sergei pugachev net worth 2022
During the meeting, Putin told him that the RF wished to acquire Pugachev's share in the shipyards. The IIB almost caught up with Sberbank on the scale of its own funds and became the country's largest private bank. On 28 December 2012, the Government withdrew the EPC licence that was valid until 2020. Registered office: 1 London Bridge Street, SE1 9GF. Pugachev's maternal grandfather was Konstantin Timofeevich Klochkov (1906 9 September 1942). [46], In September 2008, the JSC "Baltiyskiy Zavod" completed tests of uninhabited deep-water equipment. 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 his 30s, he was arrested. He was the initiator of the acquisition by the Russian Federation of a licence for production of the French Mistral helicopter carrier. Pugachev was born into a military family. The Financial Times claimed that Pugachev was a friend of Tatyana Dyachenkoa and her husband Valentin Yumashev, who at that time headed Yeltsin's administration. Illustration by lvaro Bernis. [35] According to the Jones Day report, from 2002 the owner of the bank was D. Henderson-Stewart. Before that he lived primarily in France and London. 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". Egorov saw neither the car, nor the money. #2448 Sergei Kolesnikov on the 2022 Billionaires - Sergei Kolesnikov owns 50% of Technonicol, a global producer of roofing, waterproofing and thermal insulation . According to official data, he was awarded Doctor of Technical Sciences. CNN's Erin Burnett speaks with Countess Alexandra Tolstoy, the former partner to Russian oligarch Sergei Pugachev, about their relationship with Vladimir Putin. A key figure in this process was Deputy Prime Minister Igor Sechin, known to many as the organiser of Yukos' destruction. The Kremlin's official disclosures indicate that . On 23 September 2014, Krug LLC was liquidated. He owned a coal mine, shipyards, designer brands and even one of Russia's largest private banks. In 1991, Pugachev established one of the first cooperative banks in the USSR, the Northern Commercial Bank. Discover Sergei Pugachev's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. 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. "Camelot" LLC released its shipbuilding company assets to a value of 12,978,603 thousand rubles. Vladimir Putin is believed to hold billions of dollars in wealth. He served his sentence at the construction sites of the Yaroslavl region. Key members of the leadership of the IIB, such as board chairman Gerald Kowalski, did not provide witness statements. We have estimated Sergei Pugachev's net worth, money, salary, income, and assets. 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. 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). According to data released in 2010, he earned 3billion rubles, significantly more than other Russian Senators. After he left the Senate, the Government began confiscating Pugachev's various properties. [14], On 11 July 2014, Mr. Justice Henderson froze Pugachev's assets on English territory and forced him to disclose his private assets, owned directly or indirectly, in support of the claim concerning subsidiary responsibility, as requested by the Russian government. In 2014 he was sued by th The Gribanov project involved the development of 1162 hectares of land in the Krasnogorsk region and the Odintsovo regions. On 15 July, the Russian Federation informed the president of the Tribunal and Pugachev's lawyers that it accepted this jurisdiction and would take part in this process. 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. Money was allocated, and as compensation an investment agreement was signed covering Pugachev's reconstruction and development of the Middle Trading Rows. He is from French. 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. [citation needed] Other sources found Pugachev's three diplomas and other facts of his biography to be fraudulent.[6][7]. He made it clear that Pugachev should agree to the sale. 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. [21] A Russian entity and numerous Russian oligarchs, including Rosneft, Mikhail Fridman, Peter Aven, Shalva Chigirinsky, and Roman Abramovich filed lawsuits in the United Kingdom during March and April 2021 against HarperCollins and Belton, who is a Reuters reporter based in London, over material contained in her 2020 book.[22][23][24][25]. [15] At the end of 2014, the Russian Interpol bureau announced that Pugachev was wanted. 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. This is the first of a series of similar ships to be put into service of the navy after the collapse of the USSR. 2006 RF President's Management chosen by the investors and developers of the reconstruction of the Kremlevsky JSC complex and the "United Industrial Corporation". He died near Myasnoi Bor.[3]. The media reported that this was the payment for implementation of this project by Pugachev. According to the Jones Day report, from 2002 the owner of the bank was D. Henderson-Stewart. 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. How did a poor boy from a tiny flat in St Petersburg become one of the world's most powerful leaders? ", " "" -", " "", " - ", " 2009 3,7 ", " "" 1,5 ", " - "-" 21900", " - "" 21900", " ", " "-" , ", " c ", " " ", " - - ", " : ", "- ", " " ", " ", " ", " ", " ""? [94], Pugachev has two sons from his previous marriage to Galina Arkhipova. 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. 2008 Acquisition of the investment company Design Capital. The money was moved by Sergei Pugachev (lead image, left) between 2008 and 2010; at the time it was worth the equivalent of $720 million. 