Sergei Pugachev's income source is mostly from being a successful . [3], His paternal grandfather was Fyodor Kuzmich Pugachev (1892 25 June 1942), an officer of the Tsarist army who fought in the First World War as staff Officer of the 4th Nesvizhsky Grenadier Regiment of Field Marshal Prince Barclay de Tolly. Pugachev was a major shareholder in Baltiyskiy Zavod. In addition to its financing obligations, Pugachev's company transferred 1.5 billion rubles to the Ministry of Defence. In 2009, work was started on the frigate "Fleet Admiral Kasatonov" for project 22350. Altushkin used these events as an excuse for violating his obligation to pay for EPC shares. . [59] Under increasing pressure from President Putin, the Central Bank applied to the Moscow arbitration court for transfer of the shipyards into a trust. On 22 September 2015, the Hague International tribunal officially registered the complaint of Pugachev against the Russian Federation for US$12billion. According to media information, Pugachev traveled to London to discuss the shipyards with Lesin, but the meeting never took place. The character based on Pugachev was played by Gregory Hlady. Please, Sergei Pugachev with his partner Alexandra Tolstoy and, right, Alexander and Evgeny Lebedev, PASCAL CHEVALLI; NICK HARVEY/SHUTTERSTOCK. "Anyone and anything can be bought.". A key figure in this process was Deputy Prime Minister Igor Sechin, known to many as the organiser of Yukos' destruction. What is the couple's net worth? Pugachev established one of the first cooperative banks in the USSR, the Northern Commercial Bank. Senior Solutions Architect. There are revelations from Putin's inner circle at the . Summary of matters at issue. In December 1998, the IIB increased its authorised capital to 10 billion rubles. This is the first of a series of similar ships to be put into service of the navy after the collapse of the USSR. The Morning News", " ", " ", " ", " 5,5 - ", " "" ", " " " 41 ", " The Moscow Post", " ", " 31 2013 . 41-44447/2012:: .", ". In 2015 [] Pugachev obtained the right to ownership of the residential part (about 40 thousand square metres) on Red Square after completion of construction, and 2 hectares of land, as well as a concession for the "Kremlin" hotel management operation in the perimeter building at the same address. He is a doctor of technical sciences and a member of the International Engineering Academy as well as the author of three monographs and 40 research papers. In 2000, the Government announced a project for restructuring certain historical buildings, adjacent to Red Square in Moscow. In the Soviet era, he held command positions in the Red Army. In November 2000, he was elected to the board of Russian Union of Industrialists and Entrepreneurs (RSPP). Consequently, charges mainly came in the form of guided statements of the owner of the IIB D. Henderson Stewart and former director Alexandr Didenko, who cooperated with the investigation. 2003 Acquisition of a controlling share in "North-Western Shipping". Pugachev fulfilled all the STR obligations from his own resources. In 1991, S.V. It invested in them and then resold them. He once owned two shipyards, the world's largest mine, and significant real estate across . According to official data, he was awarded Doctor of Technical Sciences. He became a member of the inner circle of Boris Yeltsin, and was one of the leaders of his campaign staff in 1996. According to data from the Accounting Chamber, the money allocated by Pugachev for construction to the military services of the Ministry of Defence for the most part was taken. Pugachev borrowed 5500 roubles from his colleague Egorov, promising to buy a new car. The Russian Government later gave permission for construction of a railway, needed for movement of coking coal from the deposit.[62]. RF Rosimuschestvo concluded an agreement on organisation of trade with sale of shipbuilding assets to "Camelot" LLC. In 2011, the government intervened in the deal. Consequently, trading was carried out by one-day firms, registered to a natural person registered in the Ivanovo region, by analogy with the sale of Yukos assets by the Baikal Finance Group. In December 1998, the IIB increased its authorised capital to 10 billion rubles. Expropriation of Russian shares started in 2010, leading Pugachev to decide to sell EPC. In the Soviet era, he held command positions in the Red Army. The Central Bank issued a mandate to Nomura to negotiate a settlement agreement. Pugachev served until 4 January 2011. In January 2002, Pugachev resigned from IIB's board of directors. Sergei Viktorovich Pugachev, also spelled Sergey Pugachyov, (French: Sergue Pougatchev, Russian: ; born 4 February 1963) is a Russian-born French business magnate. [94], Pugachev has two sons from his previous marriage to Galina Arkhipova. In October 2013, the Moscow Court of Arbitration the company STR into bankruptcy. Pugachev moved to the United States in 1994. He has major real estate development projects in the