Suleyman Abusaidovich Kerimov (Russian: Сулейма́н Абусаи́дович Кери́мов, IPA: [sʊlʲɪjˈman ɐbʊsɐˈidəvʲɪtɕ kʲɪˈrʲiməf]; Lezgian: Керимрин Абусаидан хва Сулейман; born March 12, 1966) is a Lezgian businessman, investor, philanthropist and politician. In 2007, Kerimov established the Suleyman Kerimov Foundation as a vehicle to focus his philanthropic efforts. Since 2008, Kerimov has represented the Republic of Dagestan in the Federation Council of Russia. In April 2018, he was placed under sanctions by the United States Department of Treasury. As of July 2019, Forbes estimates his wealth at $8.4 billion, making him the 257th richest man in the world.
Suleyman Abusaidovich Kerimov
March 12, 1966
|Education||Dagestan State University|
|Net worth||US$7.1 billion (January 2019)|
|Children||3, including Said Kerimov|
|Website||Suleyman Kerimov Foundation|
- 1 Education
- 2 Career
- 3 Other investments
- 4 Business controversies and investigations
- 5 Political life
- 6 Personal life
- 7 Philanthropy
- 8 Recognitions and Honors
- 9 See also
- 10 References
Kerimov graduated from high school in 1983, and following this enrolled in the Civil Engineering Department at Dagestan Polytechnic Institute in 1984, though his obligatory military service for the Soviet Army brought his studies to a halt just one year later. After completing his service in 1986, Kerimov continued his studies at Dagestan State University, where he graduated with a degree in financial accounting and economics in 1989. During his studies he was Deputy Chairman of DSU's Trade Union Committee. It was also at university that Kerimov met his wife, Firuza, the daughter of a former Trade Union leader.
Kerimov has stated to have dreamed of making money from an early age, an ambition that prompted him to later move from his native Dagestan in the early 1990s.
Soon after his university graduation in 1989, Kerimov took a job as an economist at the Eltav electrical plant in Makhachkala, the capital of Dagestan. The state-controlled plant supplied transistors and semi-conductors to television-makers, while also producing diodes, microchips and halogen lamps. Kerimov was paid 150 roubles (approximately $250 dollars) a month and he and his wife lived in a worker's hostel attached to the plant, where they shared one room of a two-room flat.
In 1993, Kerimov was put in charge of handling relations between Eltav and Fedprombank, a Moscow bank established by the electrical company. Fedprombank financed lagging industries and Kerimov and his associates soon became creditors to large utility companies, allowing them to continue to provide key services. Once the Russian economy stabilized, the debts were repaid with hefty returns for Fedprombank and, consequently, Kerimov.
In 1995, Kerimov was appointed to head the banking and trading company Soyuz-Finans, and by 1997, Kerimov had built a 50% stake in Vnukovo Airlines and used his leverage to take over Fedprombank, buying out his partners’ shares.
In late 1999, Kerimov bought a 55% stake in the oil trading company Nafta Moskva, the successor to the Soviet monopoly firm Soyuznefteexport, for $50 million. By 2000, he had increased his stake of Nafta Moskva to 100%. Kerimov undertook a mass restructuring of the company, selling off all of the oil-related aspects and creating an investment and holding company. Nafta's investments in the mid-2000s included purchase of the business center Smolensky Passazh and AvtoBank.
Gazprom and Sberbank investmentsEdit
In 2003, Kerimov managed to secure a $43 million loan from the state-owned Vnesheconombank, which he invested in the oil and gas company Gazprom. Within the next year, share prices for the Russian gas company doubled and Kerimov was able to pay off the entirety of the loan within four months. In 2004 Sberbank, now the largest bank in Russia and Eastern Europe, provided Kerimov with a loan of $3.2 billion., which was later repaid, and these funds were also invested in equities. By 2008, Kerimov had amassed a 5% stake in Gazprom, a 6% stake in Sberbank, along with an estimated fortune of $17.5 billion, making him the 36th richest man in the world. However, in mid-2008, Kerimov sold all his Gazprom and Sberbank shares.
In November 2005, Kerimov's Nafta Moskva acquired JSC Polymetal, one of Russia’s largest gold and silver mining companies. In 2007, he took the company public on the London Stock Exchange, then sold 70% of his shares in 2008 before gold would go on to climb to an all-time high in 2011. In 2008, Kerimov sold control over Polymetal.
