Mikhail Gutseriev



Mikhail Safarbekovich Gutseriev (born 9 March 1958) is a Russian entrepreneur, businessman and poet.
He is the owner of "Russneft", NK "Neftisa", OAO "Russian Coal", ZAO "Mospromstroy" and also GCM Global Energy, a British company, with annual revenue of $1 billion controlling large oil assets in Kazakhstan and Azerbaijan. Gutseriev also owns large assets in real estate including the "National" Hotel and luxury shopping centres such as Petrovskiy, Smolenskiy and Novinskiy Passage. In 2012. Gutseriev began to invest into the media business, and has acquired seven radio stations thus far.
According to Forbes, Gutseriev has a personal fortune of $6.2 billion as of March 2016, up from $2.4 billion the previous year.

In late 2006 he was accused of violating terms of his oil license and failing to pay taxes. After denying the charges, he sold Russneft to billionaire Oleg Deripaska for $2.8 billion and moved to London. When the charges were dropped in 2010, Gutseriev returned to Russia and bought back Russneft. Gutseriev writes lyrics for songs performed by famous Russian singers.
 

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