United States, France, Luxembourg, Russia and the United Kingdom. On 11 October 2017, the London High Court ruled that Pugachev's trusts are "shams". The analysts called this deal the "breakthrough of Russian capital into the world market" and compared it with the purchase of the Chelsea football club by Roman Abramovich in 2003. He was Commissar of 60 guards 20 guards in the rifle division. Sergej Viktorovi Pugav. The Countess & The Russian Billionaire, a documentary about Pugachev and his . Want to more about Him? We talked about this. [55], In November 2009, Putin invited Pugachev for a personal meeting. Egorov saw neither the car, nor the money. The Russian Federation did not enter Pugachev on the Interpol wanted list. Between 2006 and 2009, the shipyards built 2 saturated ship hulls for project VS 470 PSV for Norwegian company Skipper II AS and highly saturated ship hulls for supply off offshore oil platforms of project VS 485 PSV for Norwegian Solvic Hull Supplies AS. Pugachev had been due to give evidence via video link but . Given its positions on the board and senior management positions, the company was already under the control of Baisarov and Altushkin. In 2009, in consultation with Putin and Medvedev, the VTB Chairman Kostin proposed early payment of the loan for the land, under mortgage to VTB, with the market value of the 1162 hectares estimated at more than US$4billion. Sergei Pugachev, who led the campaign that brought Putin to power, stresses that "it is clear that the Russian president is not in his best state." . In 2018, a London court ruled to sell the banker's property. Pugachev engaged the New York legal firm King & Spalding to contest the claim. At the start of the 2000s, Pugachev gained a reputation in the Russian mass media for allegedly having introduced Russia's new president Vladimir Putin to the governor of the Sretensky Monastery in central Moscow, Archimandrite Tikhon Shevkunov, with whom Pugachev had been in close relationship as a major sponsor of the monastery. . Sergei Pugachev once owned two major shipyards, the world's biggest mine and large chunks of real estate in Moscow and St Petersburg, as well as the Mezhprombank, which he co-founded in the 1990s. IIB was originally formed as a "venture investment fund". Optic-Trade claimed that it had not been informed about the court proceedings and was unable to state its defence of the expiry of the limitation period. French authorities later investigated attempted murder within the framework of international orders. Life with Russian oligarch Sergei Pugachev was 'unhappy', 'frightening' and 'exhausting', says Tolstoy ahead of BBC documentary By Anita Singh, Arts and Entertainment Editor 31 March 2020 6:00am In October 2000, he defended the dissertation "Development of information technology for management of financial resources of credit organizations". 2003 Acquisition of land assets in the region of Rublevo-Uspensk highway in the greater Moscow area. At this time, parts of the shipyards were restructured. . In addition to its financing obligations, Pugachev's company transferred 1.5 billion rubles to the Ministry of Defence. [27] Pugachev stated that he, Yeltsin's daughter Tatiana Dyachenko and her future husband, Valentin Yumashev Pugachev, were part of a tiny group that decided upon Vladimir Putin as the successor to Yeltsin which Pugachev stated was a "tragedy for Russia". [44] In 2008, the Russian Federation Federal Service for Defence Orders made the plant the sole supplier of ships in the classes of "corvette", "frigate" and "Comms Boat". In April 2011, at Severnaya Verf, the third of the "Boikiy" Corvettes was launched, as part of the series of Russian Corvettes of project 20380.[53]. Pugachev claimed to have defended 2 dissertations, including "Methods and investment policy of the management model of the bank" at the Russian Academy of Sciences. [20], Pugachev was a source for Catherine Belton's 2020 book Putin's People. The government developed a plan for acquisition by the RF of the shipyard shares. 2011 Sale of the company "Tretiy kanal" to structures of AFK ". Shortly after filing a lawsuit in a Moscow court, the Deposit Insurance Agency submitted an application to the High Court in London with a claim for interim measures in support of the Moscow claim. In April 2016, Pugachev's lawyer Karinna Moskalenko filed a complaint with the European Court of Human Rights concerning the facts of violations committed with consideration in Russia of a civil claim for subsidiary responsibility. 