Reads: 365
Reading time: 4 min.
no comments
Elena Baturina went to work at a factory as soon as she graduated from school, and today she is the richest woman in the country. How did the daughter of ordinary workers marry the future mayor of the capital and amass a fortune of 1.2 billion dollars?
Did the position of a spouse influence a woman’s entrepreneurial success? Let's talk about Elena Baturina's personal life, biography, her family, business, hobbies and other projects.
Childhood and youth of Elena Nikolaevna Baturina
Elena Baturina was born on March 8, 1963 in Moscow. Both of Elena's parents worked for. Mom worked at the machine, father was a foreman.
As a child, Elena had lung problems. This provoked such a dislike for smoking. At a conscious age, she was fond of horse riding and tennis, went in for skiing, and also received a third category in shooting with a small-caliber rifle.
Elena Baturina in her youth
The older brother is entrepreneur Viktor Baturin . Elena and her brother graduated from the same school. The girl received her higher education at the evening department of the Sergo Ordzhonikidze Institute of Management . Along with her studies, in 1980-1982, Elena worked at the Fraser , where her parents worked. In 1982-1989, she worked as the head of the secretarial department of the Union of Cooperators, a member of the commission of the Moscow City Executive Committee in cooperative activities at the Institute of Economic Problems of the Development of the National Economy of the capital. She received higher education in 1986 and three years later began her entrepreneurial activity.
Elena Baturina and her brother Victor started a business together
Photo of Elena in her youth
Elena Nikolaevna Baturina is a recognizable personality, but at the same time, few people have seen photographs of her in her youth. Now Elena Nikolaevna is blonde, but in her youth she had dark hair. Large, expressive eyes highlight her attractive face.
In her youth, women preferred to wear jackets that were more reminiscent of men's. But it is worth saying that they suited her.
Baturina's business
Elena began her career in 1980 as a design technician. and just two years later, in 1982, when she was about to leave the plant, she worked in the department of the chief technologist as a senior design engineer.
The period from 1982 to 1989 can be called the next step on the career ladder. Elena got a job as a research assistant at the Institute of Economic Problems of Integrated Development of Moscow , where she was able to transform scientific work into chairmanship of the Union of United Cooperatives, where she later became a leading specialist.
The main year that changed Baturina’s biography was 1989. At this time, Elena started doing business.
Elena Baturina has repeatedly topped the ranking of the richest women in Russia
The creation of a family cooperative with his brother Victor marked the beginning of a successful business. To develop the business, computer equipment was purchased, software was created and installed, and modern technologies were gradually introduced.
In 1991, Elena and her brother officially registered a company engaged in the production of polymer products "Inteko" . In the same year, Baturina became engaged to Yuri Luzhkov , who became the mayor of Moscow a year later.
At the beginning of September 2011, "Inteko" was announced : the buyer of 95% of the company was to be the structures of entrepreneur Mikail Shishkhanov , and another 5% - a subsidiary of Sberbank "Sberbank Investments".
Entrepreneur Elena Baturina
After Luzhkov left the post of mayor, Elena moved to London and began to engage in the hotel business there. After London, Baturina moved with her children and husband to Austria. In Auraha they lived next door to representatives of the Swarovski family.
In the late 2000s, it became a sponsor of the Triathlon World Cup and Rotary Club conventions. , the Jazznova festival took place in the Alpine city .
Elena Baturina is the owner of the real estate company Safo GmbH in Vienna, where a businesswoman bought another mansion in the elite Döbling district, but Elena Baturina did not renounce Russian citizenship.
In 2012, the famous entrepreneur Elena Baturina founded and headed the BE OPEN .
Elena Baturina
Daughters of Baturina and Luzhkov: what they do
The girls, Elena and Olga, were born in 1992 and 1994, two years apart. Little is known about them, since they live abroad. And they don’t advertise their lives to the general public.
Elena, the eldest daughter works in the hotel business. During his lifetime, Luzhkov himself told reporters that his youngest daughter, Olga, is very interested in design and is developing in this field.
Baturina herself visits Russia more often than her children. She flies to the country not only on business, but also to meet with friends. Girls, in addition to their friends, sometimes come to visit their grandmother, Luzhkov himself said earlier.
The business of Luzhkov's widow is connected not only with hotels. It also has an enterprise working on the production of alternative energy. Baturina also has a stake in an enterprise that deals with construction and building materials. As her husband said during his lifetime, she loves the construction industry and is very well versed in it.
Baturina’s business is concentrated all over the world. Some of the assets are in the West, and some in the USA. After leaving Russia with her daughters, she was able to grow new types of businesses and never sat still. Now the business of the seven Luzhkovs is very diverse.
Inteko
Inteko was born in 1991 and was founded as an enterprise for the manufacture of polymer products. Baturina's cooperative often received orders at the city level; after expanding her business, Baturina took over the Moscow Oil Refinery, which was on the account of the Moscow Prefecture.
