Elena Baturina is top 1 richest Russian woman

Elena Baturina is top 1 richest Russian woman
Elena Baturina Photo: Dmitry Azarov / Kommersant

Her assets are estimated at $1 million.

President of Inteco Management Elena Baturina, the wife of forme Moscow Mayor Yury Luzhkov, heads the rating of the richest Russian women compiled by Forbes Women. Her assets are estimated at $1 million.

Baturina’s capital comprises of funds from the sale of Inteco and real estate.

“The wife of Moscow ex-Mayor Yury Luzhkov develops hotel business in Russia, Austria, Czech Republic, and Ireland. She also invests in real estate and alternative energy in Europe. In 2016, Baturina bought $10-million office buildings in New York. At that time, company of the richest Russian woman acquired a plot on the Mediterranean coast in Cyprus; it also plans to build an elite residential complex in Limassol – the announced volume of investments is $40 million,” the publication reports.

The ex-wife of billionaire Dmitry Rybolovlev, Elena, is second (600 million dollars) in the list. Interestingly, she made it to the rating due to divorce. The divorce proceedings began in 2008; two years later, the Swiss court froze the businessman’s main assets for further division of property. As a result, the lawsuit between Elena and Dmitry Rybolovlev over the division of property during the divorce lasted 7 years and ended with an agreement in 2015; based on its results, Rybolovleva received about $600 million and two houses in Switzerland, where she continues to live after the divorce. “Rybolovlevs met in their student years; their marriage lasted 21 years, and they have two daughters. During the proceedings, the private collection of the spouses, which included works by Picasso, Modigliani, Van Gogh, and Monet, was made public,” the publication notes.

The third place is held by Chairwoman of Gruppa Kompaniy C7 CJSC board Nataliya Fileva. Her capital is also estimated at about $600 million. Its basis is 82.2% of shares in CJSC. In 1997, spouses Nataliya and Vladislav Filev bought shares of Siberia Airlines from the company’s employees. After the 1998 crisis, they became owners of the controlling stake in the enterprise and engaged in business development through the absorption of small air carriers, in particular, according to Vedomosti newspaper, the bankrupt regional companies Sayana, Enkora, and airlines of Barnaul, Kemerovo, and Tomsk. After merging Vnukovskie avialinii, Siberia Airlines entered the Moscow market in 2011. Already a year later the company was number two in Russia for passenger transportation. In 2006, S7 group emerged on the basis of Siberia subdivisions; the company was rebranded. In the fall of 2015, the couple were going to acquire a controlling stake in Transaero from Aleksandr Pleshakov, former principal owner of the company, but the deal was never concluded. Today, Siberia Airlines remains the second largest air carrier of Russia after Aeroflot. In 2016, the airlines of the S7 group (Siberia and Globus) served 13.2 million passengers, Forbes Women recalls.

The list of the richest Russian women also includes a member of Progress Kapital board of directors Olga Belyavtseva ($450 million), Director General of Wildberries online store Tatyana Bakalchuk ($420 million), a member of Andrey Guryev’s Charitable Foundation board, his wife Evgeniya Guryeva ($400 million), Deputy Chairwoman of Novatek PJSC board Tatyana Kuznetsova ($400 million), a co-owner of Sodruzhestvo group Natalya Lutsenko ($400 million), Director General of Irkutsk Oil Company Marina Sedykh ($350 million), and a private investor, the former wife of Roman Abramovich, Irina Abramovich ($300 million).

Tags: Oligarchs
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