Oligarchs Assets

Mikhail Gutseriev Assets: Unveiling Luxury Hotels, Real Estate, and Oil Ventures $3B

Overview of Mikhail Gutseriev

Mikhail Gutseriev, a distinguished Russian billionaire and entrepreneur of Ingush heritage, boasts a diverse business portfolio encompassing oil, coal, real estate, and retail. As the founder and primary shareholder of Safmar Group, a conglomerate with a substantial presence across various industries, Gutseriev has achieved noteworthy success.

Educationally, Gutseriev holds law degrees and a Ph.D. in economics, underscoring his commitment to knowledge. His professional journey is marked by impressive milestones, ascending from a laborer to the General Director in the Grozny Industrial Association.

In the realm of hospitality, Mikhail Gutseriev assets extend to luxury hotels like Summit and Lux, acquired from Bidzina Ivanishvili, and the National Hotel, purchased from Elena Baturina. This diversification aligns with his multifaceted business approach.

Beyond business, Gutseriev is actively engaged in politics as a member of the Russian Federation State Duma. His interests also extend to music and poetry, adding a cultural dimension to his profile.

Consistently featured in Forbes’ annual list of the 200 Richest Russians, Gutseriev’s inclusion underscores his substantial wealth and influence in the business sphere. This testament to his enduring success solidifies his position as a key figure in the Russian business landscape.

Diverse Portfolio of Mikhail Gutseriev Assets

Luxury Hotels

Mikhail Gutseriev, a prominent Russian billionaire, boasts ownership of Summit and Lux luxury hotels. Let’s delve into these exquisite properties:

Summit Hotel: Acquired in 2012 from Bidzina Ivanishvili, Georgia’s former Prime Minister, the Summit Hotel stands as a pinnacle of luxury. Renowned for its top-notch service and opulent accommodations, it epitomizes Gutseriev’s commitment to excellence.

Lux Hotel: Also secured by Bidzina Ivanishvili in 2012, the Lux Hotel mirrors the Summit’s dedication to luxury. With lavish accommodations and exceptional service, it solidifies Gutseriev’s foothold in the world of upscale hospitality.

Both these hotels contribute to Gutseriev’s extensive business portfolio, which spans oil, coal, real estate, and retail through Safmar Group. In addition to these acquisitions, Gutseriev added the prestigious National Hotel to his collection in 2011, purchased from Elena Baturina, Russia’s wealthiest woman.

These luxury establishments underscore Gutseriev’s unwavering commitment to delivering unparalleled accommodations and services to his esteemed guests.

Summit Hotel

In 2012, Mikhail Gutseriev purchased two upscale Moscow hotels from Georgia’s former Prime Minister, Bidzina Ivanishvili. Although the search results do not explicitly outline the distinctive features and offerings of these hotels, it can be deduced that they boast luxurious accommodations and top-notch service. This inference aligns with Gutseriev’s standing as a notable businessman involved in various sectors, including real estate and hospitality. Regrettably, the specific unique features and offerings of the Summit and Lux luxury hotels are not explicitly detailed in the search results.

National Hotel

Purchase from Elena Baturina

In 2011, Mikhail Gutseriev solidified his presence in Moscow’s luxury hotel scene by acquiring the historic Hotel National from Yelena Baturina, Russia’s wealthiest woman.

Situated in the heart of Moscow, the Hotel National is a symbol of opulence. This strategic acquisition further bolstered the Gutseriyev-Shishkhanov family’s standing in the city’s flourishing luxury hotel market.

National Hotel

Adding to their portfolio, the family also secured ownership of properties from Bidzina Ivanishvili, which included the Summit and Lux luxury hotels. These additions played a pivotal role in consolidating the family’s influence in Moscow’s upscale hospitality sector.

Before these acquisitions, the Gutseriyev-Shishkhanov family, through BIN Group, already boasted ownership of several prestigious hotels in Moscow. Notable establishments in their portfolio include the Hilton Moscow Leningradskaya, three Marriott hotels, two Holiday Inn, and a 49 percent stake in Hotel Moscow.

Real Estate and Development in Moscow

Mikhail Gutseriev, a renowned Russian billionaire and the driving force behind Safmar Group, boasts a diversified conglomerate with interests spanning oil, coal, real estate, and retail. Notably, Gutseriev has made a significant mark in the oil and gas industry, founding Russneft, one of Russia’s leading oil companies.

In recent times, Gutseriev has strategically broadened his investment horizon, venturing into Moscow’s real estate, development projects, luxury hotels, and upscale shopping centers. His acquisition of premier hotels like Summit, Lux, and the iconic National Hotel in Moscow has firmly established his influence in the realms of hospitality and real estate.

