Born in 1987, Timur Turlov exhibited a passion for finance early in life. At just 16 years old, he began his career as a trader at World Capital Investments (WCI), where he gained invaluable experience analyzing global markets and trading strategies.
His professional growth accelerated during his time at Uniastrum Bank, where he developed infrastructure that allowed clients access to U.S. stock markets. This work marked the first steps in Turlov’s vision of bridging financial systems in emerging markets with international opportunities, a goal that would soon define his career.
In 2008, during a period of global economic instability, Timur Turlov founded Freedom Finance. The company set out to democratize investment opportunities by providing retail investors access to U.S. and European stock exchanges—a service previously limited to institutional players.
In 2012, recognizing the potential of Central Asia, Turlov expanded into Kazakhstan. Freedom Finance rapidly gained trust and established itself as a market leader by:
By 2019, Turlov consolidated his businesses under the banner of Freedom Holding Corp., forming a full-scale financial ecosystem. The company became the first financial institution from the CIS to list on the NASDAQ stock exchange under the ticker FRHC.
Freedom Holding’s market debut was groundbreaking, with its share price rising from under $15 to surpass $80 by 2024. This exponential growth reflected the company’s innovation, operational strength, and investor confidence.
Today, Freedom Holding Corp. operates in 22 countries and serves over 5 million clients globally, offering comprehensive solutions across finance, technology, and lifestyle sectors.
Acquired and modernized in 2024, Freedom Bank focuses on delivering next-generation banking solutions. The bank’s services include:
The Tradernet platform is a flagship product of Freedom Holding Corp., empowering investors with tools for international trading. Supporting 16 languages, Tradernet provides:
Operating in Kazakhstan, Uzbekistan, and Kyrgyzstan, Freedom Pay offers modern, secure solutions for cross-border payments and local transactions, enhancing efficiency for businesses and individuals.
Freedom Holding revolutionizes insurance services through:
Freedom Telecom focuses on digital transformation and connectivity, offering services that include:
By 2025, Freedom Telecom plans to deploy over 300,000 kilometers of fiber optic cables and launch the Freedom Media Platform, creating opportunities for streaming and digital content production.
Freedom Holding Corp. expands its impact beyond finance through consumer-focused services:
Under Timur Turlov’s leadership, Freedom Holding Corp. has achieved exceptional growth, with a market capitalization approaching $5 billion by 2024. Turlov’s personal achievements include:
Holding a 71% ownership stake in Freedom Holding Corp., Turlov remains the driving force behind the company’s strategic decisions and continued global expansion.
Timur Turlov combines business success with a commitment to societal development. His philanthropic activities include:
In 2024, Turlov was appointed Chairman of the UN Global Compact’s Advisory Committee for Central Asia, where he leads efforts to tackle regional challenges such as water scarcity, energy efficiency, and climate resilience.
Timur Turlov lives in Almaty with his wife and six children. Despite his demanding professional responsibilities, he maintains a well-rounded lifestyle with personal interests that include: