Who was Oleg Burlakov?
Who was Oleg Burlakov? This question brings us to a voyage through the life of a man who was not only a Russian billionaire but also a pioneer in the yachting industry. Born in 1950, Oleg Burlakov passed away in 2021 due to COVID-19. A prominent figure in banking, cement, and natural gas, he led a colorful life that extended into personal relationships, including his girlfriend Sofiy Shevtsova.
Key Takeaways:
- Oleg Burlakov was a Russian billionaire with influential roles in banking, cement, and natural gas.
- He was the esteemed owner of the Oceanco Sailing Yacht Black Pearl.
- Burlakov was a co-founder of the oil and gas company Burneftegaz.
- He held majority shares in the Russian Stroyles Bank.
- His net worth was estimated to be between $600 million to $1 billion, with court records revealing assets worth $3.7 billion at the time of his death.
- Oleg Burlakov passed away in 2021 due to COVID-19, leaving a significant legacy in the yachting industry with his vision of eco-friendly yacht construction.
Burlakov and Novoroscement
In 2008, Burlakov sold his shares in the cement producer Novoroscement to fellow Russian billionaire Lev Kvetnoy for a whopping $1.5 billion.
The Black Pearl: Burlakov’s Nautical Legacy
Burlakov was the esteemed owner of the Oceanco Sailing Yacht Black Pearl, a jewel in the crown of luxury yachting. He owned this magnificent vessel through a Cypriot company named Silver Angel Yachting Ltd.
Co-founding Burneftegaz
Burlakov’s business endeavors extended to the co-founding of the oil and gas company Burneftegaz. Mainly active in Russian oil and gas fields, Burneftegaz boasts over 250 million tons in oil reserves. In 2014, the company was acquired by Bashneft for over US$ 1 billion.
Stroyles Bank and Burlakov
As the majority shareholder in the Russian Stroyles Bank, Burlakov had a significant influence in the banking sector. Serving organizations of the oil and gas complex, the bank is renowned for lending to small and medium-sized businesses.
The Net Worth of Oleg Burlakov
At the time of his death, Burlakov’s net worth was estimated between US$ 600 million and US$ 1 billion. He held shares in diverse companies, from the paint manufacturer Terpentin Preporod, based in Bosnia and Herzegovina, to the South Construction Communications Company. UK court records revealed that Burlakov’s assets totaled $3.7 billion at the time of his death, which he reportedly transferred to his sister Vera Kazakova and her husband Nikolai Kazakov before his passing.
Oleg Burlakov: A Visionary’s Departure
Oleg Burlakov’s death in 2021 sent ripples through the yachting community. A statement by the official Instagram account of the yacht Black Pearl mourned the visionary, whose dream was to build yachts that had less damaging effects on the planet. His inspiration and the legacy he left behind will continue to influence the world yachting community for generations to come.
Statement by the official Instagram account of the yacht Black Pearl:
“
It is with great sadness that we announce the death of Oleg Bourlakov, the visionary behind the building of SY Black Pearl.
Sadly, Oleg passed away after a brief battle with COVID 19. It was his vision and desire to see yachts built in the future that had a far less damaging effect on the planet.
SY Black Pearl has led the way for so many.
As such, we believe Mr Bourlakov has been the inspiration for and has left a positive legacy for the world yachting community to follow.
Rest in Peace.
”
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