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Russian Oligarch Yevgeny Prigozhin’s Wealth a Matter of Speculation, but He Is Clearly a Billionaire

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Yevgeny Prigozhin, the founder of the Wagner Group, is a wealthy man with a wide range of business interests. His wealth is a matter of speculation, but it is clear that he is a billionaire.

Prigozhin is a close ally of Russian President Vladimir Putin, and his businesses have received lucrative government contracts. He is also the founder of the Internet Research Agency, a troll farm accused of interfering in the 2016 U.S. presidential election.

In 2018, the United States imposed sanctions on Prigozhin and his companies, accusing him of being involved in “malign activities” worldwide. The sanctions have made it difficult for Prigozhin to do business in the West, but they have not stopped him from amassing a fortune.

Putin toured Prigozhin's Concord food catering factory.
Putin toured Prigozhin’s Concord food catering factory.

In 2022, the Financial Times reported that Prigozhin had generated revenues of more than $250 million from his global natural resources empire in the four years before Russia invaded Ukraine. The report also said that Prigozhin’s mercenary-backed businesses in countries such as Sudan and Syria had helped him to emerge as a powerful warlord in the conflict.

Prigozhin’s wealth is likely to have grown in recent years, as he has benefited from his close ties to the Russian government. He is known to own a fleet of private jets and a yacht and is said to have a personal fortune of over $1 billion.

“Prigozhin, a wealthy businessman with close ties to President Vladimir V. Putin, is said to have a personal fortune of over $1 billion.”

The New York Times

Prigozhin is a controversial figure, and his wealth has been the subject of much speculation. However, there is no doubt that he is a wealthy man with a wide range of business interests. His wealth is likely to have grown in recent years, as he has benefited from his close ties to the Russian government.

Conclusion:

Yevgeny Prigozhin is a wealthy man with a wide range of business interests. His wealth will likely grow in recent years as he has benefited from his close ties to the Russian government.


Photo: Government of the Russian Federation, CC BY 3.0 https://creativecommons.org/licenses/by/3.0, via Wikimedia Commons

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