Alisher Burkhanovich Usmanov (russian: Алишер Бурханович Усманов; born 9 September 1953) is an
Uzbek-born Russian businessman and
oligarch. By 2022, Usmanov had an estimated
net worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, ne ...
of $19.5 billion and was among the world's 100 wealthiest people.
Usmanov made his wealth after the collapse of the
Soviet Union
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, ...
, through metal and mining operations, and investments.
He is the majority shareholder of
Metalloinvest
Metalloinvest Management Company LLC (russian: link=no, Металлоинвест) is a Russian mining and metallurgy company specializing in the manufacture of steel. It was founded in 1999 and is composed of a mining division (Lebedinsky GO ...
, a Russian industrial conglomerate, which consolidated in 2006 JSC Metalloinvest's assets (Mikhailovsky GOK and Ural Steel) with those of Gazmetall JSC (Lebedinsky GOK and the Oskol Electrometallurgical Plant).
He owns the
Kommersant
''Kommersant'' (russian: Коммерсантъ, , ''The Businessman'' or Commerce Man, often shortened to Ъ) is a nationally distributed daily newspaper published in Russia mostly devoted to politics and business. The TNS Media and NRS Russi ...
publishing house. He is also a co-owner of Russia's second-largest mobile telephone operator,
MegaFon, and owner of
Udokan copper which develops one of the largest copper deposits in the world. Usmanov eventually teamed up with
Yuri Milner and became the largest investor of Digital Sky Technologies ("DST"). On 16 September 2010, Digital Sky Technologies (DST) changed its name to "Mail.ru Group". He also holds shares of a number of international technology companies. He was the president of the ''
Fédération Internationale d'Escrime'', the international governing body of the sport of
fencing
Fencing is a group of three related combat sports. The three disciplines in modern fencing are the foil, the épée, and the sabre (also ''saber''); winning points are made through the weapon's contact with an opponent. A fourth discipline, ...
, from 2008 until 2022.
On 28 February 2022, in reaction to the
2022 Russian invasion of Ukraine, the
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been ...
blacklisted Usmanov, imposing an EU-wide travel ban on him and freezing all his assets. On 3 March, the United States imposed similar sanctions on him, with some exceptions for his companies. Usmanov was named in the ''
Official Journal of the European Union
An official is someone who holds an office (function or mandate, regardless whether it carries an actual working space with it) in an organization or government and participates in the exercise of authority, (either their own or that of their s ...
'', the publication of record of the EU, as a "pro-Kremlin oligarch with particularly close ties to Russian President Vladimir Putin
ho isone of Vladimir Putin's favorite oligarchs."
He spent six years in a Soviet prison in the 1980s on charges of fraud and embezzlement, but his conviction was later overturned. In 2000, he was eventually rehabilitated by the
Supreme Court of Uzbekistan, which ruled that the case against him was trumped up and no crime had been committed.
Early life; education, imprisonment, marriage and divorce
Usmanov was born in
Uzbekistan
Uzbekistan (, ; uz, Ozbekiston, italic=yes / , ; russian: Узбекистан), officially the Republic of Uzbekistan ( uz, Ozbekiston Respublikasi, italic=yes / ; russian: Республика Узбекистан), is a doubly landlocked co ...
in the provincial town of
Chust.
He spent his childhood in the capital
Tashkent
Tashkent (, uz, Toshkent, Тошкент/, ) (from russian: Ташкент), or Toshkent (; ), also historically known as Chach is the capital and largest city of Uzbekistan. It is the most populous city in Central Asia, with a population of ...
, where his father was a state prosecutor. Planning to pursue a career of a diplomat, he later moved to Moscow. After first failing to be accepted, one year later he made the cut and was accepted to the
, from which he graduated in 1976 with a degree in
international law
International law (also known as public international law and the law of nations) is the set of rules, norms, and standards generally recognized as binding between states. It establishes normative guidelines and a common conceptual framework for ...
.
Usmanov then returned to Tashkent, where he was appointed director of the Foreign Economic Association of the
Soviet Peace Committee.
Usmanov was arrested and convicted on charges of fraud, corruption, and theft of state property, which charges included shaking down an Army officer, in
Uzbek SSR
Uzbekistan (, ) is the common English language, English name for the Uzbek Soviet Socialist Republic (Uzbek SSR; uz, Ўзбекистон Совет Социалистик Республикаси, Oʻzbekiston Sovet Sotsialistik Respublikasi, ...
in August 1980.
He was imprisoned in a remote Uzbek prison for six years of an eight-year sentence.
Three decades later, his conviction was
vacated
A vacated judgment (also known as vacatur relief) makes a previous legal judgment legally void. A vacated judgment is usually the result of the judgment of an appellate court, which overturns, reverses, or sets aside the judgment of a lower court. ...
in July 2000, 9 years after the dissolution of the Soviet Union, by the Supreme Court of Uzbekistan, which ruled that "the original conviction was unjust, no crime was ever committed, and that the evidence was fabricated."
His version of events has been questioned by
Craig Murray, the British Ambassador to Uzbekistan from 2002 to 2004. Years later, Usmanov's public relations firm tried to delete reference to his conviction and imprisonment from Wikipedia.
Usmanov, who is
Muslim, married
Jewish
Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...
rhythmic gymnastics
Rhythmic gymnastics is a sport in which gymnasts perform on a floor with an apparatus: hoop (rhythmic gymnastics), hoop, ball (rhythmic gymnastics), ball, Clubs (rhythmic gymnastics), clubs, ribbon (rhythmic gymnastics), ribbon. The sport combi ...
coach
Irina Viner in 1992. Viner is considered to be close to Putin, having introduced him to former rhythmic gymnast
Alina Kabaeva.
On May 4, 2022, Usmanov filed divorce from
Irina Viner.
