Bidzina Ivanishvili's wealth is at a record high.
According to the Bloomberg Billionaires Index, Bidzina Ivanishvili's entire fortune is now estimated at $6,92 billion and now ranks 374th in the rating.
A month ago Ivanishvili's fortune was $ 6,72 billion.
From early year to the present day, his property has increased by 325 million dollars. The last change is +50 million dollars;
The majority of Ivanishvili's fortune is derived from proceeds he collected selling privatized assets acquired after the fall of the Soviet Union. Among them: iron ore producers Stoylensky and Mikhailovsky GOKs, and the Orlovsky steel plant.
Ivanishvili created several closely held businesses during the 1990s and early 2000s, including banks Rossiysky Kredit and Impex, grain processor Stoylenskaya Niva, and the Doctor Stoletov pharmacy chain. He also invested in Moscow real estate and property development projects. He collected $2.6 billion selling some of these assets between 2003 and 2006.
