Biography, state of Elena Baturina according to Forbes. What is Luzhkov's family doing now Baturina's parents
Head of CJSC "Inteko"
Wife of Moscow Mayor Yuri Luzhkov. A major entrepreneur, the owner of the investment and construction corporation "Inteko", which occupies a leading position in the market for the production of polymers and plastic products, monolithic housing construction, and commercial real estate. In February 2007, she transferred 99 percent of the shares of Inteko to the closed-end investment fund Continental. Deputy head of the working group of the national project "Affordable Housing", member of the board of directors of the Russian Land Bank. Until 2005, she was the chairman of the Equestrian Federation of the Russian Federation. According to Forbes magazine for 2008, the richest woman in Russia, owning a personal fortune of $ 4.2 billion.
Elena Nikolaevna Baturina was born on March 8, 1963. According to other sources, in 1991 she was 25 years old, that is, she was born in 1966. After school (since 1980), Baturina worked for a year and a half at the Moscow Fraser plant, where her parents worked - she was a design engineer.
In 1982, Baturina graduated from the Moscow Institute of Management named after Sergo Ordzhonikidze (now a university). According to some reports, Baturina studied at the evening department of the institute.
In 1982-1989 she was a researcher at the Institute of Economic Problems of the Integrated Development of the National Economy of the City of Moscow, chief specialist of the commission of the Moscow City Executive Committee on cooperatives and individual labor activity. There is evidence that Baturina started her business with a cooperative that developed software.
In 1991, the company (cooperative) "Inteko" was registered, which began to manufacture polymer products. Baturina headed it together with her brother Viktor, and later in the press she was mentioned in the media as the president of Inteko, and her brother as the general director, as vice president, and first vice president of the company. According to other data published in 2007, Baturina became the president and main owner of Inteko in 1989.
In 1991, Baturina married the future mayor of Moscow, Yuri Luzhkov (this was his second marriage), who in the past was one of the leaders of the Research Institute of Plastics and the head of the science and technology department of the USSR Ministry of Chemical Industry.
In 1992, Luzhkov became the mayor of the capital. Subsequently, Baturina denied the connection between her marriage to Luzhkov and the beginning of her own career, although they almost coincided in time. A number of media wrote that Luzhkov never specified how Inteko received profitable municipal orders. So, it is known that in the early 1990s, the Inteko cooperative won a tender and received an order for the production of almost one hundred thousand plastic chairs for the capital's stadiums. Baturina herself, in an interview with reporters, mentioned that 80,000 plastic seats for the Luzhniki stadium were made by her company. In 1999, Baturina, in an interview with Moskovsky Komsomolets, indicated that the stadium was reconstructed at the expense of the funds that the joint-stock company received from leasing space, and at the expense of loans. “I don’t see anything reprehensible in the fact that the Luzhniki management decided to buy plastic seats from me, and not pay one and a half times more expensive to the Germans,” she said.
A few years later, Inteko's business for the manufacture of plastic products was supplemented by its own raw material production based on the Moscow Oil Refinery (MNPZ), which was under the control of the Moscow government. A plant for the production of polypropylene was built on the territory of the Moscow Oil Refinery, and almost all of the polymer produced by the Moscow Oil Refinery belonged to Baturina's company. Demand for polypropylene products has always been high, and in the absence of competition from other manufacturers, Inteko, according to data published by the Kompaniya magazine, managed to occupy almost a third of the Russian market for plastic products.
On February 3, 1997, Novaya Gazeta reported that part of the funds allocated by the Moscow government for the construction of the Knyaz Rurik brewery were being transferred to AOZT Inteko. The company filed a lawsuit, believing that the article defames its business reputation. On April 4, 1997, the court ordered the newspaper to publish a retraction.
In the late 1990s, the President of Kalmykia, Kirsan Ilyumzhinov, put forward the idea of building the City of Chess (City Chess) to host international chess tournaments. One of the main general contractors for the construction of the city was Inteko. As a result, the company turned out to be one of the defendants in the investigation concerning the misuse of budget funds during the construction of the City of Chess. The republic, according to media reports, owed a significant amount of money to Moscow entrepreneurs. At the end of 1998, the co-owner of Inteko, Baturin, at the suggestion of Ilyumzhinov, headed the government of Kalmykia. A few months later, under an agreement between the Ministry of State Property of Kalmykia and CJSC Inteko-Chess (a subsidiary of Inteko), the Moscow company became the owner of a 38 percent stake in Kalmneft belonging to the republic (according to some reports, this happened without the knowledge of the rest of the shareholders of the oil company) . According to one version, in this way Baturin provided guarantees for the return of funds invested in the construction of City Chess. Soon dissatisfied minority shareholders of Kalmneft applied to the arbitration court with a claim against CJSC Inteko-Chess and the Ministry of State Property of Kalmykia to declare the transaction invalid. The transfer of shares was canceled, and already in February 1999, Baturin left the post of Prime Minister of the Republic of Kalmykia. In 2004, Baturina, in an interview with Izvestia, stated that many subjects of the federation owe her "unlimited amounts of money", including Kalmykia.
In the fall of 1999, Baturina ran for deputies of the State Duma in the 14th Kalmyk single-mandate constituency. Baturina's rival in the elections was one of the leaders of the Agrarian Party of Russia and the movement "Fatherland - All Russia" (OVR) Gennady Kulik. With a request to go to the polls from Kalmykia, the Kalmyk branch of the OVR turned to Baturina, which, according to the magazine Profile, was a complete surprise for Ilyumzhinov. The publication indicated that, according to unofficial information, after some time in Moscow, a meeting took place between Ilyumzhinov, Kulik and the head of the Russian government, Yevgeny Primakov, who was asked to convince Luzhkov to dissuade his wife from running in Kalmykia. But Primakov's intervention did not help - Luzhkov refused. Returning to Elista, Ilyumzhinov made a telephone statement for Profile: "I respect and appreciate Elena Baturina and wish her good luck in the elections. If she wins, then the economy of the republic will win first of all." At a rally in Elista, organized by activists of the OVR movement, Baturina made a speech, promising that in the event of her victory, Kalmykia would live no worse than Moscow.
Earlier, in July 1999, Luzhkov's wife was at the center of a scandal involving the illegal export of capital abroad. According to employees of the Federal Security Service of the Vladimir Region, her firms Inteko and Bistroplast (whose head, according to Kommersant, was Baturin) cooperated with structures that were engaged in money laundering. According to media reports, these structures transferred $230 million abroad. Luzhkov immediately declared that Boris Berezovsky was behind this case, as well as "the administration of the President of the Russian Federation and the general system, which is united by a political goal - to retain power as long as possible." Baturina herself sent an official protest to the FSB and the Prosecutor General's Office. In the autumn of 1999, she met with the director of the FSB, Nikolai Patrushev, who promised to apologize to her if the illegal seizure of documents by employees of the Vladimir UFSB at the Inteko company was confirmed. In addition, an audit conducted by the reputable firm Ernst & Young confirmed that Inteko did not transfer funds to Vladimir banks, suspected by security officers of financial fraud. Baturina herself said on this occasion: "The case is developing in such a way that it is the FSB who needs to think about their own security and how to get out of this situation. And I have nothing to be afraid of." The wife of the capital's mayor denied that one of the motives for her participation in the parliamentary elections could be a desire to protect herself from persecution by the FSB.
However, Baturina lost the election. A week before voting day, on December 12, 1999, ORT TV presenter Sergei Dorenko told viewers that Baturina owned an apartment in New York. In response, she sued the journalist, demanding a refutation and the recovery of $400,000 from Dorenko and $100,000 from the ORT TV channel. The trial, which lasted nine months, was adversarial, and in October 2000 the Ostankino District Court granted Baturina's claim. He ordered ORT to refute, and certainly on Sunday in the Vremya program, the report that she has an apartment in New York. The court estimated the moral damage and moral suffering of the plaintiff at 10,000 rubles.