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 . The Russian Government later gave permission for construction of a railway, needed for movement of coking coal from the deposit.[62]. The ex-partner of Russian oligarch Sergei Pugachev also known as Russian President Vladimir Putin's former banker called the way Putin and his inner-circle rule "ruthless." "Putin, like . In October 2010, the lead frigate whose construction started in 2006 for project 22350 "Soviet Union Fleet-Admiral Gorshkov" was launched. Kozhin also said that these conditions were accepted only by United Industrial Corporation (OPK), and became 100% owned by the project investor. He was awarded Commander of the order of Red Star and held command positions in airborne troops. In 2000, the Government announced a project for restructuring certain historical buildings, adjacent to Red Square in Moscow. In 2003, it was reported that Pugachev's income was averaging more than 7 million rubles. Once known as the Kremlin's banker, Pugachev played a key role . The Yenisei Industrial Company (EPC), acquired the licence (up to 31 May 2020) for the development of the Elegest highlands in Ulug-Khem coal basin in Tuva, a remote region in the south-central part of Russia on the Mongolian border. 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. On 18 March 2014, The court found Krug LLC bankrupt. It became a principal member of Visa International and MasterCard Worldwide, operating its own processing centre. Jul 2019 - Feb 20211 year 8 months. 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. [70] In accordance with Putin's instructions, the responsibility for compensation was given to first vice-premier V. Zubkov. He started the Luxe TV channel project, broadcasting in various languages in 20 countries. 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. 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 . He later held positions of command in the Red Army. It invested in them and then resold them. Allegedly, Pugachev's investment in foreign assets was the source of conflict with Putin. On 6 October 2011, Sechin's successor Vladimir Lisin was appointed chairman of OSK's board of directors. At the end of 2014, the Russian Interpol bureau posted a "wanted" notice for Pugachev. 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. 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. American company Gerald Metals, representing Altushkin's interests, valued the company at more than 5 billion dollars. 2022 04:39 EDT. According to a 2011 KPMG assessment, the value of EPC amounted to 5 billion US dollars. In December 2013, 3 years after the withdrawal of the licence from the International Industrial Bank, the Deposit Insurance Agency brought a claim to the Moscow Court of Arbitration regarding the subsidiary's responsibility for the debts of the IIB to the former heads of the IIB Aleksandr Didenko, Aleksei Zlobin, Marine Illarionova and Pugachev, declaring him a "de facto owner of the bank" determining the decisions taken by the bank. The story behind the recent BBC documentary The Countess and the Russian Billionaire is surely of interest to the high net worth community and their advisers in. The Federal Court of Arbitration of Moscow district upheld the legality of the decision of the Tenth Arbitration Appeal Court, denying the Optic-Trade the right to appeal. Pugachev's shipbuilding companies became the largest surface shipbuilding centre in Europe. [78], From the start of the 2000s, Pugachev began acquiring assets outside of Russia. Returning to France, Pugachev filed a claim against the Russian Federation within the framework of the Franco-Russia agreement on protection of investments concerning the expropriation of his assets, which became a subject of general interest and irritation for the Russian authorities. 1.5 billion dollars from the EPC budget, allocated for the infrastructure project, was transferred to Russian Railways (Yakunin). Putin suggested, as potential buyers, EvrazHoldings, Abramova and Abramovich and Severstal (belonging to Yuri Kovalchuk). In the process of exploration and experimental production, the largest coking coal deposit in the world was developed. He started the Luxe TV channel project, broadcasting in various languages in 20 countries. IIB was originally formed as a "venture investment fund". 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". According to the Federal Tax Service of the Russian Federation, "Camelot" LLC is registered at a mass registration address in Ivanov. Pugachev wrote three monographs and authored more than forty research papers. [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. Galina Pugacheva (ne Arkhipova) organized the charity fund "Dar" to benefit orphanages. In 2011, the government intervened in the deal. In 2004, Putin asked Pugachev to provide the Ministry of Defence with 1.5 billion rubles for construction of housing for military service personnel. In the judgement, the Judge mentioned that Pugachev had good reason to believe that his life was under threat from Russian agents. [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". 2010: Order of St. Serafim of Sarov, 3rd degree. 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. According to independent estimates for 20082010, the total value was more than US$12 billion. 