Former PM, founder of ruling party Ivanishvili no longer among Bloomberg’s world’s richest people index

Former Prime Minister of Georgia and the founder of the ruling Georgian Dream party Bidzina Ivanishvili is no longer among the world’s richest people listed in the Bloomberg Billionaires Index. 

The Bloomberg Billionaires Index lists the net worth and an analysis on each billionaire’s profile page. The figures are updated at the close of every trading day in New York.

When leaving politics in January 2021 Ivanishvili stated that he would donate 90% of his material assets worth $1.5 billion, except those with credit or other obligations, to the Cartu Charity Foundation, a charity fund established by Ivanishvili.  

• Former PM, founder of ruling party Ivanishvili donates material assets worth $1.5 bln to Cartu Charity Foundation

Bloomberg earlier estimated Ivanishvili's assets at $5.5 billion.

Ivanishvili is still included in the Forbes's list of billionaires, ranking 589th with $4.8 billion in assets.