According to Oleg Soloshchansky, vice-president of Inteko, the company entered the construction business back in the mid-1990s, creating the Intekostroy firm and taking part in a development project in Kalmykia. However, the actual transformation of Inteko into a large investment and construction corporation began only in 2001, when the company bought a controlling stake in the leading house-building enterprise in Moscow, OAO Domostroitelny Kombinat No. 3 (the main manufacturer of panel houses of the P-3M series). Thus, Inteko managed to take control of about a quarter of the capital's panel housing market. A year later, a division of monolithic construction appeared as part of Inteko. At the same time, the company began the implementation of large-scale projects: residential complexes "Grand Park", "Shuvalovsky", "Kutuzovsky" and "Krasnogorye". In mid-2002, the company acquired the cement plants of OAO Podgorensky Cementnik and OAO Oskolcement, and later, ZAO Belgorodsky Cement, Kramatorsk Cement Plant, Ulyanovskcement, and the leader of the North-West region, Pikalevsky Cement. Thanks to this, Inteko has become the largest cement supplier in the country.
In 2003, it became known about the project of a bonded loan of Inteko CJSC. At the same time, for the first time, it became clear that Baturina owns 99 percent of the company's shares, and 1 percent of the shares belong to her brother (earlier, in 1999, Baturina reported that her older brother owns half of the company's shares). Inteko estimated its share in the capital's panel housing market at 20 percent, while, according to media reports, the company built up to a third of standard houses under municipal housing construction programs for city orders. Some time later, "Inteko" announced the creation of its own real estate structure "Magistrat" and launched its first advertising campaign. In February 2004, Baturina's company placed its debut bond issue for 1.2 billion rubles. The media indicated that investors were skeptical about Inteko's desire to borrow funds at a rate of no more than 13% per annum, so less than a quarter of the issue was sold at the auction. The rest, according to the experts of NIKoil, which carried out the placement, was sold by the underwriter in the negotiation deals mode. In turn, independent analysts suggested that the rest of the Inteko loan (more than 900 million rubles at face value) was bought up by NIKoil itself.
On July 8, 2003, the Vedomosti newspaper published an article "The Elena Baturina Complex", which, in particular, stated that the Moscow bureaucracy "makes a pleasant exception" for the mayor's wife's business. Baturina, believing that she was accused of using her marital status to gain business advantages, filed a lawsuit, and on January 21, 2004, the Golovinsky District Court ordered the publication to publish a refutation.
In 2003, Inteko-agro, a subsidiary of Inteko, bought more than a dozen farms in the Belgorod region that were on the verge of bankruptcy. In an interview with Izvestia, Baturina said about her Belgorod business as follows: “In Belgorod we are building a large plastics processing plant - and the local governor ordered us to take on the livestock complex and bring it out of unprofitability. We have to buy bull-calves and grow them for sale. " The governor of the Belgorod region, Yevgeny Savchenko, initially supported Baturina. However, in 2005, the regional authorities accused the agricultural holding of buying up land under "gray" schemes and underpriced prices with the aim of their further speculative resale. Later it turned out that the activities of Inteko-Agro interfered with the development of the Yakovlevsky mine, which belonged to Metal Group LLC, a company controlled by the Russian Ambassador to Ukraine Viktor Chernomyrdin and his son Vitaly (Baturina refused to transfer land to the regional authorities for the construction of a railway to the mine). On October 9, an attack was made on the executive director of Inteko-Agro LLC Alexander Annenkov in Belgorod, and the next day Inteko lawyer Dmitry Shteinberg was killed in Moscow. Baturina appealed to President Vladimir Putin with a request to dismiss the governor of the Belgorod region. After that, Savchenko, speaking on regional television, said that some "uninvited guests would like to change the government in the region," and "their black PR specialists stop at nothing, even blood." Deputy of the State Duma Alexander Khinshtein and deputy of Rosprirodnadzor Oleg Mitvol spoke openly in defense of the interests of Inteko-agro. However, at the federal level, no one began to publicly intercede for the Baturins. In the same month, elections to the regional duma were held in Belgorod: United Russia, headed by governor Savchenko, won the vote on party lists. The Liberal Democratic Party, supported by Inteko, did not get even seven percent of the vote.
In 2004, the press named Inteko's participation in the construction of residential microdistricts on the Khodynka field, in the area of Moscow State University and Tekstilshchiki among the largest projects of Inteko. The total cost of construction projects was estimated at $550 million. At the same time, the media noted that the cost of housing in the capital since the purchase of the construction company DSK-3 by Baturina has increased by 2.4 times. In the same year, the Internet publication Izvestia.ru published information that Baturina allegedly acquired 110 hectares of land along Novorizhskoye Highway outside the Moscow Ring Road for the construction of an elite microdistrict, for the sake of rising prices for apartments in which the Moscow authorities forced the construction of Krasnopresnensky Prospekt - he must was to connect the highway with the city center, which would make it possible to overcome the path from Krasnogorsk to the Kremlin in half an hour - without traffic jams and traffic lights.
On February 15, 2004, as a result of a partial collapse of the roof of the building of the Transvaal Park water park in the Moscow district of Yasenevo, 28 visitors to the entertainment complex were killed and more than 100 were injured. park" was financed by relatives of the Moscow mayor" said that by the time of the disaster, the water park business was completely controlled by Terra-Oil, and the deal to purchase shares from the previous owners of Transvaal-Park, the European Technologies and Service company, was financed by two presidents of CJSC "Inteko" - Baturina and her brother. The publication concluded that de jure Inteko was not among the founders of the companies managing Transvaal Park, but its shareholders in February 2004 were the largest creditors of Terra-Oil. In March 2005, the Tverskoy District Court of Moscow partially satisfied Baturina's claim for the protection of honor and dignity against the Kommersant publishing house and its journalists Rinat Gizatulin and Andrey Mukhin. The court recognized the information published in the newspaper as untrue and discrediting the honor and dignity of Baturina. At the same time, the court exacted 10,000 rubles from each defendant in favor of Baturina as compensation for non-pecuniary damage. In addition, the Tverskoy Court of Moscow satisfied another lawsuit filed by Baturina against the Kommersant newspaper in connection with the publication of the article "The Mayor with Complexes" (January 29, 2004). This article reported that Baturina decided "the fate of Moscow Vice Mayor Valery Shantsev" (after the election of the capital's mayor, Luzhkov reorganized the mayor's office, pushing Shantsev, who previously oversaw the capital's economy, to a less significant post). This information was also recognized by the court as untrue and subject to refutation.
On January 29, 2005, journalist Yulia Latynina on the air of Echo of Moscow radio stated that Baturina is a co-owner of the Transvaal Park that collapsed on February 14, 2004, and the Inteko company received $ 200 million for the construction of the Moscow State University library, declared as a gift. On February 28, 2005, Baturina sent a request to the editor-in-chief of the radio station Alexei Venediktov to refute this information, which was subsequently done.
In 2005, Inteko sold all its cement plants to Filaret Galchev's Eurocement for $800 million, and some time later Baturina sold DSK-3 to the PIK Group. After the sale of the plant, Inteko left the panel housing market. According to a number of media reports, Inteko claimed that the sale of DSK-3 and cement plants was part of a strategy for consolidating resources for the development of monolithic housing construction and the creation of a pool of commercial real estate. Within 5-6 years, the company promised to build more than 1 million square meters of office space and create a large national hotel chain covering the territory from Central Europe to the Asia-Pacific region. However, market participants expressed doubts about Inteko's intentions to become one of the largest players in the commercial real estate market in Moscow and the regions.