Role in the 2008 crisisEdit
As markets around the world began to tighten in 2007, Kerimov and his associates expected that Russia would suffer more than the West from the impending economic crisis. A concerted effort was thus made to build closer ties with Western banks. Kerimov decreased his stakes in Gazprom and other Russian blue chips and approached Wall Street, proposing to invest the vast majority of his fortune to defend the institutions from short-sellers. In return, it was expected that Kerimov would receive favorable lending terms for future loans.
In 2007, Kerimov invested billions in Morgan Stanley, Goldman Sachs, Deutsche Bank, Credit Suisse and other financial institutions. Though neither Kerimov nor the Western banks have disclosed the exact size of his investment, it was sizeable enough for Kerimov to receive a call from the United States Treasury during the darkest days of the economic crisis imploring the Russian oligarch not to sell his stakes.
Following his losses during the economic crisis, Kerimov shifted his investment strategy to buying stakes large enough to influence the strategies of the companies he invests in. In 2009, Nafta Moskva bought a $1.3 billion stake (37% stake) in OAO Polyus Gold, Russia’s largest gold producer, from Vladimir Potanin.
Later the stake was increased up to 40.2%. In 2012 the company held an IPO on the London Stock Exchange. In 2015 Kerimov's companies consolidated a 95% equity stake in Polyus Gold. After the shares buy-back, the gold miner was delisted from the LSE.
Property developer PIK GroupEdit
In the spring of 2009, shareholders of Russia's construction giant PIK Group sold 25% of their company's shares to Kerimov. PIK required extra funding after their debt level reached $1.98 billion, and the value of their capital fell by more than 40 times to $279.9 million. Nafta Moskva later increased its stake in PIK Group to 38.3%.
In June 2010, Kerimov and his partners Alexander Nesis and Filaret Galchev together paid Dmitry Rybolovlev an estimated $5.3 billion for a 53% stake in Russian potash giant Uralkali,which, together with Belaruskali, at the time made up the duopoly that controlled 70% of the global potash market: the Belarusian Potash Company (BPC). Kerimov secured substantial loans from Russia's VTB bank for the Uralkali takeover.
In July 2013, Uralkali announced it was pulling out of the BPC cartel, dropping prices and increasing production to maximum capacity in a grab for market share. The immediate consequences on the global economy were a 25% drop in potash prices to around $340 a tonne, harming the prospects of both Canadian producers and the Belarusian economy. Belarusian authorities estimate they may lose up to $1 billion a year.
Two weeks after Uralkali's July announcement, Belarusian prime minister Mikhail Myasnikovich responded by inviting Kerimov and the Uralkali managers to Minsk to discuss the current situation. Uralkali's then-CEO Vladislav Baumgertner attended in Kerimov's place and was arrested by state security forces and charged with "abuse of power".
In the meantime, Belarus also opened a criminal investigation into other Uralkali employees and its main shareholder Suleyman Kerimov. Baumgertner was held in a Belarusian KGB jail until a plan to change ownership of Uralkali was announced, and Belarus then extradited Baumgertner to Russia. Belarus put Kerimov on the national wanted list, and also requested Interpol to publish a Red Notice for him. Interpol clarified later that no Red Notice had been issued and that the request was political in nature. The Belarusian authorities later withdrew the case against Kerimov and closed the criminal investigation. By December 2013, Kerimov sold 21,75% of Uralkali shares to Mikhail Prokhorov for US$3.7 billion and 19,99 % (for approximately US$2.9 billion) to Uralchem.
Media portrayal of business styleEdit
Forbes magazine describes Kerimov as one of the most private Russian billionaires, who has not given a single interview over 20 years in business.
A senior Moscow banker is reported to have said of Kerimov: "Sometimes it is difficult to talk to him. He is always a few steps ahead of you. For foreigners, it is next to impossible, even those used to a Russian environment. He is very quick and creative, in a sense that ideas come to him that don’t come to other people".
Kerimov reportedly made extensive use of leverage for his investments, according to financiers and bankers active in Russia.
His financial success is based on investments that have significant growth potential with a strategy focused on locking in asset capital gain through resale.
In 2006 Kerimov was listed among the world's 100 richest people and as Russia's eighth richest man ranked by Forbes. He had a net worth of $6.9 billion as of 2014, with the previous years' net worth estimated at $7.1 billion (2013) and $6.5 billion (2012). In 2015 Kerimov was listed as the 18th wealthiest person in Russia.
