Meet The Russian Billionaire Who's The Proxy Owner Of Putin's $500 Million Yacht

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Meet The Russian Billionaire Who's The Proxy Owner Of Putin's $500 Million Yacht
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The U.S. DOJ alleges that Eduard Khudainatov, the ex-CEO of state-owned oil giant Rosneft, acts as the 'straw owner” for three superyachts held by Vladimir Putin and two Russian oligarchs—but Khudainatov has a multibillion dollar fortune of his own, thanks to his ties to the Kremlin’s inner circle.

His first job in the oil and gas industry was installing rigs for the oil firm Yuganskneftegaz in the remote Siberian city of Nefteyugansk. He then spent four years at the Soviet Oil and Gas Ministry in nearby Surgut, before moving back to Nefteyugansk in 1989 to run a pig farm.in 1993, joining Nefteyugansk-based oil firm Evikhon as vice president.

The city of Nefteyugansk in western Siberia, where Khudainatov got his start in the oil & gas industry in the late 1980s and 1990s.Khudainatov’s workaholic personality served him well. “This is a man who can be landed on the moon with a shovel, come back in six months and [you’ll] find a garden,” Ryazanov once toldIn 2004, while still at Gazprom, he teamed up with his brother Zhan and Ryazanov to take over Severneft, a company with oil and gas deposits in Siberia.

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