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. Tuesday March 08 2022, 12.01am, The Times I t was September 2014 and we were sitting in Sergei Pugachev's office in Knightsbridge, the wealthy area of London which had become a playground for . On 24 July, the Russian side missed the procedural deadlines for selecting one of the international arbitrators. In October 2013, the Moscow Court of Arbitration the company STR into bankruptcy. [95][96][97] He has three children (two sons and one daughter) with his former partner Alexandra Tolstoy (daughter of the British historian and politician Count Nikolai Tolstoy). [82], In December 2013, 3 years after the withdrawal of the licence from the International Industrial Bank, the Deposit Insurance Agency brought a claim to the Moscow Court of Arbitration regarding the subsidiary's responsibility for the debts of the IIB to the former heads of the IIB Aleksandr Didenko, Aleksei Zlobin, Marine Illarionova and Pugachev, declaring him a "de facto owner of the bank" determining the decisions taken by the bank.[14]. Pugachev moved to the United States in 1994. Upon completion of the reconstruction, the five-star "Kremlyevsky" hotel complex was to open. According to media information, Pugachev traveled to London to discuss the shipyards with Lesin, but the meeting never took place. In May, Scotland Yard personnel found explosive devices under Pugachev's car. He became a member of the Franco-Russian government commission. In addition to its financing obligations, Pugachev's company transferred 1.5 billion rubles to the Ministry of Defence. In June 2015, despite a court order to stay in Britain, Pugachev fled the country and turned up in Nice, France. According to media information, one of the sites located in the region of the Presidential residence Novo-Ogarevo, acquired by Pugachev (1162 hectares), turned out to be in the ownership of the Federal Protective Service. He was acquainted with Viktor Chernomyrdin, Oleg Soskovets, Alexander Korzhakov, Andrey Vavilov, Valentin Yumashev, Alexander Livshits and Viktor Gerashchenko. In 2008 he was ranked number 605 in Forbes list of The World's Billionaires, and estimated to have a net worth of 2billion. Pugachev established one of the first cooperative banks in the USSR, the Northern Commercial Bank. Pugachev agreed to concede the project, at market price. According to him, the Ministry of Defence had compensated Pugachev from its own funds. [27][28] Pugachev said that Putin only wanted to be in power 3 or 4 years and said, "Putin wanted to get rich, too. Provide architectural guidance and recommendations necessary to develop cloud and hybrid solutions. It concluded that the acquisition of these assets was appropriate. This is the first of a series of similar ships to be put into service of the navy after the collapse of the USSR. In 1999 and 2000, he was one of Putin's campaign staff leaders. In 2013, criminal proceedings were again instituted against him in the Russian Federation. Pugachev was revealed . Pugachev violated the order and returned to France. O n 22 June 2020 the Russian Ministry of Justice announced that the UNCITRAL tribunal hearing Mr Serghei Pugachev's US$14.5 billion claim against the Russian . [38], Baltiyskiy Zavod built the Mistral-class ships, with the value of the deal amounting to 1.5 billion euros. In 2020, Alexandra was evicted from her home after the Russian government claimed it against debts owed by her ex-husband, oligarch Sergei Pugachev. 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. Nevertheless, the DIA challenged these payments in court, and did not include this liability in the register of creditors. This page was last edited on 19 July 2022, at 05:26 . At the presentation, he said that the main difficulty in choosing the investor for "Kremlevsky" was the strict conditions involving compensation to the former owner (the Ministry of Defence) of about $60 million. [16], On 2 March 2015, Mr. Justice Peter Smith prohibited Pugachev from travelling outside England and Wales and ordered his passports and travel documents transferred to the firm Hogan Lovells (representing the interests of the Russian government). 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. Sergei Pugachev (2008-2015) Issue: Alexei Pugachev Ivan Pugachev Maria Pugachev: Father: Count Nikolai Tolstoy: . 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 . "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 . ", " ", " "" - ", " 10890 - ", " ", "UK court serves $2.0 bln asset freeze order on Russian tycoon Pugachev", "Tycoon Pugachev files $12 billion claim against Russia", "High Court rules Pugachev trusts are "shams" in landmark judgment", "Russia tycoon sues publisher and Reuters reporter over Putin book", "Russian Billionaires, Rosneft Sue Over Book on Putin's Rise FT", "Russian billionaires file lawsuits over book on Putin's rise: Mikhail Fridman is among those to have filed a suit against publisher HarperCollins", "Are our courts a playground for bullies? [11], In 1991, Pugachev established one of the first cooperative banks in the USSR, the Northern Commercial Bank. 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]. [83], At the end of 2014, the Russian Interpol bureau posted a "wanted" notice for Pugachev. 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. Under OPK control, assets were held in various sectors of the Russian economy. 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. He died in 2010. The couple's wealth is somewhat of a mystery but they have amassed a serious fortune between them. [98][99] Pugachev has five grandchildren. Yet things soon turn sour, as Pugachev fell foul of the Kremlin and Putin's former friend was accused of owing the government $1 billion after being given a loan for his personal bank . 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 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. 