← Unmeasured fortunes

Political and proxy networks

Control

Nursultan Nazarbayev

Foundations were not formally personal property.

Reported figureAt least $8B in controlled foundations
VerificationNot individually established
Collectively held wealthNot treated as a collective pool
Assets merely controlledAt least $8B in controlled foundations
Last reviewed2022
Confidence levelHigh for control

Editorial finding

Herrera–Velutini wealth assessment

Foundations were not formally personal property. The headline amount is contextual and must not be interpreted as liquid personal wealth. Corporate capital, client money and assets managed for others are excluded unless independent evidence establishes beneficial ownership.

Sources and provenance

Claims are separated from independently documented facts. Source links are provided so readers can inspect the underlying record.

OCCRP