What is German Khan's Net Worth?
German Khan is a Russian businessman who has a net worth of $10 billion. German Khan and his fellow billionaire college buddies, Mikhail Fridman and Alexei Kuzmichev, hold Russia's biggest financial and industrial group called Alfa Group. When Alfa Group took over oil giant TNK in 2003, it was Khan who was chosen to run the operation and has worked as executive director of TNK-BP ever since. Even though TNK is half-owned by BP, he still remains his hold on the tiller, as executive director. Khan's professional career started back in 1989, when along with his two friends, he started commodities trading outfit Alfa-Eco.
Only two years later the trio established Alfa-Bank, now the biggest private bank in Russia. Then in the late 1990s the group bought Tyumen Oil from the state and merged it with BP's Russian assets to form TNK-BP. Khan's co-owned Alfa Group also holds interests in Vimpelcom cellular company and the biggest retailer, X5. A Kiev native, Khan went to Moscow to study, but eventually became a billionaire father of five children who live in the outskirts of the city.