1999 Creation of the Yenisei Industrial Company JSC. Former Yukos leaders were confident that, mainly under Sechin's authority in June 2003, an ideological justification was produced for the Yukos affair in response to the supposed seizure of state power by the Khodorkovsky group. In December 1995, he was a candidate for deputy of the Duma on the Federal list of the electoral union of the Party of Russian Unity and Accord with approval of Sergey Shakhray. In 2008, the Russian Federation Federal Service for Defence Orders made the plant the sole supplier of ships in the classes of "corvette", "frigate" and "Comms Boat". Baltiyskiy Zavod was part of the Pugachev-controlled United Industrial Corporation (OPK). He retired as Deputy Chief of the department of general tactics and operational art of the Military Academy. Alexandra Tolstoy was together with Sergei Pugachev for eight years during which she got a front-row look at Putin's reign. As a senator, Pugachev transferred his assets to the control of the JSC United Industrial Corporation. In October 1998, Mikhail Zadornov included Pugachev in the Russian delegation to the annual session of the IMF and the World Bank. [17] Pugachev violated the order and returned to France. This page was last edited on 19 February 2023, at 15:03. Under OPK control, assets were held in various sectors of the Russian economy. In 2009, the boat "Serafim Sarovsky" was built, as a continuation of the series of communications boats. In 1993, he sold his share. [77], As a result of the anti-corruption fund of Aleksei Navalny, the owners of the land became entities controlled by the family of the General Prosecutor of the RF Chaika. On 26 December 2001, he was approved as the representative of the Tuvan government in the Federation Council of the Russian Federation. His father, Viktor Fyodorovich Pugachev (29 May 1930 2010), was a student in first class of the Kiev Suvorov Military School. 2006: A medal of the Ministry of Defence for merit in the air force. He held command positions in the Red Army. He has major real estate development projects in the United States, France, Luxembourg, Russia and the United Kingdom. [35] According to the Jones Day report, from 2002 the owner of the bank was D. Henderson-Stewart. In August 2009, it became public that Pugachev had purchased an American pharmaceutical company, the Biopure Corporation, the stock exchange value of which reached 3.5 billion US dollars. In 2004, Putin asked Pugachev to provide the Ministry of Defence with 1.5 billion rubles for construction of housing for military service personnel. . The remainder was for inclusion in the 2010 budget. In 1995, a scandal broke out concerning the IIB established by Pugachev, which had issued Eurocards for Yeltsin and members of his family. [98][99] Pugachev has five grandchildren. [61] According to media information, Pugachev traveled to London to discuss the shipyards with Lesin, but the meeting never took place. 2002 Acquisition of a holding of "New programmes and concepts" (established in 1998) based at Severnaya Verf, the North-Western Shipping Company and certain assets in the defence industry (Kovrov mechanical plant, OKB "Sukhoy" etc.). From 2010 to 2014, the Senator's Russian assets were successively expropriated, after which he was subject to political persecution. At the start of the 2000s, he consolidated under the management of the United Industrial Corporation. At 59 years old, Sergei Pugachev height not available right now. Investigation was taken on by the Counter Terrorism Command, SO15, and Pugachev and his family were provided with government protection. He started the Luxe TV channel project, broadcasting in various languages in 20 countries. The Belfast is owned personally by the Queen, whose nephew, David Linley, was Pugachev's business partner. On 24 December 2001, he was elected Senator of the Russian Federation.[31]. At the end of 2014, the Russian Interpol bureau posted a "wanted" notice for Pugachev. Exclusive: Former billionaire gives first interview since fleeing Britain about alleged death threats, being on the run and the man he helped get elected", " , . Sergey Brin is an entrepreneur and computer scientist that co-founded the multi-billion dollar search engine called Google. Autumn 2003 Acquisition of a minority share in Perm KB ", Autumn 2003 Acquisition of a minority stake in the Perm Engine Company, 2004 Creation of the United Industrial Corporation JSC, 2004 Sale of the White Nights and Aki Otyr companies to Rosneft structures, 2005 Acquisition of a controlling stake in the Severnaya Verf Shipbuilding plant JSC, 2005 Acquisition of a controlling stake in the Baltiyskiy Zavod JSC, 2005 Acquisition of the Central Design Bureau of "Iceberg", 2006 Acquisition of the French television channel. @Sergei_Pugachev Jun 6, 2022 , 100 , Ouest-France. After a 35-year hiatus, construction was resumed on a series of diesel-electric icebreakers"St. Petersburg" and "Moscow" and nuclear-powered icebreaker "50 years of Victory". In September 2008, the JSC "Baltiyskiy Zavod" completed tests of uninhabited deep-water equipment. In June 2014, the Russian Federation appealed in the London High Court concerning interim measures in support of a subsidiary civil suit in the Moscow arbitration court. 