Timur Kulibayev, the billionaire friend of Prince Andrew, has been made chairman of Kazakhstan's $80bn (£49.2bn) sovereign wealth fund, cementing his position as the most important business figure in the resource-rich former Soviet republic.
The Samruk-Kazyna fund, holds a 14.99pc stake in Kazakhmys, and 11.65pc of ENRC, two of the FTSE 100's leading mining companies.
The Samruk-Kazyna fund, holds a 14.99pc stake in Kazakhmys, and 11.65pc of ENRC, two of the FTSE 100's leading mining companies.