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. He held command positions in the Red Army. He is from French. . Allegedly, Pugachev's investment in foreign assets was the source of conflict with Putin. The bank sought out troubled long-term assets. In January 2002, Pugachev resigned from IIB's board of directors. 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.[79]. Pugachev served until 4 January 2011. In the 1990s, Pugachev suggested making Putin the successor to the Yeltsin family. The Central Bank issued a mandate to Nomura to negotiate a settlement agreement. 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. 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. Russian authorities expropriate the shipyard. Multi-million pound UK properties of 'Putin's banker' Sergei Pugachev to go on sale The 17th century Battersea House was worth 12m in 2011 and once belonged to the Forbes family. "Camelot" LLC released its shipbuilding company assets to a value of 12,978,603 thousand rubles. 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 June 1996, Yeltsin awarded him a Commendation, "For a major contribution to the development of Russian democracy, participation in preparation and carrying out of a campaign for the national elections of the President of the Russian Federation in 1996". Sergei Viktorovich Pugachev, also spelled Sergey Pugachyov, (French: Sergue Pougatchev, Russian: ; born 4 February 1963) is a Russian-born French business magnate. Learn How rich is He in this year and how He spends money? EXCLUSIVE VIDEO . The Government's assessment of contracts for future periods was not included. Pugachev agreed to concede the project, at market price. Given its positions on the board and senior management positions, the company was already under the control of Baisarov and Altushkin. This deal was agreed with Putin. He was awarded Cavalier of the order of the Red banner. 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. [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. The estimate was produced under pressure. 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. At the end of 2014, the Russian Interpol bureau announced that Pugachev was wanted. 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). In the Soviet era, he held command positions in the Red Army. At a meeting at the Kremlin in 2002, Putin suggested that Pugachev come up with a legislative initiative for returning the capital exported abroad. [84], On 22 September 2015, the Hague International tribunal officially registered the complaint of Pugachev against the Russian Federation for US$12billion. On 24 December 2001, he was elected Senator of the Russian Federation.[31]. Pugachev borrowed 5500 roubles from his colleague Egorov, promising to buy a new car. According to Pugachev, his father had the opportunity to buy the car. 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. According to independent estimates for 20082010, the total value was more than US$12 billion. In 2009, work was started on the frigate "Fleet Admiral Kasatonov" for project 22350. It invested in them and then resold them. Summary of the dispute. [49] In 2009, Baltiyskiy Zavod cast 42 bells with a mass from 10kg to 5.5 tonnes. The legal team is awaiting action proceedings at the International Arbitration Court in the Hague in regards to Mr. Pugachev's $12 billion compensation claim against the Russian Federation. 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. From the start of the 2000s, Pugachev began acquiring assets outside of Russia. Discover today's celebrity birthdays and explore famous people who share your birthday. Pugachev was represented as leader of a "successful" and "working" bank. He made it clear that Pugachev should agree to the sale. 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 1993, he sold his share. [67], The project was presented by managers to Kozhin.[who?] Minister for Finance and Deputy Prime Minister Alexei Kudrin made a proposal to allocate US$5 billion for this deal. 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. Pugachev was repeatedly targeted by attacks, both in Russia and abroad. [45], In 2005, Pugachev entities acquired a controlling share in Baltiyskiy Zavod. The Yenisei Industrial Company (EPC), acquired the licence (up to 31 May 2020) for the development of the Elegest highlands in Ulug-Khem coal basin in Tuva, a remote region in the south-central part of Russia on the Mongolian border. 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 . The day after the sentence was pronounced, Egorov was attacked by unidentified persons. According to the estimate by international auditing company BDO, the value of the share in the shipyards amounted to 101.36 billion Russian rubles (3.5 billion US dollars). From November 2000 to January 2003, he was vice president of the RSPP. Also, in Russia, Mr Pugachev was charged in absentia under Art. Pugachev moved to the United States in 1994. In November 2000, he was elected to the board of Russian Union of Industrialists and Entrepreneurs (RSPP). [80] 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. At the start of the 2000s, he consolidated under the management of the United Industrial Corporation. [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). From 1993, he repeatedly attracted Academy staff with expertise among the various projects. In 2012, another challenge was made to the original deal with the State Farm. Their value amounted to more than US$15 billion. He became a member of the inner circle of Boris Yeltsin, and was one of the leaders of his campaign staff in 1996. 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