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Kids Bible Blog: Kazakhstan
From Modest Beginnings to Financial Visionary: The Story of Timur Turlov and Freedom Holding
The life story of Timur Turlov is an account of how a young man grew up to become one of the most influential businessmen in Kazakhstan due to his vision, determination, and never-ending ambition. Being the founder and CEO of Freedom Holding Corp., he has not only created a company, but an integrated financial ecosystem, one that is not only focused on making profits, but also on changing the way people access financial services in Central Asia, Europe, etc.
Early Life & Determination
Timur Turlov was born in 1987 in Moscow, the then Soviet Union, and was interested in finance at a young age. He started as a trader with the Moscow investment firm World Capital Investments when he was still in his teens, and even prior to his graduation in the university. This exposure to markets at a young age and the intricate structure of finance was a precursor to his future.
Next, he joined Uniastrum Bank where he assisted in the development of systems to reach the stock exchange in the U.S. - an experience that provided him with valuable technical and strategic experience.
Freedom and Building an Ecosystem.
Turlov started Freedom Finance in 2008 when he was only 21 years. His goal:...
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Tags: Entrepreneurship business strategy Business Translation Business Efficiency Financial services leadership Timur Turlov Freedom Holding Fintech Innovation Kazakhstan Economy financial innovation fintech Kazakhstan
Timur Turlov’s Vision: From Young Trader to Global Finance Leader
Timur Turlov started his career in finance with humble origins, having traded stocks in school and then at World Capital Investments and subsequently developing infrastructure to access US stock exchanges in Moscow via Yutreyd.ru (a subsidiary of Uniastrum Bank). His youthful experience revealed not only ambition but readiness to risk--traits which were to characterize his subsequent achievements.
Not so far back in 2008, Turlov made a big move: he established Freedom Finance, a brokerage that seeks to democratize the access of retail investors to US securities. The company did not only survive under his leadership but it grew tremendously, expanding its footprint to 13 countries by 2022, and gaining a reputation as the fastest-growing broker in Russia.
Turlov did not limit his ambitions to the initial presence of Freedom Finance. In 2011, he transferred his base to Kazakhstan and founded Freedom Finance JSC, which became one of the busiest trading partners of the Kazakhstan Stock Exchange. In 2015, he acquired the majority stake in Freedom Holding Corp which consolidated a number of businesses under a single corporate umbrella- Freedom Finance Investment Company, Freedom24, and Freedom Finance Bank.
In 2019, Freedom Holding Corp was listed on the Nasdaq Stock Market--the first financial institution in...
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Tags: Investment AI in Finance Financial services Finance Timur Turlov Freedom Holding Fintech Innovation Financial Inclusion financial innovation finance strategy fintech Nasdaq listing Kazakhstan
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