Russian Billionaire Alexander Mashrabov Granted Kazakhstani Citizenship

Russian billionaire Alexander Mashrabov, co-founder of AI startup Higgsfield, has obtained Kazakhstani citizenship. President Kassym-Jomart Tokayev signed the decree on October 30. Mashrabov, who resided in the US, renounced his Russian citizenship as Kazakhstan law prohibits dual nationality. Higgsfield, valued at $5.4 billion, was founded in 2023.

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