Business career
Pro-Putin oligarch
Usmanov was named in the ''
Official Journal of the European Union
An official is someone who holds an office (function or mandate, regardless whether it carries an actual working space with it) in an organization or government and participates in the exercise of authority, (either their own or that of their s ...
'', the publication of record of the EU, as a "pro-Kremlin oligarch with particularly close ties to Russian President Vladimir Putin".
It added: "
smanov
Nurzhan Smanov (Нуржан Сманов; born February 17, 1972) is a retired boxer from Kazakhstan, who competed for his native country in the Men's Welterweight (– 67 kg) division at the 1996 Summer Olympics in Atlanta, Georgia. The ...
has been referred to as one of Vladimir Putin's favorite oligarchs. He is considered to be one of Russia's businessmen-officials, who were entrusted with servicing financial flows, but their positions depend on the will of the President."
Early years
Usmanov became a dollar millionaire in the years before the Soviet Union collapsed. He set up a privately owned for-profit company, cooperative Agroplast which produced plastic bags.
He enriched himself considerably after the collapse of the USSR.
Usmanov worked as the Deputy General Director of Intercross JSC from 1990 to 1994, and from 1994 to 1998, he headed Interfin Interbank Investment and Finance Company. He also acted as an Adviser to the General Director of Moscow Aviation Industrial Enterprise from 1994 to 1995, and served as the First Deputy Chairman of MAPO-Bank from 1995 to 1997.
In the end of the 90s Usmanov was the General Director of Gazprom Invest Holdings, the investment-holding subsidiary of Russia's state-owned gas company
Gazprom
PJSC Gazprom ( rus, Газпром, , ɡɐzˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the largest ...
,
and managed it for more than a decade; Usmanov left the company in 2014.
USM Holdings and Metalloinvest
Usmanov has a 49% economic interest and 100% voting rights in USM, a global conglomerate with its main investments in metals and mining industry, telecommunications, technology, and media.
Through USM and as an individual investor, Usmanov owns diverse interests including stakes in iron ore and steel, media, and internet companies.
He is the co-owner of
Metalloinvest
Metalloinvest Management Company LLC (russian: link=no, Металлоинвест) is a Russian mining and metallurgy company specializing in the manufacture of steel. It was founded in 1999 and is composed of a mining division (Lebedinsky GO ...
, which he founded with business partner Vasiliy Anisimov, in order to manage his acquisitions in the metal industry. Unlike Russia's tycoons who won control of empires through loans-for-share privatization schemes of the 1990s, Usmanov built up Metalloinvest through a series of acquisitions.
Metalloinvest owns a wide range of Russian metal and mining businesses including Lebedinsky GOK and Mikhailovsky GOK; Oskol Elektrometallurgical Plant and Ural Steel steel mills and a ferrous scrap enterprise – Ural Scrap Company.
Since 2006, he has acquired stakes in Australia-based mining companies, Medusa, Mt Gibson and Aztec Resources through Gallagher Holdings, now USM Holdings. In 2009, Metalloinvest Holding sold its 10.37% stake in Australian gold producer Medusa Mining. Usmanov is the second largest shareholder, after Dr Mohammed Al Bawani (
MB Holding
MB Holding Company LLC is an Omani conglomerate with interests in oil and gas exploration and production, oilfield services, engineering and mining.
The company was founded in 1982 by Mohammed Al Barwani as an oilfield service provider to oil p ...
), in Toronto-listed (
TSX)
Nautilus Minerals Nautilus Minerals Inc. was an underwater mineral exploration company headquartered in Toronto, Ontario, Canada. It was the first company to commercially explore deep sea mining of the seafloor for massive sulfide systems, a potential source of hi ...
(NUSMF), which planned to extract undersea gold and copper deposits off Papua New Guinea in 2019. He has also purchased, through Gallagher Holdings, an interest in Australian mining company Strike Resources, which is working on an iron ore deposit in
Peru
, image_flag = Flag of Peru.svg
, image_coat = Escudo nacional del Perú.svg
, other_symbol = Great Seal of the State
, other_symbol_type = Seal (emblem), National seal
, national_motto = "Fi ...
.
In November 2015, USM invested US$100 million in competitive
video game
Video games, also known as computer games, are electronic games that involves interaction with a user interface or input device such as a joystick, game controller, controller, computer keyboard, keyboard, or motion sensing device to gener ...
esports team
Virtus Pro.
In 2021, USM and Metalloinvest announced plans to construct one of the world's largest
HBI eco-plants in Russia's
Kursk region
Kursk Oblast ( rus, Курская область, r=Kurskaya oblast, p=ˈkurskəjə ˈobləsʲtʲ) is a federal subject of Russia (an oblast). Its administrative center is the city of Kursk. As of the 2010 Census, Kursk Oblast has a population ...
to supply greener products used to make steel amid a growing focus to clean up the industry.
Udokan Copper
In 2008 Usmanov bought the Udokan licence, which was discovered in Soviet times and proved to be one of the world's largest copper deposit. Geologists estimate there are 26.7mn tonnes of copper ore under the
JORC classification.
In 2020 Baikal Mining Company (rebranded to
Udokan copper
The Udokan Range (russian: хребет Удокан) is a mountain range in Sakha Republic (Yakutia) and Zabaykalsky Krai, Russian Federation. The nearest town is Chara.Google Earth
There is copper mining in the range at the Udokan mine, pa ...
) began strip mining at the
Udokan mine, which had been untouched since 1949 due to the site's remoteness and extreme weather conditions. The development of Udokan includes the construction of the first stage of a mining and metallurgical plant for the production of cathode copper and copper concentrate, as well as the production of up to 125,000 tpy of copper in addition to 12mn tonnes of ore.
Mail.Ru Group (rebranded to VK)
In 2008 Usmanov became acquainted with
Yuri Milner, and soon became a shareholder of
DST and VK (
Mail.ru Group).
