Bank "MENATEP", Bank "MENATEP SPb" and "Group Menatep Limited" were financial companies, created by Russian businessman Mikhail Khodorkovsky. "Group Menatep Limited", the US$29 billion holding company that had indirect controlling interest in Yukos Oil Company, was later renamed, and now still exists as holding company GML with Leonid Nevzlin as principal shareholder holding a stake of around 70 percent. The other four ultimate beneficial owners owning an equal stake each are Platon Lebedev, Mikhail Brudno, Vladimir Dubov and Vasily Shakhnovsky.
Mikhail Khodorkovsky in 2001
Mikhail Borisovich Khodorkovsky, sometimes known by his initials MBK, is an exiled Russian businessman, oligarch, and opposition activist, now residing in London. In 2003, Khodorkovsky was believed to be the wealthiest man in Russia, with a fortune estimated to be worth $15 billion, and was ranked 16th on Forbes list of billionaires. He had worked his way up the Komsomol apparatus, during the Soviet years, and started several businesses during the period of glasnost and perestroika in the late 1980s. After the dissolution of the Soviet Union, in the mid-1990s, he accumulated considerable wealth by obtaining control of a number of Siberian oil fields unified under the name Yukos, one of the major companies to emerge from the privatization of state assets during the 1990s.
Khodorkovsky in 2023
Khodorkovsky with the president of Russia, Vladimir Putin, on 20 December 2002
Khodorkovsky in 2001
Rally in support of political prisoners in Russia, Moscow on 27 October 2013