• About The Post
  • Support
  • Careers
  • Contact us
Wednesday, February 1, 2023
  • Login
No Result
View All Result
NEWSLETTER
The Warsaw Post
No Result
View All Result
The Warsaw Post
No Result
View All Result
Home

Alexei Miller – the head of Gazprom and Putin’s loyal companion. He earns tens of millions of dollars a year

March 13, 2022
in Bez kategorii
Reading Time: 4 mins read
0
0
Alexei Miller – the head of Gazprom and Putin’s loyal companion. He earns tens of millions of dollars a year
Share on FacebookShare on Twitter

Alexei Miller is considered one of the most influential and best-paid Russian managers. Since 2001 he has been the head of Gazprom. Privately, he is a soccer and horse-riding fan, and a faithful companion of Putin.

Alexei Miller He was born in 1962 in Leningrad, in a family with German roots. His parents worked in the private military enterprise “Leninets”. Alexei Miller is said to have been a diligent and talented student. He first studied at Gymnasium No. 330 in Leningrad, and then chose to study economics at the Leningrad Economic and Financial Institute. He started his career right after receiving his diploma.

Business contacts

He took up a job as an engineer-economist at the general planning studio of the Leningrad Scientific and Research and Design Institute for Housing “LenNIIprojekt” at the Executive Committee of the Leningrad City Council. Later, in 1991, he found employment in the Leningrad City Hall, specifically in the Committee for Foreign Contacts. Alexei’s direct superior at the time was Vladimir Putin. This was the key meeting that set the course of Miller’s career.

During his 5 years at City Hall, Miller built economic zones in the city: Pulkovo and Parnas, to which he attracted Coca-Cola, Gilette, Bartika brewery and the first foreign banks, among others: Lyonnais and Dresden Bank. This allowed him to make a lot of business contacts.

In 1996, the change of power in St. Petersburg forced Alexei Miller to resign from his post. Putin left city hall, and with him his people. Miller, thanks to his contacts, did not have to worry about a new job. He hooked up with the company managing the St. Petersburg seaport, where he served as director of development and investment, and then as general director. He spent three years at the port. In 1999, he took over as director of OJSC Baltic Pipeline System.

From the portfolio of deputy minister to the head of Gazprom


His career gained momentum in 2000 after Vladimir Putin’s victory in the presidential election. Putin, allocating positions in the government and state companies, remembered his colleagues from St. Petersburg city hall. He entrusted Miller with the post of deputy minister of energy. However, he did not have a place in the government. Putin had a different opinion of him. In 2001, Miller became chairman of the board of Gazprom, Russia’s largest corporation and the world’s leading gas producer.

Miller was to begin a new era – the return of the company to state control. He was given the task of recovering the assets lost during the reign of the previous chairman – Rem Viachirev. He began his rule at Gazprom with a purge, bringing trusted people into the company. He successfully fulfilled the task and by taking over subsidiaries and buying shares on the market, he managed to restore state control over the company. To this day he is the head of the gas giant.

27 million dollars in a year


Miller was repeatedly awarded with prestigious state prizes. He received, among others, the medal “For services to the Fatherland”. In January 2022, he was honored by Russian President Vladimir Putin with the title of Hero of Labor of Russia, one of the highest honors in Russia.

According to Forbes rankings, he is one of the highest paid managers in the world and the highest paid manager in Russia. In 2014, he was said to earn $27 million, and nearly $18 million a year later. He draws his salary not only from Gazprom, but from many other companies on whose boards he sits.

It is not known exactly what assets the head of Gazprom has at his disposal. According to media reports, he owns apartments in St. Petersburg with a total area of about 2 thousand square meters. This may be just a drop in the ocean of what he actually owns. Miller is reluctant to talk about his private life, and his wife Irina and son Mikhail have receded into the shadows and do not participate in public life. Miller himself is reportedly an avid soccer and equestrian fan.

