Said Gutseriev Net Worth

Said Gutseriev has an estimated net worth of $1.8 billion, according to Forbes Real-Time Billionaires, Said Gutseriev profile (figures as of October 20, 2026). That is up from $1.3 billion in 2019.

Said Gutseriev is a Russian businessperson tied to retail, investments, and energy. He studied at Harrow School, then at Oxford and Plymouth, and later lived in London until 2022. Early in his career, he worked at Glencore in London as an analyst in oil project structured financing and in the company’s financial office. That work put him close to commodities and energy deals before he moved into senior roles at businesses connected to Safmar Group.

His wealth is linked to stakes in retail and financial companies within Safmar Group, which were given to him by his father, Mikhail Gutseriev. He also served as CEO of oil refinery ForteInvest and later stepped down in 2021. Outside those operating roles, he founded Larnabel Ventures in London and became one of the first investors in Currency.com in 2019. Forbes put his fortune at $1.8 billion on its real-time billionaires tracker as of October 20, 2026.

How Said Gutseriev makes money

Gutseriev’s wealth comes from a mix of retail, investments, and energy-related business interests. Forbes says he received stakes in the retail and financial businesses of Safmar Group from his father. He also built experience in commodities earlier on at Glencore’s London office, where he worked as an analyst. That background helped shape a career centered on large industrial companies, finance, and energy assets rather than a single startup or entertainment brand.

He has also held leadership and ownership roles across several businesses. Since 2014, he has headed and served on boards at companies involved in oil production, oil refining, and coal mining. He is a shareholder of PJSC M.video and SFI Investment Holding, which owns Europlan leasing company, 49% of VSK insurance company, GFN.RU, and minority stakes in other assets. In London, he founded Larnabel Ventures and became an early investor in Currency.com in 2019.

Forbes net worth timeline

Forbes has shown a bumpy path for Gutseriev’s fortune over the years. It placed him at $1.3 billion in 2019, then at $1.7 billion in 2021. After that, the estimate moved down to $1.1 billion in 2023 before ticking up to $1.2 billion in 2024. Those swings fit a portfolio tied to private holdings, investments, and industrial businesses, where values can shift as markets and company stakes change.

The latest Forbes figures point to a stronger level again. Forbes estimated his wealth at $1.6 billion in 2025 and $1.8 billion in 2026, with the real-time tracker also showing $1.8 billion in October 2026. His money is connected to several kinds of assets, including retail and financial holdings and exposure to energy businesses. That mix helps explain why his total has moved over time instead of following a straight line.