Usmanov had 25.3% of interest in VK, and 60.6% of voting interest until he sold a $530 million stake and reduced his interests to 17.9 and 58.1% in 2013.
In 2013 Usmanov through VK acquired
Pavel Durov's shares in Vk.ru, to help Durov retain control under the
Telegram
Telegraphy is the long-distance transmission of messages where the sender uses symbolic codes, known to the recipient, rather than a physical exchange of an object bearing the message. Thus flag semaphore is a method of telegraphy, whereas ...
app when UCP claimed on Telegram.
On 2 December 2021, Usmanov's holding shares were sold to Russian insurance company
Sogaz. Usmanov said that VK involvement has largely determined the development of USM.
Megafon
Usmanov as of March 2022 was the majority shareholder of Russia's second-largest mobile telephone operator,
MegaFon.
Portfolio investments
In 2009 Facebook's founder and chief executive,
Mark Zuckerberg
Mark Elliot Zuckerberg (; born ) is an American business magnate, internet entrepreneur, and philanthropist. He is known for co-founding the social media website Facebook and its parent company Meta Platforms (formerly Facebook, Inc.), of ...
turned to Russian investors at a meeting brokered by
Goldman Sachs. Usmanov made his first investment to
Facebook
Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin ...
in 2009 by Mail.ru, investing $200 million for a 1.96% stake that valued Facebook at $10 billion. He accepted Zuckerberg's conditions and gave up the voting rights on those shares to him. Facebook's IPO in 2012 valued it several times greater and in selling his stake Usmanov won around $1 billion on it.
In 2011 the DST made an $800m investment in
Twitter
Twitter is an online social media and social networking service owned and operated by American company Twitter, Inc., on which users post and interact with 280-character-long messages known as "tweets". Registered users can post, like, and ...
.
Through Mail.Ru Group Usmanov made notable investments in other international technology companies, including
Groupon
Groupon is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 countries. Based in Chicago, Groupon was launched there in November 2008, launching soon af ...
,
Zynga
Zynga Inc. () is an American developer running social video game services. It was founded in April 2007, with headquarters in San Mateo, California. The company primarily focuses on mobile and social networking platforms. Zynga states its missio ...
,
Airbnb
Airbnb, Inc. ( ), based in San Francisco, California, operates an online marketplace focused on short-term homestays and experiences. The company acts as a broker and charges a commission from each booking. The company was founded in 2008 by ...
,
ZocDoc,
Alibaba
Ali Baba is a character from the folk tale ''Ali Baba and the Forty Thieves''.
Ali Baba or Alibaba may also refer to:
Films
* ''Ali Baba and the Forty Thieves'' (1902 film), a French film directed by Ferdinand Zecca
* ''Ali Baba'' (1940 film ...
and
360buy
JD.com, Inc., also known as Jingdong (), internationally known as Joybuy and formerly called 360buy,[ ...](_blank)
.
In 2013, he was said to have invested $100 million in
Apple
An apple is an edible fruit produced by an apple tree (''Malus domestica''). Apple trees are cultivated worldwide and are the most widely grown species in the genus '' Malus''. The tree originated in Central Asia, where its wild ances ...
. He subsequently disposed of his shares in early 2014.
The
Alibaba
Ali Baba is a character from the folk tale ''Ali Baba and the Forty Thieves''.
Ali Baba or Alibaba may also refer to:
Films
* ''Ali Baba and the Forty Thieves'' (1902 film), a French film directed by Ferdinand Zecca
* ''Ali Baba'' (1940 film ...
investment was said by Usmanov to be up 500% in late 2014. The Facebook investment Usmanov implied he had sold, saying "I admire Facebook, but I said 'arrivederci' Facebook". At the same time, he said he had made an investment in "Chinese low-cost smartphone maker
Xiaomi
Corporation (; ), commonly known as Xiaomi and registered as Xiaomi Inc., is a Chinese designer and manufacturer of consumer electronics and related software, home appliances, and household items. Behind Samsung, it is the second largest m ...
", saying it is a "future technology giant", and that he is looking to invest in India, particularly the online trade sector.
In September 2018, it was reported that Mail.ru would enter into a $2 billion joint venture with Alibaba Group Holding Ltd. The agreement would merge the online marketplaces of both companies in the Russian market and was backed by the Kremlin via the
Russian Direct Investment Fund.
Kommersant and media firms
In August 2006, Usmanov began to invest in media. He bought ''
Kommersant
''Kommersant'' (russian: Коммерсантъ, , ''The Businessman'' or Commerce Man, often shortened to Ъ) is a nationally distributed daily newspaper published in Russia mostly devoted to politics and business. The TNS Media and NRS Russi ...
'', a newspaper formerly owned by Russian oligarch
Boris Berezovsky,
for US$200 million. Usmanov also made a $25 million purchase of a 50% stake in Russian sports TV channel
7TV in November 2006 and bought 75% of Russian TV music channel
Muz-TV
Muz-TV (russian: Муз-ТВ, from Музыкальное телевидение - Music Television) is a Russian music TV channel, broadcasting since 1996. It is largely modelled after western MTV and predates launching of MTV Russia in 1998. ...
for $300 million in June 2007. Usmanov was a co-owner of the media holding company UTH, which holds 51% of Disney Russia and 100% of Muz TV and U television channels.
He sold his TV assets to his business-partner Ivan Tavrin in 2017.
Sport-related activities
Arsenal F.C.