In the spring of 2006, Inteko returned to the cement market by purchasing the Verkhnebakansky cement plant in the Krasnodar Territory from the SU-155 group. In December 2006, Inteko vice-president Vladimir Guz told Vedomosti that Inteko had acquired another cement plant in the Krasnodar Territory, Atakaycement, located near Novorossiysk. The purchase of a small enterprise with a capacity of 600,000 tons per year was estimated by experts at $40-90 million. Guz did not name the sellers of the enterprise and the amount of the transaction, but the publication, referring to market participants and a source in the administration of the Krasnodar Territory, called the president of the Samara Wings of the Soviets, Alexander Baranovsky, the main former owner of Atakaycement. "Inteko plans to create on the basis of two plants the largest cement production association in Russia with a total capacity of over 5 million tons of cement per year," Guz said. In addition, Inteko, he said, plans to build several more factories in Russia. Vedomosti drew readers' attention to the fact that Baturina is the deputy head of the working group of the national project "Affordable Housing". She, according to the newspaper, has repeatedly noted that the shortage and high prices for cement hold back the implementation of the project. UBS analyst Alexei Morozov remarked: "It's a good time to invest in cement... Those who start construction first will gain market share and shorten the payback period of their investments."
In July 2006, Baturina was elected to the Board of Directors of JSCB Russian Land Bank.
On December 1, 2006, information was published that the Axel Springer Russia Publishing House refused to print an article about Baturina and her business, destroying the entire circulation of the December issue of the Russian Forbes magazine. The leadership of the publishing house explained this step by the fact that the publication "did not follow the principles of journalistic ethics." One of the employees of the publishing house told Vedomosti that on the eve of the magazine's release, Ilya Parnyshkov, Inteko's vice president for foreign economic relations, came to the editorial office of Forbes with a copy of the statement of claim. The newspaper pointed out that representatives of Inteko threatened the publisher with claims for the protection of business reputation. In turn, the American Forbes demanded that Axel Springer release the current issue in the form in which it was printed. As a result, the December issue of the Russian Forbes came out in its original form, and cost 20 percent more than before the scandal.
In early February 2007, Vedomosti, referring to the lawyer of the editor-in-chief Maxim Kashulinsky and the editorial staff of the Russian Forbes, Alexander Dobrovinsky, reported on the lawsuits of the Inteko company against the magazine and its editor-in-chief. Lawsuits were filed in different courts: against Kashulinsky "On the dissemination of untrue information discrediting business reputation" - in the Chertanovsky court of Moscow, and "On the refutation of false information discrediting business reputation and the recovery of non-material losses caused as a result of the dissemination of data information" to the editors of the Russian version of Forbes magazine - to the Moscow Arbitration. Gennady Terebkov, press secretary of Inteko, told Vedomosti that the amount of each of the claims was 106,500 rubles (1 ruble for each copy of the December issue of Forbes magazine).
On March 21, 2007, the Chertanovsky Court of Moscow satisfied the claim of Inteko against Kashulinsky, recovering 109 thousand 165 rubles from the editor-in-chief of the Russian version of Forbes magazine, and not 106 thousand 500 rubles, since the legal costs of Baturina's company were estimated at 2 thousand 665 rubles. Kashulinsky's lawyer said he intends to appeal this decision in court. On May 15, 2007, the Moscow City Court refused to consider Kashulinsky's request to declare the decision of the Chertanovsky court illegal.
The lawsuit with the publishing house turned out to be protracted. On May 21, 2007, at the request of the defendant to conduct a linguistic examination of the published materials, the Moscow Arbitration Court suspended the proceedings on the suit of CJSC Inteko. In September 2007, he nevertheless recognized the fairness of the company's claims against the publishing house, but already in November 2007, the Ninth Arbitration Court of Appeal overturned this decision.
Then, in December 2007, representatives of Inteko decided to change the subject of the claim, claiming damage to Inteko's business reputation. The company demanded that not only Axel Springer Russia, but also the authors of the material, Mikhail Kozyrev and Maria Abakumova, be held jointly and severally liable, and that the same 106,500 rubles be collected from journalists and the publishing house. In January 2008, the claim under the rules of first instance was considered by the same Ninth Court of Appeal. He decided to satisfy Baturina's claim, obliging the magazine to publish a refutation of the article that caused the trial, and to recover 106,500 rubles from the defendants (35,500 thousand rubles each) for damage to Inteko's business reputation. Commenting on the decision of the court, lawyer Dobrovinsky announced his intention to appeal this decision to the court of cassation,. However, already in April 2008, the publishing house submitted a written petition to the Federal Arbitration Court of the Moscow District to withdraw the cassation appeal against the decision of the appellate arbitration court on the suit of CJSC Inteko.
In 2006, Viktor Baturin sold his share in the company to his sister and finally left the business, receiving a "compensation" in the form of 50 percent of the shares of Inteko-agro, as well as the entire Sochi business of the company. According to other sources, in early January 2006, Baturin retained his 1 percent stake in Inteko. In January 2006, Inteko's press service, citing Baturina, announced that her brother "is no longer the vice president of the company and is not authorized to make any statements." According to a number of media outlets, his dismissal was a consequence of the events in the Belgorod region. According to experts, the owners of Inteko did not agree on the further development of the business. Baturin himself claimed in January that he left Inteko voluntarily. In March 2006, Inteko Corporation officially announced that back in February, Baturina's brother had left the company. On March 17, the shareholders of Inteko (that is, Baturina herself) at an extraordinary meeting decided to buy back from Viktor Baturin his block of shares.
However, on January 18, 2007, there were reports in the media that back in December 2006, Baturina's brother Viktor filed a lawsuit against Inteko CJSC in the Tverskoy District Court of Moscow. According to him, he was fired from the company illegally. Baturin demanded to reinstate him at work and pay him 6 billion rubles as compensation for unused vacation for 15 years of work for the company. Observers suggested that this was a "fictitious lawsuit", but in fact Viktor Baturin claims a quarter of the shares of Inteko, which, according to him, he was illegally deprived of. According to some reports, the value of this package at that time could be up to one billion dollars. On February 12, 2007, the Tverskoy Court of Moscow rejected Baturin's claim to reinstate him at Inteko. He also refused to pay the compensation demanded by Baturin.
On February 14, 2007, Elena Baturina, in turn, filed four lawsuits against her brother and his companies. The first lawsuit challenged Viktor Baturin's right to own the Ivan Kalita management company, to which he had promised to transfer all his assets. The head of Inteko demanded that the company be returned to itself. Three more lawsuits motivated by "failure to fulfill obligations under contracts" contained property claims against Baturin's companies - Inteko-Agro-Service (for 48 million rubles) and Inteko-Agro (for 265 million rubles). Baturin did not comment on the first lawsuit, and called the amounts of claims against his companies "insignificant" and said that these lawsuits were "filed as a distraction." Baturin also said that he began preparing new lawsuits against his sister, including a lawsuit over 25 percent of Inteko shares, which, in his opinion, continue to belong to him. However, already on February 18, 2007, Inteko's spokesman Terebkov stated that "the parties renounce mutual property and other claims."
On February 19, 2007, it became known that Baturina transferred 99 percent of the shares of Inteko to the closed-end mutual investment fund (ZPIF) Continental, which is managed by the company of the same name. The media reported that the fund in terms of net assets (82.8 billion rubles) became a leader in the Russian market. Aleksey Chalenko, adviser to the president of Inteko, noted that "this was done as part of the company's strategy," Continental Management Company, according to RBC, declined to comment. Analysts did not come to a consensus about why Baturina took such a step. The following assumptions were made: the transfer of Inteko's assets to a closed-end mutual fund may insure the company against possible hostile takeovers, may also provide it with additional tax benefits, and may give Baturina the opportunity to quietly change the structure of property ownership. In 2007, in an interview with Vedomosti, Baturina confirmed that the Continental mutual fund belongs to her 100 percent. She called the structuring of Inteko through mutual funds "just a method of packing assets" ("How the money is in a bag, and not in a wallet - that's the whole difference").
