Mikhail Gutseriev

In 2021, following 2020–2021 Belarusian protests, Gutseriev was sanctioned by the European Union and the United Kingdom for his long-standing support and friendship with Belarusian President Alexander Lukashenko.

After the European Union introduced sanctions against Gutseriev in 2021, he resigned from the board of directors of RussNeft, and sold control in Neftisa to his younger brother Sait-Salam.

In January and February 2020, during another “oil conflict” between Minsk and Moscow, Gutseriev's oil companies were the only companies which, before signing contracts with major suppliers, ensured the sale of Russian oil to Belarus. At the same time, the volume of supplies was about 500 thous. tons per month, which accounted for 25% of the total volume of oil supplies to Belarus. At the same time, in order to maintain the balance of oil products and the needs of the population, in addition to Gutseriev's companies, oil was supplied to Belarus by the Azerbaijani state company SOCAR, the national oil company of Saudi Arabia Saudi Aramco, and mining companies in Norway. US Secretary of State Michael Popmeo at a meeting with President of Belarus A. Lukashenko said that the United States is ready to fully meet the country's needs in raw materials.

In 2020 during the pandemic Gutseriev offered Moscow authorities the use of his hotels to fight the coronavirus.

In July 2017, the construction of the plant started.

In February 2015, bearing in mind massive expansion of the business of the two of his major oil companies JSC RussNeft and JSC Neftisa, he became the chairman of the board of directors both companies, having focused on the strategic management of his assets.

Development of industrial companies owned by Gutseriev allowed purchasing new assets leading to business great diversification. With the pursue of efficient management of the assets portfolio, the businessman established AO Safmar Group, a managing company. Gutseriev became a head of the Group's Board who defines the development strategy of the holding. Within the period from 2015 to 2020 Safmar was joined by large electronic retailers M.Video and Eldorado, coal mining enterprises Kuzbasskaya Toplivnaya Company, Krasnoyarskrayugol, etc., oil companies (Sladkovsko-Zarechnoye located in Orenburg region), refineries (Afipsky Refinery), a number of construction and development holdings (A101), major logistics operators (MLP, etc.), non-government pension funds, leasing and insurance companies.

In the summer of 2013 Mikhail Gutseriev once again became the sole owner of JSC RussNeft.

In June 2012 he acquired broadcasting stations "Просто Радио" (Moscow, 94 FM) and "Dobriye Pesni" (Moscow, 94.4 FM) from Alexander Lebedev. In January 2013 it became known that 75% of the shares of Krutoy Media Holding (Love Radio, Radio Dacha and Taxi FM) were purchased by Gutseriev while the remaining 25% were kept by Igor Krutoy. In November 2013 he acquired Finam FM Broadcasting station (Moscow, 99.6 FM), which together with"Vostok FM" and "Vesna FM" formed Izyum Holding. In January 2017 Mikhail Gutseriev became an owner of Bridge Media Group, one of the largest television holdings of the country that includes number of the popular music channels.

In 2011, Gutseriev's Slavkali company signed an investment agreement with the government of Belarus, according to which $2 billion was to be invested in the construction of Nezhinsky MPP at a potassium site near the city of Lyuban, 150 km from Minsk. The agreement also provides commitments to invest $250 million into social and economic infrastructure projects of Belarus, some of which, worth $180 million, have already been implemented: the Renaissance hotel, managed by the American company Marriott, the office center, business aviation terminal in major airport and Krasnoselskoye recreation estate for personal needs and recreation of employees.

Near the end of October 2010, the Investigative Committee varied the preventive measure for Gutseriev from arrest in absentia on undertaking not to leave his usual place of residence.

In January 2010 Gutseriev regained his control over the 100% of the oil company. By the mid-April 2010 all the charges against Gutseriev were dropped, the criminal cases were dismissed. In April 2010 it was announced that Gutseriev has sold 49% of the company to Joint-Stock Financial Corporation Sistema and 2% more to Sberbank of Russia.

