Portrait of Elena Baturina

Rank #2884

Elena Baturina

Net worth $1.3B

Investments, real estate · Russia

Born
Mar 08, 1963
Age
63
Source
Investments, real estate
Residence
London
Citizenship
Russia
Marital status
Widowed
Children
2
Education
Bachelor of Arts/Science, State University of Management

Net worth over time

Biography

  • Russia's second wealthiest woman, Elena Baturina, was married to Yury Luzkhkov, who was the mayor of Moscow for years.
  • In 2010, Luzhkov was removed from the mayor's post; Baturina and their daughters left the country.
  • Baturina soon sold almost all of her assets in Russia including a construction company called Inteko and a cement factories.
  • The Russian government seized land she owned in an exclusive area of Moscow. She filed a lawsuit, unsuccessfully demanding $1 billion in compensation.
  • Baturina, who now lives in London, owns real estate in Europe and USA, and invests in renewable energy.
  • Baturina bought two commercial properties in Brooklyn near the Barclays Center in 2015.
  • Baturina's charity fund BE OPEN supports young designers, architects, writers and scientists.