German Borisovich Khan is a Ukrainian–Russian businessman. He was born on 24 October 1961 in Kyiv, Ukraine, to Ukrainian Jewish parents.
German Khan graduated with honours from a college specialising in manufacturing and technology at the age of 18, before working as a mechanic at the Kyiv Experimental and Development Plant for Non-Standard Equipment.
Having experienced the working world, Khan re-entered education, attending the ferrous metal casting faculty of the Moscow institute of Steel and Alloys. After graduating at the height of the ‘cooperative’ era, he went to work for the Kosmos cooperative, which was involved in the wholesale of garments, footwear and jewellery. German Khan founded his own cooperative business – Alexandrina – in 1989, specialising in tailoring.
It was not long after his entrepreneurial career began that Khan would find himself on the trajectory that would ultimately make him a billionaire. He was Chief of Wholesale at Alfa-Eco – part of Alfa Group – from 1990 to 1992. As the business expanded, he held different executive director and board member positions within Alfa Group. Ultimately, the bank that Khan and his associates were building would go on to manage tens of billions of dollars.
When Alfa Group bought Tyumen Oil Company in 1997, Khan joined the Board of Directors.
With a net worth of USD 8.9 billion, Khan is the 219th richest person in the world as of February 2023 according to Forbes, and one of Russia’s highest-profile billionaires. German Khan is also known as a philanthropist and has supported the Genesis Philanthropy Group and European Jewish Fund along with his colleagues Mikhail Fridman and Petr Aven, both of whom are also Jewish. The organisations aim to promote Judaism in Russia and the Russian-speaking Jewish diaspora worldwide.