On January 15, 2008, the Russian Land Bank named Baturina, who owned more than 20 percent of its shares, the main buyer of an additional issue of bank shares in the amount of 1 billion rubles. It was reported that after the buyback of shares, Baturina's share in the bank would exceed 90 percent. There was also an assumption by analysts that it would buy out the remaining shares of other shareholders of the bank.
In July 2008, Kommersant wrote about Inteko's participation in several development projects in Morocco through an affiliated company, Kudla Group. With reference to the words of Mustafa Agundjabe, a representative of the tourism department of the Tetouan region of the Kingdom of Morocco, the publication reported that the company is investing more than 325 million euros in the construction of resort real estate in the country.
In December of the same year, CJSC "Inteko" Baturina won a lawsuit against the publication "Gazeta" for the protection of business reputation. The Federal Arbitration Court of the Moscow District ordered Gazeta to refute reports of a conspiracy between the Moscow authorities and three leading property developers - Mirax Service (a subsidiary of Mirax Group), Inteko and the PIK group of companies - to divide the capital's housing and communal services market. The court did not see the guilt of State Duma deputy Galina Khovanskaya, on the basis of whose words the journalists made such a conclusion (Khovanskaya herself insisted that her words were quoted inaccurately in the article).
Baturina is the richest woman in Russia. According to Forbes magazine published in 2004, her personal fortune was $1.1 billion. Forbes experts estimated the turnover of the Inteko group at $525 million. At the same time, they admitted that it was not possible to accurately assess Baturina's assets, since, firstly, Inteko is a very closed company; secondly, she participated in almost all major metropolitan projects as a co-investor, contractor or subcontractor. According to the same Forbes, published in 2006, Baturina's fortune was already estimated at $2.3 billion. In August 2005, Inteko announced the purchase of shares in Gazprom and Sberbank. The company did not disclose which stakes Inteko owns (according to data for the first quarter of 2008, the share of Baturina - her mutual fund Kontinetal - in Sberbank was 0.38 percent). In 2006, information was published that Baturina and entrepreneur Suleiman Kerimov own more than 4.6 percent of Gazprom's shares for two (according to Vedomosti, they transferred the right to vote with their stakes to Alexei Miller, Chairman of the Board of Gazprom OJSC) . In February 2007, there were reports in the media that at the end of 2006, Baturina acquired shares in Rosneft, although this fact was not reflected in Inteko's financial statements for the last quarter of the year.
On April 19, 2007, the rating of the richest citizens of Russia was published in the Russian version of Forbes magazine. As in 2006, Baturina was the only woman on the list: her fortune was estimated at 3.1 billion dollars (in 2006 it was 2.4 billion). In the spring of 2008, at number 253, she entered the list of the richest inhabitants of the planet: Baturina's fortune, as reported by the American Forbes, at the time the rating was compiled, was estimated at $ 4.2 billion.
Baturina plays tennis, skiing well. He drives a car, has the third category in shooting from a small-caliber rifle. Baturina is also seriously engaged in horseback riding. The media wrote that the well-known ophthalmologist surgeon and businessman Svyatoslav Fedorov once addicted her to this occupation. In an interview, Baturina recalled: “It so happened that I somehow immediately got into the saddle and rode. Then they began to give horses to the mayor, and the animals had to be taken care of somehow. Since 1999, Baturina has been mentioned in the media as the chairman of the Equestrian Federation sports of Russia.During her 1999 election campaign for elections to the State Duma from Kalmykia, Baturina, at almost every meeting with the inhabitants of the republic, reminded that "a horse for a Kalmyk is more important than chess."In January 2005, Baturina was removed from the post of president of the Equestrian Federation The deputy of the State Duma Gennady Seleznev, who took her place, argued that the interests of Russian athletes were poorly taken into account by the previous leadership of the federation, although there were many competitions, including high-level ones, for example, the Moscow Mayor's Cup, which was one of the stages of the World Cup with large prizes money, but, according to Seleznev, the organizers themselves chose those who were to take part in them. If the best athletes were the best, their arrival and accommodation in Russia were paid for by the organizing committee. The Russians invited by the Organizing Committee, whose number was limited, could not compete with the first numbers of the Old World. As a result, all the prize money was taken away by foreign guests. The Building Business publication noted that when Baturina was not re-elected to the post of head of the federation, she was "purely humanly offended", but noticed that she would not leave her horses anyway and would now take care of the affairs of the Moscow federation.
According to a number of media reports, even Baturina's enemies noted that she had invested a lot of money in equestrian sports. The media indicated that she had sincere feelings for horses. "Ordinary horsemen", according to them, said that Baturina keeps disabled horses in his personal stable and provides them with a decent existence. However, according to Building Business, horses for Baturina are not only a hobby, but also a business. A few years ago, Inteko bought dilapidated buildings of cowsheds in the Kaliningrad region in order to revive the Weedern stud farm, founded in the 18th century, where the Imperial Union of Private Horse Breeders was based until the 1920s - a partner of the largest in East Prussia, the Trakenen stud farm. In the autumn of 2005, the reconstruction of the factory buildings was completed ("with the preservation of historical facades") and the first stage of the "Weedern" was put into operation, work began on the reproduction of the Trakehner and Hanoverian breeds of horses. It is expected that this enterprise will become a source of considerable income: the second stage of the project includes the construction of hotels, a restaurant, the creation of a bypass road and the improvement of nearby territories. All this should attract tourists.
From her marriage to Luzhkov, Baturina has two daughters: Alena was born in 1992, Olga - in March 1994. The media also mentioned Baturina's sister - Natalya Nikolaevna Evtushenkova, head of the IBRD Office and wife of the chairman of the board of directors and the main shareholder of AFK Sistema Vladimir Evtushenkov
Undoubtedly, the figure of Elena Baturina occupied, occupies and will occupy one of the key positions on the Olympus of Russian entrepreneurship. The wife of the former mayor of the capital is considered the richest woman not only in our country, but also abroad. In 2010, Elena Nikolaevna had financial assets, the amount of which was estimated at $ 2.9 billion.
Of course, without certain business qualities, she would hardly have been able to “put together” such a huge fortune. And she has them: toughness, assertiveness, determination, cold-bloodedness ... Largely due to these qualities, she succeeded in business. However, not everyone agrees that good luck in business affairs would always accompany Baturina if she were not married to an influential official.
Would Elena Nikolaevna really have achieved little if not for the help of her husband, who held a high position in the capital's government? Let's consider this question in more detail.
Curriculum vitae
Baturina Elena Nikolaevna is a native of Moscow. She was born on March 8, 1963 in a family of workers. Father and mother worked at the factory from morning to evening to feed a large family. Baturina, in addition to her brother Victor, has cousins and a cousin. Elena Nikolaevna once let slip in an interview that she actively involves her relatives in the management because she completely trusts them.
While still a child, the future wife of the capital's mayor was very often sick: her lungs were weak. Nevertheless, this did not prevent the girl, who grew up in the proletarian Vykhino district, from developing such an important quality for a businessman as determination.
Start of work
Having received a matriculation certificate, Baturina becomes a worker at the Fraser plant, since she did not enter the university.
After some time, Elena Nikolaevna became a student of the evening department of the Institute of Management named after Ordzhonikidze. In parallel with this, she works at the Institute for Economic Problems of the Integrated Development of the National Economy of the City of Moscow.
Fateful meeting
Baturina Elena Nikolaevna in her youth became a member of the working group of the commission of the Moscow City Executive Committee on individual labor and cooperative activities. In a new capacity, she began to study the problems of the public catering system. At the same time, she received her first experience of conducting cooperative activities. At this time, a fateful meeting with Yuri Mikhailovich Luzhkov, who headed the commission in the executive committee, takes place. After some time, Yuri Mikhailovich becomes a widower, and Elena Nikolaevna marries him. It was not an office romance: the relationship arose at a time when they no longer worked together.
