Alexey Khotin

Alexey Yurievich Khotin (born on May 21, 1974) is a Russian businessman of Belorussian origin, considered one of the richest men in Russia: Forbes magazine lists him to be the 95th in its Russian Top-100 rating as of 2016.

Since 1996, Khotin was involved in several industrial activities: military equipment, chemical feedstock, FMCG and food. Within these activities, he is reported to create about 30 enterprises with more than 8000 work places.

From 2001 to 2003 he served as Vice President of Moscow Association of Organizations of Chemical Complex.

In 2011 he was reported to acquire major stock in Exillon Energy oil company which operates in Northern Russian regions and is listed at London Stock Exchange. He also controls an oil company called Dulisma, holds stakes in Kuwait Energy and other hydrocarbon mining companies. Oil production of Khotin's companies as of 2016 amounts at near 2.5 million tons per year.

He is also reported to hold nowadays more than a half of Jugra Bank through Swiss/Cyprus company Radamant Financial Jugra Bank is named after Russian northern Yugra region where big amounts of oil and gas are mined. As of 2016 the bank is considered to be the 30th largest in Russia.

Vedomosti newspaper emphasizes that Khotin family has ties with many of the top Russian officials, and these ties are likely to positively influence on their businesses. The newspaper also say the family members generally refuse to talk to mass media.

Alexey Khotin left the Russian Federation


While the shareholders of Jugra Bank, where external management is introduced, declare their ability to independently turnaround the financial and credit institution, the media reported unconfirmed information that the main owner of the bank, Alexey Khotin, allegedly had already left the Russian Federation. The businessman is planning to live in Switzerland and other countries of the world.

Who got loans from Alexey Khotin's bank


The share of affiliated of loans affiliated with the bank's owners can greatly surprise the regulator.

Jugra Bank is sinking


What will Yury and Alexey Khotins do after the collapse of Jugra Bank?

The bankruptcy of Jugra Bank is the most expensive in the history of Russia's banking system


The bank's depositors are to be paid 170 billion rubles.

The collapse of Yugra: license revokation or turnaround


The DIA introduced a temporary administration in the bank.

Banker Vadim Belyaev stumbled on negative ratings


FC "Otkrytie" is trying to cajole the rating agencies.

The Khotin Empire is preparing for the transformation


The financial center of the empire of "crypto-businessmen" the Khotins in the Russian Federation is Jugra Bank, has been wavering for months. The other day the Central Bank of the Russian Federation demanded that shareholders "add" to the bank's base capital half a billion dollars.

Jugra Bank ordered to insure deposits at the maximum tariff


Over the year, the bank's deductions to the insurance fund have grown 5.5 times to 828 million rubles.

Central Bank demanded Jugra Bank to reserve 40 billion rubles


Owners of the bank are crypto-businessmen Alexey and Yuri Khotins, are to renew the bank's capital.

Customers failed Jugra Bank


More than a quarter of the bank loans turned out to be problematic. The financial hole of the bank amounted to more than 28 billion rubles.

Suleiman Kerimov gave his son an airport


The senator is actively making over the business assets to his 21-year-old heir Said Kerimov.

FCS deemed the Khotins' bank unreliable


The FCS deprived the Khotins' bank of the right to issue bank guarantees for payment of customs duties. If Jugra's problems continue, it could lose the license of the Central Bank of the Russian Federation.

Jugra Bank is more dead than alive


The bank of adventurous businessmen Khotins can collapse at any time.

Jugra Bank was the leader in losses in 2016


The most unprofitable bank in 2016, excluding credit institutions rehabilitated, became Jugra Bank, which lost 32.2 billion rubles. Only BM Bank, which is currently under rehabilitation, lost more. 

Rejected Khotin: partners deny that the businessman is involved in the oil business


Former associates of the owner of the Complex Investment holding said that the businessman wasn't the owner of the oil assets and companies, which had been purchased by $1 billion.  

Khotins will bleed the investors dry


Jugra Bank owned by Alexey and Yuri Khotin will still conduct IPO. Are the businessmen going to take investors' money before escaping?  

Ugra is out of play


Ugra, the leader among Russian banks in terms of losses, has nothing left but only to run after the puck.

More oil for the Khotins


As Forbes found out, Belarusian businessmen has increased their oil deposits by 1.5 times.   

The Khotin family collected more than a million


The businessmen gave away their offices for management.   

Depositors of Ugra pay for the Khotin family's debts


Ugra Bank attracted more than 166 billion rubles from individuals as of mid-2016. Simultaneously, the bank issued credits for 154 billion rubles (almost all depositors' funds) of loans in foreign currency for a period exceeding 3 years.  

Khotin's hammer: businessman outpaced leaders of oil and gas industry


Alexey Khotin spares no expense on oil sites and outplays Rosneft, Surgutneftegaz and Gazpromneft.

"Hoover" among banks


What fate awaits Ugra Bank?

Financial fever of the Khotin family


Ugra Bank could collapse under the weight of heavy debts.

Where the Khotin family gets money


Like many other businessmen, they built their empire on credit money.

How Yuri and Alexey Khotin do business


Businessmen Yuri and Alexey Khotin, father and son, have so far been known as the kings of the Moscow real estate. Now they are interested in oil.

Premier League: who Alexey Khotin dreams to become


Khotin's business success his competitors often explain by his ability to build relationships with influential people. One of his good friends is said to be Boris Gryzlov.

Khotin's empire: businessman has invested more than $1 billion in oil assets


Alexey Khotin has bought at least ten oil companies over the past five years.

"Moscow" on credit: the Khotins got the hotel on loan from VTB


Belarusian businessmen Alexey and Yuri Khotin could get Moscow Hotel on credit, despite the long-standing conflict with VTB.