Billionaire Alisher Usmanov's investment in Alibaba has soared more than 500 percent since he invested in the group, he told CNBC, adding that he has not sold any of his stake in the Chinese e-commerce giant.
Usmanov's holding in Alibaba is not public and the tech investor, Russia's richest man worth $18.5 billion according to Forbes' ranking of billionaires, declined to comment on how much money he made from the investment.
But asked what the percentage upside of his investment in the group was, Usmanov said there was no modest way to describe it. "I think more than 500 percent," he said.
The initial public offering (IPO) of Alibaba in September was the biggest in history. The group raised $25 billion in its IPO and shares surged 38 percent on their market debut.