Usmanov was a shareholder of the English football team
Arsenal
An arsenal is a place where arms and ammunition are made, maintained and repaired, stored, or issued, in any combination, whether privately or publicly owned. Arsenal and armoury (British English) or armory (American English) are mostly ...
from 2007 to 2018. He moved into the
football arena in August 2007 by acquiring a 14.58% stake in Arsenal. He and his business partner
Farhad Moshiri
Farhad Moshiri ( fa, اردوان فرهاد ﻣﺸﻴﺮى; born 18 May 1955) is a British-Iranian businessman based in Monaco. He is the chairman and a shareholder of USM, a diversified Russian holding company with significant interests acros ...
bought the stake in the club owned by former Arsenal vice-chairman
David Dein for £75 million. Dein was appointed head of their
investment vehicle, Red and White Holdings, which became the largest shareholder in the club outside of members of the board of directors.
On 28 September 2007, Red and White Holdings increased its shareholding to 23%, making it the second-largest shareholder in the club behind Arsenal non-executive director
Danny Fiszman. On 15 February 2008, he increased it to over 24%, just short of Fiszman's 24.11%. He increased it to 25% on 16 February 2009. Red and White Holdings confirmed that it was the club's largest shareholder, and the company said it "has the necessary funding to increase its stake further
utit has no current intention to make a full takeover bid for Arsenal for six months." If the stake were to reach 30%, Red and White Holdings would have to launch a formal takeover.
Usmanov's interest precipitated a "lock-down" agreement by the
Gunners' board, whereby chairman
Peter Hill-Wood announced that club directors could sell their stakes only to "permitted persons" before April 2009, and had to give fellow board members "first option" on shares until October 2012.
"The lockdown ... makes us bullet-proof," said then Arsenal managing director Keith Edelman.
American businessman
Stan Kroenke, already a major Arsenal shareholder, increased his stake in the club to just over 62% in April 2011 after buying out Fiszman and
Lady Bracewell-Smith, making him the majority shareholder. As Kroenke's stake had risen above 30%, he was obliged to make an offer to buy out the remainder of Arsenal shares. Usmanov refused to sell, however, and maintained his stake.
Usmanov increased his Arsenal share beyond 29% in June 2011. He then purchased shares held by Scottish football club
Rangers
A Ranger is typically someone in a military/paramilitary or law enforcement role specializing in patrolling a given territory, called “ranging”. The term most often refers to:
* Park ranger or forest ranger, a person charged with protecting and ...
in February 2012. As of October 2013, he owned over 30% of the club. Usmanov criticized Arsenal's lack of ambition and financial model in an open letter sent to the board on 5 July 2012.
He asserted that he had no intention of selling his shares.
On 7 August 2018, however, Usmanov accepted a bid of £550m for his shares at Arsenal. He sold his shares in 2018 to Kroenke.
Everton F.C.
In January 2017, Usmanov's holding company, USM, entered a five-year, $15 million+ deal with
Everton F.C.
Everton Football Club () is an English professional association football club based in Liverpool that competes in the Premier League, the top tier of English football. The club was a founder member of the Football League in 1888 and has compe ...
for the naming rights of the club's training ground,
Finch Farm. Usmanov's accountant and partner in USM holdings is
Farhad Moshiri
Farhad Moshiri ( fa, اردوان فرهاد ﻣﺸﻴﺮى; born 18 May 1955) is a British-Iranian businessman based in Monaco. He is the chairman and a shareholder of USM, a diversified Russian holding company with significant interests acros ...
, the current majority shareholder of Everton, and former co-owner of Usmanov's Arsenal shares, Red and White holdings. In 2019 Megafon became the sleeve sponsor for the men's training wear of
Everton and its official matchday presenting partner. In 2020 MegaFon expanded their commercial agreement with Everton to become the main sponsor of the women's team.
In March 2022, Everton suspended its sponsorship ties with USM and MegaFon in light of the Russian invasion of Ukraine.
International Fencing Federation (FIE)
A former
sabre fencer
The sabre (US English: ''saber'', both pronounced ) is one of the three disciplines of modern fencing. The sabre weapon is for thrusting and cutting with both the cutting edge and the back of the blade (unlike other modern fencing weapons, the ...
for the former
Uzbek Soviet Socialist Republic
Uzbekistan (, ) is the common English language, English name for the Uzbek Soviet Socialist Republic (Uzbek SSR; uz, Ўзбекистон Совет Социалистик Республикаси, Oʻzbekiston Sovet Sotsialistik Respublikasi, ...
,
Usmanov supported the promotion of fencing through his charity fund "For the Future of Fencing", created in 2004.
He was president of the
Russian Fencing Federation from 2001 to 2009. He was concurrently president of the
European Fencing Confederation from 2005 to 2009.
He was elected president of the
International Fencing Federation in 2008 with 66 votes, to 61 for incumbent president René Roch. He was re-elected in 2012 and 2016. In 2021 he was re-elected by acclamation to a fourth term, for which he was congratulated by Vladimir Putin.
In that position, Usmanov implemented a number of initiatives, including the expansion of the Olympic fencing programme to 12 disciplines.
On 28 February 2022, in reaction to the
2022 Russian invasion of Ukraine, the
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been ...
blacklisted Usmanov, imposing an EU-wide travel ban on him and freezing all of his assets. The EU stated: "He has been referred to as one of Vladimir Putin's favourite oligarchs." Following the imposition of the sanctions on him, he announced on 1 March 2022, in an accusatory letter, that he was stepping down as FIE President.
Other
In February 2008, Metalloinvest became sponsor of
Dinamo Moscow, a football team in Russia's capital. His Metalloinvest group's name replaced the
Xerox
Xerox Holdings Corporation (; also known simply as Xerox) is an American corporation that sells print and digital document products and services in more than 160 countries. Xerox is headquartered in Norwalk, Connecticut (having moved from St ...
Corporation's on its players' shirts as part of the $7 million deal.
Usmanov was a member of the Councils of the 2014 Sochi XXII Olympic Winter Games and XI Paralympic Winter Games. He is also a member of the Board of Trustees of the Russian Olympian Sportsmen Support Fund.
