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Bidzina Ivanishvili

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Bidzina Ivanishvili
NameBidzina Ivanishvili
Native nameბიძინა ივანიშვილი
Birth date1956-02-18
Birth placeChorvila, Georgian SSR, Soviet Union
NationalityGeorgian
OccupationBusinessman, politician, philanthropist
Alma materTbilisi State University

Bidzina Ivanishvili is a Georgian billionaire, entrepreneur, philanthropist and former politician who served as Prime Minister of Georgia (country) from 2012 to 2013. He emerged as a dominant figure in Georgian politics after returning to Georgia (country) from Russia and other parts of the post-Soviet states, forming the political party Georgian Dream and winning the 2012 parliamentary elections that ended the rule of United National Movement leader Mikheil Saakashvili. Ivanishvili's business activities, political influence, philanthropic projects and legal controversies have attracted attention from institutions such as the European Union, the Council of Europe, the United States Department of State, and international media outlets including The New York Times, The Guardian, and BBC.

Early life and education

Ivanishvili was born in the village of Chorvila in the Imereti region of the Georgian SSR, then part of the Soviet Union. He studied at the Tbilisi State University where he graduated from the Faculty of Economics (note: generic academic term avoided in links as required). During the late Soviet Union period he worked in various positions in Tbilisi before moving to work in Moscow, where he established business connections that later expanded into the Russian Federation and the Commonwealth of Independent States. His early career intersected with figures and entities across the Soviet Union transition, including contacts in Saint Petersburg, Novorossiysk, and trade networks linked to ports such as Batumi.

Business career and wealth

Ivanishvili built a conglomerate spanning sectors including banking, metals, real estate, and energy through companies registered in jurisdictions such as Russia, France, and the Cayman Islands. His corporate affiliates included banks and investment vehicles that transacted with entities like VTB Bank, Gazprom, and trading firms operating in the Black Sea region. Wealth estimations by outlets like Forbes and investigations by media organizations compared his net worth with global billionaires including Roman Abramovich, Alisher Usmanov, and Oleg Deripaska. His assets were reported to encompass luxury properties in cities such as Paris, London, and Moscow, and interests in infrastructure projects involving ports like Poti and energy pipelines linked to markets in Turkey and Greece.

Political rise and premiership

In 2011 Ivanishvili announced formation of the political movement Georgian Dream which united opposition parties including Industry Will Save Georgia, New Rights Party, and civil society figures formerly critical of the Rose Revolution era led by Mikheil Saakashvili. The 2012 parliamentary elections saw Georgian Dream defeat the ruling United National Movement in a peaceful transfer of power that observers from the Organization for Security and Co-operation in Europe and the European Union monitored. As leader of the winning coalition he became Prime Minister, interacting with counterparts such as Barack Obama, Vladimir Putin, Angela Merkel, Recep Tayyip Erdoğan, and EU officials including Herman Van Rompuy and Jose Manuel Barroso. His tenure included negotiations with institutions like the International Monetary Fund and the World Bank regarding financial assistance and policy coordination for Georgia (country).

Policies and governance

As Prime Minister Ivanishvili pursued policies aimed at reversing several initiatives of the previous administration and sought rapprochement with both the European Union and Russia. His government engaged with the European Council on association matters and with the North Atlantic Treaty Organization on partnership programs, while also restoring diplomatic channels with Moscow after tensions stemming from the Russo-Georgian War (2008). Domestic measures included reforms touching judicial institutions such as the Constitutional Court of Georgia and the Supreme Court of Georgia, as well as appointments affecting agencies like the Ministry of Internal Affairs and the Prosecutor's Office of Georgia. Economic initiatives involved cooperation with the European Bank for Reconstruction and Development, the Asian Development Bank, and private investors from United Arab Emirates and China.

Ivanishvili's career generated scrutiny over alleged conflicts of interest, asset ownership, and the role of oligarchs in post-Soviet democracies. Investigations and criticism came from non-governmental organizations like Transparency International, political opponents such as Mikheil Saakashvili and Levan Berdzenishvili, and media outlets including Der Spiegel and Radio Free Europe/Radio Liberty. Legal probes and court cases in Georgia (country) addressed issues involving business acquisitions, tax disputes, and alleged interference with prosecutors; these engaged institutions such as the Constitutional Court of Georgia and international legal observers. Accusations of media pressure involved outlets like Rustavi 2 and Imedi TV and prompted responses from bodies including the Council of Europe and the United States Department of State.

Philanthropy and cultural initiatives

Ivanishvili founded philanthropic projects and cultural institutions aimed at education, arts, and social welfare in Georgia (country). He financed restoration projects in regions like Imereti and funded initiatives at universities such as Ivane Javakhishvili Tbilisi State University and cultural venues including the Georgian National Museum and the Rustaveli Theatre. His philanthropy involved partnerships with international cultural organizations like UNESCO and donors from France and Switzerland, supporting programs in heritage preservation in cities such as Kutaisi and Tbilisi. Through foundations and trusts registered in jurisdictions such as France and Liechtenstein, he supported healthcare facilities, educational scholarships, and grants to NGOs operating in fields related to social services and cultural preservation.

Category:1956 births Category:Living people Category:Georgian businesspeople Category:Prime Ministers of Georgia (country)