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. 2002 Acquisition of shares in about 60 machine plant companies. In December 2008, Pugachev presented a unique collection of Scythian gold. Kudrin and Zubkov have been asked to testify in relation to plans from the early 2000s to build an elite hotel on Red Square. The search engine, founded in 1998 by Sergey and Larry Page, was created with the intention of making . He was awarded Commander of the order of Red Star and held command positions in airborne troops. In 2011, at his request, criminal proceedings were instituted in France concerning extortion and threats from the senior staff of DIA. Russian government officials discussed several acquisition options through the RF budget (Federal property agency Rosmuschestvo), or VEB (state corporation Vneshekonombank). Registered office: 1 London Bridge Street, SE1 9GF. 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." . [83], At the end of 2014, the Russian Interpol bureau posted a "wanted" notice for Pugachev. The home is on sale after an earlier court ruling that it and other of Mr Pugachev's assets, including another London mansion worth nearly 10 million, should be returned to state creditors in . [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". In 1993, he sold his share. Despite living in the UK, Pugachev was not free from legal battles, as the Russian government used the London courts to pursue money it claimed. Sergei Viktorovich Pugachev, also spelled Sergey Pugachyov, (French: Sergue Pougatchev, Russian: ; born 4 February 1963) is a Russian-born French business magnate. Optic-Trade filed its own appeal claiming that it was not given the opportunity to take part in the proceedings, but the appeal was dismissed. At an auction in Monaco, part of the "Gagarin" series were sold for 360,000 euros. [81], In 2000, Pugachev organised production of one of the most expensive watches of the BLU brand, together with watches of Laderrer. Senior Solutions Architect. In his 30s, he was arrested. [94] In June 2015, despite a court order to stay in Britain, Pugachev fled the country and turned up in Nice, France. [40], In November 2008, the Baltiyskiy Zavod JSC concluded an agreement with the "Atomenergoprom" JSC for production of two sets of devices for detection of core melt, intended for the first and second blocks forming the Leningrad Nuclear Power Plant (LAES-2). Most other credit organisations rarely reached that level. In 1992, he organised the International Industrial Bank. Pugachev became a French citizen in 2009. In 2010, the shipyard produced new masts for British military cruiser "HMS Belfast", which participated in delivery of goods to the USSR during the Second World War and performed a thorough reconstruction of the ship. Pugachev established one of the first cooperative banks in the USSR, the Northern Commercial Bank. However, on 4 January 2011, under pressure from Putin, Pugachev was forced to resign as a senator, ostensibly because of his having obtained French citizenship. On 22 December, Mrs. Justice Rose sentenced him to two years imprisonment for contempt of court. On 22 September 2015, the Hague International tribunal officially registered the complaint of Pugachev against the Russian Federation for US$12billion. Serge Pugachev, French citizen ( he renounced his Russian citizenship in 2012) is an international investor, a public person and a politician, founder of the United Industrial Corporation Russia's largest private investment company, with assets worth 15 billion dollars. 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 the process of exploration and experimental production, the largest coking coal deposit in the world was developed. Pugachev was born into a military family. Sergei Pugachev is a None who was born on February 04, 1963 in Russia. Baltiyskiy Zavod built the Mistral-class ships, with the value of the deal amounting to 1.5 billion euros. On 6 October 2011, Sechin's successor Vladimir Lisin was appointed chairman of OSK's board of directors. He made it clear that Pugachev should agree to the sale. On 11 October 2017, the London High Court ruled that Pugachev's trusts are "shams". 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. Pugachev wrote three monographs and authored more than forty research papers. [78], From the start of the 2000s, Pugachev began acquiring assets outside of Russia. In May 2008, in an interview, in The Sunday Times, Mikhail Khodorkovsky accused "former KGB officer" Sechin of organising both the first and second criminal cases against him: the first for "greed" and the second for "cowardice". Next door was the Mandarin Oriental, a palatial hotel where two years before Igor Sechin, by then renowned as the hard man of the Kremlin, had delivered his first speech to global investors on the eve of Rosnefts latest incursion into Russias oil sector. 1996: Commendation of the president of the Russian Federation B. N. Yeltsin "For a major contribution to the development of Russian democracy, creative and proactive participation in preparation and carrying out of a campaign for the national elections of the President of the Russian Federation in 1996". Pugachev fulfilled all the STR obligations from his own resources. In 2004, the company signed an investment agreement for an ambitious project for reconstruction and development of the Middle Trading Rows in Red Square. We recommend you to check the complete list of Famous People born on 4 February. American director Roger Spottiswoode made a film based on these events in 2003, Spinning Boris. In 1993, he sold his share. The licence for development of the Tuvan Elegest deposit was transferred to the Tuvan Energy Industrial Corporation, registered to Baisarov.