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Chodiev
Patokh Chodiev
Rank #3027
BELGIUM•Metals & Mining•mining, metals

Patokh Chodiev

Net Worth
$1.196B
0% (24h)
Patokh Chodiev is a prominent Belgian-Uzbek businessman and philanthropist, born in Uzbekistan in 1953. His wealth stems from his significant involvement in the mining and metals industries. Chodiev co-founded Eurasian Natural Resources Corporation (ENRC), a leading natural resources company, and has expanded his ventures across Kazakhstan, Africa, and Brazil. His career includes a diplomatic stint specializing in Russian-Japanese commercial relations and a doctorate in political science from the Moscow State Institute of International Relations (MGIMO). Chodiev's achievements include founding the International Chodiev Foundation, contributing to education, intercultural relations, and the arts, earning him recognition from Russia and Japan. As of 2024, his net worth is estimated at $1.2 billion.

How to read Patokh Chodiev's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Patokh Chodiev, we anchor the narrative to Mining and mining, metals, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.196B alongside global rank #3027, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (BELGIUM) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life and Education

Patokh Chodiev was born in Jizzakh, Uzbekistan, on April 15, 1953. He showed an early interest in global affairs, studying international law and Japanese at the Moscow State Institute of International Relations (MGIMO). He graduated with honors and earned a doctorate in political science. His fluency in Japanese led him to a diplomatic career specializing in Russian-Japanese commercial relations.

Rise to Success

Chodiev transitioned from diplomacy to business, capitalizing on the privatization of resources in Kazakhstan after the collapse of the Soviet Union. Together with partners Alexander Machkevich and Alijan Ibragimov, he obtained mineral and gas operations, laying the foundation for Eurasian Natural Resources Corporation (ENRC). ENRC was listed on the London Stock Exchange in 2007, and later restructured into Eurasian Resources Group (ERG).

Key Business Strategies

Chodiev's success stems from his strategic approach to the mining and metals sectors. He focused on acquiring and developing mineral assets in Kazakhstan, Africa, and Brazil. ENRC/ERG became a leading diversified natural resources group. His ventures have included investments in Eurasian Bank and Eurasia Insurance Company.

Philanthropy

Chodiev is known for his philanthropic efforts through the International Chodiev Foundation (ICF), established in 1996. The ICF supports academic research, the arts, and children's causes in Russia, Kazakhstan, Uzbekistan, and Japan.

Career Timeline

2020

Awarded the Order of the Rising Sun

Awarded the Order of the Rising Sun (First Class) by Japan for his contributions.

2020

Awarded the Order of Friendship

Awarded the Order of Friendship by Russia for his contributions.

2019

Awarded 'Patron of the Year'

Awarded 'Patron of the Year' by the Russian Ministry of Culture.

2007

ENRC listed on London Stock Exchange

Eurasian Natural Resources Corporation was listed on the London Stock Exchange.

1996

Established the International Chodiev Foundation

Founded a charitable organization supporting education and arts.

1989

Founded mining business (ERG)

Founded a global mining business which later became Eurasian Resources Group (ERG).

1976-1989

Diplomatic Service

Specialized in Russian-Japanese commercial relations.

1976

Graduated from MGIMO

Obtained a degree in international law and Japanese.

Philanthropic Impact

Education and ArtsN/A

International Chodiev Foundation (ICF)

Provides grants, scholarships, and support for academic research, arts, and children's causes.

Key Business Ventures & Holdings

CompanyStakeValue
Eurasian Resources Group (ERG)——

Net Worth History

In-Depth Analysis

Early Life and Education

Patokh Chodiev was born in Jizzakh, Uzbekistan, on April 15, 1953. He showed an early interest in global affairs, studying international law and Japanese at the Moscow State Institute of International Relations (MGIMO). He graduated with honors and earned a doctorate in political science. His fluency in Japanese led him to a diplomatic career specializing in Russian-Japanese commercial relations.

Rise to Success

Chodiev transitioned from diplomacy to business, capitalizing on the privatization of resources in Kazakhstan after the collapse of the Soviet Union. Together with partners Alexander Machkevich and Alijan Ibragimov, he obtained mineral and gas operations, laying the foundation for Eurasian Natural Resources Corporation (ENRC). ENRC was listed on the London Stock Exchange in 2007, and later restructured into Eurasian Resources Group (ERG).

Key Business Strategies

Chodiev's success stems from his strategic approach to the mining and metals sectors. He focused on acquiring and developing mineral assets in Kazakhstan, Africa, and Brazil. ENRC/ERG became a leading diversified natural resources group. His ventures have included investments in Eurasian Bank and Eurasia Insurance Company.

Philanthropy

Chodiev is known for his philanthropic efforts through the International Chodiev Foundation (ICF), established in 1996. The ICF supports academic research, the arts, and children's causes in Russia, Kazakhstan, Uzbekistan, and Japan.

Data Sources & Methodology

Figures for Patokh Chodiev are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

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