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Encyclopedia > Mikhail Khodorkovsky

Updated 4 days 20 hours 27 minutes ago.
  Mikhail KhodorkovskyEntrepreneurship in Soviet Union
A fortune built on privatization
Foreign business partners complain
»
 Contents pageNext page 
Khodorkovsky speaking at a conference shortly before his arrest.
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Khodorkovsky speaking at a conference shortly before his arrest.

Mikhail Borisovich Khodorkovsky (born June 26, 1963) is a former Komsomol activist who became one of Russia's most powerful oligarchs. He was later convicted for fraud and tax evasion and received a 9-year sentence. As of 2004, Khodorkovsky was the wealthiest man in Russia, and was the 16th wealthiest man in the world, although much of his wealth evaporated due to the collapse in the value of his holding in the Russian petroleum company YUKOS. At the time of his arrest, he was considered the most powerful of the Russian business oligarchs. Image File history File links Khodork. ... Image File history File links Khodork. ... June 26 is the 177th day of the year (178th in leap years) in the Gregorian Calendar, with 188 days remaining. ... 1963 (MCMLXIII) was a common year starting on Tuesday (the link is to a full 1963 calendar). ... Komsomol (Комсомол) is a syllabic abbreviation word, from the Russian Kommunisticheski Soyuz Molodiozhi (Коммунистический союз молодёжи), or Communist Union of Youth. The organisation served as the youth wing of the Communist Party of the Soviet Union ( CPSU), the youngest members being fourteen years old, the upper limit for an age... Business oligarch, a synonym of business magnate, describes wealthy people that significantly influence the life of a state. ... This article contrasts tax evasion, tax avoidance, tax resistance and tax mitigation. ... 2004 is a leap year starting on Thursday of the Gregorian calendar. ... Forbes magazine annually lists the worlds wealthiest individuals: The Worlds Billionaries. ... Pumpjack pumping an oil well near Sarnia, Ontario Petroleum (from Greek petra – rock and elaion – oil or Latin oleum – oil ), crude oil, sometimes colloquially called black gold or Texas Tea, is a thick, dark brown or greenish liquid. ... Yukos Oil Company (ОАО НК ЮКОС) is a petroleum company in Russia which, until recently, was controlled by Russian billionaire Mikhail Khodorkovsky and a number of prominent Russian businessmen. ... Business oligarch, a synonym of business magnate, describes wealthy people that significantly influence the life of a state. ...


On October 25, 2003, Khodorkovsky was arrested at Novosibirsk airport by the Russian prosecutor general's office on charges of tax evasion. Shortly thereafter, on October 31, the government under Vladimir Putin further took the unprecedented step of freezing shares of Yukos due to tax charges. The Russian Government took further actions against Yukos, leading to a collapse in the share price. It purported to sell a major asset of Yukos in December 2004. Khodorkovsky's supporters argue that Putin's actions against him are retaliation for Khodorkovsky's support of political groups that oppose the government's policies, while opponents believe that he was correctly convicted for his criminal actions related to the privatization of state assets during the 1990s. October 25 is the 298th day of the year (299th in leap years) in the Gregorian Calendar, with 67 days remaining. ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... Novosibirsk Tolmachevo Airport (Аэропорт Толмачево in Russian) (IATA Airport Code OVB and ICAO Airport Code UNNT) is situated at 16 km from Novosibirsk, the industrial and scientific center for Siberia region in central Russia. ... This article contrasts tax evasion, tax avoidance, tax resistance and tax mitigation. ... October 31 is the 304th day of the year (305th in leap years) in the Gregorian Calendar, with 61 days remaining, as the final day of October. ... Vladimir Vladimirovich Putin (Russian: Влади́мир Влади́мирович Пу́тин, (help· info), Vladímir Vladímirovich Pútin; born 7 October 1952) is a Russian politician, and the current President of the Russian Federation. ... Look up December in Wiktionary, the free dictionary. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Privatization (sometimes privatisation, denationalization, or, especially in India, disinvestment) is the process of transferring property from public ownership to private ownership and/or transferring the management of a service or activity from the government to the private sector. ... The 1990s decade refers to the years from 1990 to 1999, inclusive. ...


On May 31, 2005, Khodorkovsky was sentenced to nine years in prison. A wide variety of international journalists, politicians, and businessmen--both in Russia and internationally--consider this process to be largely political. Many dispute the correctness of investigations and court proceedings. May 31 is the 151st day of the year in the Gregorian calendar (152nd in leap years), with 214 days remaining. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... A journalist is a person who practices journalism. ... A politician is an individual involved in politics, sometimes this may include political scientists. ... Set out below is an annotated listing of corporate leaders, who are or have been the head of large or successful business enterprises, or who are otherwise well known for their commercial acumen, listed alphabetically by last name. ...


In October 2005 he was moved into prison camp number 13 in the city of Krasnokamensk, Chita Oblast. This article needs to be cleaned up to conform to a higher standard of quality. ...


In March 2006, Forbes Magazine surmised that Khodorkovsky's personal fortune had declined to a fraction of its former level, stating that he "still has somewhere below $500m" [1]. To suggest a relevant news story for the main page, refer to the criteria then add your suggestion at the candidates page. ... Alternate meaning: For the Boston Brahmin family associated with John Forbes Kerry, see Forbes family. ...



Contents

  • 1 Entrepreneurship in Soviet Union
  • 2 A fortune built on privatization
  • 3 Foreign business partners complain
  • 4 A new era of transparency
  • 5 Political ambitions
  • 6 The merger
  • 7 Khodorkovsky's prosecution
  • 8 The impact of Khodorkovsky's arrest
  • 9 Viewpoint of Khodorkovsky's supporters
  • 10 Viewpoint of Khodorkovsky's critics
  • 11 Criminal charges
  • 12 In Prison
  • 13 An attempt at martyr creation
  • 14 See also
  • 15 External links


  Mikhail KhodorkovskyEntrepreneurship in Soviet Union
A fortune built on privatization
Foreign business partners complain
»
 Contents pageNext page 

  Results from FactBites:
 
Mikhail Khodorkovsky - Wikipedia, the free encyclopedia (4683 words)
Khodorkovsky's supporters argue that Putin's actions against him are retaliation for Khodorkovsky's support of political groups that oppose the government's policies, while opponents believe that he was correctly convicted for his criminal actions related to the privatization of state assets during the 1990s.
Khodorkovsky also became a philanthropist, whose efforts include the provision of internet-training centres for teachers, a forum for the discussion by journalists of reform and democracy, and the establishment of foundations which finance archaeological digs, cultural exchanges and summer camps for children.
Khodorkovsky's critics saw this as political posturing, in light of his funding of several political parties ahead of the elections for the State Duma to be held in late 2003.
Encyclopedia4U - Mikhail Khodorkovsky - Encyclopedia Article (3191 words)
Khodorkovsky's critics saw this as political posturing, in light of his funding of several political parties ahead of the elections for the Duma to be held in late 2003.
The arrest in early July 2003 of Platon Lebedev, a Khodorkovsky partner and second largest shareholder in Yukos, on suspicion of illegally acquiring a stake in a state-owned fertiliser firm in 1994, was considered by observers a shot across the bows.
Khodorkovsky has spoken out in favour of closer ties with the United States, was in favour of the US toppling of Iraqi dictator Saddam Hussein and — paradoxically for an oil man — advocated lower but stable oil prices as being good for Yukos and the world economy.
  More results at FactBites »

 

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