FC Anzhi MakhachkalaEdit
In August 2013, as a part of new long-term strategy for the club, it was decided to scale back the club's annual budget by $50–70 million, down from their previous outlay of $180 million a season. The club sold some international players and recruited Russian young players instead.
Kerimov sold the club to Osman Kadiyev on 28 December 2016.
Business controversies and investigationsEdit
Business controversy over Nafta MoskvaEdit
Shortly after Kerimov bought into Nafta Moskva, the company found itself in a conflict with businessman Andrei Andreev. Andreev's assets were transferred to Nafta Moskva, Millhouse Capital and Basic Element. Further dispute brought the parties to the court.
In July 2004 Andreev and Nafta Moskva reached an amicable settlement and the dispute was resolved.
Moskva Hotel ownership and associated issuesEdit
Nafta Moskva, controlled by Kerimov, acquired a 25% stake in the Hotel Moskva project, a multibillion-dollar project to construct a replica of the enormous Stalin-era luxury hotel demolished in 2004. in February 2009, closing the deal by January 2010. In September 2010, Member of Russian Parliament Ashot Egiazaryan accused Kerimov of conspiring with the city government of Moscow to forcibly acquire his 25% stake in the project. After claiming he received death threats, Egiazaryan fled to the United States to seek asylum and filed lawsuits in a civil court in Cyprus, the London Court of International Arbitration and on Capitol Hill claiming that a campaign of threats of criminal prosecution and armed police raids forced him to give up his shares. According to Kerimov's lawyer Mr Egiazaryan transferred his interest in the Moskva Hotel as part of a legitimate business deal but was overextended and was deep in debt. Mr Egiazaryan was facing financial ruin.
Pending deliberation by the courts, Kerimov's assets were frozen, upsetting Uralkali’s $39 billion joint bid with Chinese company Sinochem for the Canadian Potash Corp. The Nicosia district court in Cyprus lifted Kerimov’s billion dollar asset freeze in February 2011, arguing that the plaintiffs "failed to prove the urgency of their petition." According to Egiazaryan's lawyer, Andreas Haviaras, the Cyprus ruling was based on "technicalities" and did not prejudge the merits of the case.
French tax evasion caseEdit
In November 2017, Kerimov was arrested by French police at Nice airport in connection with a tax evasion case concerning his alleged purchase of several luxury residences on the French Riviera via shell companies. The charges were dismissed the following June. In March 2019, French prosecutors placed Kerimov under formal investigation "on suspicion of complicity in tax fraud". He was released on bail of €20 million and his lawyer plans to appeal the accusation of fraud.
Kerimov is one of many Russian "oligarchs" named in the Countering America's Adversaries Through Sanctions Act, CAATSA, signed into law by President Donald Trump in 2017.
Member of the State DumaEdit
From 1999-2003, Kerimov was a member of the State Duma of the 3rd Convocation — the lower house of the Federal Assembly of Russia — as well as a member of the State Duma Committee for Security. From 2003-2007, while continuing his role on the Committee for Security, he was also a member of the 4th Convocation and Deputy Chairman of the State Duma Committee for Physical Education, Sports and Youth. He first gained a seat in parliament with the Liberal Democratic Party, led by Vladimir Zhirinovsky.
Member of the Federation CouncilEdit
Since 2008, Kerimov has served as a member of the Federation Council of the Federation Assembly of the Russian Federation — the upper house of the Federation Assembly— and represents the Republic of Dagestan.
In response to the Russian parliament’s passage of a bill prohibiting government officials from holding foreign-issued securities and bank accounts abroad, Kerimov transferred his assets to the Suleyman Kerimov Foundation, a charity registered in Switzerland, in May 2013. This way, he retained both his position in the Federation Council and beneficiary rights to his business assets. Suleiman Kerimov was re-elected to the Federation Council in September 2016.
Endorsement of MoscowEdit
In October 2011, Kerimov used his connections to fly Western financial figures such as Jamie Dimon of JPMorgan, Richard Parsons of Citigroup and Stephen Schwarzman of Blackstone to Moscow in support of Medvedev’s initiative to turn Moscow into an "international financial centre".