In 2015 it was announced that USM invested the equivalent of US$100 million in the Eastern European eSports team
Virtus.pro.
Controversies
Suppression of online criticism
On 2 September 2007,
Craig Murray, the former British ambassador to
Uzbekistan
Uzbekistan (, ; uz, Ozbekiston, italic=yes / , ; russian: Узбекистан), officially the Republic of Uzbekistan ( uz, Ozbekiston Respublikasi, italic=yes / ; russian: Республика Узбекистан), is a doubly landlocked co ...
referred to Usmanov's criminal conviction,
claiming that Usmanov "was in no sense a political prisoner, but a gangster and racketeer who rightly did six years in jail"
and his pardon was the work of Uzbekistan President
Islam Karimov
Islam Abduganiyevich Karimov ( uz, Islom Abdugʻaniyevich Karimov / Ислом Абдуғаниевич Каримов, italics=no; russian: link=no, Ислам Абдуганиевич Каримов; 30 January 1938 – 2 September 2016) was t ...
on the instructions of Uzbekistani power broker and alleged drug trafficker
Gafur Rakhimov. In the face of libel threats from Usmanov's lawyers Schillings, some media had to apologize for publishing them. Murray persists in the allegation. The article was subsequently removed by Murray's
web host, allegedly under pressure from Usmanov's legal team, London's
Schillings
Schillings (originally Schilling & Lom) is an international reputation and privacy consultancy staffed by reputation, privacy and family lawyers, risk consulting, cyber security and intelligence specialists. The company is an Alternative Busin ...
law firm.
However, what followed was that Schillings contacted independent blogs and websites warning them to remove any references to Murray's allegations, and any reproduction of the blog posting.
UK
Indymedia
The Independent Media Center, better known as Indymedia, is an open publishing network of activist journalist collectives that report on political and social issues. Following beginnings during the 1999 Carnival Against Capital and 1999 Seattl ...
reported that they were one of the sites that had been issued with a take down notice on 10 September 2007 and again on 21 September.
On 20 September 2007, Bloggerheads.com, the weblog of
Tim Ireland
Timothy Neal Christopher Ireland is a former professional baseball player. He played parts of two seasons in Major League Baseball for the Kansas City Royals, appearing in 11 games in 1981 and 1982. He has also managed 12 seasons at various levels ...
, was taken down for reproducing Murray's article, incidentally causing the loss of other blogs belonging to the
MP Boris Johnson
Alexander Boris de Pfeffel Johnson (; born 19 June 1964) is a British politician, writer and journalist who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from 2019 to 2022. He previously served as F ...
and
councillor
A councillor is an elected representative for a local government council in some countries.
Canada
Due to the control that the provinces have over their municipal governments, terms that councillors serve vary from province to province. Unl ...
Bob Piper – none of which themselves had reproduced the article.
Kommersant
On 12 December 2011, following the
2011 Russian protests regarding vote-rigging in parliamentary elections, the weekly ''Kommersant Vlast'' magazine ran an unflattering issue on
Vladimir Putin
Vladimir Vladimirovich Putin; (born 7 October 1952) is a Russian politician and former intelligence officer who holds the office of president of Russia. Putin has served continuously as president or prime minister since 1999: as prime m ...
titled "Victory of United ballot-stuffers" – a pun on Putin's
United Russia
United Russia ( rus, Единая Россия, Yedinaya Rossiya, (j)ɪˈdʲinəjə rɐˈsʲijə) is a Conservatism in Russia, Russian conservative List of political parties in Russia, political party. As the largest party in Russia, it hold ...
party.
[''Russia media managers fired "over anti-Putin pictures"''](_blank)
, BBC (13 December 2011) Usmanov sacked the editor, Maxim Kovalsky, and the head of the publisher's holding company, Andrei Galiyev, saying there had been an "ethical breach" and that the issue "bordered on petty hooliganism".
The controversy surrounded an image of a ballot paper from the parliamentary vote with the words "Putin, go fuck yourself" scrawled in red ink. The caption read: "A correctly filled out ballot recognized as invalid." Demyan Kudryavtsev, the head of the ''Kommersant'' publishing house, assumed responsibility by resigning, stating in a blog post that the magazine issue had been "in violation of internal procedures, professional journalistic standards and the Russian law".
[''Russian journalists condemn 'gag' after Putin story''](_blank)
, BBC (14 December 2011)
Nadezhda Azhgihina, executive secretary of the Russian Union of Journalists, was shocked by the incident, calling it "a clear example of censorship from the owner".
On 14 December 60 journalists from the ''Kommersant'' newspaper signed an open letter to Usmanov, saying, "We are being compelled to be cowards, which is unworthy and unproductive...We regard
ovalsky'sdismissal as an act of intimidation aimed at preventing any critical words about Vladimir Putin...We take particular offense at the attempt to present the dismissal of a man for his professional position as a fight for the purity of the Russian language. This is the same kind of fabrication that offended people at the election."
Usmanov responded that emotionally, he could "understand the journalists speaking up for sacked top managers" but that "''Kommersant Vlast'' is a respectable, independent, socio-political publication."
Mikhail Prokhorov
Mikhail Dmitrievich Prokhorov ( rus, Михаил Дмитриевич Прохоров, p=mʲɪxɐˈil ˈdmʲitrʲɪjɪvʲɪtɕ ˈproxərəf; born 3 May 1965) is a Russian-Israeli oligarch, politician, and former owner of the Brooklyn Nets. I ...
, who had announced his candidacy for the 2012 presidential election, offered to buy ''Kommersant'' on the same day, but Usmanov rejected the offer.
English Wikipedia
On 12 November 2012, the British newspaper ''
The Times
''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper '' The Sunday Times'' ...
