Alexey Khotin

Alexey Yurievich Khotin (born on May 21, 1974) is a Russian businessman of Belorussian origin, considered one of the richest men in Russia: Forbes magazine lists him to be the 95th in its Russian Top-100 rating as of 2016.

Since 1996, Khotin was involved in several industrial activities: military equipment, chemical feedstock, FMCG and food. Within these activities, he is reported to create about 30 enterprises with more than 8000 work places.

From 2001 to 2003 he served as Vice President of Moscow Association of Organizations of Chemical Complex.

In 2011 he was reported to acquire major stock in Exillon Energy oil company which operates in Northern Russian regions and is listed at London Stock Exchange. He also controls an oil company called Dulisma, holds stakes in Kuwait Energy and other hydrocarbon mining companies. Oil production of Khotin's companies as of 2016 amounts at near 2.5 million tons per year.

He is also reported to hold nowadays more than a half of Jugra Bank through Swiss/Cyprus company Radamant Financial Jugra Bank is named after Russian northern Yugra region where big amounts of oil and gas are mined. As of 2016 the bank is considered to be the 30th largest in Russia.

Vedomosti newspaper emphasizes that Khotin family has ties with many of the top Russian officials, and these ties are likely to positively influence on their businesses. The newspaper also say the family members generally refuse to talk to mass media.
 

Jugra Bank was the leader in losses in 2016

Business25.01.2017

The most unprofitable bank in 2016, excluding credit institutions rehabilitated, became Jugra Bank, which lost 32.2 billion rubles. Only BM Bank, which is currently under rehabilitation, lost more. 

Rejected Khotin: partners deny that the businessman is involved in the oil business

Business21.12.2016

Former associates of the owner of the Complex Investment holding said that the businessman wasn't the owner of the oil assets and companies, which had been purchased by $1 billion.  

Khotins will bleed the investors dry

Business07.12.2016

Jugra Bank owned by Alexey and Yuri Khotin will still conduct IPO. Are the businessmen going to take investors' money before escaping?  

Ugra is out of play

Business14.10.2016

Ugra, the leader among Russian banks in terms of losses, has nothing left but only to run after the puck.

More oil for the Khotins

Business14.09.2016

As Forbes found out, Belarusian businessmen has increased their oil deposits by 1.5 times.   

The Khotin family collected more than a million

Business13.09.2016

The businessmen gave away their offices for management.   

Depositors of Ugra pay for the Khotin family's debts

Business02.09.2016

Ugra Bank attracted more than 166 billion rubles from individuals as of mid-2016. Simultaneously, the bank issued credits for 154 billion rubles (almost all depositors' funds) of loans in foreign currency for a period exceeding 3 years.

Khotin's hammer: businessman outpaced leaders of oil and gas industry

Business16.07.2016

Alexey Khotin spares no expense on oil sites and outplays Rosneft, Surgutneftegaz and Gazpromneft.

"Hoover" among banks

Business18.06.2016

What fate awaits Ugra Bank?

Financial fever of the Khotin family

Business03.06.2016

Ugra Bank could collapse under the weight of heavy debts.

Where the Khotin family gets money

Business30.05.2016

Like many other businessmen, they built their empire on credit money.

How Yuri and Alexey Khotin do business

Business22.04.2016

Businessmen Yuri and Alexey Khotin, father and son, have so far been known as the kings of the Moscow real estate. Now they are interested in oil.

Premier League: who Alexey Khotin dreams to become

Business16.04.2016

Khotin's business success his competitors often explain by his ability to build relationships with influential people. One of his good friends is said to be Boris Gryzlov.

Khotin's empire: businessman has invested more than $1 billion in oil assets

Business01.04.2016

Alexey Khotin has bought at least ten oil companies over the past five years.

"Moscow" on credit: the Khotins got the hotel on loan from VTB

Business10.03.2016

Belarusian businessmen Alexey and Yuri Khotin could get Moscow Hotel on credit, despite the long-standing conflict with VTB.

Khot in Brent

Business18.02.2016

Yuri and Alexey Khotin challenged LUKOIL for control over Bashneft.

Bashneft for Belarusians: the Khotins are interested in the privatization of the company

Business16.02.2016

Alexey and Yuri Khotins can increase their oil assets to $2 billion.

Yenisei for the Khotins: the businessmen claim the company of the son of the head of "Rosatom"

Business22.01.2016

The owners of Gorbushkin Dvor, Yuri and Alexei Khotin, can buy the Yenisei oil company for $400 million.

Ugra Bank disclosed the co-owner of Gorbushkin Dvor Alexey Khotin among its owners

Business12.01.2016

Formally, he is only a minority shareholder with a stake of 0.5%.

Ugra's disclosed owners

Business12.01.2016

Alexey Khotin officially becomes a shareholder of the bank.

Oil business of the Khotin family received benefits for 92 billion rubles

Business18.11.2015

A small oil company Dulisma, which belongs to the Khotin family, manages to get export benefits faster than LUKOIL. The Ministry of Finance believes these benefits are justified and assesses budget losses from them at 92.5 billion rubles.

Suleiman Kerimov has sold Moscow Hotel to the owners of Gorbushkin Dvor

Business21.10.2015

As RBC found out, businessmen Yuri and Alexey Khotin bought five-star Moscow Hotel, located near Red Square, from the entities of Suleiman Kerimov.

Away from the Kremlin: Suleiman Kerimov has sold the Fashion Season Gallery

Business28.08.2015

Alexey and Yuri Khotins were the buyers. Karimov continues to dispose of assets in Russia and wants to sell 40% stake in Polyus Gold.

The Power Machines: how Belarusian businessmen Khotins became Moscow rentiers

Business02.12.2013

In less than14 years, the father and son Khotin have transformed themselves from small businessmen into a real estate development group having the fourth place in the Forbes ranking.

The Secret Acquistion Empire of the Khotins

Business26.11.2013

Ex-officials of the Lukashenko's adiministration help the Khotins to do business.