Overview of Mikhail Khodorkovsky
Mikhail Khodorkovsky, born on June 26, 1963, in Moscow, Russia, is a former Russian businessman, oligarch, and opposition activist. Engaging in various activist and philanthropic pursuits, Mikhail Khodorkovsky assets faced freezes in multiple jurisdictions due to legal entanglements linked to fraud and tax evasion. However, recent years have seen the release or unfreezing of some of these assets. Renowned for his role in the oil industry and political endeavors, Khodorkovsky served as the head of Yukos, attaining the title of the wealthiest person in Russia with a $15 billion fortune in 2003. Forbes ranked him 16th on its billionaires list.
Mikhail Khodorkovsky’s wealth grew through strategic control of Siberian oil fields and stakes in diverse companies, spanning chemical, construction, textile, mining, and oil enterprises. Post his 2013 prison release, Khodorkovsky relocated to London, becoming a vocal Kremlin critic.
Among Mikhail Khodorkovsky’s holdings is a £4.7 million mansion in West Sussex near London, managed through the Bermuda Meritus Trust. Complementing this, he boasts a portfolio of luxury assets, symbolizing his historical business success and wealth.
Diverse Portfolio of Mikhail Khodorkovsky Assets
Real Estate Holdings
Mikhail Khodorkovsky is linked to a West Sussex mansion in England, famously referred to as “Best Beech Place.” This residence holds a value of 4.7 million pounds and sits in proximity to Wadhurst, as reported by Russian media outlets. 5 . Notably, the property’s administration is facilitated through the Bermuda Meritus Trust, hinting at a strategy to obscure ownership.
Mikhail Khodorkovsky owes a country estate worth 4,675,000 British pounds in the county of West Sussex near a little town Wadhurst, 60 kilometers away from London. The ownership is administered through the Bermuda Meritus Trust, or, as a variant, Khodorkovsky rents this premises from this trust, thus hiding his property.
This estate was bought for 4,675,000 British pounds in April 2015 by the company Hera Investment Holdings Limited (The British Virgin Islands) acting in the interests of Meritus Trust Company (Bermuda).
The living place of the main house is 8170 square feet or 759 square meters (because of the peculiarities of cadastral registration, it has been not possible to know the whole floor space of the house including the terrace, greenhouse and swimming pool adjoining one of the walls). The ground is about 3.69 hectares.
The plan of the real estate “Best Beech Place”
“Splendid gardens, covered and open pools… additional household outbuildings”, is pointed out in the promotional brochure. The house takes up the upland on the south slope of the hill Best Beech, from where a vista with a long perspective.
In the mansion, there are 11 bedrooms, 6 drawing rooms, and 5 bathrooms. Several studies. Garage. Movie theater. Covered sunny porch. Tennis court. On the west border of the estate, there is a technical building (such an architectural form is often used for stables).
Mikhail Khodorkovsky is linked to a lavish estate in West Sussex, England, named “Best Beech Place.” This opulent mansion, valued at 4.7 million pounds, sits in proximity to Wadhurst, as reported by Russian media outlets. Notably, the property is overseen by the Bermuda Meritus Trust, hinting at a deliberate effort to obscure ownership.
Post-Prison Wealth
Mikhail Khodorkovsky, the Russian entrepreneur and former oil magnate now living in exile, saw a significant shift in his wealth over the years. In 2003, as one of Russia’s richest individuals, he was valued at $15 billion before entering prison. Following his release in 2013, his fortune underwent substantial changes, reaching an estimated $100–250 million by the year’s end and soaring to approximately $500 million by the close of 2014. In 2016, an Irish court unfroze assets belonging to Khodorkovsky, an outspoken critic of the Kremlin, valuing them at around $100 million.
Fast forward to 2023, and Khodorkovsky’s net worth is currently estimated at $2.2 billion. This financial evolution underscores the dynamic nature of his assets and their fluctuating values over time.
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