24 May 2011

Nazarbayev Appoints Son-In-Law As Head of National Wealth Fund

President Nazarbayev’s son-in-law, Timur Kulibayev (pictued here), was recently appointed to head the state’s national wealth fund after its previous head, Kairat Kelimbetov, was appointed to be the Minister of Economic Development and Trade by President Nazarbayev.

Mr. Kulibayev, who is married to the President’s second-oldest daughter Dinara, made the Forbes World’s Bilionaires list, coming in at the third-wealthiest person in all of Kazakhstan and number 983 in the world. After graduating from Moscow State University in 1988, among other things, Mr. Kulibayev has chaired the boards of various energy firms based in Kazakhstan, served as the President of the national boxing federation, and has chaired the national committee of the World Petroleum Council.

For the original story from Turkish Weekly, please click here.

The picutre of Mr. Kulibayev comes courtesy of Eurasia.org