2006 United Industrial Corporation (OPK) and the Shanghai Overseas Investment Joint Stock Company (Shanghai Overseas United Investment Co. Ltd) signed a letter of intent, suggesting joint implementation of a project for complex development and construction of the land area of 56 hectares in St. Petersburg ("Vasilyevsky Island" project). On 14 September 2016, the Moscow Court of Arbitration considered the application for liquidation of the Trade and Development Board. We have estimated Sergei Pugachev's net worth, money, salary, income, and assets. Pugachev called this deal a "criminal act". Pugachev agreed to concede the project, at market price. Vladimir Putin's net worth. He owned a coal mine, shipyards, designer brands and even one of Russia's largest private banks. Altushkin confirmed to Pugachev that Putin agreed the deal. At the start of the 2000s, Pugachev had the reputation of the most influential agent of orthodox ideas in Putin's entourage. $1 Million - $5 Million. Pugachev was once known as "Putin's banker" but left the Kremlin in 2011, according to The Guardian. Altushkin refused to make payments for the agreement he signed with Pugachev due to the Russian Federation's expropriation. Pugachev violated the order and returned to France. In 1992, he and Sergey Veremeenko organised the International Industrial Bank. According to UK law enforcement bodies, the Russian government illegally surveilled Pugachev and his family in England via private detectives. The unique underwater vessel built for a customer in Russia, was capable of diving to depths of up to 10 thousand metres. American company Gerald Metals, representing Altushkin's interests, valued the company at more than 5 billion dollars. [84], On 22 September 2015, the Hague International tribunal officially registered the complaint of Pugachev against the Russian Federation for US$12billion. Real Time Net Worth. The government developed a plan for acquisition by the RF of the shipyard shares. In the London courts, no independent claims were made against Pugachev. Discover Sergei Pugachev's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. One of its projects was the construction of the "Russia" yachts for President Putin. [citation needed] Other sources found Pugachev's three diplomas and other facts of his biography to be fraudulent.[6][7]. Mr Pugachev was involved in Russian politics and was elected as a Senator of the Russian Federation in 2001. In 2009, the Administration terminated the contract and transferred the matter to the Federal Guard Service. A year later, shareholders invested another 15 billion rubles, raising its authorised capital to 25 billion rubles, just under $1 billion. The search engine, founded in 1998 by Sergey and Larry Page, was created with the intention of making . Last year, Hermitage Capital Management CEO Bill Browder told the Senate Judiciary Committee that he believes the Russian president is "the richest man in the world" with a net worth of $200 . His net worth has been growing significantly in 2021-2022. The court delivered an unprecedented decision allowing the transfer of the shares into Central Bank trust management without the owner's consent.[60]. The Government's assessment of contracts for future periods was not included. In 2009, work was started on the frigate "Fleet Admiral Kasatonov" for project 22350. Salary in 2020. In December 2013, the Russian government filed a claim about Pugachev's accountability for subsidiary responsibility in the Moscow Court of Arbitration. It became a principal member of Visa International and MasterCard Worldwide, operating its own processing centre. "Any attempt to calculate his net worth won't succeed," says exiled Russian banker Sergei Pugachev. The licence for development of the Tuvan Elegest deposit was transferred to the Tuvan Energy Industrial Corporation, registered to Baisarov.[66]. 2008: Commendation of the chairman of the Russian Council of Federation of the Federal Assembly "For his contribution to the improvement of legislation and development of parliament in the Russian Federation". Mr Pugachev's assets were expropriated by the Russian Federation during the period 2012-2014. At the start of the 1990s, Pugachev became an adviser to Russian leaders. In August 2008, Finance Minister Kudrin informed Pugachev that Putin wanted to take on the project to build a five-star hotel and residential complex on 5 Red Square. In 1992, he became one of the co-founders of the JSC "International Industrial Bank" (Pugachev owned 25%), which was one of the first to licensed to perform foreign exchange operations. as of 2/27 . In civil shipbuilding, orders were made for vessels for oil platform supply. According to Pugachev, his connections with America played a crucial role in Yeltsin's 1996 re-election, which was opposed by the communists. 