Topping the list released in the May issue of the magazine was Vladimir Kim, the close confidant of President Nursultan Nazarbayev and chairman of Kazakhmys, the London-listed copper producer.
Forbes Kazakhstan, which has not published its rich list on the internet, estimated his wealth at about £2.2 billion. …Several other people linked closely to Mr Nazarbayev appear in Kazakhstan’s wealthiest top ten people, including his daughter, Dinara Kulibayeva, and her husband Timur Kulibayev.
Their wealth is estimated at roughly £810 million each and derives mainly from the finance and energy sectors. ……..The youngest person in the list is Nurali Aliyev, 27, Mr Nazarbayev’s oldest grandson. He is ranked at 25 and is credited with earning around £120 million through various finance positions. …….Mr Nazarbayev’s oldest daughter, Dariga Nazarbayeva, ……..Ms Nazarbayeva ranks at 13th on the Kazakh rich list with an estimated wealth of £370 million. …….
You might wish to complain that success in the UK depends rather upon who you know, who you are related to. But there are places rather more feudal in their arrangements…..