First sanctions


On the head of Gazprom already in 2018. The US imposed sanctions. “The Russian government engages in a variety of harmful activities around the world, including continuing the occupation of Crimea, initiating violence in eastern Ukraine, materially and militarily supporting Syrian President Bashar al-Assad’s regime that bombs its own citizens, attempting to undermine Western democracies, and conducting harmful cyber activities,” US Finance Minister Steve Mnuchin said after the sanctions were announced.

As a sanctioned person, Miller cannot do business with U.S. citizens and his assets in the United States have been frozen. Further sanctions targeted Miller earlier this year in the wake of Russia’s armed invasion of Ukraine.

Tags: gasgazpromputin
Previous Post

Warsaw: The National Philharmonic organizes a free concert for Ukrainian refugees

Next Post

New rights for Ukrainians. Here are the rules of doing business

Michał Kasjanowicz

Michał Kasjanowicz

News from the world and Poland on politics and business.

Related Articles

Image of Jan Litynksi mural

Considered as a symbolism of heroism, this mural was painted in the heart of Warsaw 

by Aranxa Albarrán
January 18, 2023
0

Have you ever seen it? This mural express not only heroism to Poland but it inspires others.

Warsaw. New city logo. How much did it cost and why the change?

Warsaw. New city logo. How much did it cost and why the change?

by Michał Kasjanowicz
January 2, 2023
0

Warsaw officials have decided to change Warsaw's logo. - The new Siren is more serious and has the profile of...

Foto: Elliott Cowand Jr / Shutterstock

Popeyes will enter Poland. The chain has restaurants all over the world

by Michał Kasjanowicz
December 3, 2022
0

Popeyes originated in the United States, but locations of this chain can be found in many places around the world:...

Foto: Elliott Cowand Jr / Shutterstock

Poland considering NATO Article 4 activation

by Michał Kasjanowicz
November 16, 2022
0

It is highly likely that Poland's ambassador to NATO Tomasz Szatkowski will request the activation of Article 4 of the...

image of people celebrating independence day

Joy, redish skies and smiles were seen during Poland’s 104 Independence Day 

by Aranxa Albarrán
November 12, 2022
0

People felt more Polish than ever during Independence Day.

image of warsaw cemetery

Warsaw was illuminated by candles in All Saints’ Day, with thousands of visitors in Powązki cemetery 

by Aranxa Albarrán
November 2, 2022
0

All Saints' Day is one of the most special holidays in Warsaw. This November Powązki cemetery was illuminated.




Recommended

image of warsaw cemetery

Warsaw was illuminated by candles in All Saints’ Day, with thousands of visitors in Powązki cemetery 

3 months ago
Ukrainians protest in Warsaw after missile strikes in Kyiv

Ukrainians protest in Warsaw after missile strikes in Kyiv

4 months ago

Find us on social media

Popular now

  • Considered as a symbolism of heroism, this mural was painted in the heart of Warsaw 
  • Warsaw. New city logo. How much did it cost and why the change?
  • Investigation Uncovers Scam Potential in Logan Paul’s CryptoZoo Blockchain Game
  • What ACTUALLY happened to Twitter
  • Why ChatGPT can be a threat to journalists

Newsletter

The Warsaw Post is committed journalism created with passion by the best journalists and columnists. We bring you interesting articles from the world of Poland and international politics, business, culture and science.

Sign up

Categories

  • Bez kategorii
About

About Us
Newsletter
Terms & Condition
Privacy Polic
Cookie Policy
Contact
Advertise
Careers

About us

WarsawPost.pl - News from Poland and abroad. Latest events and opinions as well as articles.

  • The Warsaw Post
  • @warsawpost
  • Instagram
  • About The Post
  • Support
  • Careers
  • Contact us

© 2022 The Warsaw Post - news from the capital

No Result
View All Result
  • Home
  • Newsletter
  • Contact us
  • About Us

© 2022 The Warsaw Post - news from the capital

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this site, you agree to the use of cookies. Visit Cookies Policy.