Starting a business
Elena Nikolaevna, whose biography contains a lot of interesting and remarkable things, in the early 90s takes her first steps in the entrepreneurial field.
Together with her brother Victor, she creates the Inteko cooperative. The production of polymer products was chosen as the profile of activity. The political career of her husband Baturina developed rapidly, and soon he took the post of mayor of Moscow. Naturally, Yuri Mikhailovich helped his wife's business develop in every possible way, providing Inteko with profitable municipal orders. Over time, Elena Nikolaevna's company turned into a major supplier of plastics and organized a powerful production area on the basis of the capital's oil refinery. An enterprise for the production of polypropylene was built, and very soon Inteko won a third of the entire plastic products market.
Business is booming
In the late 90s, the geography of entrepreneurial activity of the wife of the capital's mayor expanded significantly. For example, Inteko became the main developer of the Chess City (City-Chess) project in Kalmykia. It was Baturina with her brainchild that became a defendant in the investigation into the misuse of budget funds during the construction of the above object. Nevertheless, Elena Nikolaevna, whose photo was printed on the front pages of the regional media in connection with the incident, decided to participate in the deputy elections in Kalmykia, but did not win them.
Baturina focuses her efforts on business. Very soon, Inteko turns into a large investment and construction holding, which occupied almost 25% of the panel housing market. The company establishes a division of monolithic construction.
In 2002, Elena Nikolaevna (position - president of Inteko) buys several large cement plants. Some time later, the owner of the construction holding announced the issue. Most of the shares of Inteko belonged to Baturina (99%) and only 1% of the securities were owned by her brother Viktor. Later, Luzhkov's wife announces the creation of her own real estate structure called Magistrate.
Illegal scandals
At the beginning of the 2000s, Baturina's construction holding was at the center of scandals. In particular, in 2003, pen sharks informed the public about the illegal activities of Elena Nikolaevna's subsidiary (Inteko-agro), which was buying up agricultural land in the Belgorod region under "gray schemes".
Then the "daughter" of "Inteko" invaded the sphere of commercial interests of his son, preventing the development of the Yakovlevsky mine. Shirokiy was triggered by events such as the attack on an executive director and the murder of a lawyer for Inteko Corporation.
The Russians were even more excited by the news of the theft in the Bank of Moscow. Journalists could not ignore this fact. According to the employees of the printed edition, Elena Nikolaevna (Yekaterinburg, the newspaper "Vecherniye Vedomosti") was interrogated as a witness in the case of fraud in a banking institution. At the same time, Asnis's lawyer had written evidence of her non-involvement in the crime.
Changing priorities in business
In 2005, Baturina sells cement plants and temporarily leaves the panel construction market. But after a while, Inteko returns to its profile again, having bought the Verkhnebakansky cement plant in the Kuban.
Then Elena Nikolaevna announced that her brother was "retiring" and was no longer the owner of the holding. Luzhkov's wife decides to buy back his shares and become the sole owner of Inteko. However, he considered this state of affairs unfair and wanted to return part of the shares. As a result, a lawsuit was started, which ultimately ended in the reconciliation of the parties.
After he was removed from the post of mayor of Moscow, Elena Nikolaevna began to sell off her business assets. In the fall of 2011, the Inteko commercial structure was put up for sale.
Hospitality
Since the end of Luzhkov's political career, Baturina has been living abroad with her husband. However, "in a foreign land" Elena Nikolaevna did not lose her entrepreneurial acumen and invested in the hotel business. She bought the Grand Tirolia Hotel for almost 40 million euros. It annually hosts an awards ceremony for the best journalists covering sports life. Baturina also owns the Morrison Hotel in Ireland and the Quisisana Palace mini-hotel in the Czech Republic.
Elena Nikolaevna's hotels are managed by Martinez Hotels & Resorts, which is located in Austria. The hotel owner plans to expand the geography of her business, in which about three hundred million dollars have already been invested.
Personal life
The wife of Yuri Luzhkov always tried to stay in the shadow of her influential patron. She reluctantly took part in the ceremonial events that were regularly held in the metropolitan metropolis. Sometimes there was a feeling that Elena Nikolaevna, whose personal life has developed in the best possible way, eschews publicity in every possible way. The business lady also ignored the official receptions hosted by the mayors of other cities.
Outside of business, her interests include golf, horseback riding, skiing, and reading.
In a marriage with Luzhkov, she gave birth to two daughters - Elena and Olga. They study in England. Relations with her brother Victor leave much to be desired, since the litigation initiated by her relative in 2007 is still fresh in her memory.
After Yuri Mikhailovich was relieved of his post, the Luzhkov couple moved to the British capital. The ex-mayor expressed hope that the family would someday be able to return to Russia, when the authorities turn their anger into mercy.
From the fleeting decision of the head of the country and subsequent not the most pleasant events, not only the mayor Luzhkov suffered, but also his family, who were forced to go abroad. The wife, having ceased overnight to be one of the richest ladies in the world and the head of a huge Russian holding company, focused on her student daughters. And also on the management of a large chain of hotels located, designed and expected to be built in Austria, Germany, Ireland, Italy, Kazakhstan, the Baltic States, Russia (St. Petersburg) and the Czech Republic.By the way, the first hotel of Baturina was the Grand Tirolia Hotel, built in 2009 in the Austrian Kitzbühel and worth about 40 million euros. It is in Kitzbühel that the headquarters of Elena Nikolaevna is located. In total, by the end of 2015, she intends to own 14 hotels on the continent.
The Grand Tirolia Hotel hosts the traditional Laureus Awards once every 12 months. She is often referred to as the "Oscars" of international sports journalism.
"Emigrant" Luzhkov
Yuri Mikhailovich himself, meeting with journalists, regularly complains that some kind of reclusive emigrant has been made out of him: they say, he does not appear either in Moscow or even in Russia. How he supports himself and his family is unknown. In fact, the recent metropolitan leader lives, works and, in principle, does not engage in any political activity in three at once - in England, where his daughters study, in Austria, where the Luzhkov-Baturina family has the main one, and in Russia. And not only in Moscow, but also in the Kaliningrad region.There, the former mayor and his wife, who once headed the country's equestrian federation, created a real livestock complex on the basis of a German stud farm that collapsed in the 90s and breed sports horses. And they also grow Romanov sheep, famous for their selective wool. In the Great Patriotic War, very warm and durable soldier's short fur coats were sewn from this wool.
That is, the wife of Yuri Mikhailovich only invests in her husband's still far from profitable project. But Luzhkov himself not only organizes and controls a very complex agricultural process on five thousand hectares and with the participation of a hundred people, but also takes an active part in it - at the helm of a German combine. And he is very proud to have been included as a foreign member in the Union of English Sheep Breeders.
Daughters: from Moscow State University to UCL
In Russia, Elena and Olga Luzhkov studied at the most prestigious gymnasiums and language schools in the capital. So, after the disgrace of their father, they clearly did not have problems with a quick transfer from Moscow State University to UCL, University College London, and later with admission to the university.Elena Luzhkova started her own business in parallel with her studies. In the Slovak capital of Bratislava, she created a company called Alener, which deals with perfumes and cosmetics.
However, according to Luzhkov Sr., he does not intend to control the life and study of his daughters. As well as understanding the sad fact that his wife is often forced to visit and even live in London, and not next to it.
