Russian entrepreneur Mikhail Gutseriev has an estimated net worth of $6.4 billion as of June 2016 according to Forbes. He is best recognized as the owner of GCM Global Energy, ZAO “Mospromstroy”, OAO “Russian Coal”, and “Russneft." GCM Global Energy is a British company that owns large oil assets in Azerbaijan and Kazakhstan. Mikhail Gutseriev also owns stakes in real estates such as luxury shopping centres and the “National” Hotel.

Mikhail Safarbekovich Gutseriev was born on March 9, 1958 in Russia. He is a graduate of Kazakh Technological Institute. He is currently married and has two children.

Through his BIN Group, Mikhail Gutseriev continues to acquire real estate properties. Just last year, he purchased the Lux, and the Summit, two Moscow-based five-star hotels, from Bidzina Ivanishvili.