1. Kenes Rakishev is the President and main shareholder of Fincraft Resources, a company listed in the Kazakhstan Stock Exchange and is an active investor in natural resources, mining, energy and food security, as well as in venture capital.
31 Facts About Kenes Rakishev
1. 2.
Kenes Rakishev has been a member of the Kazakhstan's Forbes List since 2013.
3.
Kenes Rakishev's father is Khamit Rakishev, who was the head of Kazakhstan's Chamber of Commerce and Industry.
4.
Kenes Rakishev studied Law at the Kazakh National Law Academy and Finance and Credit at the Kazakh Economic University.
5.
Kenes Rakishev has been married to Aselle Tasmagambetova, daughter of Imangali Tasmagambetov since 2000, former Prime Minister of Kazakhstan.
6.
Kenes Rakishev would serve as Deputy General Director for Marketing at KazTransGas CJSC from 2003 to 2004.
7.
Kenes Rakishev has been chairman of Net Element, and Fincraft Resources which is listed at the Kazakhstan Stock Exchange after its new name.
8.
Kenes Rakishev is still listed at KASE and serves as Rakishev's main investment vehicle.
9.
In 2014, Kenes Rakishev joined the board of directors of JSC National Company Kazakhstan Engineering, a large holding combining 27 enterprises of the defence industry and munitions factories.
10.
Kenes Rakishev left the board one year later, upon the appointment of Imangali Tasmagambetov as the new Minister of Defence.
11.
In 2014, Kenes Rakishev bought the shares of BTA Bank from the Kazakh government after Kazakh dictator Nursultan Nazarbayev forcibly nationalized it in 2009 and seized it from Mukhtar Ablyazov, accused of fraud.
12.
On February 14,2014, Kenes Rakishev became the new chairman of BTA Bank's board of directors.
13.
Kenes Rakishev sold his stake in BTA Bank in Kyrgyzstan in 2019, and in BTA Belarus in June 2024.
14.
On January 19,2015, Kenes Rakishev was elected as the new member of the board of directors.
15.
Kenes Rakishev bought the stake from Viktor Vekselberg, who exited the company after a boardroom dispute with its founders.
16.
Kenes Rakishev sold the stake in Petropavlovsk a year later to Roman Trotsenko having turned around the miner's performance.
17.
Kenes Rakishev joined the board and became its majority shareholder.
18.
Kenes Rakishev maintains the nickel and cobalt Gornostayevskoye deposit near the city of Semey.
19.
Later, next to Shukhrat Ibragimov, Kenes Rakishev acquired the shares of JSC Shubarkol Premium, which runs a large coal mining operation in the Karaganda region.
20.
In 2021, Kenes Rakishev became the lead investor in Nasdaq-listed Oxus Acquisition Corp.
21.
Kenes Rakishev raised $172.5 million in 2021 through its IPO and successfully merged in February 2024 with Borealis Foods Inc via a Business Combination Agreement, and got listed February 2024 at 9.8 USD a share.
22.
Kenes Rakishev has been an active Venture Capital investor for almost two decades.
23.
Kenes Rakishev was Chairman of the Board of Net Element, a Nasdaq-listed company investing in tech ventures.
24.
Kenes Rakishev was a member of the board of Fastlane Ventures and one of the main investors behind Singulariteam, a VC fund that invested in 12 companies operating in space technologies, Internet and mobile technologies.
25.
Kenes Rakishev invested $20 million in a social media platform for sharing photos and videos called Mobli.
26.
In 2015, Kenes Rakishev bought Sedmoi Kanal, a Kazakhstan national TV channel.
27.
In February 2024, Mr Kenes Rakishev announced the creation of a new venture capital firm, bYb Capital, aimed at boosting technology startups in Kazakhstan towards the rest of the world.
28.
Kenes Rakishev has offices in Almaty and an office in Palo Alto, California.
29.
In 2009, Kenes Rakishev headed the Almaty city branch of Kazakhstan Boxing Federation and in 2010 was elected as its vice-president.
30.
In 2011, Kenes Rakishev was elected as vice-president of the Asian Boxing Confederation.
31.
Kenes Rakishev has acted as a member of the Board of Trustees of the Kazakhstan Chess Federation, as well as former Vice President of the National Sports Association of Kazakhstan.