[66]. [71] In March 2011, Pugachev's company the "Middle Trading Rows" LLC tried, through the court, to withdraw 41 billion, but the attempt was unsuccessful, filing a claim against the Ministry of Finance and demanding compensation for the abandonment of the project, and for expenditure on this development project.[72]. ", https://en.wikipedia.org/w/index.php?title=Sergei_Pugachev&oldid=1140319562, 1991 Pugachev established one of the first cooperative banks in the. There are revelations from Putin's inner circle at the . Allegedly, Pugachev's investment in foreign assets was the source of conflict with Putin. On 19 November 1941, he was appointed as commander of 22nd Separate Infantry Brigade as part of the second Shock Army of the Volkhov Front. In October 2010, the lead frigate whose construction started in 2006 for project 22350 "Soviet Union Fleet-Admiral Gorshkov" was launched. He became a member of the inner circle of Boris Yeltsin, and was one of the leaders of his campaign staff in 1996. The repair was implemented with Pugachev's personal funds, a budget amounting to 3 million pounds. Money was allocated, and as compensation an investment agreement was signed covering Pugachev's reconstruction and development of the Middle Trading Rows. Pugachev violated the order and returned to France. [35] According to the Jones Day report, from 2002 the owner of the bank was D. Henderson-Stewart. Altushkin refused to make payments for the agreement he signed with Pugachev due to the Russian Federation's expropriation. At that time the Leninsky Luch collective farm as a legal entity brought proceedings in the Moscow Court of Arbitration against the state farm and company Optic-Trade (land owner) with a request for recognition of the ownership rights of the collective farm for 167 plots. By 2018, Sergei was ranked number 605 in Forbes list of The World's Billionaires and given a net worth of 2 billion. Sergei Pugachev once estimated his business empire was worth $15bn Sergei Pugachev - a Russian tycoon once known as "Putin's banker" - has said he filed a $12bn (8bn) compensation claim against . Money was allocated, and as compensation an investment agreement was signed covering Pugachev's reconstruction and development of the Middle Trading Rows. and the Russian oligarch Sergei Pugachev, once worth 10bn and known as Putin's banker. After a meeting with Putin, Pugachev understood that the restructuring would have to be interrupted. 2011 Sale of the company "Tretiy kanal" to structures of AFK ". In 1993, he sold his share. The basis for withdrawal was the failure of EPC to fulfil its obligations, although EPC at that time was controlled by Altushkin and Baisarov. [94], Pugachev has two sons from his previous marriage to Galina Arkhipova. [20], Pugachev was a source for Catherine Belton's 2020 book Putin's People. , money, salary, income, and assets. At the end of the 1990s, Pugachev started to acquire shares in shipbuilding and engineering businesses in St. Petersburg, including Severnaya Verf Shipbuilding plant JSC, the Baltiyskiy Zavod JSC and the Iceberg Central Design Bureau. Vladimir Putin's net worth. [56] After the Decree of President Putin, approving the terms on 14 February 2005, Pugachev's company OPK Development initiated reconstruction with completion scheduled for 20092010. Kozhin also said that these conditions were accepted only by United Industrial Corporation (OPK), and became 100% owned by the project investor. This petition was rejected by the court due to the expiry of the validity period.[76]. 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. Also learn how He earned most of networth at the age of 57 years old? In 1992, he and Sergey Veremeenko organised the International Industrial Bank. Pugachev engaged the New York legal firm King & Spalding to contest the claim. [73], To implement the project, Pugachev's organizations borrowed US$1billion from VTB. Look at this quote from exiled Russian banker Sergei Pugachev, "Everything that belongs to the territory of the Russian Federation Putin considers to be his. He was Commissar of 60 guards 20 guards in the rifle division. 2008 Implementation of land assets for VTB structures. 1999 Creation of the Yenisei Industrial Company JSC. According to the Jones Day report, from 2002 the owner of the bank was D. Henderson-Stewart. "Camelot" LLC released its shipbuilding company assets to a value of 12,978,603 thousand rubles. [3] Pugachev and Alexandra are the subject of the documentary The Countess and the Russian Billionaire. [46], In September 2008, the JSC "Baltiyskiy Zavod" completed tests of uninhabited deep-water equipment. On 6 October 2011, Sechin's successor Vladimir Lisin was appointed chairman of OSK's board of directors. In December 2013, the Russian government filed a claim about Pugachev's accountability for subsidiary responsibility in the Moscow Court of Arbitration. We have estimated Sergei Pugachev's net worth, money, salary, income, and assets. 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. According to him, the Ministry of Defence had compensated Pugachev from its own funds. He became a member of the inner circle of Boris Yeltsin, and was one of the leaders of his campaign staff in 1996. In 2011, the government intervened in the deal. On 23 September 2014, Krug LLC was liquidated. 