On 7 May 2010, Gutseriev came back to Russia in order to visit the tombs of his parents and son.

In 2010 Gutseriev became the key player in the broadcasting market of the Russian Federation, owning a total of eight Media and Radio stations.

In the end of July 2007 Gutseriev in an open letter announced that authorities made an unprecedented pressure on him, and he was forced to sell RussNeft to the Basic Element holding, owned by loyal to the Kremlin Oleg Deripaska. Gutseriev stepped down as a President of RussNeft and announced his suspension of entrepreneurial activity (apart from RussNeft he owned Russian coal and many other companies) and his decision to move on to scientific endeavor.

On 28 August 2007 The Tverskoy court of Moscow issued arrest warrant in absentia for Gutseriev, meeting the request of the Investigative Committee under the Ministry of Internal Affairs. Russia issues an international arrest warrant for Gutseriev. At that moment Gutseriev had already been in London, having got US$3 billion from Oleg Deripaska from the RussNeft sale.

On 16 October 2007 Gutseriev applied for political asylum to the Border and Immigration Agency of the Home Office but this information was officially refuted.

Gutseriev is married and has two sons (Chingiz, Said) and a daughter (Sofya). His elder son Chingiz died from a brain hemorrhage after crashing his Ferrari in 2007. Gutseriev's other son, Said, is a businessperson. In 2016, Said held a wedding that reportedly cost $1 billion.

In 2006 he was accused of tax evasion, forcing him to sell RussNeft at a fraction of its value, before fleeing to London, due to fears of persecution and legal repercussions in Russia.

In 2006, at the request of the authorities, Gutseriev was again involved in the negotiation process and helped to release a member of the Ingush parliament, Magomed Chakhkiev.

He is the former owner of Russneft, one of Russia's largest oil companies. Since 2002, he has been the permanent participant of the Forbes annual ranking of 200 richest Russians, where, as of 2021, he has taken 60th place with $2.5 billion. He fled Russia in 2007 after being charged with tax evasion. In 2010, he came back to Russia after the charges were withdrawn.

In 2002 the stocks of Slavneft were sold to Sibneft Consortium (now Gazpromneft) and Tyumen Oil Company for US$1.86 bn, and Gutseriev established and became a head of OJSC NK “RussNeft” in 2002. The stocks of Slavneft were sold at knockdown prices.

In September 2002, Gutseriev founded and ran RussNeft, the oil and gas company.

On 27 February 2001, Gutseriev was elected the Vice President of the Russian Union of Industrialists and Entrepreneurs.

In 1999 for the second time Gutseriev was elected a State Duma Deputy for the Third Convocation of the Federal Assembly. However, on 14 January 2000, Gutseriev was elected as the President of Slavneft at the extraordinary meeting of shareholders of the company and had to turn down the Deputy's mandate.

Gutseriev has been implementing business projects in Belarus since 2000, when he was appointed by the governments of Russia and Belarus as president of Slavneft, the Russian and Belarusian state oil and gas company. Lead my him, Slavneft upgraded Mozyr Oil Refinery, which became part of the company. After Slavneft became private and was sold to TNK-BP and Sibneft, Gutseriev resigned from the position of president of Slavneft. In 2005 in order to increase export opportunities, RussNeft, established by Gutseriev, built an oil loading railway terminal in Bryansk region to deliver raw materials to Belarus, Ukraine, the Baltic States and Eastern Europe.

In early 1999, S. Stepashin asked Gutseriev to help rescue the servants of the Russian Orthodox Church, Peter Makarov and Sergei Potapov. They were released in May of the same year along with five Russian servicemen.

In 1999, during the assault of Grozny by the armed forces, Gutseriev managed to agree with war lords upon the evacuation of about 90 people living in a nursing home in the Staropromyslovsky district of the capital of the Chechen Republic.