In 2007 Kerimov got involved in the reconstruction of the Moscow Cathedral Mosque, which opened in September 2015 and is the largest in Europe . Kerimov donated a total of $100 million to the project.
On November 26, 2006, in Nice, France, Kerimov was seriously injured after losing control of his Ferrari Enzo on the Promenade des Anglais. He suffered severe burns as a result of the accident.
From 2005-2015, Kerimov owned one of the world's largest private yachts, which is known as Ice. Previously known as Air, she was built by German company Lürssen in 2005. Ice measures 295 feet (90 metres) in length, and can reach a speed of 18.6 knots (33 km/h; 21 mph). She has won the Superyacht of the Year award at the World Superyacht Awards in 2006, and is currently the 54th largest yacht in the world. He sold Ice to Teodoro Nguema Obiang Mangue's Equatorial Guinea interests in 2015.
Kerimov established the Suleyman Kerimov Foundation in 2007, with a vision to enhance the lives of young people in Russia and throughout the world, by investing in initiatives that strengthen communities and help those in need. Unlike most charities in Russia, the foundation work closely with the government, meaning their projects have much better long-term prospects.[why?]
Suleyman Kerimov Foundation collaborates with the Russian Wrestling Federation ,as well as other sports programs, on supporting gym construction and equipment provision, for several hundred Russian athletes and coaches across the country. Since the inception of the Suleyman Kerimov Foundation in 2007 close to 300 grants totaling over 300 million CHF have been awarded. Funding has been given in accordance with the Foundation's identified ten core funding areas, with special emphasis in the areas of education, religion, social aspects, medicine and sport.
The Suleyman Kerimov Foundation partners closely with the Russian charity Podari Zhizn.
In 2007 Kerimov became a sponsor of the Kennedy Kennedy Center Honors in Washington: annual awards for a lifetime achievement in the arts.
Suleyman Kerimov is head of the supervisory board of the Russian Wrestling Federation, and is a member of the Gorchakov Foundation's supervisory board.
On December 17, 2010, the press reported that Kerimov will spend $100 million on the reconstruction of the Zarechenskaya secondary school, an advanced comprehensive school west of Moscow "for educating children from different social groups." The school will include a modern sports complex with a swimming pool, a skating-rink, a giant dance floor, as well as a residential area for gifted children from the provinces. Reconstruction was completed in 2015.
The Kerimov Foundation also donated to mosque and church constructions and sent thousands of pilgrims to Mecca on Hajj annually. Kerimov spent $100 million on the construction of the Moscow Cathedral Mosque.
Recognitions and HonorsEdit
The International Federation of Associated Wrestling Styles (FILA) honored Kerimov the "Gold Medal" in 2013.
On March 10, 2016, Kerimov was recognized with an award for outstanding social contribution to the Republic of Dagestan, by the Head of the Republic, Ramazan Abdulatipov.
On February 8, 2017 Kerimov and his wife received an award from Andrei Vorobyov, Governor of Moscow Oblast, recognizing their contribution to the reconstruction of the Zarechenskaya secondary school, and their service to the Moscow region.
On March 20, 2017 Suleyman Kerimov was awarded the Order for Merit to the Fatherland of II degree by President Vladimir Putin for his outstanding contribution to the development of parliamentarianism and legislation.
- "Suleyman Kerimov". Forbes.
- "Russia Seeks Baumgertner's Extradition". AG Web. Retrieved 12 November 2013.
- "Solly Garkov Plays Pin the Tale on the Donkey". Business Insider. Retrieved 12 November 2013.
- "Kerimov Foundation: Welcome". www.kerimovfoundation.org. Retrieved 2018-02-06.
- "Suleyman Kerimov". Suleyman Kerimov Foundation. Retrieved 12 November 2013.
- "Suleiman Kerimov". Forbes. Retrieved 2019-07-26.
- "Suleyman Kerimov". Suleyman Kerimov Foundation. Retrieved 6 October 2012.
- "MFK International Finance Club". Suleyman Kerimov. Archived from the original on 11 May 2012. Retrieved 6 October 2012. Cite uses deprecated parameter
- "Persons - The Alexander Gorchakov Public Diplomacy Fund". gorchakovfund.ru. Archived from the original on 2015-11-17. Retrieved 2015-11-15. Cite uses deprecated parameter
- "From TV Plant to Secretive Business Empire". The Moscow Times. Retrieved 12 November 2013.
