Higgsfield co-founder Alex Mashrabov receives Kazakhstani citizenship

Alex Mashrabov, co-founder of Higgsfield, has obtained Kazakhstani citizenship. Higgsfield is valued at $5.4 billion, and Mashrabov is responsible for the company’s expansion into international markets. After receiving his passport, he called Kazakhstan his home and stated that he had become a part of this country.

Mashrabov’s father is originally from Uzbekistan; Mashrabov himself was a Russian citizen and built his career in the American tech industry. His first startup, AI Factory, was acquired by Snap, the owner of Snapchat, for $166 million. After the sale, Mashrabov headed Snap’s generative AI division.

In 2023, he co-founded Higgsfield with Erzat Dulat, a native of Kazakhstan. Dulat serves as Chief Technology Officer: a graduate of the Republican Physics and Mathematics School and an experienced engineer in the field of artificial intelligence, he developed the company’s initial concept and is responsible for developing and refining its AI tools. Mashrobov is responsible for bringing the product to international markets and transforming complex AI technologies into mass-market products that attract users and investment.

Mashrabov is not the first tech millionaire to obtain a Kazakhstani passport. Before him, Arsen Tomsky, the founder of inDrive, followed this path; he ranked 12th on the list of Kazakhstan’s wealthiest entrepreneurs with a fortune of $865 million.