On October 4, 1999, Dmitry Balburov, a journalist of the Moscow News, was kidnapped in Chechnya. Gutseriev took part in his release. On September 1, 2004, terrorists took hostages at school No. 1 in Beslan. In the evening of the same day, the operational headquarters organized to rescue the hostages decided to involve Gutseriev in the negotiation process. On the morning of September 2, 2004, Gutseriev came into contact with terrorists and began negotiations. He obtained a number of concessions from the terrorists, namely to accept supplies of drinking water for children, to evacuate the bodies of the hostages they killed and to release 26 people (24 children were taken out from the school). During the negotiations Gutseriev offered himself as a hostage, asking to release the children, but the terrorists refused. According to the memoirs of A. Kh. Amirkhanov, after Beslan, Basayev said that Gutseriev "deceived the mujahideen in Beslan, telling them that there would definitely not be an assault, and persuaded them to let the Ministry of Emergency Situations car with special forces near the building. […] We will make him choke on his own blood and feel all its bitterness." Many of the hostages were not rescued. Nevertheless, according to the conclusion of the commission for evaluation of the operational headquarters actions, “the involvement of reputable members of the Ingush diaspora Gutseriev and Aushev in the negotiations was a timely measure, adequate to the current situation”.

On May 1, 1998, Valentin Vlasov, the Plenipotentiary Representative of the Government of the Russian Federation in the Chechen Republic, was captured by a group of Chechen militants on the Rostov-Baku highway. Being aware of his successful experience of the hostages release, officials of the Ministry of Internal Affairs of Russia appealed to Gutseriev to help organize the negotiation process. According to the memoirs of the Minister of Internal Affairs of the Russian Federation (1998-1999) and the Prime Minister of the Russian Federation (1999) Sergey Stepashin, the negotiation process was led by Gutseriev, thanks to whom it was possible to determine the location of Vlasov. Thanks to a special operation conducted under the leadership of Deputy Interior Minister V. Rushailo, on November 13, 1998, V. Vlasov was released. According to Stepashin, Gutseriev refused a state award for this special operation.

On January 29, 1998, in Vladikavkaz, a French citizen, representative of the UN High Commissioner for Refugees, Vincent Cochetel, was kidnapped. From Moscow, the operation to liberate Cochetel was led by Interior Minister S. Stepashin, and the negotiations and all contacts were conducted by Gutseriev. On December 12, 1998, Vincent Cochetel was released as a result of a special operation carried out by the Ministry of Internal Affairs of the Russian Federation with the participation of RF Deputy Minister of Internal Affairs Vladimir Rushailo and Mikhail Gutseriev. For this operation, Stepashin was awarded the Order of the Commander of the Legion of Honor by French President Jacques Chirac. According to S. Stepashin, "this award is our joint one with Mikhail Gutseriev, although, as I have already said, he treated the orders quite philosophically".

ZEWI received the legal right to return taxes paid to the federal budget back to the budget of the republic. According to the Federal Tax Service of Ingushetia, for the period from 1994 to 1997 that sum amounted to 1 billion 388 million denominated rubles. The financial corporation "BIN", being the official agent of the government of Ingushetia, was engaged in the registration of enterprises in the zone of economic favor. All financial flows of the Ingushetia free economic zone were accumulated on the accounts of the Ministry of Finance of the Russian Federation and the Republic of Ingushetia and were controlled by the federal and republican tax authorities. ZEWI existed until July 3, 1997.

However, in August 1997, in order to complete the construction of ZEWI facilities Gutseriev created the Center for Entrepreneurship Development (CED). During the operation of the CED, large infrastructure facilities were put into operation, in particular, water supply networks for settlements in Ingushetia, external engineering networks for a gas turbine power plant, sections of gas pipelines and roads that were important for the economic infrastructure of Ingushetia. In addition, thanks to the efforts of the CED, the construction of a number of residential buildings and the government complex in Magas were completed, and other social and industrial facilities were built. The main investor of the CED was Mikhail Gutseriev.

