Forbes list defendant dies in Kommunarka from coronavirus
Forbes called Vladimir Hristov the only businessman from Kolyma in the list of the richest people in Russia. He built the business in the 1990s out of collapsed Magadan gold mining enterprises.
The founder of Susumanzoloto, Vladimir Hristov, died in Moscow in a coronavirus hospital in Kommunarka. This is reported by “Magadanskaya Pravda” with reference to the General Director of PJSC “Susumanzoloto” Alexander Chugunov.
Hristov in 2020 was included in the list of the richest businessmen in Russia according to Forbes. He was ranked 192 with a fortune of $ 500 million.
The publication “Very” confirms that the cause of death was the consequences of coronavirus infection. The businessman was 71 years old.
Hristov is a native of the Stalin (Donetsk) region of Ukraine. He came to the Far East in his youth, in the 1980s he got a job at the Susuman mining and processing plant. In the early 1990s, he worked as chief engineer of the Susumansky GOK. In 1991 he became its CEO. After the start of mass privatization, the Susumansky GOK bought itself out from the state. “Khristov recalls that there were no people willing to buy out shares among the workers of the GOK. Then the shares for a loan in the bank “Roskredit” in 1995 were bought by Hristov himself, “Forbes wrote, citing the words of the businessman himself. On the basis of the GOK, the businessman built a holding, which included the remnants of the Magadan association “Severvostokzoloto”, which employed up to 100 thousand people in Soviet times.
In 2019, the Susumanzoloto enterprise produced 5.4 tons of gold, of which placer gold accounted for more than 90% of production. The rise in prices for precious metals amid the 2020 crisis helped Hristov enter the Forbes list.
The entrepreneur lived in the Magadan Region, from 1994 to 2010 he was elected several times to the Magadan Regional Duma. He was an honorary citizen of the Magadan region, awarded the Order of Merit for the Fatherland, II degree.
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