Fridman's structure declared the rights to claim debt from Elena Baturina ... in stock Helena Baturina some debt to Victor Baturin, contrary to all existing legal decisions of the courts, these are the stages of a raider attack on Mrs. Baturin from the side..."). Editorial Helena Baturina the issue of compensation was not settled at all. What other claims were made against Baturina The initiator of the criminal case against Baturina Erentzen Manzheev in... A1 denied the connection of the company with the search for Baturina ... Moscow Yuri Luzhkov Helena Baturina. This was reported to RBC in A1. “A1 has nothing to do with any search warrant Baturina does not have and does not participate in this case, ”a company representative told RBC. press secretary Helena Baturina Gennady Terebkov earlier... Manzheeva. He acts as financial manager on his brother's bankruptcy case. Baturina Victor. The court of Kalmykia put Russia's richest woman on the wanted list... The court of Kalmykia put Russia's richest woman on the wanted list. Why Elena Baturina turned out to be a defendant in a criminal libel case ... most Baturina The decision of the justice of the peace will be appealed, Gennady Terebkov, press secretary, told RBC Helena Baturina. “The judge grossly ignores the presence of lawyers in court Helena Baturina Baturina confirming the credentials of her lawyers... Baturina's representative linked her wanted list with A1 Fridman ... RBC press secretary Helena Baturina Gennady Terebkov. “The fact that the opponents stepped up their actions, staged a dirty PR campaign against Helena Baturina in the most tragic for... libel Baturina“It is illegal and will be appealed,” Terebkov said. “The judge grossly ignores the presence of lawyers in court Helena Baturina who have previously participated in... The court put Baturina on the wanted list in a libel case ... the manager of her brother's business, RBC found out. Baturina was put on the wanted list, she was obliged to appear Elena Baturina- President of Inteco Management and ... RBC Press Secretary Helena Baturina Gennady Terebkov. “The judge grossly ignores the presence of lawyers in court Helena Baturina, as well as written statements by Mrs. Baturina, confirming the authority of her ... Baturina came to the Cathedral of Christ the Savior to say goodbye to Luzhkov ... The widow of former Moscow Mayor Yuri Luzhkov Elena Baturina and her daughters came to the Cathedral of Christ the Savior, where... 10 richest women in Russia in 2019 according to Forbes Forbes magazine named the richest women in Russia. For the first time, two participants with a billion fortune got into the rating for the first time - Elena Baturina and Tatyana Bakalchuk. In total, the list included 25 women. Who got into the top ten - in the review of RBCBusiness, 26 Sep 2019, 15:07
The richest Russian woman withdrew from the charitable organization of the mayor's office in London ... in the amount of £138,000 that the fund made Helena Baturina. The richest woman in Russia, president of Inteco Management Elena Baturina resigned as a trustee on the board of a charitable organization... Baturina, whose fortune, according to Forbes, is $ 1.2 billion, has not yet followed. The Be Open Foundation told RIA Novosti that Elena Baturina ... Luzhkov called Forbes data on the state of his wife nonsense ... Yuri Luzhkov called Forbes data on his wife's condition nonsense Helena Baturina, given in the ranking of the richest women in Russia. It is reported by RIA ... Russia. The first place in it was taken by the President of Inteco Management Elena Baturina. The magazine estimated her capital at $ 1.2 billion. Compared to ... Tatyana Bakalchuk with a fortune of $ 600 million. The third place was taken by Elena Rybolovleva, ex-wife of a billionaire, owner and president of a French football club... We did not agree on the characters: where and why Russian businessmen moved On June 27, it became known about the criminal case against the founder of the Rolf group, Sergei Petrov. He is abroad and plans to assess how the situation will develop. At different times, other Russian entrepreneurs also changed their place of residence, where and why they moved - in the RBC photo gallery Filipp Aleksenko Anna Kim Anastasia Antipova Forbes named the 25 richest women in Russia ... Moscow Elena Baturina, however, six ladies at once entered the top 25 for the first time in all the years of the rating's existence. The richest woman in Russia remains Elena Baturina, wife... his experts, compared with last year for the year the state Baturina decreased by $ 100 million, which, however, did not prevent her from remaining ... the richest women in the world (1940th place). Despite the decrease in capital Baturina, the total wealth of the 25 richest Russian women, according to Forbes, has grown ... How entrepreneurs from Russia get settled abroad The wine business of Evroset founder Yevgeny Chichvarkin in London made a profit for the first time. The entrepreneur left Russia for London in 2008, where he started selling wine. How he and other Russian businessmen settle down abroad - in the review of RBC Galina Kazakulova Yulia Sapronova The Supreme Court refused to recover 33 billion rubles from Russia. at the suit of Baturina ... The Supreme Court of Russia refused the company Helena Baturina in recovery from Russia 33.6 billion rubles. for seized... Mayor of Moscow Elena Baturina(No. 90 in the Russian Forbes list). It is reported by Interfax with reference to the case file. Protection Helena Baturina intends to file a lawsuit with the ECHR, a lawyer told RBC Baturina Valery Eremenko. "A chance to get justice... Elena Baturina lost a lawsuit against her husband Glucose for € 74 million ... Helena Baturina considers other possible options for compensating for losses incurred Baturina as a result of participation in a joint project with Alexander Chistyakov, the lawyer told RBC Helena Baturina Michelle Duncan. “The court found that Chistyakov violated the terms of the contract under which he was a partner Baturina and didn't provide...Business, 29 Mar 2017, 13:53
Moscow State University responded to reports of the demolition of the Shuvalovsky and Dominion complexes ... the year the Inteko company, then owned by the wife of Yuri Luzhkov, Elena, began Baturina. In 2011, she sold the company to the BIN group. According to the terms...Business, 27 Mar 2017, 17:32
Rosreestr denied demands for the demolition of residential complexes on the territory of Moscow State University ... hectares of land at Moscow State University, the Inteko company belonged to the wife of Yuri Luzhkov, Elena Baturina. However, in 2011, she sold the company to the BIN group. By...Business, 27 Mar 2017, 15:00
Inteko responded to reports about the threat of demolition of residential complexes in Moscow ... in 2008, CJSC Inteko, which then belonged to Elena, began construction Baturina, the wife of the former mayor of Moscow, Yuri Luzhkov. However, in 2011... The media learned about the plans for the construction of "Don-stroy" residential complex on the land of Baturina ... . The bulk of the construction will take place on a piece of land previously owned by Elena Baturina In December 2016, the City Planning Commission of Moscow approved the planning project ... at the intersection of Michurinsky Prospekt and st. Lobachevsky, which previously belonged to Elena Baturina and became the subject of proceedings with the Bank of Moscow, Vedomosti writes with ... The court rejected the complaint of Baturina's firm against the decision on 33 billion rubles. ... the Arbitration Court of Appeal dismissed the complaint of CJSC Territorial Directorate Setunskaya Helena Baturina to refuse to recover from the Ministry of Finance of Russia 33.6 billion rubles ... in the face of the Ministry of Finance 33.6 billion rubles. In its lawsuit, the firm Baturina demanded compensation for losses for the seized land plots in Moscow - so ... and not seized in favor of the state. The Federal Property Management Agency demanded from the company Baturina three land plots with a total area of about 16 hectares in 2010 ... Luzhkov spoke about the talent of Baturina, who topped the Forbes rating ... - Moscow Mayor Yuri Luzhkov said he was proud of his wife Elena Baturina, for the fourth year in a row leading the list of the richest women in Russia according to ..., August 26, Forbes published a list of the richest women in Russia, in which Baturina took first place again. According to the magazine, her fortune for the year increased by $100 million and amounted to $1.1 billion. Baturina owned the investment and construction corporation Inteko, which in 2011 ...Business, 31 Mar 2016, 14:22
Baturina was declared bankrupt by a former business partner ... Yuri Luzhkov Helena Baturina declared bankrupt the former top manager of the Inteko company founded by her, Igor Vardanyan, follows from the published materials of the court. Baturina requires from ... months. The arbitration also ordered Vardanyan to compensate Baturina state duty expenses in the amount of 6 thousand rubles. Elena Baturina, whose fortune Forbes estimates at $1 ...Business, 17 Mar 2016, 16:28
