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Mikhail Gutseriev

Mikhail Gutseriev

M. Gutseriev
0% | + $0.00M
$5.77 B ₹ 52,468 Cr
Real Time Net Worth #713 Ranking as of 21 Feb 2026 By Forbes

More on Mikhail Gutseriev

Gender

Male

Age

67Y

Country

Russia

Born On

March, 1958

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Oil And Real Estate)

Primary Organization

Safmar Group

Titles

Founder

Sources of Wealth

RussNeft, Safmar Group

Industry

Oil & Gas, Real Estate, Coal, Finance

About Mikhail Gutseriev


M ikhail Gutseriev is a Russian oligarch with a diversified business empire spanning oil, coal, real estate, and finance. He founded the oil company RussNeft and the coal producer Russian Coal. His career has been marked by both immense success and significant political challenges. In 2007, facing pressure and charges of tax evasion from the Russian government, he fled to London and sold his companies. However, in a rare turn of events, the charges were later dropped, and he returned to Russia in 2010, eventually regaining control of RussNeft.

His family's Safmar Group is a major commercial real estate owner in Moscow, with a portfolio that includes luxury hotels, shopping centers, and warehouses. He is also a published poet and songwriter, having written lyrics for several popular Russian singers. Gutseriev has been sanctioned by the European Union and other countries for his close ties to the regime in Belarus, which has impacted his business operations and personal wealth.

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Quick Reads


  • Founder of the oil company RussNeft.
  • His family's Safmar Group has extensive real estate holdings in Moscow.
  • He fled Russia in 2007 due to legal pressure but later returned and regained his assets.
  • Has been sanctioned by the EU for his ties to the government of Belarus.
  • He is also a poet and a member of the Russian Union of Writers.

Early Life and Background


Mikhail Safarbekovich Gutseriev is a Russian businessman, the self-made billionaire Founder and former Owner of RussNeft (oil company) and Safmar Group (diversified industrial assets). His career is rooted in oil, banking, real estate, and poetry.

Gutseriev holds a Ph.D. in Economics. His philosophical approach centers on vertical integration, resource control, and long-term asset hold in the essential energy sector. His structural contribution is tied to pioneering private oil production in post-Soviet Russia, navigating periods of political conflict and exile.

  • RussNeft (Founder & Former Owner): The core private asset, a major Russian oil and gas company (he sold and later re-acquired the company after a period of political conflict and exile).
  • Safmar Group (Founder): A massive, diversified conglomerate spanning oil, banking, real estate, and retail (e.g., Eldorado/M.Video electronics retail).
  • Controversy/Exile: He faced tax evasion charges and political persecution in the late 2000s, leading him to live in exile before returning to Russia.
  • Literary Focus: He is a published poet and a songwriter, writing hundreds of popular songs in Russia.

Career Journey of Mikhail Gutseriev


Mikhail Gutseriev's strategic genius was his commitment to private oil production. He founded RussNeft in 2002, successfully consolidating oil assets and expanding production. His career faced a major crisis in 2007 when he faced tax evasion charges and political pressure, forcing him to sell RussNeft and go into exile (living in London). His structural contribution is tied to pioneering private oil production and consolidating industrial assets.

He returned to Russia in 2010 and successfully re-acquired control of RussNeft, demonstrating immense political resilience. His wealth is secured by the colossal, long-term, stable profitability of the global oil and gas and industrial sectors.

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Mikhail Gutseriev's Timeline


1980s (approx.):

Serves as Director of the Ministry of Construction (Early Career).

2002:

Founds RussNeft (Founding 1).

2007:

Sells RussNeft and goes into exile (Corporate Crisis/Transition).

22010:

Returns to Russia and re-acquires RussNeft (Corporate Turnaround/Executive Return).

Ongoing:

Continues as Founder and Owner, guiding the massive energy and industrial empire (Executive Oversight).

Major Business Ventures and Investments


Mikhail Gutseriev's wealth is concentrated in his founding and controlling ownership of the private conglomerate, Safmar Group, and his stake in RussNeft.

  • RussNeft (Founder & Former Owner): The core private asset, a major Russian oil and gas company (he sold and later re-acquired the company after a period of political conflict and exile).
  • Safmar Group (Founder): A massive, diversified conglomerate spanning oil, banking, real estate, and retail (e.g., Eldorado/M.Video electronics retail).
  • Literary Focus: He is a published poet and a songwriter, writing hundreds of popular songs in Russia.
  • Controversy/Exile: He faced tax evasion charges and political persecution in the late 2000s, leading him to live in exile before returning to Russia.

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Philanthropy and Social Impact


Mikhail Gutseriev's social impact is structural, stemming from Safmar Group's role as a massive employer and foundational provider of energy, retail, and financial services across Russia. His companies contribute significantly to national energy security. His personal philanthropy supports various cultural and educational initiatives (especially poetry and arts).

His structural contribution is tied to the successful privatization and vertical integration of Russia's energy and industrial sectors.

Fashion, Style, and Lifestyle


Mikhail Gutseriev maintains the professional, composed style of an industrial executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the high-capital energy sector.

Residing in Moscow, Russia, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, resource control, and poetry/arts.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Founder and Owner of RussNeft (oil company) and Safmar Group (conglomerate).
  • He is a published poet and songwriter (writing hundreds of popular songs).
  • He went into exile in 2007 following tax evasion charges and returned in 2010.
  • He successfully re-acquired control of RussNeft after his return.
  • His fortune is tied to the successful privatization and vertical integration of energy assets.
  • He holds a Ph.D. in Economics.
  • His structural wealth is tied to the long-term, stable profitability of the oil and gas sector.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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