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    Home»Oligarchs»The ex-mayor of Astana's son, Adilbek Dzhaksybekov, has a $2 million apartment in New York.
    The ex-mayor of Astana's son, Adilbek Dzhaksybekov, has a $2 million apartment in New York.
    Oligarchs

    The ex-mayor of Astana's son, Adilbek Dzhaksybekov, has a $2 million apartment in New York.

    Wu MeiBy Wu MeiMarch 10, 2023No Comments4 Mins Read
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    The series for Kazakhstani travelers continues. There has been an article on the Internet about the Metropol Hotel near Nice, owned by Ian Connor, partner of the founders of the Kazakh offshore empire Meridian. The hotel and its infrastructure were bought and reconstructed with money taken out of Kazakhstan. Therefore, if you have the opportunity, be sure to visit Jan. A part of your taxes also contributed to this, which went to save Kazkom and enrich its owners. But if our readers prefer apartments over hotels, we have a great option for them.

    New York is the largest city in the USA and one of the most expensive cities in the world, serving as its financial and cultural center. It is home to the two largest stock exchanges, the largest banks, and the central offices of many global companies. New York's annual budget alone is $100 billion, half of Kazakhstan's annual budget. It's a cool, expensive, and interesting place. Not surprisingly, 13 million foreign tourists visit annually – more than any other city in the United States. And if you are one of them, we can help you find a nice place to live in this city, especially if you plan to stay longer and have the means. For $7.2 thousand (3.2 million tenge) per month, you can have a three-bedroom apartment in the heart of New York.

    Our apartment is in a skyscraper at 2 Columbus Avenue, right in the heart of the city. It's just a short walk from Central Park and Lincoln's largest urban cultural center. Visiting New York and not experiencing the Philharmonic Orchestra at the Metropolitan Opera? Error! Passing by Carnegie Hall? Fatal error! But you don't have to worry because both places are just a 2-3 minute walk from our apartment. Another 10-minute walk will take you to the New York Museum of Modern Art and Rockefeller Center. In short, it's a great option for cultured individuals.

    What does this apartment offer? Two bedrooms with modern furniture, a living room, and a kitchen, with a great view from the window. And most importantly, the owner is a Kazakhstani, Dauren Zhaksybek, so we may be able to negotiate the price. Dauren became the owner in 2001 when he was 23 years old, and his father, Adilbek Dzhaksybekov, was working as the mayor of Astana. A year before buying the apartment, Dauren graduated from Washington American University with a degree in International Finance and Marketing, and started working as a loan officer in the New York office of Raiffeisen. The purchase cost him $600,000, which he most likely paid in full, as there is no information about a mortgage in the transaction documents. It's unlikely that he saved this amount from cutting back on dinners and parties. Surely, this is a successful investment made by his father, the mayor. Now the apartment is worth more than $2 million, which is a great start for a student and the son of an official.

    A few years after the deal, Dauren moved to Vienna to work at the Raiffeisen headquarters, and then took up the development of the family business, the Tsesna Corporation, which was patronized by his father, who, as one of Nursultan Nazarbayev’s closest associates, moved from one high government position to another .

    In January 2012, Tsesnabank, headed by Dauren Zhaksybek, received the title of “The Best Commercial Bank of Kazakhstan”. From 2013 to 2018, Dauren himself was included in the rating of the most influential businessmen in the country according to Forbes-Kazakhstan. The influence rating of 2018 was the last for Dauren. Despite state assistance of 700 billion tenge, the family of Adilbek Dzhaksybekov still had to sell their assets to the Jusan group, controlled at that time by Karim Massimov and Nazarbayev’s funds. The new owners of Tsesna also required several rounds of state funding, and the total amount spent by the budget to support them reached 1.5 trillion tenge.
    @off_shores

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