- "Suleiman Kerimov, the secret oligarch". Financial Times. Retrieved 12 November 2013.
- Reznik, Irina; Fedorinova, Yuliya. "Kerimov Rebound From Morgan Stanley Meltdown Snags on Potash". Bloomberg.com. Retrieved 2015-11-15.
- "Russian Defense Business Directory". Federation of American Scientists. Retrieved 9 October 2012.
- Catherine Belton (10 February 2012). "Suleiman Kerimov, the secret oligarch". FT Magazine. Retrieved 9 October 2012.
- "The impending downfall of Russia's 'Great Gatsby'". The Descrier. Retrieved 12 November 2013.
- "Suleiman Kerimov - Finance Institutions in Mining". moneytometal.org. Retrieved 2015-11-15.
- "Suleiman Kerimov". The Moscow Times.
- "Paper: Kerimov Buys Smolensky Passazh | Business". The Moscow Times. Retrieved 2016-01-03.
- "Газета.Ru - Нефтяной пассаж". www.gazeta.ru. Retrieved 2016-01-03.
- "Annual Report 2003" (PDF). Gazprom Annual Report. Retrieved 12 November 2013.
- "Biggest Banks in Central and Eastern Europe in 2010". Global Finance. Retrieved 12 November 2013.
- "Forbes | Как заработать сотни процентов на недвижимости?". m.forbes.ru. Retrieved 2016-02-09.
- "Six Strategies for Success (in Russian)". Finanz. Retrieved 5 December 2015.
- "Profile of Suleiman Kerimov". Forbes. Retrieved 6 December 2015.
- "Company History". Polymetal. Archived from the original on 13 November 2013. Retrieved 12 November 2013. Cite uses deprecated parameter
- "Kerimov Sells Control of Polymetal". Financial Times. Retrieved 12 November 2013.
- "Gold Price Peak, Two Years On". BullionVault. Retrieved 12 November 2013.
- Bream, Rebecca (June 16, 2008). "Kerimov Sells Control of Polymetal". Financial Times.
- "Suleyman Kerimov". Forbes. Retrieved 12 November 2013.
- Catherine Belton (10 February 2012). "Suleiman Kerimov, the secret oligarch". FT Magazine. Retrieved 12 November 2013.
- "Kerimov Rebound From Morgan Stanley Meltdown Snags on Potash". Bloomberg. Retrieved 12 November 2013.
- "Kerimov Will Boost Polyus Stake to 37%". The Moscow Times. Retrieved 12 November 2013.
- "New owners for Polyus Gold? | Russia Oil and Gas, Metals and Mining News". rusmininfo.com. Retrieved 2016-02-09.
- "London's Russian IPOs". BloombergView. Retrieved 2016-02-09.
- "Cash offer by Sacturino Limited for Polyus Gold - RNS - London Stock Exchange". www.londonstockexchange.com. Retrieved 2016-02-09.
- Fedorinova, Yuliya. "Polyus to Delist From London Next Month as Kerimov Get 98% Stake". Bloomberg.com. Retrieved 2016-02-09.
- "Kerimov buys stake in Russian developer PIK". Reuters. April 1, 2009.
- "Kerimov Sells PIK Stake". The Moscow Times. December 23, 2013.
- Belton, Catherine (2010-05-28). "Rybolovlev in talks to sell Uralkali stake". Financial Times. ISSN 0307-1766. Retrieved 2015-12-07.
- "Clash Over Oligarch Kerimov Devolves Into Gas Dispute with Belarus". OilPrice.com. Retrieved 13 November 2013.
- "Potash price shocker: short-term dive or new pricing paradigm?". Canadian Business. Retrieved 12 November 2013.
- "Hostage of Love". EU Observer. Archived from the original on 13 November 2013. Retrieved 12 November 2013. Cite uses deprecated parameter
- "Uralkali Blasts Prosecution of its CEO in Belarus". Associated Press. Retrieved 12 November 2013.
- Alpert, Lukas I. "Russian CEO Jailed in Potash Dispute". Wall Street Journal. ISSN 0099-9660. Retrieved 2015-12-07.
- Fedorinova, Yuliya. "Belarus Extradites Uralkali CEO Baumgertner to Russia". Bloomberg.com. Retrieved 2015-12-07.
- "Belarus wanted businessman Kerimov sells his potash stake, shares up 7%". RT. September 16, 2013.
