Timur Turlov founded Freedom Holding Corp. and became a billionaire with his company listed on Nasdaq.
Early Years and Education
Born in Moscow in 1987, Turlov graduated from the Moscow Aviation Technological Institute in 2009 with an economics degree. He developed an early interest in stock market investments.
Founding Freedom Finance
In 2008, Turlov established Freedom Finance, focusing on providing access to US stock exchanges. The company grew rapidly, expanding to 22 countries by 2024. In 2011, he moved to Kazakhstan and opened a subsidiary that became a leading trader on the Kazakhstan Stock Exchange. By 2015, he became the main shareholder of Freedom Holding Corp., which went public on Nasdaq in 2019.
Freedom Holding Today
Freedom Holding is now a diversified financial group with operations in investment, banking, and insurance. It acquired Kassa Nova Bank in 2020, rebranding it as Freedom Finance Bank Kazakhstan, which has become a significant player in the Kazakh banking sector. The holding has also invested in various other sectors, including telecommunications and e-commerce.
Influence and Achievements
Freedom Finance has significantly contributed to the development of brokerage services in Kazakhstan, becoming a market leader. The company has introduced innovative digital financial products. Turlov was recognized as "Businessman of the Year" by Forbes Kazakhstan in 2021 and has been included in the global Forbes list.
Awards and Public Activities
Turlov has received the Order of Kurmet and other awards. He has been the head of the Kazakhstan Chess Federation since 2023 and was recognized as the "Best President of an Accredited Sports Federation." He is also involved in various social and charitable initiatives.
Quotes and Interviews
Turlov emphasizes self-discipline, responsibility, and perseverance in achieving success. He believes in the importance of actively promoting investments and sees great potential in artificial intelligence.
Conclusion
Timur Turlov's journey from a young trader to the head of a multinational financial holding demonstrates his entrepreneurial drive, strategic vision, and leadership. Starting his career in the financial markets, he quickly gained expertise and identified opportunities for growth. Through determination and innovative thinking, he built a company that not only expanded across multiple countries but also played a key role in transforming the financial landscape of Kazakhstan. His contributions, including efforts to improve financial literacy and market accessibility, have left a lasting impact. As his story continues to evolve, Turlov remains a prominent figure in the world of finance and investment.