2002 Creation of the company "Russian coal". As of March 2023, Sergey Brin's net worth is approximately $96 Billion, and he is one of the world's richest people. In 2009, the Administration terminated the contract and transferred the matter to the Federal Guard Service. Pugachev is a member of the Russian Academy of Engineering (successor to the USSR Academy of Engineering) and engaged in "active work on the connection between science and production". On 4 September 2012, Baisarov asked to find a way to cancel the licence of the EPC JSC. In 2008, he bought from the nephew of Queen Elizabeth II Lord David Linley, half of the company David Linley Holdings Limited, specialising in design of yachts, interiors and furniture. News of the trial was made public for the first time by the Swiss newspaper, Tribune de Genve, on Saturday. The BBC claims Sergei made a whopping $15bn in post-communist Russia. $200 per post at $10/CPM. Pugachev wrote three monographs and authored more than forty research papers. According to the Federal Tax Service of the Russian Federation, "Camelot" LLC is registered at a mass registration address in Ivanov. By 2011, Pugachev was under investigation by the Russian government for embezzling loans from the government to Mezhprombank. In December 2008, Pugachev presented a unique collection of Scythian gold. 1.5 billion dollars from the EPC budget, allocated for the infrastructure project, was transferred to Russian Railways (Yakunin). There are approximately 10,000 officials in Russia working for Putin who are given instructions to kill, torture, kidnap, extort money from people, and seize their property." It alleges that he siphoned off hundreds of millions of dollars from loans given by Russia's central bank at the height of the 2008 financial . In July 1918, as the Commander of the 1st Don Soviet Infantry Division, he led the fighting against the troops of General Krasnovo on the northern side of the Tsaritsyn Front. [27][28] He ran Yeltsin's re-election campaign during what Pugachev calls "Russia's last free election". The Countess And The Russian Billionaire: Meet Sergei Pugachev, a Russian oligarch, and his British partner Countess Alexandra Tolstoy, in one of two new @BBCTwo commissions exploring the hidden . Sergei Pugachevs income source is mostly from being a successful . This deal was agreed with Putin. Also, in Russia, Mr Pugachev was charged in absentia under Art. The Russian government was not interested in whether the sale had a transparent structure, which would entail financing the acquisition with funds from the Federal budget, which would require approval by the Russian Parliament. After a meeting with Putin, Pugachev understood that the restructuring would have to be interrupted. In October 2010, the lead frigate whose construction started in 2006 for project 22350 "Soviet Union Fleet-Admiral Gorshkov" was launched. 2002 Acquisition of the oil company "White Nights" LLC from the Croatian state oil company INA. Investigation was taken on by the Counter Terrorism Command, SO15, and Pugachev and his family were provided with government protection. Russian authorities expropriate the shipyard. Pugachev presented a memorandum about the recovery of the Russian banking system. In 2012, in a letter from Putin's inauguration. Baltiyskiy Zavod built the Mistral-class ships, with the value of the deal amounting to 1.5 billion euros. By 2010, multiple attempts had been made on his life, injuring several security personnel. Russian government officials discussed several acquisition options through the RF budget (Federal property agency Rosmuschestvo), or VEB (state corporation Vneshekonombank). Allegedly, Pugachev's investment in foreign assets was the source of conflict with Putin. Linley's company became famous for designing the ninth largest yacht in the world, Lady Moura (for Saudi Prince Araviy Al-Rashid), and the interiors of the hotel Claridges in London. In April 2016, Pugachev's lawyer Karinna Moskalenko filed a complaint with the European Court of Human Rights concerning the facts of violations committed with consideration in Russia of a civil claim for subsidiary responsibility. Stanislav Belkovsky, a Russian political analyst and Putin critic, estimated that Putin had a net worth of $70 billion in 2012 for The Bureau of Investigative Journalism, based on claims that the . Altushkin used these events as an excuse for violating his obligation to pay for EPC shares. Illustration by lvaro Bernis. According to information from Central Bank Vice-president Shevtsov, at the time of the expropriation the head of Nomura visited the Kremlin and met with President Medvedev regarding the issue of the placement of Central Bank foreign reserves with Nomura. In his 30s, he was arrested. The lead boat "Buverestnik" served as part of LenVMB. He introduced Putin to his spiritual father, the governor of the Moscow Sretensky Monastery, Archimandrite Tikhon (Shevkunov), and other senior clerical figures. Under this deal, Pugachev received 2.4 billion US dollars and part of the profits from the company's development over the next 6 years. [38], Baltiyskiy Zavod built the Mistral-class ships, with the value of the deal amounting to 1.5 billion euros. 2008 Acquisition of the investment company Design Capital. 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