- "PR106 / 2013 / News / News and media / Internet / Home - INTERPOL". www.interpol.int. Retrieved 2015-12-07.
- "Criminal charges against former Uralkali CEO Baumgertner dropped". Rapsi. February 20, 2015.
- "Criminal charges against former Uralkali CEO Baumgertner dropped". RAPSI. Retrieved 2015-12-07.
- "Kerimov selling $3.7 billion Uralkali stake to Russian banker-reports". Reuters. 2013-09-13. Retrieved 2019-07-26.
- Fedorinova, Yuliya (December 2, 2013). "Uralchem Owner Mazepin Agrees to Buy 20% Uralkali Stake". Bloomberg. Archived from the original on March 25, 2016.
- "Uralchem shareholders to buy 20 percent of Russia's Uralkali". Reuters. 2013-12-02. Retrieved 2019-07-26.
- "How to make hundreds of percentage points return on investments in real estate". forbes.ru. Retrieved 2015-12-28.
- Belton, Catherine (2012-02-10). "Suleiman Kerimov, the secret oligarch". Financial Times. ISSN 0307-1766. Retrieved 2016-02-01.
- "Suleiman Kerimov, The World's Richest People - Forbes.com". www.forbes.com. Retrieved 2016-01-03.
- 100 Richest People in the World for Smartphones and Mobile Devices - Illustrated History of Their Life and Wealth. MobileReference. 2007-01-01. ISBN 9781605011233.
- "Russia's Richest, Twice as Rich | News". The Moscow Times. Retrieved 2016-01-03.
- "Suleiman Kerimov". Forbes. Retrieved 2016-01-03.
- "VTB SPO attracts $3.3bn; tycoons Prokhorov, Kerimov buy in". RT International. Retrieved 2016-01-03.
- "Сенатор Керимов приобрел футбольный клуб "Анжи"". RIA Novosti. Retrieved 7 October 2012.
- Джусойти, Афсати; Доспехов, Алексей; Кузнецов, Петр; Рыбина, Юлия (2013-08-08). "Сулейманово решение". Газета "Коммерсантъ" (140). p. 1. Retrieved 2016-01-14.
- "Anzhi Stadium Unveiled in Dagestan | Business". The Moscow Times. Retrieved 2016-01-14.
- "Официальный сайт ФК "Анжи"". www.fc-anji.ru. Retrieved 2016-01-14.
- Официальное заявление ФК «Анжи» (in Russian). FC Anzhi Makhachkala. 28 December 2016.
- "Suleiman Kerimov. Full Profile (in Russian)". Lenta.ru. Retrieved 4 December 2015.
- "Fearful Russian lawmaker Egiazaryan in US". Knox News. Retrieved 12 November 2013.
- "Russian billionaire flees to the U.S. after receiving death threats over top Moscow hotel project". Daily Mail Online. London. 7 February 2011. Retrieved 12 November 2013.
- "Russian billionaire flees to the U.S. after receiving death threats over top Moscow hotel project". The Daily Mail. 7 February 2011.
- "Russian Tycoon's Assets Frozen". Financial Times. Retrieved 12 November 2013.
- "Sinochem struggles to mount Potash bid". Financial Times. Retrieved 12 November 2013.
- "Cyprus Court Releases $6Bln in Kerimov Assets". The Moscow Times. Retrieved 12 November 2013.
- "EY Hospitality Newsletter, October 2015" (PDF). EY Publication. Retrieved 5 December 2015.
- "Russian billionaire lawmaker detained by French police for tax evasion". UNIAN. 21 November 2017.
- "Russian billionaire under investigation in France". Reuters. 22 November 2017.
- "Russian Billionaire Kerimov Beats French Laundering Charges". Bloomberg. 28 June 2018.
- "Subscribe to read". Financial Times. Retrieved 2019-07-26.
- "French prosecutors launch new probe against Russian senator". TASS. Retrieved 2019-07-26.
- "Ukraine-/Russia-related Designations and Identification Update". United States Department of the Treasury. 2018-04-06. Retrieved 2018-04-06.
- "США ввели санкции против семи российских олигархов и 17 чиновников из "кремлевского списка"" [The US imposed sanctions against seven Russian oligarchs and 17 officials from the "Kremlin list"]. Meduza (in Russian). 2018-04-06. Retrieved 2018-04-06.