In addition to his business endeavors, Gutseriev has actively participated in politics, holding a position in the Russian Federation State Duma. This multifaceted engagement reflects the breadth of his impact beyond the corporate arena.

Gutseriev’s diverse portfolio, coupled with his astute business acumen, has propelled him to considerable wealth and influence within the Russian business landscape.

Acquired Properties and Luxury Homes

Mikhail Gutseriev, a prominent figure in the business world, has amassed an impressive collection of properties and luxury residences. Let’s delve into some of his noteworthy acquisitions:

  1. Summit and Lux Luxury Hotels: In 2012, Gutseriev acquired these prestigious hotels from Bidzina Ivanishvili, Georgia’s former Prime Minister.
  2. National Hotel: Another gem in Gutseriev’s portfolio, this hotel was purchased from Elena Baturina, the wealthiest woman in Russia.
  3. Hilton Moscow Leningradskaya: This hotel holds its place under the ownership of the Gutseriyev-Shishkhanov family’s BIN Group.
  4. Three Marriott Hotels: These establishments are also proudly owned by the Gutseriyev-Shishkhanov family’s BIN Group.
  5. Two Holiday Inns: Adding to the BIN Group’s portfolio, these hotels contribute to Gutseriev’s diverse real estate holdings.
  6. 49 Percent Stake in Hotel Moscow: Anticipated to open in 2013, this hotel is a significant part of the BIN Group’s ventures.
  7. Mayfair Residence in London: Situated in the affluent Mayfair section, Gutseriev’s London home boasts an estimated value of $120 million.
  8. Residences in Italy and Switzerland: Beyond his Russian holdings, Gutseriev also possesses luxurious homes in the picturesque landscapes of Italy and Switzerland.

Mikhail Gutseriev’s real estate ventures extend across borders, reflecting his strategic investments in some of the world’s most desirable locations. These acquisitions underscore his position as a key player in the global real estate market.

Safmar Group: A Conglomerate Powerhouse

Mikhail Gutseriev, a prominent Russian entrepreneur, established Safmar Group in 2015, a versatile conglomerate with interests spanning various sectors. This multisectoral conglomerate encompasses oil production, oil processing, coal, potash, financial services, construction, development, property, media, and retail chains.

To streamline the efficient management of its extensive assets, Safmar Group operates as a joint-stock company. At the helm is Gutseriev, serving as the Chairman of the Group’s Board of Directors, guiding the conglomerate’s strategic development.

The group’s primary focus lies in heavy industry, with key assets such as PJSC RussNeft, an oil-producing holding, and OOO Beliye Nochi. In 2019, Safmar Group expanded its footprint by acquiring the Afipsky oil refinery and securing a major share in Kuzbasskaya Toplivnaya Company PJSC.

Beyond heavy industry, Safmar Group is a notable player in the retail sector, boasting ownership of M.Video, one of Russia’s premier consumer electronics retailers.

The diverse investments and business activities undertaken by Safmar Group underscore Gutseriev’s substantial wealth and influence in the Russian business landscape. This conglomerate stands as a testament to Gutseriev’s strategic vision and entrepreneurial prowess, solidifying his position as a key player in Russia’s business arena.

Beyond Property: Diversification into the Oil Industry

Mikhail Gutseriev’s business portfolio extends beyond real estate, venturing into the dynamic realm of the oil industry. As the driving force behind Safmar Group, Gutseriev holds the reins as the founder and primary shareholder of this conglomerate, boasting diverse interests spanning oil production, oil processing, coal, potash, financial services, construction, development, property, media, and retail chains.

Gutseriev’s foray into the oil sector includes substantial investments in Russneft, a key player in Russia’s expansive oil market, and Neftisa. Notably, Safmar Group’s strategic moves in 2019 saw the acquisition of Afipsky oil refinery, solidifying their position as the major shareholder in Kuzbasskaya Toplivnaya Company PJSC.

This diverse range of investments and business activities has been instrumental in catapulting Gutseriev to significant wealth and influence within the Russian business landscape. The calculated expansion into the oil industry aligns with the strategic vision of both Gutseriev and Safmar Group, recognizing the pivotal role of the oil sector as a cornerstone of the Russian economy.

Adding new information regularly…

Alexander Harris

Alexander Harris - The Digital Bloodhound Alexander isn't your typical investigative journalist. He thrives in the digital world, scouring the web for hidden connections and leaked documents. An expert data analyst and coder, he builds intricate digital trails to expose fraud, cybercrime, and government overreach. Alexander Harris began his career as a journalist. He is one of the founders of the " Russian Oligarchs Tracker Unit ".

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