Support The Moscow Times!

Russian PM Mishustin and Family Own $45M in Moscow Real Estate – Navalny

Navalny’s anti-corruption outfit listed eight apartments, houses and estates linked to either Mishustin and his wife, their two sons or his sister valued at 2.78 billion rubles. Alexei Navalny / Youtube

Russia’s new Prime Minister Mikhail Mishustin and his family own 2.8 billion rubles ($45 million) worth of real estate in and around Moscow, prominent Kremlin critic Alexei Navalny said Tuesday.

Former tax chief Mishustin’s unexpected promotion to high office earlier this month has led to a series of media investigations into his family’s property ownership. Critics like Navalny have seized on what they say is Mishustin’s hidden wealth, which they say is the norm with many officials in President Vladimir Putin’s government.

Navalny’s anti-corruption outfit listed eight apartments, houses and estates linked to either Mishustin and his wife, their two sons or his sister valued at 2.78 billion rubles.

In addition to the previously reported elite real estate currently valued at 2.42 billion rubles, Navalny said Mishustin’s two adult sons own two riverfront condominiums with a combined value of 360 million rubles.

“Mishustin knows as well as anyone that this is called a ‘criminal fraudulent transaction’ from a taxman’s viewpoint. Classic corruption,” Navalny claimed, referring to the alleged sale of the apartments to Mishustin’s sons for an undisclosed sum as soon as they turned 18.

Government records show Mishustin earning 213 million rubles ($3.4 million) between 2010, when he was named chief of the tax service, and 2018, the latest available accounting period.

Critics have also questioned how his wife Vladlena Mishustina earned 789 million rubles ($12.5 million) over a nine-year period without any known business interests. 

Sign up for our free weekly newsletter

Our weekly newsletter contains a hand-picked selection of news, features, analysis and more from The Moscow Times. You will receive it in your mailbox every Friday. Never miss the latest news from Russia. Preview
Subscribers agree to the Privacy Policy

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more