- "Report to Congress Pursuant to Section 241 of the Countering America's Adversaries Through Sanctions Act of 2017 Regarding Senior Foreign Political Figures and Oligarchs in the Russian Federation and Russian Parastatal Entities" (PDF). January 29, 2018.
- "Kerimov Transfers Assets to Swiss Charity". The Moscow Times. Retrieved 12 November 2013.
- "Russian billionaire senator moves assets to Swiss charitable fund". RT. Retrieved 12 November 2013.
- "Week in the Caucasus: review of main events of September 26-October 2". Caucasian Knot. Retrieved 2016-12-13.
- "Putin praises anti-extremism efforts as Moscow mosque reopens - BBC News". BBC News. Retrieved 2016-01-03.
- "One of Europe's Biggest Mosques to Open in Moscow | News". The Moscow Times. Retrieved 2016-01-03.
- "Suleiman Kerimov Badly Injured in Car Wreck". Kommersant. 27 November 2006. Archived from the original on 30 July 2012. Retrieved 7 October 2012. Cite uses deprecated parameter
- "World's 100 Largest Yachts 2008 #21: Ice". Power & Motoryacht. Retrieved 11 October 2012.
- "Russian tycoon pays £300k for Jessie J to perform at bash". The Mirro r. Retrieved 11 October 2012.
- "Suleyman Kerimov and his Superyacht Ice - Club Yacht". Club Yacht. Retrieved 2017-04-30.
- Roger Lean-Vercoe. "Ice". Monaco Eye. Retrieved 13 October 2012.
- "Iconic yachts: Ice". Boat International. Retrieved 13 October 2012.
- "Top 100 largest yachts". Boat International. Retrieved 13 October 2012.
- Helmer, John (28 November 2017). "High Stakes Game of Hide and Seek at Suleiman Kerimov's Villas in Cap D'Antibes". JohnHelmer.net. Moscow. Retrieved 5 December 2018.
- "All You Need to Know About Suleiman Kerimov and his Yacht ICE". SuperYacht Fan website. Retrieved 5 December 2018.
- BEAM staff (27 January 2018). "The full story of the yacht bought by Equatorial Guinea". Beam.Land website. Retrieved 5 December 2018.
- "Welcome". Suleyman Kerimov Foundation. Retrieved 13 October 2012.
- "Board of Trustees - Gorchakov Fund". Archived from the original on 2015-02-02. Cite uses deprecated parameter
- "Tycoon Kerimov 'to build a $100 million school near Moscow". RIA Novosti. Retrieved 17 December 2010.
- "Сулейман Керимов получил орден "За заслуги перед Московской областью" от губернатора Андрея Воробьёва". governors.ru (in Russian). Retrieved 2017-02-19.
- "Губернатор Андрей Воробьёв наградил орденами олигарха Керимова и его жену". moskva.glavny.tv (in Russian). 2017-02-08. Retrieved 2017-02-19.
- "Dagestani students to go on Hajj for free". IslamDag.info.
- "Putin praises anti-extremism efforts as Moscow mosque reopens". BBC News. 23 September 2015.
- Колесников, Андрей; Колесников, Андрей. "Ребятам о деньжатах". Коммерсантъ. Retrieved 2016-09-14.
- "Center for Gifted Children to be opened in Dagestan". Retrieved 2017-04-30.
- "Sirius Altair educational centre for gifted children opens in Dagestan, Russia". Getty Images. Retrieved 2017-04-30.
- "Sirius Altair educational centre for gifted children opens in Dagestan, Russia". Getty Images. Retrieved 2017-04-30.
- Cook, Robin (2017-05-29). "Good News for Dagestan's Gifted and Talented Students". Finally Good News. Retrieved 2017-07-16.
- "Сулейман Керимов | Федерация спортивной борьбы России". wrestrus.ru. Retrieved 2017-04-30.
- ЛезгиЯр. "Рамазан Абдулатипов наградил Сулеймана Керимова (Указ) - 15 Марта 2016 - Сулейман Керимов". lezgi-yar.ru. Retrieved 2017-04-30.
- "Губернатор Андрей Воробьёв наградил орденами олигарха Керимова и его жену". moskva.glavny.tv (in Russian). 2017-02-08. Retrieved 2017-04-30.
- "Официальный интернет-портал правовой информации". publication.pravo.gov.ru. Retrieved 2017-04-30.