In 1994, a plastics manufacturing plant was attached to Inteko; in the mid-90s, the company's products occupied a quarter of the Russian market. In 1999, Inteko was involved in a scandal involving embezzlement of public funds. At that time, the company was considered the general contractor in the construction of a new city in Kalmykia. From Kalmykia, Elena Baturina tried to become a deputy of the State Duma , but this attempt was unsuccessful.
Business lady Elena Baturina
In the early 2000s, Inteko created the appearance of an investment and construction corporation, after which the purchase of cement plants began. As a result, the company has become one of the leading cement suppliers in Russia. At the same time, the company invested in the largest state-owned enterprises, including Gazprom , Sberbank, etc. It also sponsored the largest social projects in the fields of medicine, sports, culture and art.
Since 2005, the process of Inteko's disintegration began. First, the company stopped communicating with the concrete panel construction market, and already in 2006, Viktor Baturin left the company, followed by Elena herself. However, she became a co-founder of the company, as she was elected to the board of directors of the financial enterprise Russian Land Bank . From 2006 to 2011, she carried out many projects for the construction of modern residential complexes Dominion, Arco di Sole, Champion Park and ASTRA, and the construction of the university building was completed. M.V. Lomonosov, “New Peterhof” was opened.
Entrepreneur Elena Baturina
In 2008, Inteko was included in the list of 300 systemically important enterprises in the country.
In 2011, the sale of Inteko to investors was announced, and at the same time, Elena Baturina was also selling the Russian Land Bank, which she owned at that time.
Zhirinovsky interfered with the wedding
An interesting incident in the history of the couple: they wanted to get married 5 years after the wedding, but, oddly enough, Vladimir Zhirinovsky prevented the event. In 1996, the politician and leader of the LDPR party was ahead of Luzhkov on this issue. In the dashing nineties, a wedding was, in principle, a high-profile affair, and liberals, as mainstreamers, did not want to create additional PR. So this case dragged on for 20 years. As a result, the wedding was timed to coincide with the couple's silver wedding.
I make my own refreshing spray for furniture: a simple recipe with rosemary and orange
The police told how to identify scammers and not lose capital
Which countries will compete for Russian tourists in the summer of 2021
Conflicts and criticism of Baturina
On December 1, 2006, information spread about the refusal of the publishing house Axel Springer Russia to print materials about Elena Baturina and her business, while destroying the entire circulation of the Russian Forbes magazine, which was supposed to be published in December.
American Forbes demanded that the publisher release the December issue in its original form, as it had already been printed. The requirements were met. In February 2007, Inteko filed two lawsuits against the publishing house and editor-in-chief Maxim Kashulinsky . Each claim was for 106 thousand 500 rubles. In the spring of 2007, the company won the first lawsuit, and lost the second in the fall of the same year. After changing the subject of the second claim, Inteko won the case against the author of the article and Axel Springer Russia.
Elena Baturina is one of the richest women in Russia
At the beginning of 2007, a dispute broke out between Elena and her brother. The essence of the conflict was that Victor wanted to regain some of the shares in the company (the stake at that time was worth about a billion dollars). The court rejected the first claims from Victor, but the claims filed in response by Elena Baturina were registered on February 15, 2007. After an exchange of lawsuits, the media reported that both sides of the conflict renounced “mutual property and other claims.”
In the 2000s, many representatives of Russian business, including Alexander Lebedev , reported in the media that she receives profitable orders from the Moscow government only because of the family ties between Luzhkov and Baturina, but this was denied by both Elena and her husband.
Elena Baturina
In December 2009 Vedomosti newspaper published information that in the summer of 2009, when development companies were struggling with serious difficulties arising from the economic crisis, Elena Baturina's corporation successfully repaid bank loans in the amount of 27 billion rubles. One of the ways to pay off debts was the sale of a plot of land with a total area of 58 hectares in the south-west of Moscow for 13 billion rubles per 1 hectare (according to Vedomosti, this price was even before the crisis and was approximately twice as high as the current price at that time). According to the newspaper, the purchase was paid for using a bank loan. The most significant shareholder of the Bank of Moscow at that time was the Moscow Government .
The new strict boss broke the ice
As often happens in the professional sphere, a new turn in the relationship came when Elena was transferred to another boss. He turned out to be less friendly and immediately put the ambitious employee in her place. She turned to Luzhkov for moral consolation.
Mom and son blow bubbles in the cold, and the result is amazing: photo
An Australian couple took a huge python for a ride in their car.
St. Petersburg volunteers distributed flowers near the metro in honor of Valentine's Day
The difference in management approaches was too striking. Seeing the low efficiency of what was happening, she was filled with anger and irritation towards the new boss. It was from the contrast of approaches to life and doing business that the girl realized that Yuri Mikhailovich was her ideal man.