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Bogoljub was born to Janićije Karić and Danica Kuzmanović. He earned a degree in Geography at the University of Pristina and his Master's Degree in economy at University of Niš. He married Milanka Babić and has four children. Nebojsa, Nadezda, Jelena and Danica Karic.
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The Karić family have owned manufacturing business in Eastern Europe since the 1960s. The population knows him simply as a mechanic from Kosovo without a degree. He opened a workshop, starting with small operations of under ten employees. From this, Karić grew his business empire into multibillion-dollar corporation, now known as the Astra Group.
The Astra (BK) Group is composed of the following industry sectors:
- manufacturing, civil engineering and constructing
- International wholesales export-import trading
- Telecommunications and electronic media (GSM and NMT mobile telephony, internet services, alphanumeric paging, BK Telecom TV station)
- Banking and finance
- Media which includes television, radio, magazines, newspapers and online
- Science and education Karić is the founder and owner of BK University.
- Charitable activities The BK Foundation funds humanitarian aid in Yugoslavia and other countries. It is focused on helping children, refugees and provides scholarships for disadvantaged and talented students. The activities of the Foundation are also centred on the promotion of cultural values.
In 1987 he established first private construction company in Moscow (ex USSR) which is nowadays one of the largest construction companies in Europe.
In 2002, Karić created the Association of Industrialists and Entrepreneurs of Yugoslavia, the first true association of private businessmen in Yugoslavia set up since World War II.
In 2006 he established another construction company named DANA HOLDINGS. Dana Holdings is a leading, fully integrated real estate, investment and development company of residential, industrial, commercial, educational and mixed-use projects as well as PPP investments in emerging markets. The company has successfully completed construction projects totaling millions of square meters for the Russian government, Moscow City Government, the Government of Yakutia, Kazakhstan, Uzbekistan, Tajikistan, Kyrgyzstan, Ukraine, Belarus, Moldova, Armenia, Azerbaijan, Georgia and other countries of the former Soviet Union. Value of the completed projects to date exceeds 5 billion Euros, while the volume of new projects is more than 6 million square meters.
Currently in Minsk, capital of Belarus, more than 5 000 000 sq.m. are being built by Dana Holdings. The most famous projects are: mixed-use complex “Minsk Lighthouse”, “Minsk World”, “Bella Vista – Park Cheluskintcev”, residential complexes “Vivaldi”, “Tchaikovsky” and “Rachmaninoff”.
The “Minks Lighthouse” 1 000,000 sqm in development and will be completed in 2017 “Vivaldi” 156,000 sqm in development and will be completed in 2015 “Bella Vista” 300,000 sqm started in 2014 and will be completed in 2019 “Tchaikovsky” 60,000 sqm started in 2013 and has been completed in 2015 “Mozart” 3,080 sqm has been completed in 2009 “Beethoven” 9,221 sqm has been completed in 2011 “Chopin” 6,338 sqm has been completed in 2011 The “MINSK WORLD” 3 000 000 sqm the biggest project to date will be starting soon and will be completed in 2028
Problems with the law
From 2006 up to 2016 he was also under investigation for money laundering and suspected for damaging the budget of the Republic of Serbia by 21.980.551,98 US Dollars at which time he moved to Russia. A warrant for his arrest was issued by the Serbian government and Interpol at the same time. In 2016 the investigation was dropped after the statute of limitations expired and the charges were no longer valid. He returned to Serbia on 30.12.2016. as a free man and has since resumed his usual activities.
Education and science work
He completed primary and high school in Pec, he graduated from the Faculty of Natural Sciences and Mathematics in Pristina, with the major in geography. He obtained his MA diploma from Faculty of Economics in Nis with thesis in Organization and development of medium-sized enterprises.
Karić wrote several research papers published in country and aboard. Many of these lectures are published in various magazines he owned. He is author of many books which focus on private business, finance, and financial management which were written by bachelor and master students at his own universities.
Karić ran for President of Serbia in the June 2004 Presidential Election, polling nearly 20% of the vote. His message was on the supremacy of economy over politics, the need to fundamentally transform Serbian society into a modern European democracy and revitalise its economy.
Karić subsequently formed and registered his political party Strength of Serbia Movement (SSM) which participated in the local elections of September 2004. At these elections, the SSM, although formed barely a month before the elections, had a surprisingly good showing, established itself firmly in the center of the democratic bloc of political forces in Serbia. Its representatives, in coalition with other democratic forces were part of many municipal councils (including that of the capital Belgrade), and it had several deputies and ministers in the Provincial Government of the Autonomous Province of Vojvodina.
As a new law on political parties became valid, Strength of Serbia Movement re-registered itself again in 2010 under the name Strength of Serbia Movement - BK. At that moment, SSM was in coalition with Tomislav Nikolic's party, forming an opposition bloc for the next elections.