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| '''Irakli Rukhadze''' is a Georgian businessman and investor primarily known for his involvement in real estate and media ventures. He holds both Georgian and United States citizenship. Rukhadze has been a central figure in several investment funds focused on the Caucasus region, managing significant assets and directing investments across various sectors. His business activities have extended beyond Georgia, involving international partnerships and projects.<ref name="LibBank">{{cite web |title=Irakli Rukhadze |url=https://www.libertybank.ge/en/chven-shesakheb/kompaniis-shesakheb/mmartveloba/12/irakli-rukhadze |website=www.libertybank.ge |access-date=12 January 2025 |language=en}}</ref> | '''Irakli Rukhadze''' is a Georgian businessman and investor primarily known for his involvement in real estate and media ventures. He holds both Georgian and United States citizenship. Rukhadze has been a central figure in several investment funds focused on the Caucasus region, managing significant assets and directing investments across various sectors. His business activities have extended beyond Georgia, involving international partnerships and projects.<ref name="LibBank">{{cite web |title=Irakli Rukhadze |url=https://www.libertybank.ge/en/chven-shesakheb/kompaniis-shesakheb/mmartveloba/12/irakli-rukhadze |website=www.libertybank.ge |access-date=12 January 2025 |language=en}}</ref> | ||
Revision as of 06:53, 13 January 2025
Georgian businessman | This article reads like a press release or a news article and may be largely based on routine coverage. Please help improve this article and add independent sources. (January 2025) |
Irakli Rukhadze is a Georgian businessman and investor primarily known for his involvement in real estate and media ventures. He holds both Georgian and United States citizenship. Rukhadze has been a central figure in several investment funds focused on the Caucasus region, managing significant assets and directing investments across various sectors. His business activities have extended beyond Georgia, involving international partnerships and projects.
A significant portion of Rukhadze's career was dedicated to Caucasus Advisors, LLC, an investment firm where he served as CEO. He managed the Caucasus Fund, LLC, a $100 million fund operating in Georgia, Azerbaijan, and Armenia. Simultaneously, he held the position of director at AEGIS, the management company for Commonwealth Property Investors, LLC, a prominent US-Russian real estate investment firm. This period marked his deep involvement in real estate investment and development across different regions.
Rukhadze's business interests also encompass the media sector. He is the owner of the pro-government media outlet TV Imedi, a prominent television channel in Georgia. This ownership has placed him within the political landscape of the country, with his media outlet's editorial stance aligning with the ruling Georgian Dream party. This connection has drawn scrutiny and criticism from opposition groups and international observers. In late 2024, Rukhadze has voiced criticism of some of the Georgian Dream party's policies.
In addition to his primary business ventures, Rukhadze has been associated with various other companies and investment initiatives. He was a founding partner of Hunnewell Partners, an asset management firm with a diverse portfolio including companies like Magticom, Rustavi Metallurgical Plant, Heidelberg Cement, IDS-Borjomi and Liberty Bank. Liberty Bank's lending practices have also been the subject of international attention.
Over the years, Rukhadze has been involved in a number of court cases. In 2023, a London court ordered him and his associates to pay $170m to the plaintiffs of a case that had been brought against him.
References
- ^ "Irakli Rukhadze". www.libertybank.ge. Retrieved 12 January 2025.
- "Congress calls for Trump administration to enact more sanctions against Ivanishvili's 'enablers', media reports". OC Media. 10 January 2025. Retrieved 12 January 2025.
- "Imedi TV Owner Skewers GD, Kobakhidze". Civil Georgia. 25 December 2024. Retrieved 12 January 2025.
- Neal, Will (11 October 2024). "Loans for scares In Georgia, a news network's propagandistic turn and an alleged loansharking scheme lead back to the same London-based firm". Meduza. Retrieved 12 January 2025.
- "The English Court Ordered Irakli Rukhadze and His Partners to Pay $170 Million in Compensation • Forbes Georgia". Forbes Georgia. 31 March 2023. Retrieved 12 January 2025.