'' reported that Usmanov had hired a London-based
PR firm,
RLM Finsbury
FGS Global is a strategic advisory and communications consultancy formed in 2021 by the merger of Finsbury Glover Hering and Sard Verbinnen & Co. It is a subsidiary of British advertising and media conglomerate WPP plc.
History
Finsbury was fo ...
, that edited Usmanov's article on the online encyclopedia
English Wikipedia
The English Wikipedia is, along with the Simple English Wikipedia, one of two English-language editions of Wikipedia, an online encyclopedia. It was founded on January 15, 2001, as Wikipedia's first edition, and, as of
, has the most arti ...
to remove information on Usmanov's criminal convictions and later controversies surrounding their client.
The discovery caused significant backlash among the PR professionals in the UK, with the
CEO of the
Chartered Institute of Public Relations stressing that "public relations professionals should not directly edit Wikipedia for a client or employer". The PR firm acknowledged their actions and stated that they had acted without the authorisation of their client.
The information was said to have been removed in expectation of the stock market listing of
MegaFon, which is controlled by Usmanov.
Corruption allegations
U.S. Senators
Marco Rubio
Marco Antonio Rubio (born May 28, 1971) is an American politician and lawyer serving as the senior United States senator from Florida, a seat he has held since 2011. A member of the Republican Party, he served as Speaker of the Florida House ...
,
Roger Wicker
Roger Frederick Wicker (born July 5, 1951) is an American attorney and politician serving as the Seniority in the United States Senate, senior United States Senate, United States senator from Mississippi, in office since 2007. A member of the Re ...
,
Lindsey Graham
Lindsey Olin Graham (born July 9, 1955) is an American lawyer and politician serving as the senior United States senator from South Carolina, a seat he has held since 2003. A member of the Republican Party, Graham chaired the Senate Committee ...
, and
Cory Gardner called on the former Trump administration to sanction Usmanov over what they allege is his corruption and bribery of Russian government officials.
Sanctions
On 28 February 2022, in reaction to the
2022 Russian invasion of Ukraine, the
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been ...
blacklisted Usmanov, imposing an EU-wide travel ban on him and freezing all his assets. On 3 March, the United States imposed similar sanctions on him, with some exceptions for his companies. Usmanov was named in the ''
Official Journal of the European Union
An official is someone who holds an office (function or mandate, regardless whether it carries an actual working space with it) in an organization or government and participates in the exercise of authority, (either their own or that of their s ...
'', the publication of record of the EU, as a "pro-Kremlin oligarch with particularly close ties to Russian President Vladimir Putin
ho isone of Vladimir Putin's favorite oligarchs."
In March 2022, the
German federal government set up a task force to track down oligarch funds in Germany. Several ministries and authorities are involved, from the Ministry of Economics and Finance, the financial supervisory authority
BaFin
The Federal Financial Supervisory Authority (german: Bundesanstalt für Finanzdienstleistungsaufsicht, Bundesanstalt für Finanzdienstleistungsaufsicht) better known by its abbreviation BaFin is the financial regulatory authority for Germany. It ...
, the
Federal Criminal Police Office, customs and the
Federal Intelligence Service
The Federal Intelligence Service (German: ; , BND) is the foreign intelligence agency of Germany, directly subordinate to the Chancellor's Office. The BND headquarters is located in central Berlin and is the world's largest intelligence headq ...
(BND). Authorities of this task force have been looking for Usmanov's property and assets that could be frozen and secured. Several villas on the Bavarian
Tegernsee
Tegernsee is a town in the Miesbach district of Bavaria, Germany. It is located on the shore of Lake Tegernsee, which is 747 m (2,451 ft) above sea level. A spa town, it is surrounded by an alpine landscape of Upper Bavaria, and has a ...
are said to belong to the oligarch. The German
Federal Criminal Police Office is said to have come across 36 offshore companies and 90 suspicious money laundering reports in connection with Usmanov alone.
Usmanov's sister, Ismailova, was legally the owner of the super-yacht "
Dilbar". The ship was confiscated in Hamburg. Another sister of the oligarch is also on the EU sanctions list. According to data from "
Suisse Secrets
Suisse secrets was a February 2022 leak of details of more than CHF 100 billion (roughly US$108.5bn, €95.5bn or £80bn) held in nominee accounts linked to over 30,000 clients of Credit Suisse, the largest ever leak from a major Swiss bank.
...
", the gynecologist Saodat Narzieva is said to have been the beneficial owner of up to 27 accounts at the major Swiss bank
Credit Suisse
Credit Suisse Group AG is a global Investment banking, investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all Financial centre, major financial centers around the w ...
.
In November it was reported that the Uzbek government had lobbied the EU to lift sanctions on Usmanov, stating that the sanctions were restricting his ability to invest in his home nation.
Personal life
Usmanov has no biological children. He has a stepson with his wife
Irina Viner. The stepson is a real-estate investor, currently constructing 30 real estate projects.
Usmanov owns the Grade I listed Tudor mansion
Sutton Place Sutton Place may refer to:
Canada
* Sutton Place Hotel, a former hotel in Toronto, Ontario
* The Sutton Place, a hotel in Vancouver, British Columbia
England
* Sutton Place, Hackney, a Georgian terrace in London
* Sutton Place, Surrey, a country ...
set in in Surrey, which he bought for £10 million in 2004. In 2012, it was claimed by businessman
Boris Berezovsky that Usmanov was given Sutton Place as part of a business deal, a claim that Usmanov denied.
In 2008, Usmanov bought
Beechwood House, a Grade II listed Regency property in of grounds in the London suburb of
Highgate
Highgate ( ) is a suburban area of north London at the northeastern corner of Hampstead Heath, north-northwest of Charing Cross.
