Yevgeny Prigozhin Net Worth: Yevgeny Prigozhin Net WorthYevgeny Prigozhin is one of the world’s most enigmatic individuals. Examining his finances reveals a narrative of wealth that has sparked both controversy and intrigue. As a prominent Russian businessman and entrepreneur, Prigozhin’s net worth reflects the variety of enterprises he has operated, including catering, media, and military operations.
Prigozhin has connections to the Russian government and is well-known worldwide. His wealth demonstrates how intertwined commerce, politics, and power are on a global scale.
Yevgeny Prigozhin Net Worth
Not all of Yevgeny Prigozhin’s estimated $1 billion empire consisted of conventional industries. In addition to his business interests, he had amassed a large collection of costly possessions, including a large yacht and a high-end private plane. He allegedly benefited from the natural resources of other nations and backed unstable regimes.
Several fragile and war-torn African and Middle Eastern nations were served by the security services of the Wagner Group, according to an investigation by the Financial Times.
According to the report, firms purportedly associated with Prigozhin earned $250 million from natural resources in these countries in the four years anterior to Russia’s invasion of Ukraine.
In addition to stealing diamonds, gold, oil, and gas from nations where they conduct business, it is believed that Wagner Group receives direct payment from corrupt administrations.
Biography of Yevgeny Prigozin
Russian magnate and leader of the Wagner private military organisation Yevgeny Viktorovich Prigozhin lived from 1 June 1961 to 23 August 2023. He was a trusted confidant of Russian President Vladimir Putin until June 2023.
Prigozhin ran restaurants and caterers that served the Kremlin, garnering him the moniker “Putin’s chef.” According to a 2022 investigation, Prigozhin, a former Soviet prisoner, oversaw a network of significant enterprises whose operations were “tightly integrated with Russia’s Defence Ministry and its intelligence arm, the GRU.”
Prigozhin reportedly founded the Wagner Group in 2014 in order to aid pro-Russian paramilitaries in Ukraine. It was backed by Russian interests in Syria and Africa and funded by the Russian government, which also played a significant role in Russia’s invasion of Ukraine.
In November 2022, Prigozhin confirmed that his companies interfered with American electoral processes. In February 2023, he admitted to being the founder and longstanding manager of the Internet Research Agency, a Russian company tasked with conducting internet disinformation and propaganda campaigns.
Yevgeny Prigozhin Death Cause
The Russian emergency ministry reports that Prigozhin died in an aircraft crash on August 23, 2023. The jet was travelling from Moscow to Saint Petersburg when it crashed, killing all ten persons on board.
According to the Russian state-run news agency TASS, Prigozhin was a passenger on the flight. Prigozhin’s press secretary refused to affirm that he was aboard the aircraft.
However, a Telegram account associated with Wagner alleged the aircraft was shot down by Russian air defences over Tver Oblast. This claim was contested because the publicly available video contained no discernible missile traces.
In numerous locations, candles, flowers, Wagner flags, and sledgehammers were used to construct impromptu memorials for Prigozhin and Utkin, a reference to the execution method Wagner employed against deserters. Videos of Wagner soldiers weeping in front of a memorial went viral.
Yevgeny Prigozhin’s Personal Life
Prigozhin married chemist and industrialist Lyubov Valentinovna Prigozhina. She owns a chain of quaint stores in Saint Petersburg known as the Chocolate Museum. She opened the Crystal Spa & Lounge on Zhukovsky Street in Saint Petersburg in 2012; it is a day spa that won third place for the Perfect Urban Day Spa in 2013.
She owns a spa in the Leningrad region as well as the Crystal Spa & Residence, a boutique hotel that won the 2013 Perfect Spa Project award. She is the proprietor of the New Technologies SPA LLC, which is located on plot 1 of Granichnaya Street in Lakhta Park, Sestroretsk, Kurortny District, Saint Petersburg. She also controls Agat, a Concord group company.
Yevgeny Prigoghin’s Profession
After being released from prison in 1990, Prigozhin began peddling hot dogs at the Apraksin Dvor outdoor market in Leningrad with his mother and stepfather.
According to an interview he gave to The New York Times, “the rubles were piling up faster than his mother could count them” After the fall of the Soviet Union, Prigozhin adopted the prevailing entrepreneurial spirit and founded or joined numerous new businesses.
From 1991 to 1997, Prigozhin was actively immersed in the grocery store industry. His former classmate Boris Spektor created the first grocery store chain in Saint Petersburg and recruited him as manager and a 15 percent shareholder.
Approximately at the same time, Prigozhin entered the wagering business. Spektor and Igor Gorbenko appointed Prigozhin as CEO of Spectrum CJSC, which established the first casinos in Saint Petersburg.
Throughout the 1990s, these three individuals established a large number of businesses in a variety of industries, including construction, market research, and international commerce.
Novaya Gazeta speculates that this was possibly the first time Prigozhin and Putin had interacted, given that Putin had served as chairman of the board of casino and gambling supervisors since 1991.
