Patokh Chodiev’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2012 | $2.8 billion | Forbes World's Billionaires List 2012 |
| 2013 | $2.1 billion | Forbes World's Billionaires List 2013 |
| 2014 | $1.7 billion | Forbes World's Billionaires List 2014 |
| 2015 | $2 billion | Forbes World's Billionaires List 2015 |
| 2016 | $1.4 billion | Forbes World's Billionaires List 2016 |
| 2017 | $1.8 billion | Forbes World's Billionaires List 2017 |
| 2018 | $2.1 billion | Forbes World's Billionaires List 2018 |
| 2019 | $2.1 billion | Forbes World's Billionaires List 2019 |
| Oct 2026 | $1.1 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Patokh Chodiev’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
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Patokh Chodiev has an estimated net worth of $1.1 billion, according to Forbes Real-Time Billionaires, Patokh Chodiev profile (figures as of October 20, 2026). That is down from a peak of $2.8 billion.
Patokh Chodiev is a Belgian businessman known for building wealth in mining and metals. He became closely tied to Kazakhstan’s privatized mineral and gas operations after the collapse of the Soviet Union. Alongside Alexander Machkevich and Alijan Ibragimov, he helped found Eurasian Natural Resources Corp. Their business expanded through resource assets in Kazakhstan and later reached Africa and Brazil. That made Chodiev a prominent figure in the natural resources sector.
A major turning point came in 2007, when Chodiev and his partners took Eurasian Natural Resources Corp. public in London. The company joined the FTSE 100 in 2008. In 2013, the partners delisted ENRC and the business was renamed Eurasian Resources Group. Today, ERG is a diversified natural resources group with assets and projects in 14 countries across four continents. Chodiev’s fortune has been tied mainly to that mining and metals business.
How Patokh Chodiev built his fortune
Chodiev made his money through mining and metals, with his biggest business link being Eurasian Resources Group. The company got its start investing in natural resources in Kazakhstan in the mid-1990s. He worked with Alexander Machkevich and Alijan Ibragimov, a group sometimes called “The Trio.” Their rise came from obtaining mineral and gas operations as privatization opened up major assets in Kazakhstan after the Soviet collapse.
The business grew into a broad natural resources company. Its work spans mining, smelting, energy production, logistics and financial services, including Kazakhstan’s Eurasian Bank. ERG now has production assets and development projects in 14 countries across four continents. Chodiev’s wealth is tied to his part ownership in that group. Earlier, the London listing of ENRC in 2007 gave the company a bigger public profile before the partners later took it private.
Forbes net worth over time
Forbes has tracked Chodiev’s wealth through big swings tied to the mining market and ERG’s corporate path. Forbes estimated his fortune at $2.8 billion in 2012, then $2.1 billion in 2013 and $1.7 billion in 2014. It rebounded to $2 billion in 2015, fell to $1.4 billion in 2016, and rose again to $1.8 billion in 2017. Those changes came during years that included a market downturn, slower growth and ENRC’s delisting in 2013.
The estimate improved to $2.1 billion in 2018 and stayed at $2.1 billion in 2019. Forbes now puts Chodiev at $1.1 billion on its real-time billionaires tracker as of October 20, 2026. His fortune remains linked to metals and mining through ERG, so shifts in commodity markets and business performance can have a large effect on the number. Forbes places him in the Metals & Mining industry and classifies him as self-made.
Career and money timeline
- 2007
Chodiev and his partners took Eurasian Natural Resources Corp. public in London.
- 2008
ENRC became part of the FTSE 100.
- 2009
ENRC reported profit of $1.462 billion on turnover of $3.8 billion.
- 2013
The partners delisted ENRC, and the company was renamed Eurasian Resources Group.
- 2017
ERG posted EBITDA of $2 billion.
- 2018
Standard and Poor’s raised ERG’s credit rating from B− to B.
- 2026
Forbes values Chodiev at $1.1 billion on its real-time tracker.
Patokh Chodiev net worth FAQ
What is Patokh Chodiev's net worth?
Patokh Chodiev's net worth is an estimated $1.1 billion, according to Forbes Real-Time Billionaires, Patokh Chodiev profile (October 20, 2026). It is an estimate, not an official figure.
How did Patokh Chodiev get so rich?
The main sources named in the reporting we cite are: mining, metals.
Is Patokh Chodiev a billionaire?
Yes. Forbes Real-Time Billionaires estimates Patokh Chodiev is worth $1.1 billion.
How has Patokh Chodiev's net worth changed?
The earliest published estimate we track is $2.8 billion (2012, Forbes World's Billionaires List 2012). The latest is $1.1 billion (October 20, 2026).
What company is Patokh Chodiev best known for?
He is best known for his connection to Eurasian Natural Resources Corp., later Eurasian Resources Group. It is the main company tied to his mining and metals fortune.
How large is ERG today?
ERG has production assets and development projects in 14 countries across four continents. Its activities include mining, smelting, energy, logistics and financial services.
Sources
- Forbes Real-Time Billionaires, Patokh Chodiev profile (October 20, 2026)
- Forbes World's Billionaires List 2012, Patokh Chodiev profile (March 7, 2012)
- Forbes World's Billionaires List 2013, Patokh Chodiev profile (March 4, 2013)
- Forbes World's Billionaires List 2014, Patokh Chodiev profile (March 3, 2014)
- Forbes World's Billionaires List 2015, Patokh Chodiev profile (March 2, 2015)
- Forbes World's Billionaires List 2016, Patokh Chodiev profile (March 2016)
- Forbes World's Billionaires List 2017, Patokh Chodiev profile (March 20, 2017)
- Forbes World's Billionaires List 2018, Patokh Chodiev profile (March 6, 2018)
- Forbes World's Billionaires List 2019, Patokh Chodiev profile (March 5, 2019)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Patokh Chodiev (accessed October 25, 2026). Used for career facts only, never for figures.
Photo: Rael stomp, CC BY-SA 3.0, via Wikimedia Commons.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.