2008: Commendation from the president of the Republic of Tyva Government for achievements and significant contribution to the socio-economic development of the Republic of Tyva, assistance in preservation and promotion of cultural and historical heritage as an "Honoured Worker of the. For this purpose, a state enterprise was created under the name "Kremlevsky", with the rights to manage these buildings. Munich Area, Germany. It became a principal member of Visa International and MasterCard Worldwide, operating its own processing centre. In May, Scotland Yard personnel found explosive devices under Pugachev's car. At the time of acquisition of the deposit, it was impossible to calculate whether the investment in EPC was profitable: geological surveys were needed that established that the coal deposit contained about a billion tonnes of high quality coking coal (the world's largest). A year later, shareholders invested another 15 billion rubles, raising its authorised capital to 25 billion rubles, just under $1 billion. This petition was rejected by the court due to the expiry of the validity period.[76]. At the end of the 1990s, he invested in the largest shipbuilding complex in Europe at the St. Petersburg shipbuilding base of Baltiyskiy Zavod and Severnaya Verf and in 60 engineering companies. As a senator, Pugachev transferred his assets to the control of the JSC United Industrial Corporation. Pugachev singled out the development of 1160 hectares of land on Rublevky, 70 hectares on Vasilevsky Island in St. Petersburg, the project "Red Square, 5" for construction of hotels and apartments, construction of a hotel in Sochi for the 2014 Olympics, the company Russia Coal, the oil companies Aki-Atyr and the "White Nights", and also the "Yenisei Industrial Company" (EPC), which owned the licence for development of the coal deposit in Tuva, the shipbuilding businesses Severnaya Verf, Baltiyskiy Zavod, the Central Design Bureau "Iceberg" and others. 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. On 24 December 2001, he was elected Senator of the Russian Federation.[31]. In 2000, Pugachev organised production of one of the most expensive watches of the BLU brand, together with watches of Laderrer. 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. In November 2000, he was elected to the board of Russian Union of Industrialists and Entrepreneurs (RSPP). In May 2013, "Camelot" LLC made the decision on accession to the Krug LLC and on 17 September 2013 joined this company. Trade in expropriated assets was closed to the public (in violation of the legislation). [46], In September 2008, the JSC "Baltiyskiy Zavod" completed tests of uninhabited deep-water equipment. He was the first commander of 21st Paratrooper brigade. Sergei Pugachev (2008-2015) Issue: Alexei Pugachev Ivan Pugachev Maria Pugachev: Father: Count Nikolai Tolstoy: . 2005: A medal "In memory of the 1000th anniversary of Kazan". Sergei Viktorovich Pugachev, also spelled Sergey Pugachyov, (French: Sergue Pougatchev, Russian: ; born 4 February 1963) is an ex-Russian investor and former member of Vladimir Putin's inner circle. However, on 4 January 2011, under pressure from Putin, Pugachev was forced to resign as a senator, ostensibly because Pugachev had obtained French citizenship. "He's the richest person in the world. According to Pugachev, his connections with America played a crucial role in Yeltsin's 1996 re-election, which was opposed by the communists. 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. "There wasn't a person in Russia who didn't know him," said Sergei Pugachev, an exiled Russian tycoon once close to Putin, who represented Tuva in Russia's upper chamber of parliament . 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. In September 2011, at Baltiyskiy Zavod, the lead ship of the series of four self-propelled oil tankers was launched, for project 2734, constructed for the "Baltic Fuel Company" (BTK). The BBC claims he made a whopping $15bn fortune in post-communist Russia. We talked about this. She met and befriended the billionaire Sergei Pugachev after she was hired to teach him English. The couple's wealth is somewhat of a mystery but they have amassed a serious fortune between them. In a commercial court hearing on Tuesday the judge, Master Price, made an order compelling the sale of Pugachev's 8.9m London home. Across the road was the leafy Lowndes Square, where Roman Abramovich had bought up two stucco mansions around the corner from Harrods. 2010 Started a deal with the government concerning the sale of shares in Severnaya Verf, Baltiyskiy Zavod, the Central Design Bureau "Iceberg". In January 2002, Pugachev resigned from IIB's board of directors. In 1999 and 2000, he was one of Putin's campaign staff leaders. 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. 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. So, how much is Sergei Pugachev worth at the age of 59 years old? In 2004, Putin asked Pugachev to provide the Ministry of Defence with 1.5 billion rubles for construction of housing for military service personnel. [4] In October 2000, he defended the dissertation "Development of information technology for management of financial resources of credit organizations". Marina Illarionova and Sergei Pugachev. Once known as the Kremlin's banker, Pugachev played a key role . He made it clear that Pugachev should agree to the sale. 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. The remainder was for inclusion in the 2010 budget. [15] At the end of 2014, the Russian Interpol bureau announced that Pugachev was wanted. Pugachev then owned 75.82% of Severnaya Verf, 88.32% in Baltiyskiy Zavod and 64.82% in the "Iceberg" Design Bureau. In 2000, Yenisei obtained a licence for exploration and production of coal at the Elegest deposit. He died in 2010. In October 2010, the lead frigate whose construction started in 2006 for project 22350 "Soviet Union Fleet-Admiral Gorshkov" was launched. In 2003, it was reported that Pugachev's income was averaging more than 7 million rubles. 