2003 Acquisition of land assets in the region of Rublevo-Uspensk highway in the greater Moscow area. In December 2008, Pugachev presented a unique collection of Scythian gold. The managing company and sole owner of "Camelot" LLC was LLC "Management and Business", the directors and the sole holder of the LLC "Management and Business" was Oleg Viktorovich Borobyev, who was head of 390 other Russian companies. Other sources found Pugachev's three diplomas and other facts of his biography to be fraudulent. On 24th February 2022, during a televised press address, Vladimir Putin declared a special military operation in Ukraine, launching a full-scale invasion of Ukraine with the aim of protecting its breakaway republics. IIB was originally formed as a "venture investment fund". In August 2010, OPK-Mining hired Credit Suisse to establish a list of potential buyers. The lead boat "Buverestnik" served as part of LenVMB. 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. On 28 December 2012, the Government withdrew the EPC licence that was valid until 2020. In 2000, the Government announced a project for restructuring certain historical buildings, adjacent to Red Square in Moscow. $140 per post at $7/CPM. [12] The investment commission of the Russian Federation financed infrastructure for this project in the amount of 1.5 billion dollars, a record investment in the development of a private company.[13]. 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 accordance with Putin's instructions, the responsibility for compensation was given to first vice-premier V. Zubkov. On 18 March 2014, The court found Krug LLC bankrupt. It is noteworthy that those present at this meeting included Miroshnikov, the Deputy Leader of the Deposit Insurance Agency and one of the main authors of the attack on Pugachev. The bank sought out troubled long-term assets. Pugachev invested significant resources in the acquisition of additional participation in Severnaya Verf, Baltiyskiy Zavod and acquired the "Iceberg" design bureau, engaged in the design of ships for construction in shipyards. Mr Pugachev's assets were expropriated by the Russian Federation during the period 2012-2014. In 2020, Alexandra was evicted from her home after the Russian government claimed it against debts owed by her ex-husband, oligarch Sergei Pugachev. According to Pugachev, his connections with America played a crucial role in Yeltsin's 1996 re-election, which was opposed by the communists. After a detailed inspection by the French Ministry of Defence, Pugachev's Baltiyskiy Zavod, part of the Pugachev-controlled United Industrial Corporation (OPK) was selected to construct Mistral class helicopter carriers for use in the Russian Navy, The agreement was signed on 25 January 2011. (. In November 2010, Baltiyskiy Zavod signed a contract for construction of four tankers. He retired as Deputy Chief of the department of general tactics and operational art of the Military Academy. From November 2000 to January 2003, he was vice president of the RSPP. On 24 December 2001, he was elected Senator of the Russian Federation.[31]. The vast net worth of these cronies, who hide their wealth in offshore tax havens, suggests that Putin is far more richer than he is letting on. Pugachev engaged a team of American political consultants and PR managers headed by George Gorton. According to UK law enforcement bodies, the Russian government illegally surveilled Pugachev and his family in England via private detectives. As Putin insisted in 2007, Al-Waleed bin Talal was approved for management of the hotel complex by Raffles. The boat "Albatross" was transferred to the hydrographic service of the Caspian flotilla. In 2012, he notified Russian authorities about the preparation of the claim in the International tribunal in The Hague. How did a poor boy from a tiny flat in St Petersburg become one of the world's most powerful leaders? Nomura's source reported that the Central Bank used them as a cover to expropriate the assets. The bank became one of Russia's 10 largest banks and was the largest credit institution in terms of capital (175billion rubles). However, there are clues as to how much he might be worth. The character based on Pugachev was played by Gregory Hlady. RF Rosimuschestvo concluded an agreement on organisation of trade with sale of shipbuilding assets to "Camelot" LLC. 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. 18 March 2022 1 min read Interviews. He held command positions in the Red Army. During the meeting, Putin told him that the RF wished to acquire Pugachev's share in the shipyards. He served his sentence at the construction sites of the Yaroslavl region. Pugachev borrowed 5500 roubles from his colleague Egorov, promising to buy a new car. He is a member of famous with the age 59 years old group. Registered office: 1 London Bridge Street, SE1 9GF. Vladimir Putin is believed to hold billions of dollars in wealth. as of 2/27 . According to Forbes, Abramovich is the 142nd wealthiest person on the planet. This deal was agreed with Putin. For this purpose, a state enterprise was created under the name "Kremlevsky", with the rights to manage these buildings. If you are the site owner and are finished 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. 