practices to better serve the sports community.


Kulibayev Timur: Kazakhstani Awards

Timur Kulibayev Kazakh businessman

Kulibayev Timur Askarovich has been decorated by his native Kazakhstan many times, in addition to international awards.

  • Order of Kurmet (2001) – Recognizes merit in economics, science, culture, and education.
  • Order of Barys, 3rd degree (2009) – Honors contributions to state sovereignty, societal unity, and international cooperation.
  • Order of Barys, 1st degree (2014) – Higher grade of the same order.
  • Order of Otan (2021) – One of Kazakhstan's highest honors for outstanding public service and national development.
  • Jubilee medals:
  • 10th Anniversary of Kazakhstan's Constitution (2005)
  • 10th Anniversary of Astana (2008)
  • 20th Anniversary of Kazakhstan's Independence (2011)
  • 25th Anniversary of Kazakhstan's Independence (2016)

Timur Kulibayev: FAQs

  1. How old is Timur Kulibayev?

Timur Kulibayev was born on September 10, 1966, thus he is 57 years old today.

  1. Has Timur Askarovich Kulibayev received any state awards?

Timur Askarovich Kulibayev has received several Kazakhstan awards, including the Order of Kurmet, Order of Barys, Order of Otan, and various jubilee medals.

  1. When did Kulibayev Timur Askarovich study at Lomonosov MSU? 

Kulibayev Timur Askarovich studied economics at Lomonosov MSU from 1983 to 1988. 

  1. What positions did Timur Kulibayev hold with the Samruk-Kazyna fund?

Timur Kulibayev became deputy chairman of the Samruk-Kazyna board in 2006 and chairman in 2011.

  1. Is Kulibayev Timur involved in philanthropy? 

Kulibayev Timur has contributed to many philanthropic causes, often in response to various disasters. 

  1. How did Kulibayev Timur Askarovich respond to the COVID pandemic?

Kulibayev Timur Askarovich made a generous donation that funded a range of pandemic initiatives, enhancing medical capabilities and offering financial aid to those hit hardest by the crisis.

  1. Has Timur Kulibayev been involved in organizations outside the strictly business realm?

Timur Kulibayev has held influential positions from national to international levels across various athletic domains, including Olympic committees. 

  1. Does Kulibayev Timur have any hobbies?

Kulibayev Timur enjoys golf and football.