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  1. In 1990, following the collapse of the Soviet Union, Michel Litvak moved back to Russia and settled in Moscow. Litvak began by building up consumer goods trading activity between Russia and China , and his became the largest business of its kind for several years.

  2. www.forbes.com › profile › michel-litvak-2Michel Litvak - Forbes

    Michel Litvak. $1.3B. Real Time Net Worth. as of 5/21/24. #2327 in the world today. About Michel Litvak. Michel Litvak derives his fortune from OTEKO, a Moscow-based investor with interests in ...

  3. Jul 25, 2022 · The opportunity of building privately-funded portside facilities became his next goal, which he took on to implement in the middle of the year 2000 on the Black Sea coast in the south of the...

  4. Through his activity in energy logistics, Michel Litvak realized that as a result of the dismantling of the former USSR, Russia had lost two thirds of its harbors. He understood the opportunity in building a new private harbor for the export of energy, raw materials and goods from southern Russia and Central Asia.

  5. Mar 30, 2022 · Her husband, Michel Litvak, is said to be “known for his close relations” with Vladimir Putin, and in 2019 the Belgian national was granted Russian citizenship by presidential decree.

  6. Jan 18, 2021 · By Madeline Roache. January 18, 2021 1:34 PM EST. R ussian opposition activist Alexei Navalny flew straight into the hands of the Russian police on Jan. 17 when he returned from Germany, where he...

  7. While in Belgium in 1974, Litvak managed secured financing to start his first business venture - a chain of medical laboratories. In parallel, he became a commodity trader. In 1990, following the collapse of the Soviet Union, Michel Litvak moved back to Russia and settled in Moscow.