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 2009, the boat "Serafim Sarovsky" was built, as a continuation of the series of communications boats. Pugachev transferred the main capacity to the Severnaya Verf site and started implementation of the largest development project in St. Petersburg with development of 70 hectares in the centre of the city on Vasilevsky Island. The ship is intended for research purposes. The BBC claims he made a whopping $15bn fortune in post . Salary in 2020. Baltiyskiy Zavod was part of the Pugachev-controlled United Industrial Corporation (OPK). In 2000, Yenisei obtained a licence for exploration and production of coal at the Elegest deposit. [39] 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".[40][41][42][43]. His candidacy was supported by 80% of Tuvan deputies. The court delivered an unprecedented decision allowing the transfer of the shares into Central Bank trust management without the owner's consent. [8][9] Between 1983 and 1991, Pugachev did not work in the Krasnogvardeysky branch of Stroibank of the USSR,[10] as stated in his employment record book, since at the time he was imprisoned in Kresty Prison. BDO estimated these assets at $3.5 billion, while Nomura investment bank valued them at up to 4.2 billion rubles. Pugachev was an entrepreneur in the late 1980s. Before that he lived primarily in France and London. In October 2013, the Moscow Court of Arbitration the company STR into bankruptcy. Trade in expropriated assets was closed to the public (in violation of the legislation). Real Time Net Worth. On 21 September 2015, a Hague International tribunal logged Pugachev's claim (as a French citizen) against the Russian Federation concerning the expropriation of his assets for a sum of US$12 billion. . In the judgement, the Judge mentioned that Pugachev had good reason to believe that his life was under threat from Russian agents. Pugachev moved to the United States in 1994. [27][28] He ran Yeltsin's re-election campaign during what Pugachev calls "Russia's last free election". The BBC claims Sergei made a whopping $15bn in post-communist Russia. Pugachev's French lawyers complained to the Central Interpol Bureau and he was excluded from the investigation base over concerns about the political motivation of statements from the Russian side. Consigning three quarters of the contents to be auctioned at Christie's she set about finding somewhere to rent - read the story of her new home in the June 2021 issue of House & Garden. He was awarded Cavalier of the order of the Red banner. Sergei Pugachev, a Kremlin insider until he left Russia in 2011, pointed out that these tycoons were still careful in their public comments not to directly criticize Putin for going to war. But I'm taking it from the man himself here. Sergey Brin is an entrepreneur and computer scientist that co-founded the multi-billion dollar search engine called Google. This is the first of a series of similar ships to be put into service of the navy after the collapse of the USSR. Birss J noted that Mr Pugachev "initially found favour with the ruling regime and assisted . In May, Scotland Yard personnel found explosive devices under Pugachev's car. In October 1998, Mikhail Zadornov included Pugachev in the Russian delegation to the annual session of the IMF and the World Bank. Initially, the Government compensated Pugachev for the Middle Trading Rows, and included it in the amendments to the Law "On the Federal Budget for 2009" of 28 April 2009. On 30 October 2013, Krug LLC liquidated. [45], In 2005, Pugachev entities acquired a controlling share in Baltiyskiy Zavod. In 1992, he and Sergey Veremeenko founded JSC "International Industrial Bank" (Pugachev owned 25%), which was one of the first to licensed to perform foreign exchange operations.[34]. The government developed a plan for acquisition by the RF of the shipyard shares. [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. Putin warned Pugachev not to sell to foreign firms. Altushkin confirmed to Pugachev that Putin agreed the deal. It became a principal member of Visa International and MasterCard Worldwide, operating its own processing centre. @Sergei_Pugachev Jun 6, 2022 , 100 , Ouest-France. [98][99] Pugachev has five grandchildren. [27][28] Pugachev said that Putin only wanted to be in power 3 or 4 years and said, "Putin wanted to get rich, too. The government developed a plan for acquisition by the RF of the shipyard shares. [19] After dealing with the complaint of his French lawyers at Interpol Central Bureau, in October the Interpol commission found the request of the Russian Federation to be untenable due to political motivation, after which Pugachev was no longer wanted by Interpol. The bank became one of Russia's 10 largest banks and was the largest credit institution in terms of capital (175billion rubles). 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. Pugachev presented a memorandum about the recovery of the Russian banking system. In 2015 [] In 2000, Yenisei obtained a licence for exploration and production of coal at the Elegest deposit. Under pressure from the government, Pugachev consented to the sale. His father, Viktor Fyodorovich Pugachev (29 May 1930 2010), was a student in first class of the Kiev Suvorov Military School. Nightly room rates began at US$10 thousand.[69]. The Central Bank issued a mandate to Nomura to negotiate a settlement agreement. In November 2009, Putin invited Pugachev for a personal meeting.