Highgate is one of the most expensive London suburbs in which to live. It has two active conservation organis ...
from the Qatari sheikh
Hamad bin Khalifa Al Thani
Sheikh Hamad bin Khalifa bin Hamad bin Abdullah bin Jassim bin Mohammed Al Thani ( ar, حمد بن خليفة الثاني; born 1 January 1952) is a member of the ruling Al Thani Qatari royal family. He was the ruling Emir of Qatar from 1995 ...
for £48 million.
Usmanov also owns a property in Moscow and a villa on the Italian island of Sardinia.
Wealth
Usmanov is estimated to be among the world's 100 wealthiest individuals.
Data in leaks such as the
Suisse Secrets
Suisse secrets was a February 2022 leak of details of more than CHF 100 billion (roughly US$108.5bn, €95.5bn or £80bn) held in nominee accounts linked to over 30,000 clients of Credit Suisse, the largest ever leak from a major Swiss bank.
...
, the
Panama Papers
The Panama Papers ( es, Papeles de Panamá) are 11.5 million leaked documents (or 2.6 terabytes of data) that were published beginning on April 3, 2016. The papers detail financial and attorney–client information for more than 214,488 ...
, and FinCEN Files, shows that his wealth is held through an elaborate network of shell companies and trusts, as well as dispersal of his assets to relatives.
His sister Saodat Narzieva owns 27
Swiss bank accounts through which billions of dollars pass. One of the accounts held over $2.1 billion in 2011.
Usmanov has owned three
luxury yachts
A superyacht or megayacht is a large and luxurious pleasure vessel. There are no official or agreed upon definitions for such yachts, but these terms are regularly used to describe professionally crewed motor or sailing yachts, ranging from to ...
named ''Dilbar,'' after his mother. In 2005 he took delivery of the first ''Dilbar'' (now
''Luna B) from
Oceanco
Oceanco is a privately owned custom yacht builder, based in the Netherlands, that builds full displacement yachts in the range since 1987. It is owned by Mohammed Al Barwani, an Omani billionaire.
History
Oceanco came into existence in 1987, wh ...
at a reported cost of $60 million. A second ''Dilbar'' (now
''Al Raya'') was delivered by
Lürssen in 2008 at a reported cost of $250 million. As of 2019 it was the 38th largest motor yacht by length, measuring 110.0 m (361 ft). In 2015 Usmanov commissioned the third ''
Dilbar'', the current largest yacht in the world by gross tonnage (15,917 gt) and the 6th largest yacht by length measuring 156.0 m (512 ft). It is reported to have cost $800 million, employ 84 full-time crew members, and contain the largest indoor swimming pool installed on a superyacht at 180 cubic metres. After taking delivery of the second ''Dilbar'', Usmanov renamed the original ''Ona'' and sold it in 2010. He later repeated that process when the second ''Dilbar'' was renamed ''Ona'' and was sold to a middle-eastern buyer in 2018. On 2 March 2022, German authorities seized ''Dilbar'' in
Hamburg
Hamburg (, ; nds, label=Hamburg German, Low Saxon, Hamborg ), officially the Free and Hanseatic City of Hamburg (german: Freie und Hansestadt Hamburg; nds, label=Low Saxon, Friee un Hansestadt Hamborg),. is the List of cities in Germany by popul ...
as part of sanctions against Usmanov stemming from the
2022 Russian Invasion of Ukraine. On April 15, 2022, the yacht was frozen by Germany after investigations regarding its ownership revealed that ''Dilbar'' belong to Usmanov's sister, who was also sanctioned.
According to the ''Index'', Usmanov's net worth fell by nearly a quarter from February 22 to March 15, 2022, as the West imposed sanctions following the 2022 Russian invasion of Ukraine.
Philanthropy
In 2021, ''
The Sunday Times
''The Sunday Times'' is a British newspaper whose circulation makes it the largest in Britain's quality press market category. It was founded in 1821 as ''The New Observer''. It is published by Times Newspapers Ltd, a subsidiary of News UK, wh ...
'' named Usmanov the most generous philanthropist on its Rich List, donating more than £4.2 billion to charity personally and by his businesses over the 20-year history of The Sunday Times Giving List. In 2012, Russian Forbes named Usmanov Philanthropist of the Year. In 2006 Usmanov founded "Art, Science and Sport" Charity Fund. The Fund is in close cooperation with London's
Tate Britain
Tate Britain, known from 1897 to 1932 as the National Gallery of British Art and from 1932 to 2000 as the Tate Gallery, is an art museum on Millbank in the City of Westminster in London, England. It is part of the Tate network of galleries in E ...
. Together they carried out several projects in Russia such as the
Turner exhibition in 2009
and the
Pre-Raphaelites
The Pre-Raphaelite Brotherhood (later known as the Pre-Raphaelites) was a group of English painters, poets, and art critics, founded in 1848 by William Holman Hunt, John Everett Millais, Dante Gabriel Rossetti, William Michael Rossetti, Jam ...
exhibition in 2013.
Usmanov is a Trustee for a range of social, educational and cultural organisations, including the
Russian Geographical Society
The Russian Geographical Society (russian: Ру́сское географи́ческое о́бщество «РГО»), or RGO, is a learned society based in Saint Petersburg, Russia. It promotes geography, exploration and nature protection wi ...
,
,
National Research University Higher School of Economics, and the
European University at St Petersburg
The European University at Saint Petersburg (russian: Европейский университет в Санкт-Петербурге), sometimes referred to as EUSP, is a non-state graduate university located in Saint Petersburg, Russia. It was ...
.
In 2015 he donated €1.5 million toward the restoration of Rome's
Basilica Ulpia
The Basilica Ulpia was an ancient Roman civic building located in the Forum of Trajan. The Basilica Ulpia separates the temple from the main courtyard in the Forum of Trajan with the Trajan's Column to the northwest. It was named after Roman e ...
