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German Khan

German Khan

German Khan (#299)

In business, confrontation is always a prelude to further partnership.

  • $ 11 B
  • Oil, banking, telecom
  • Russia
  • M
  • 64 Years

About Me

German Khan, a native of Ukraine, cofounded Alfa Group and LetterOne (Luxembourg), with fellow billionaires Mikhail Fridman and Alexei Kuzmichev. The college pals have been partners since 1989, when they started commodities trader Alfa-Eco. He is a cofounder of Alfa Bank, the largest non-state owned bank in Russia, which was hit with U.S. sanctions in April. Alfa Group's Tyumen Oil company merged with BP's Russian assets in 2003 to form TNK-BP. After 10 years, the partners sold their 25% stake in TNK-BP for $14 billion. Fridman, Aven, Khan and Kuzmichev were all sanctioned by the EU and U.K. in February and March 2022; Khan stepped down from LetterOne's board in March. He moved back to Moscow from London in the Summer of 2022.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped German Khan’s rise and global influence.

  • #289   Billionaires (2025)

Wealth Growth

Net Worth Growth Over Time

Tracking German Khan’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $10.6B (February 5, 2026)

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