In 1995 he was elected as deputy to the State Duma, where he took up the post of Deputy chairman. Due to his position, he sold a 100% stake of AKB B&N (BIN) and thus exited from the equity of the bank. In 1996 Mikhail Gutseriev initiated, developed and proposed for consideration of the State Duma a regulation on establishing a "Center for International Business", a standard offshore zone for non-residents. The State Duma approved the Federal Law on the "Center for International Business" (No. 16-FZ), with the major provisions compiling with general regulations of the laws on international businesses. The president approved the Law on 30 January 1996. The Law was effective for 1 year and international non-residents started their registration. The economic crisis of 1998, a strong decline in the Ruble exchange rate, and further default made the government suspend the effect of the law which has been in a "sleeping mode" so far.

Between 1996 and 2006, Gutseriev played a key role in helping the Russian special services to release a large number of hostages kidnapped in the North Caucasus by various criminal groups. Thus, according to the memoirs of A. Kh. Amirkhanov, M. S. Gutseriev, being at that time the Vice-Speaker of the State Duma, "was the principal liaison in all negotiations and all special operations for the release of hostages." In particular, thanks to Gutseriev's activities, the following people were rescued from captivity: Slovak construction person Imrich Rigo (kidnapped on October 10, 1996, released on February 14, 1997), director of the Swiss firm Seibert-Stinnes Robert Hill (kidnapped on February 2, 1997, released on July 2, 1997) and director of a brick factory from Serbia Milan Evtic (kidnapped in December 1997). Gutseriev also "played a decisive role" in the release of Stanislav Taslitsky, the head of the construction of a water pipeline in Ingushetia, and the banker Viktor Morgun, from the captivity.

1994 marked Gutseriev's development of the free economic zone for residents, the first one in the post Soviet countries, called the Zone of economic well-being Ingushetia (ZEWI). On 19 June 1994 the Government of the Russian Federation issued Resolution No. 740 on establishing ZEWI and appointed Gutseriev as the Head of its Financial sector.

In 1992, when Dzhokhar Dudayev took power, Gutseriev had to leave his business and moved to Moscow, where he founded industrial and financial company "BIN" (Bank of Investments and Innovations), uniting industrial, trading and financial enterprises. In 1993 he founded and headed the Joint Stock Commercial Bank BIN.

From 1982, Gutseriev worked as a process engineer, later on – as a senior process engineer of Grozny Production Association at the RSFSR Ministry of Local Industry, Grozny. He became CEO of the Association. In 1991, Gutseriev was elected Chairman of Businessmen Association of Checheno-Ingush ASSR.

In 1981, Mikhail Gutseriev graduated from the Dzhambul Technological Institute of Light and Food Industry with a degree in “Leather and Fur Technology”. In 1995 he graduated from Finance Academy under the Government of Russian Federation, majoring in "Finance and Credits", Gubkin Russian State University of Oil and Gas, majoring in "Methods and Technology of Oil and Gas Engineering", St. Petersburg University of Law, majoring in "Civil Law" and Post graduate course at St. Petersburg University of Law, having received master's degree in "Criminal Procedural Law". Eventually he pursued Doctoral studies at the Plekhanov Russian University of Economics, majoring in "Free Economic Zones". In 1996 he defended his PhD thesis on "Criminality in major cities: State of affairs and prevention problems on the materials of Moscow and Saint-Petersburg in Saint-Petersburg Law University, PhD in Law.

The younger brother of Mikhail, Sait-Salam (born 1959) is a businessman. Mikhail transferred his Rossneft stake to Sait-Salam when he was placed under sanctions.

Mikail (Mikhail) Safarbekovich Gutseriev (Russian: Михаи́л Сафарбе́кович Гуцери́ев; born 9 March 1958 in Akmolinsk, Kazakh SSR, Soviet Union) is a Russian billionaire businessperson. Gutseriev earned his fortune after the collapse of the Soviet Union.

Gutseriev was born on 9 March 1958 in a large Ingush family in Akmolinsk. His family was repressed and exiled to Kazakhstan. He finished high school No. 23 in Grozny, Checheno-Ingushskaya ASSR. The school, completely destroyed during the First Chechen War, in 2005 was rebuilt with Gutseriev's financial support.