2002 Creation of the company "Russian coal". According to Pugachev, his father had the opportunity to buy the car. He was Commissar of 60 guards 20 guards in the rifle division. [citation needed]. Salary in 2020. 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 . At a meeting at the Kremlin in 2002, Putin suggested that Pugachev come up with a legislative initiative for returning the capital exported abroad. Pugachev presented a memorandum about the recovery of the Russian banking system. He once owned two shipyards, the world's largest mine, and significant real estate across . 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. On 14 September 2016, the Moscow Court of Arbitration considered the application for liquidation of the Trade and Development Board. 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. The Central Bank issued a mandate to Nomura to negotiate a settlement agreement. Pugachev and his lawyers believe that the allegations by the Russian authorities targeting Mr. Pugachev are politically motivated and judicially groundless. Pugachev's shipbuilding companies became the largest surface shipbuilding centre in Europe. [45], In 2005, Pugachev entities acquired a controlling share in Baltiyskiy Zavod. He owned a coal mine, shipyards, designer brands and even one of Russia's largest private banks. Given its positions on the board and senior management positions, the company was already under the control of Baisarov and Altushkin. In November 2009, Putin invited Pugachev for a personal meeting. Pugachev was born into a military family. After a meeting with Putin, Pugachev understood that the restructuring would have to be interrupted. [74][75], In 2009, individual members of the Leninsky Luch collective farm filed a petition in the Krasnogorsk court for cancellation of the original deal with the Dmitrov State Farm in 2003. 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". 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 . In 1993, he sold his share. [94], Pugachev has two sons from his previous marriage to Galina Arkhipova. On 11 October 2017, the London High Court ruled that Pugachev's trusts are "shams". 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. Registered office: 1 London Bridge Street, SE1 9GF. Explore Sergei Pugachev net worth, bio, age, height, family, wiki, birthday, career, salary [Last Update 2021]! Sergei Pugachev, a tycoon once dubbed "Putin's banker", said on Tuesday that he had filed a $12 billion compensation claim against Russia for carving up his business empire after he fell out of . The government developed a plan for acquisition by the RF of the shipyard shares. Under OPK control, assets were held in various sectors of the Russian economy. [1] 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. This page was last edited on 19 February 2023, at 15:03. According to Pugachev, his connections with America played a crucial role in Yeltsin's 1996 re-election, which was opposed by the communists. Net Worth in 2021. Under pressure from the government, Pugachev consented to the sale. [clarification needed] Upon completion of the reconstruction, the five-star "Kremlyevsky" hotel complex was to open. Before that, he lived primarily in France and the United Kingdom. According to a 2011 KPMG assessment, the value of EPC amounted to 5 billion US dollars. Expropriation of Russian shares started in 2010, leading Pugachev to decide to sell EPC. It invested in them and then resold them. The BBC claims Sergei made a whopping $15bn in post-communist Russia. Their value amounted to more than US$15 billion.[37]. As Putin insisted in 2007, Al-Waleed bin Talal was approved for management of the hotel complex by Raffles. Pugachev served until 4 January 2011. At the end of 2014, the Russian Interpol bureau announced that Pugachev was wanted. According to Forbes, Abramovich is the 142nd wealthiest person on the planet. At the end of 2014, the Russian Interpol bureau posted a "wanted" notice for Pugachev. In 2012, another challenge was made to the original deal with the State Farm. 2008 Acquisition of the French manufacturer of designer furniture, 2008 Acquisition of the British company. 2011 Sale of the "Yenisei Industrial Company" JSC to shareholders of the "Russian Copper Company" (payment under contract not made). In December 2008, Pugachev presented a unique collection of Scythian gold. The Kremlin's official disclosures indicate that . At the date of the evaluation, according to an Ernst and Young assessment, an investment agreement during the economic crisis was estimated at US$950 million. 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. This is the first of a series of similar ships to be put into service of the navy after the collapse of the USSR. From the correspondence between Ulyukaev and the Government, it appears that the Sechin was actually curator, who attempted to put pressure on the Central Bank with the aim of ensuring that the assets would be under-valued. The boat "Albatross" was transferred to the hydrographic service of the Caspian flotilla. According to independent estimates for 20082010, the total value was more than US$12 billion. In 1993, he sold his share. The project intended to develop land for elite properties, The development involved French architect Jean-Michelle Wilmotte, and the construction of the golf courses involved Arnold Palmer. 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