Moscow authorities decided to withdraw 7.4 hectares of land from Baturina's company ... Moscow authorities will seize from a company affiliated with structures Helena Baturina, about 7.4 hectares of land in the village of Terekhovo in the north- ... territory of the Mnevnikovskaya floodplain. They are now owned by Reno Immobilienhandels GmbH, controlled by Baturina. In October 2014, it became known about the intention of the authorities in ... their lawsuit, the company Baturina demanded to pay damages for seized land plots in the west of Moscow. According to the Forbes rankings, Elena Baturina is the richest...Business, 15 Mar 2016, 21:17
The court refused to recover 33 billion rubles from Russia. at the suit of the company Baturina ... The court rejected the firm's claim Helena Baturina on the recovery from Russia of more than 33 billion rubles. The wife's company ... the Moscow court dismissed the claim of Setunskaya Territorial Directorate CJSC, owned by Elena Baturina about the recovery from the Russian Federation, represented by the Ministry of Finance, about 33 ... amounts to 18.5 billion rubles, the representative of the plaintiff said. However, the company Baturina believes that the assessment was carried out with violations, in it the cost ...Business, 25 Feb 2016, 17:47
Luzhkov's wife launched a development project in New York ... Moscow Helena Baturina invested $ 10 million. Housing prices in this area are growing by 5-6% per year. The wife of the former mayor of Moscow Elena Baturina... the acquired buildings are currently being used for commercial purposes, but the company Baturina is considering the possibility of changing the category of the land plot, which will allow deploying here ... similar projects, ”the press service said. Baturina. In August 2015 Elena Baturina again topped the list of 500 richest women in Russia, compiled by ... Shurin Luzhkov left the colony ... representative of the Federal Penitentiary Service of Russia Kristina Belousova. The day before, the Supreme Court of Kalmykia replaced Baturin jail time for a fine. Instead of serving in a colony ... and 10 months, the businessman will have to pay 300 thousand rubles. fine. Baturin was convicted in July 2013. According to investigators,... Baturin said that he had signed the promissory note on the direct instructions of his sister, the president of CJSC Inteko, the wife of the former mayor of Moscow Helena Baturina However, the company denied this. Baturin ... Elena Baturina spoke about the conflict with the wife of Dmitry Medvedev ... The wife of the ex-mayor of Moscow Elena Baturina told Forbes about the conflict with the wife of Russian Prime Minister Svetlana Medvedeva. According to Baturina, she had to give the Moscow gymnasium she built to the wife of the ex-mayor of Moscow Yuri Luzhkov Elena Baturina gave an interview to Forbes Woman ... in connection with "the loss of confidence of the President of Russia." The condition of his wife Helena Baturina, Forbes estimates at $ 1 billion. The magazine put her at the head ... Baturina again topped the list of the richest women of Russian Forbes Elena Baturina for the third time topped the top 50 richest women in Russia by... $1bn Spouse of the former mayor of Moscow, chairman of the Supervisory Board of Inteco Management Elena Baturina for the third time topped the list of the 50 richest women in Russia, compiled by ... Forbes Woman. Her fortune is estimated at $1 billion. Last year Baturina also became the richest woman in Russia. Then her condition also... Baturina will sell abandoned pigsties to Moscow for 90 million rubles. . The city will have to buy out the buildings from the wife of the ex-mayor of Moscow Yuri Luzhkov for the construction of the metro ... The Moscow government is going to withdraw from the structures Helena Baturina two abandoned non-residential premises in the village of Terekhovo of the North-Western administrative ... Luzhkov, his former deputy Vladimir Resin canceled the project. In a year Elena Baturina sold its main business - the development company Inteko - to the co-owner of the BIN group ... is 90.8 million rubles, inventory - 3.9 million rubles. Elena Baturina, who has been living in London for several years, takes first place ... Elena Baturina topped the ranking of the richest women in Russia ... President of Inteco Management, wife of ex-Mayor of Moscow Yury Luzhkov Elena Baturina compared to 2013, retained the first line ... ", Olga Belyavtseva with a fortune more than two times inferior to Baturina- $ 450 million. The top three richest women in Russia are the CEO of the Internet ... Alexandra Lutsenko. The directors of the group also include the daughter of Natalia Elena. General Director of Bahetle LLC Muslima Latypova borrowed $315 million... The former bank of Elena Baturina was involved in a criminal case ... 2010 Russian land bank belonged to the wife of the former mayor of Moscow Elena Baturina, which sold 98% of the bank's shares shortly after the departure of Yuri Luzhkov ... Elena Baturina will invest 10 million euros in solar energy ... The wife of the former mayor of Moscow Elena Baturina decided to invest 10 million euros in solar energy in Italy and ... competitors in the field of green energy. It's about own funds. Baturina, the representative of Inteco explained to RBC. Re-Pro investments, as well as distribution ... from the point of view of solving various environmental problems," the words are quoted in the message. Baturina. The company plans to increase the installed capacity to 135 MW. Now power... The Ministry of Internal Affairs turned to Austria for help in the interrogation of Elena Baturina ... Helena Baturina as a witness in a case of embezzlement at the Bank of Moscow. According to the department, this is due to the systematic absence of E. Baturina... did not receive properly executed summons. The Ministry of Internal Affairs emphasized that E. Baturin already three times invited to testify in this case ... an official invitation for interrogation. The policemen promised in case of non-appearance of E. Baturina take "exhaustive measures" for interrogation to carry out the necessary investigative actions ... Yu. Luzhkov's wife confessed to giving bribes to officials Wife of ex-mayor of Moscow Yuri Luzhkov, businesswoman Elena Baturina admitted that she had to pay bribes to officials. About... the Investigation Department of the Ministry of Internal Affairs Tatyana Gerasimova. She recalled that the agendas of E. Baturina, which is in the status of a witness, were transmitted through Yu. Luzhkov. Previously ... "Premier Estate", which is allegedly associated with the company E. Baturina.Earlier it was reported that E. Baturina repeatedly (February 25, 2011, March 4, 2011, 8 ... The Ministry of Internal Affairs does not insist on the interrogation of Yu. Luzhkov's wife ... will force the wife of ex-mayor of Moscow Yuri Luzhkov, businesswoman Elena Baturin to give evidence. This was reported in the investigative department ... Tatyana Gerasimova radio station "Echo of Moscow". She recalled that the agendas of E. ... a deal to buy Inteko Group from the wife of the ex-Mayor of Moscow Helena Baturina, according to the press service of the credit institution. The deal has been approved by the Federal Antimonopoly Service... and petrochemicals in the capital. However, clouds over the development business of E. Baturina(who flourished during her husband's 18 years of mayorship) began to thicken... Elena Nikolaevna Baturina is the richest woman in the Russian Federation, a billionaire, ex-owner and co-founder of one of the largest metropolitan business empires, Inteco, chairman of the supervisory board of Inteco Management, widow of Moscow Mayor Yuri Luzhkov, dismissed in 2010.She is the creator of an international high-class hotel chain, including the Grand Tirolia complex with a golf course in the Austrian ski resort town of Kitzbühel, the New Peterhof hotel in the northern capital of Russia, and the hotel as part of the Moscow Park new generation business center in Kazakhstan (Astana ), QuisisanaPalace in the Czech Republic (Karlovy Vary), Morrison Hotel in the capital of Ireland.
In 2016, the businesswoman again, for the fourth time, topped the list of the wealthiest women in the country according to Forbes. This publication estimated her finances at $ 1.1 billion. In 2008, according to the same magazine, she owned $4.2 billion.
Childhood and education
The first Russian female billionaire was born into a Moscow working-class family on March 8, 1963, seven years after the birth of her brother Viktor. Parents, Tamara Afanasievna and Nikolai Egorovich, were simple Soviet workers, worked at the Frazer plant and lived in a house on Sormovskaya Street, where they gave out apartments to factory workers.Elena attended the same comprehensive school as her older brother. Neighbors characterized her as a businesslike and strong-willed girl who had no time to do stupid things. She studied and helped her parents with the housework. After graduating from school, Lena entered the evening department of the Institute of Management. Sergo Ordzhonikidze, where Viktor Baturin also previously studied.
