Mikheil Lomtadze's Fortune Soars by $1.8 Billion, Secures Place on Forbes List of Richest People

The fortune of Mikheil Lomtadze, the CEO of the Kazakh bank, Kaspi, increased by 1.8 billion dollars, and it will amount to 3.6 billion dollars by 2023.

The increase of Lomtadze's property is connected with the increase of Kaspi shares on the London stock exchange, which was reduced last year due to the war in Ukraine. Mikheil Lomtadze is currently the 774th richest person in the world. Lomtadze is the main partner of Kaspi together with the founder of the bank, Vyacheslav Kim, and he owns 25% of the bank.

Similarly, Vyacheslav Kim's fortune is estimated by Forbes at 3.6 billion dollars. Lomtadze made it to the Forbes list in 2021, after Kaspi's IPO on the London Stock Exchange. According to Forbes, Bidzina Ivanishvili's fortune has increased by 100 million dollars compared to the previous year and it amounts to 4.9 billion. 2020; In 2021 and 2022, Forbes estimated Ivanishvili's fortune at $4.8 billion, and before that in 2019, this estimate was at $4.9 billion.

By this indicator, Bidzina Ivanishvili is the 545th richest person in the world. Bloomberg's assessment of Ivanishvili's property is different, which has always been more generous in this direction and currently estimates the Georgian oligarch's property at $5.95 billion. Both Bloomberg and Forbes estimate the wealth of billionaires based on their own sources and methodologies. How much a particular billionaire's property actually is is not public information, and publications' estimates in this regard are only guesses. Please check the grammar of this text, rewrite it better with intelligent wording, make a nice story from this. With best title