.
In February 2020, it was revealed Usmanov purchased
's original 1892 Olympic Manifesto for $8.8 million. He then donated it to the
Olympic Museum
The Olympic Museum (french: Musée olympique) in Lausanne, Switzerland houses permanent and temporary exhibits relating to sport and the Olympic movement. With more than 10,000 artifacts, the museum is the largest archive of Olympic Games in the ...
. The manifesto has become the world's most expensive piece of sports memorabilia. Two years in a row, in 2020 and 2021, Usmanov topped the list of contributors to the fight against
COVID-19
Coronavirus disease 2019 (COVID-19) is a contagious disease caused by a virus, the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first known case was identified in Wuhan, China, in December 2019. The disease quickl ...
among the participants of ''
The Sunday Times
''The Sunday Times'' is a British newspaper whose circulation makes it the largest in Britain's quality press market category. It was founded in 1821 as ''The New Observer''. It is published by Times Newspapers Ltd, a subsidiary of News UK, wh ...
''
Rich List with donations Russia, Uzbekistan and Italy of £134.2 m. In 2020 Usmanov said in an interview with the ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikke ...
'' that he will leave his assets to his family and USM management: "Many people have helped me. So I want to help my family and my management by giving them my shares. Fifty per cent to family, fifty per cent to management, who deserve this, in my view".
On 17 September 2007, Usmanov paid more than £20 million for an art collection owned by the late Russian cellist
Mstislav Rostropovich
Mstislav Leopoldovich Rostropovich, (27 March 192727 April 2007) was a Russian cellist and conductor. He is considered by many to be the greatest cellist of the 20th century. In addition to his interpretations and technique, he was well ...
, days before it was to be auctioned by
Sotheby's
Sotheby's () is a British-founded American multinational corporation with headquarters in New York City. It is one of the world's largest brokers of fine and decorative art, jewellery, and collectibles. It has 80 locations in 40 countries, an ...
in London. He gave all the artwork to the Russian state, where it is housed in the
Konstantinovsky Palace near St. Petersburg. Later that same month he purchased the rights to a large collection of Soviet cartoons, which for fifteen years had been owned by Russian-born actor
Oleg Vidov
Oleg Borisovich Vidov (russian: Олег Борисович Видов; June 11, 1943 – May 15, 2017) was a Soviet Russian American actor, film director and producer. He appeared in 50 films beginning in 1961. A refugee from his native Sovie ...
, who emigrated to the United States in 1985. After the deal, valued at $5–10 million, Usmanov donated the cartoon collection to a newly formed Russian children's television channel.
According to presidential decree No. 365 of 17 March 2004, Usmanov was awarded with a Medal of Honor of Russia.
In 2011, Usmanov received the Order of Friendship of the Republic of Kazakhstan. In 2013, he was awarded the
Order for Service to the Fatherland IV class in recognition of his services to the state, as well as his community and charitable activities. In the same year, he was awarded a medal 'For contribution to international cooperation' by the Foreign Ministry of Russia. In 2014, Usmanov received the
Order of Alexander Nevsky
The Order of Alexander Nevsky ( ''orden Alexandra Nevskogo'') is an order of merit of the Russian Federation named in honour of saint Alexander Nevsky (1220–1263) and bestowed to civil servants for twenty years or more of highly meritorious s ...
for his community and charitable activities.
In 2016 he received The Decoration "For Beneficence" for his contribution to charitable and social activities in Russia. The same year Usmanov received the Al-Fahr Order for his great contribution to the revival of Islam in Russia. In 2018 Usmanov received the Order "For Merit to the Fatherland" 3rd class.
On 4 December 2014, Usmanov paid $4.8m for Dr
James Watson
James Dewey Watson (born April 6, 1928) is an American molecular biologist, geneticist, and zoologist. In 1953, he co-authored with Francis Crick the academic paper proposing the double helix structure of the DNA molecule. Watson, Crick and ...
's Nobel Prize Medal in Physiology or Medicine, which was auctioned at Christie's in New York City. Watson was selling his prize to raise money to support scientific research. After auctions fees, Watson received $4.1m. Usmanov subsequently returned the medal to Watson, stating "in my opinion, a situation in which an outstanding scientist sells a medal recognizing his achievements is unacceptable. Watson's work contributed to cancer research, the illness from which my father died. It is important for me that the money that I spent on this medal will go to supporting scientific research, and the medal will stay with the person who deserved it."
See also
*
List of Russian billionaires
*
Russian oligarchs
Russian oligarchs ( Russian: олигархи, romanized: ''oligarkhi'') are business oligarchs of the former Soviet republics who rapidly accumulated wealth in the 1990s via the Russian privatisation that followed the dissolution of the So ...
*
List of people and organizations sanctioned during the Russo-Ukrainian War
References
External links
Russian Capitalist Wiki ProfileUsmanov's profile and assets on Russian Asset Tracker
{{DEFAULTSORT:Usmanov, Alisher
1953 births
Living people
People from Namangan Region
Moscow State Institute of International Relations alumni
Prisoners and detainees of the Soviet Union
Uzbekistani businesspeople
Russian oligarchs
Russian mass media owners
Russian newspaper publishers (people)
Russian people of Uzbek descent
Uzbekistani prisoners and detainees
Russian billionaires
Russian Muslims
Russian philanthropists
Russian football chairmen and investors
FC Dynamo Moscow
Arsenal F.C. directors and chairmen
Financial University under the Government of the Russian Federation alumni
Russian mining businesspeople
Russian businesspeople in the United Kingdom
People named in the Paradise Papers
Russian individuals subject to the U.S. Department of the Treasury sanctions
Russian individuals subject to the European Union sanctions
Specially Designated Nationals and Blocked Persons List
Russian individuals subject to United Kingdom sanctions