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Mikhail Khodorkovsky Biography

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Famous Business Leader biography Mikhail Khodorkovsky Biography

Russian Business Leader
Name : Mikhail Khodorkovsky (Mikhail Borisovich Khodorkovsky)
Born : June 26, 1963
Country : born Moscow, Russia
Country : Russia

Mikhail Khodorkovsky Bio..
Mikhail Borisovich Khodorkovsky was a very powerful Russian business oligarchs and was the president of YUKOS, which is the Russian petroleum company. In the year 2004 was the wealthiest man in Russia and the 16th wealthiest man in the world. Khodorkovsky was born on June 26, 1963 in Moscow, Russia.

Khodorkovsky showed his ambitions being a child and was concentrated on career as a communist activist a lot. During 80's having a good position in the administration the Russian businessman established his first business in the year 1986. After two years Khodorkovsky was the millionaire among other Russian oligarchs.

Due to the intense privatization in Russia during 90's Khodorkovsky established a great business power in Russia. This was achieved through corruption and a status of being a member of nomenclature.

Khodorkovsky is known as a businessman who paid a great attention to foreign investment and who had a great impact on building a global business. Additional to that he became involved in politics by having opinion to make reforms for democracy and educate society.

Khodorkovsky was arrested on October 25, 2003 for not paying taxes, but just on May 31, 2005 he was sentenced to nine years in prison. The arrest brought a great influence on the share price of Yukos: the Russian market became unstable. The Khodorkovsky's supporters stressed that the whole affair was based on corruption and that Russian President Vladimir Putin organized the arrest as he had conflict with Khodorkovsky. But critics says that Russian elite and Khodorkovsky ignore laws and international critics.

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