Forbes' ranking of the 100 richest entrepreneurs in Georgia revealed not only the scale of capital concentration, but also the close intertwining of business and politics. The total value of the participants' assets exceeded 60 billion GEL — this is almost 60% of the country's GDP and approximately 3 times more than the annual budget revenues. At least 12 people on the list are directly connected to the political elite.

Mikheil Lomtadze took first place with a fortune of about 16 billion GEL — his key assets are concentrated in the fintech company Kaspi.kz. He is followed by Bidzina Ivanishvili with 7 billion GEL, as well as Giorgi Jokhtaberidze, who controls most of the operator Magticom. Among the largest players are also Irakli Rukhadze with assets of over 2 billion GEL and Temur Chkonia, who manages Coca-Cola Bottlers Georgia and the McDonald's chain in the country.

The study also showed the structure of the economy: about 70% of the capital is concentrated in five sectors — finance, trade, telecom, medicine and real estate. At the same time, most billionaires are over 50 years old, and there are only a few young entrepreneurs on the list. Among women, Laura Larioni, Maka Asatiani and other participants whose assets are concentrated in transport, industry and services stand out.

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Georgian Post Signed Agreement with Turkish Airlines

Georgian Post Signed Agreement with Turkish Airlines

Cooperation with airlines is expected to bring the postal service 4.4 million GEL in additional revenue, and the return of services from intermediaries another 14.2 million GEL annually

"Georgian Dream" will import electricity to Georgia without intermediaries

"Georgian Dream" will import electricity to Georgia without intermediaries

The new scheme for purchasing electricity from Azerbaijan should save the Georgian budget several million lari annually and will subsequently be extended to other countries

Fuel in Georgia crosses the 4 GEL mark: gasoline continues to rise in price

Fuel in Georgia crosses the 4 GEL mark: gasoline continues to rise in price

Over the past two days, some gas stations have again raised prices by 3-5 tetri per liter, and since the beginning of August, gasoline has risen in price to 42 tetri

Georgia is building a giant bridge 166 meters high

Georgia is building a giant bridge 166 meters high

The arch structure, over 400 meters long, will be part of the new Kvesheti-Kobi highway, which should make the key route towards Russia more reliable

Georgia and Turkey agree to implement new technologies in education

Georgia and Turkey agree to implement new technologies in education

Tbilisi and Ankara will expand experience exchange, launch programs for students and teachers, and jointly develop scientific projects

Georgia's Business Sector Sets Record - Turnover Reaches 253.7 Billion Lari

Georgia's Business Sector Sets Record - Turnover Reaches 253.7 Billion Lari

Over the year, the indicator grew by 11.1%, and over the decade, it increased almost fourfold

In Georgia, cars can now be sold remotely online

In Georgia, cars can now be sold remotely online

The transaction is processed through the mobile application or website of the Ministry of Internal Affairs Service Agency, and the buyer has 5 working days to register the car

BSP Oil Refinery in Kulevi Receives Libyan Oil

BSP Oil Refinery in Kulevi Receives Libyan Oil

The Frankopan tanker delivered about 90 thousand tons of crude oil, the third shipment is expected in late October

Wind Power Plants in Georgia Produced 10 GWh in August 2026

Wind Power Plants in Georgia Produced 10 GWh in August 2026

Electricity Consumption Decreased by 3.6%

Red Wings intends to expand flight geography to Georgia

Red Wings intends to expand flight geography to Georgia

The Russian airline plans to expand its route network from several Russian cities

Georgia sets record for car imports from China - deliveries up 60%

Georgia sets record for car imports from China - deliveries up 60%

In the first eight months of 2026, the country imported 6,189 Chinese cars worth $60 million

Georgia's Foreign Exchange Reserves Exceed $8 Billion Mark

Georgia's Foreign Exchange Reserves Exceed $8 Billion Mark

Over eight months, the regulator acquired more than $3 billion in foreign currency on the market, increasing its international reserve stock.