Timur Turlov Net Worth

Timur Turlov has an estimated net worth of $7.4 billion, according to Forbes Real-Time Billionaires, Timur Turlov profile (figures as of October 20, 2026). That is up from $2.1 billion in 2021.

Timur Turlov is a Kazakhstan-based finance entrepreneur known for founding Freedom Holding and leading it as CEO. He started building his career in Moscow, first at World Capital Investments in 2003 and then at Yutreyd.ru in 2005, where he worked on American stock market operations. After that unit closed during the 2008 financial crisis, he and his colleagues launched their own firm. That business became the base for Freedom Finance and later Freedom Holding.

His wealth comes from stock brokerage. Freedom Holding operates as a retail brokerage in Central Asia, Europe and the U.S. and gives post-Soviet clients access to American and European stock exchanges, with a focus on IPOs. Turlov says he started the company in 2008 with $100,000 pooled with his cofounders before finishing college. The business expanded into multiple markets, entered the U.S. in 2015, and began trading on Nasdaq in 2019.

How Timur Turlov built his fortune

Turlov made his name by helping retail investors reach foreign markets. Early in his career, he worked as a trader and then handled American stock market operations at Yutreyd.ru, where he built infrastructure that gave a unit access to U.S. exchanges. When that operation shut down in 2008, he and his colleagues used that experience to start their own company. That move set up the brokerage business that later grew into Freedom Holding.

Freedom Holding became the main source of his wealth. The company serves retail clients and operates across Central Asia, Europe and the U.S. It is known for giving post-Soviet citizens access to American and European stock exchanges and for specializing in IPOs. Turlov also used the Freedom Holding brand to bring together Freedom Finance Investment Company, Freedom Finance JSC, Freedom24 and Freedom Finance Bank under one umbrella.

Forbes net worth timeline

Forbes has raised its estimate sharply over time. It put Turlov at $2.1 billion in 2021, $2.4 billion in 2022, $3.1 billion in 2023 and $3.3 billion in 2024. Those gains came as Freedom Holding expanded its reach, opened subsidiaries in markets including Ukraine, Kyrgyzstan, Uzbekistan, Germany and Cyprus, and built a broader platform around brokerage and related financial services.

The estimate climbed further to $5.8 billion in 2025, then moved to $5.2 billion on Forbes' World's Billionaires List in 2026. Forbes' real-time tracker later placed him at $7.4 billion as of October 20, 2026. A big milestone behind that rise was the company going public on Nasdaq in 2019, after entering the U.S. in 2015 through the shell of a Nevada oil and gas exploration entity.