Not only business
First of all, the name of Bulat Utemuratov is associated with active political, diplomatic and entrepreneurial activities. This is quite logical, because he is a constant participant of the ratings of the richest and most influential people in Kazakhstan. According to the estimates of Forbes magazine, its assets are $2.6 billion. The Bloomberg publication considers this an understatement, and calls the figure of 3.4 billion. Full information about the activities of Bulat Utemuratov is collected on the website https://bulatutemuratov.com/.
At the same time, Bulat Utemuratov himself does not seek publicity and ostentatious PR. He does not attend talk shows and does not do numerous interviews. Journalists track his activity through the performance of controlled enterprises.
Investing in the future
Bulat Utemuratov has repeatedly stressed that his main goal is a comfortable life for future generations of Kazakhstanis. It may seem that this is just populism and empty words, but let us take a closer look at the facts.
In 2005, a businessman acquires 35% of the shares of the downgraded Kazakh Economic University named after Turar Ryskulov, through the management company Verny Capital. In 2011, the share of Verny was 100%. Having taken over the university, Bulat Utemuratov begins its complete reformation. It did not take long to see the first results. To date, the Narkhoz is one of the most prestigious educational institutions in the entire country.
Asyl Miras, the charity foundation, was established in 2014. Over the working period, it launched long-term programs to help children with cerebral palsy and autistic spectrum disorders, and provided support to those affected by floods in the Ayagoz region of the East Kazakhstan oblast. In addition, it was announced about the establishment of the Republican contest of the wooden wind instruments performers and scholarships for students of wooden wind instruments. More information on the activities of Bulat Utemuratov’s Foundation you can read here.
The examples given above are long-term projects, the results of which will be fully revealed only after several generations.
Bulat Utemuratov is far from being complacent. There are regular announcements of his new initiatives in the press. Moreover, many events are held annually on a regular basis. For example, the charity bike ride BURABIKE, which helps raise funds for the purchase of equipment for hospitals and perinatal centers. It was held 5 times and in 2018 it is scheduled for August 30.