In 1980–1982 the girl worked at the largest enterprise of cutting tools Frazer, at the same time she received higher education at the Institute of Management. Sergo Ordzhonikidze. It didn’t work out otherwise - the family lived in poverty.
Later, she became an employee of the Institute of Economic Problems of the Development of the National Economy of the Capital, the head of the secretarial department of the Union of Cooperators, a member of the commission of the Moscow City Executive Committee in the direction of cooperative activities. In 1986 she received her diploma.
Acquaintance with Yuri Luzhkov
When in 1987 Elena Baturina met the future mayor of Moscow, her heart was occupied by another young man, a gymnast. At first, she had only a working relationship with Yuri Luzhkov. He was the second person in the executive committee of the Moscow City Council, where the 24-year-old graduate, who dealt with the problems of the cooperative movement, came to work. 
According to Elena, the first impression Yuri Mikhailovich made was bossy, but at the same time she already decided that she would become the wife of this man, who strictly delimits his personal life and professional life. The boss appreciated Elena's leadership qualities and became close to her, but only in the friendly sense of the word. Luzhkov was married, but in October 1988 his wife Marina died of cancer. In 1991, Baturina moved to Luzhkov's house, and three months later they got married.
Despite the difference in age, the spouses were similar in temperament and agreed in their views on life, so they lived in perfect harmony. In 1992, their eldest daughter Elena was born, two years later - Olga. As for the sons of Luzhkov from his first marriage, the elder Mikhail took his stepmother, who was younger than himself, with hostility, while the younger Alexander quickly found a common language with her.
Business
In the summer of 1991, Yuri Luzhkov headed the Government of Moscow, and a year later he was appointed mayor of the capital to replace Gavrila Popov, who resigned due to problems with the food supply. It is not surprising that Baturina's success in business is often associated with the high position of her husband. However, Elena began to do business even before the start of relations with Luzhkov. 
Baturina's first business venture was launched in 1989. Like many enterprising Soviet citizens of the late 80s, she founded a cooperative in partnership with her brother Viktor. There was a desperate shortage of money, and the company was doing everything it had to: selling equipment, installing and developing software, and organizing jobs.
In 1991, sister and brother founded the Inteko company, whose area of interest initially included the production of polymer products. The company quickly occupied this niche: according to experts, Inteko produced about a quarter of the total production in certain categories of plastic goods. Ten years later, the company's field of activity included commercial real estate, construction and investments in shares of the largest state-owned enterprises, including Gazprom, Oskolcement, Atakaycement, and Sberbank.
The enterprise provided financial support for the implementation of projects in the field of education, culture, art, sports, including international golf tournaments. Elena Baturina initiated the Home for the Whole World initiative (the program provided housing for urgently needy Russian families in different cities), a sponsor of equestrian competitions (Elena was the president of the specialized national equestrian Federation). In 2006, she was promoted to Deputy Head of the Interagency Team for the National Affordable Housing Program.
2006 was the most successful year in the life of Inteko - the company received 27.6 billion rubles in net proceeds.
Viktor Baturin served as vice president of Inteko until he was fired in December 2005, and Baturin learned about the dismissal from the newspapers. No official reasons were given. One of the possible causes of the conflict, the media called Victor's claims due to insufficient compensation for his stake in Inteko (until May 2002, he owned 25% of the shares, and after that all reports indicate that 99% of the shares belong to Elena Baturina). It was reported that in return, Baturina gave her brother half of the share in the subsidiary Inteko-Agro, and thus he received the company at its full disposal. However, over the next few years, the cost of the company "Inteko", according to various estimates, by 3-4 times.Viktor Baturin about his sister Elena Baturina and Yuri Luzhkov
Since 2007, Elena Baturina has been reviving the tradition of our artists performing abroad, created in 1907 by Sergei Pavlovich Diaghilev and called the Russian Seasons. So, in 2008, with her assistance in Austria, concert performances of domestic dance groups, classical music, folk songs, timed to coincide with Orthodox Christmas, took place.
In 2009, Inteko completed the construction of the Moscow-Park multifunctional complex in Astana. The complex included shopping, entertainment and business centers, a panoramic elevator, restaurants, cafes, office space and a 4-star hotel.
In 2010, Elena Nikolaevna opened the New Peterhof hotel complex in the Northern capital; as part of assistance to victims of fires, it financed the construction of a preschool educational institution in the Tula region, sold the Russian Land Bank to foreign investors.
In 2010, Forbes recognized Elena with her fortune of $ 2.9 billion as the third richest woman in the world.
99% of the shares of Inteko were owned by Elena Baturina until 2011. After the resignation of Yuri Luzhkov in 2010, the company's annual revenues decreased by almost 2 times. Inteko was purchased by a subsidiary of Sberbank (Sberbank. Investments) for $600 million in partnership with financier Mikail Shishkhanov.In 2011, information was made public about the billionaire's donation to the Tsaritsyno Museum of porcelain from the Imperial Factory from her personal collection.
After the sale of Inteko, Elena Baturina went into the hotel business. In 2012 it became known about the opening of the Quisisana Palace hotel in Karlovy Vary, in 2013 - the Morrison hotel in the capital of Ireland.
Elena Baturina about her business in Europe
Since 2010, Elena Baturina has also been involved in the development business. In addition to Russia, it sponsors projects in the US, Cyprus and Kazakhstan. In 2016, she purchased a number of office buildings in the New York area of Brooklyn, near the Barclays Center sports arena. In 2021, it is planned to complete the construction of an elite 23-apartment building in the capital of Cyprus, the cost of investments in the project exceeded 40 million euros. Among Baturina's projects in Kazakhstan is the luxurious business center Moskva.
Personal life of Elena Baturina
As noted above, Yuri Luzhkov and Elena Baturina got married in 1991. The husband, for whom their marriage was the second, was 27 years older than her. The couple raised two daughters - Elena (1992) and Olga (1994). 
Before Luzhkov left the post of mayor, they were both students of Moscow State University (the eldest daughter studied at the Faculty of World Politics, the youngest at the Faculty of Economics). In 2011, the girls moved with their mother to the capital of Britain, where they continued their education at University College London.
Olga also earned a bachelor's degree from New York University and a master's degree in hospitality. In 2015, a woman with her usual marketing savvy opened her own Herbarium bar in Kitzbühel, near Grand Tirolia. In the new establishment, Baturina tried out a long-standing idea that such an establishment could be a place where you can not only drink, but also enjoy herbal drinks in a comfortable environment.
Elena Baturina loves equestrian sports, is fond of tennis, golf, skiing, collecting photographs, works of art (in particular, she owns a painting by the English artist Francis Bacon) and classic cars (her fleet has about 50 vintage vehicles).
Elena Baturina today
The entrepreneur is engaged in the hotel business, the acquisition and construction of real estate (in the USA, in the UK), together with her husband, she manages the Weedern horse breeding concern. It finances a number of charitable organizations - "Noosphere" to provide disinterested assistance in matters of education, tolerance for a different faith, lifestyle, customs, Be Open to promote the progressive ideas of young creative people in different parts of the world.On December 10, 2019, Yuri Luzhkov died in a Munich clinic due to complications that began after a successful heart operation. Elena Baturina, who accompanied her husband, plunged into a state of shock. At the funeral of the former mayor, the woman, according to the representatives of the press who were present at the ceremony, was in a stupor from grief.
The legacy of Yuri Luzhkov consists of a 450-meter apartment in the center of Moscow, in a house built in the early 20th century on 3 Tverskaya-Yamskaya Street. Realtors valued the property at $600 million. It is reported that the widow and children of Yuri Mikhailovich will share it among themselves.