Mikhail Khodorkovsky is a Russian businessman with a net worth of around $100 million. Discover more about his fortune and career earnings.
Mikhail Khodorkovsky is a business tycoon who was once Russia’s richest man.
His family was relatively well-off, living in a two-room flat in a concrete block in Moscow’s suburbs, but thanks to his hard work, he was once the world’s wealthiest person.
What Is Mikhail Khodorkovsky Net Worth In 2022?
Mikhail Khodorkovsky has a net worth of roughly $100 million. He is a businessman and philanthropist from Russia.
He was the wealthiest man in Russia in 2003, with a fortune estimated to be over $15 billion and a position of 16th on Forbes’ list of billionaires.
During the Soviet era, he worked his way through the Komsomol apparatus, and during the late 1980s’ glasnost and perestroika period, he founded various businesses.
Following the Soviet Union’s disintegration in the mid-1990s, he amassed significant money by acquiring control of several Siberian oil resources, which were consolidated under the name Yukos, one of the major companies to emerge from the 1990s privatization of governmental assets.
His estate was estimated to be worth between $100 and $250 million in 2013.
He was estimated to be valued at around $500 million in 2014. He relocated to London in 2015.
The Dublin District Court unfroze $100 million in Khodorkovsky’s assets held in the Republic of Ireland in December 2016.
Mikhail Khodorkovsky Wealth & Career Earnings
Mikhail Khodorkovsky is a hardworking man who has been blessed with incredible fortune.
He began working full-time with the Komsomol after graduating in 1986, which was a typical manner of launching a Soviet political career.
Instead of following this road, he took advantage of “quasi-official and often extra-legal commercial chances” and started his own business. In 1986, Khodorkovsky started his first business, a private café, with Komsomol partners and technically operating under its jurisdiction.
Mikhail also served as an economic consultant to Boris Yeltsin’s first government.
He was elected chairman of the Fuel and Power Industry Investment Promotion Fund in 1992. In March 1993, he was named Russia’s Deputy Minister of Fuel and Energy.
He made millions in currency trading in the 1990s, according to Gessen. He also purchased privatization vouchers, handed to every Russian citizen, and entitled them to a piece of the country’s wealth. Many Russians were delighted to dump for quick cash at a discount.
He has developed an import-export company with annual revenue of 80 million rubles ($10 million).
Where Is Mikhail Khodorkovsky? Russian Billionaire’s Whereabouts Under Question After His Disappearance
Mikhail Borisovich Khodorkovsky is a Russian businessman currently living in exile in London.
Russian oil mogul and, at one point, Russia’s richest man, who was imprisoned in 2003 on fraud and tax evasion allegations. Before being released in 2013, he was convicted of those and other offenses.
He was again arrested on charges that they embezzled and smuggled more than $25 billion from Khodorkovsky’s Yukos oil company; Khodorkovsky and his business partner, Platon Lebedev, were both sentenced to 14 years in prison.