Konstantin Strukov & family
$1.9B
Born
Sep 10, 1958
Age
67
Source of Wealth
Gold, coal mining
Residence
Chelyabinsk,
Citizenship
Russia
Marital Status
Married
Children
2
Education
Master of Science, Magnitogorsk Mining and Metallurgical Institute
- Konstantin Strukov started as a coal miner in 1980. After 7 years he switched to gold mining, first as engineer and then as the top executive.
- Strukov moved from Kazakhstan to Russia in 1993 and started copper mining. In 1995 he rented a gold mine near Chelyabinsk from former soviet giant Uzhuralzolo.
- In 1997 Strukov headed the whole Uzhuralzoloto, which was on the verge of bankruptcy. He restructured the debts and then bought up its key assets.
- Strukov started investing in coal mining in 2013, and now has coal deposits exceeding 100 million tons.
- In 2020 Uzhuralzoloto became Petropavlovsk largest shareholder which led to a corporate conflict in the Russian gold miner. In 2022 Petropavlosk sold its assets to UGMK.
- In 2022 Strukov transferred his shares of Uzhuralzoloto from Cyprus-registered Ugold Ltd to direct ownership; the following year Uzhuralzoloto went public in Moscow.
- Strukov is a member of Chelyabinsk Legislative Chamber where he coordinates the usage of local natural resources and environmental policy.
- Strukov regularly descends into his gold mines with other miners, all of whom he apparently knows by name.
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