Dmitry Bosov
{{Short description|Russian businessman (1968–2020)}}
{{Use mdy dates|date=May 2020}}
{{Infobox person
| name = Dmitry Bosov
| image =
| imagesize = 180px
| caption =
| birthname = Дмитрий Борисович Босов
| birth_date = {{Birth date|1968|03|27}}
| birth_place = Barnaul, Altai Krai, USSR
| nationality = Russian
| death_date = {{death date and age|2020|05|06|1968|03|27}}
| death_place = Usovo, Moscow Oblast, Russia
| occupation = Businessman
| years_active =
| spouse = Katerina Bosov
| children = 5
| website =
| awards =
}}
Dmitry Borisovich Bosov ({{langx|ru|Дмитрий Борисович Босов}}; March 27, 1968 – May 6, 2020) was a Russian billionaire{{cite web |url= https://www.forbes.com/profile/dmitry-bosov/ |title= Profile Dmitry Bosov |author= |date= |work=Forbes |access-date= |language=en}} businessman. He was known for his work with the ALLTECH Group, the Sibanthracite Group, HC Sibir Novosibirsk, VostokCoal MC, and the Genius Fund.
Bosov was found dead in May 2020 with a gunshot wound to the head,{{cite news |url=https://www.forbes.com/sites/daviddawkins/2020/05/07/billionaire-dmitry-bosov-dies-from-gunshot-wound-at-home-in-moscow/ |title=Billionaire Dmitry Bosov Dies from 'Gunshot Wound' at Home in Moscow }} and while his death was investigated as a suicide, his sons suspected foul play.
Early life and education
Dmitry Borisovich Bosov was born on March 27, 1968, in Barnaul. His father was Head of Sales at the Transmash plant, and later, deputy general director at the Kristall plant. His mother was a teacher of English, a professor at a Moscow university.{{Citation needed|date=May 2020}}
In 1991, he graduated with honors from the faculty of Radio Electronics and Laser Technology at Bauman Moscow State Technical University (MSTU). He studied Economic Sciences and received a doctorate.{{cite web |url=https://www.vedomosti.ru/newspaper/articles/2008/01/16/vremya-bylo-takoe-vezde-bylo-opasno---dmitrij-bosov-osnovatel-i-predsedatel-pravleniya-kompanii-alltek |title="Время было такое: везде было опасно", - Дмитрий Босов, основатель и председатель правления компании "Аллтек" |trans-title= |author=Мария Рожкова |date=January 16, 2008 |publisher=Ведомости |access-date= |language=ru}}
Career
In 1991, he founded CJSC PIF, the Moscow representative office of the Kristall plant, where he worked as deputy director for two years and then as executive director. In 1993, he became the president of Polyexport LLP (Foreign Trade Association).{{Citation needed|date=May 2020}}
From 1995, he was director of the TransWorld Group (later known as Trans World Commodities) Moscow office.{{cite web |url=https://www.kommersant.ru/doc/185619 |title=Собрание акционеров КрАЗа |trans-title= |author=Мария Рожкова |date=October 11, 1997 |publisher=Коммерсантъ |access-date= |language=ru}}
From 1997 to 2000 he was one of the shareholders and a member of the board of directors of the Krasnoyarsk Aluminum Plant.{{cite web |url=https://www.kommersant.ru/doc/181712 |title=У Красноярского алюминиевого завода новый владелец |trans-title= |author=Дмитрий Павлов |date=July 29, 1997 |publisher=Коммерсантъ |access-date= |language=ru}}
In 2000, he sold his KrAZ shares. After that, together with his colleagues at Bauman MSTU, he established the ALLTECH Group and took up investment projects in Russia. He was the chairman of the Board of the Group. Among the projects implemented are, in 2006, consolidation and further sale to Renova one of the largest electrode plants in Russia.{{cite web |url=https://www.kommersant.ru/doc/287337 |title=Усть-Илимский ЛПК ищет акционеров |trans-title= |author=Дмитрий Бутрин |date=October 16, 2001 |publisher=Коммерсантъ |access-date= |language=ru}}{{cite web |url=https://www.kommersant.ru/doc/656213 |title=Акционеры СУАЛа взялись за электроды |trans-title= |author=Мария Черкасова|date=March 10, 2006 |publisher=Коммерсантъ|access-date= |language=ru}} In early 2004, the ALLTECH Group acquired more than 20% of the shares in West Siberian Resources Ltd (WSR). The company significantly increased production (in 4 years the company's market capitalization increased almost 20 times) and in 2008 West Siberian Resources merged with Alliance Oil Company.{{cite web |url=http://www.alltech.ru/company/#management |title=Совет директоров |trans-title= |author= |date= |publisher=alltech.ru |access-date= |language=ru}}{{cite web |url=http://www.rosbalt.ru/main/2005/09/12/225642.html |title=Дмитрий Босов выкупил часть акций украинского НЗФ |trans-title= |author= |date=September 12, 2005|publisher=Росбалт|access-date= |language=ru}}
His coal business began with the acquisition of shares in Siberian Anthracite JSC (the world's largest producer of anthracite UHG, located in Novosibirsk Region). He was the chairman of the board of directors of VostokCoal MC.{{cite web |url=https://www.rbc.ru/rbcfreenews/597b4cc89a7947ca65868ae8 |title=Компания Дмитрия Босова отказалась работать в Венесуэле |trans-title= |author= |date=July 28, 2017 |publisher=РБК |access-date= |language=ru}}{{cite web |url=https://www.rbc.ru/business/29/03/2017/58dbb94b9a7947e874cb4b3e |title="ВостокУголь" Дмитрия Босова возьмется за добычу "арктического карбона" |trans-title= |author= |date=March 27, 2017 |publisher=РБК |access-date= |language=ru}}{{cite web |url=https://www.kommersant.ru/doc/3256098 |title=Дмитрий Босов досыплет цинка в уголь |author=Анатолий Джумайло |trans-title= |date=March 30, 2017 |publisher=Коммерсантъ |access-date= |language=ru}}{{cite web |url=https://www.rbc.ru/business/12/01/2018/5a58768d9a79471ce43626fd#ws |title=Босов решил создать "мировой хаб" для экспорта угольной пыли |trans-title= |author=Светлана Бурмистрова |date=January 12, 2018 |publisher=РБК |access-date= |language=ru}}{{cite web |url=https://www.rbc.ru/business/31/01/2019/5c519ae09a7947e971515a33#ws |title=Компания Босова на треть снизила план добычи угля в Арктике |trans-title= |author= Светлана Бурмистрова, Людмила Подобедова |date=January 31, 2019 |publisher=РБК |access-date= |language=ru}}{{cite web |url=https://www.vedomosti.ru/business/articles/2019/03/25/797250-prosit-putina |title=Совладелец "Сибантрацита" попросил у Путина приоритетный доступ к БАМу и Транссибу |author1=Виталий Петлевой |author2=Артур Топорков |author3=Ольга Адамчук |trans-title= |date=March 25, 2019 |publisher=Ведомости |access-date= |language=ru}}{{cite web |url=https://www.vedomosti.ru/business/articles/2016/02/12/628691-dmitrii-bosov-partneri-investiruyut-250-mln-dobichu-uglya |title=Дмитрий Босов и партнеры инвестируют $250 млн в добычу угля |trans-title= |author1=Виталий Петлевой |author2=Александра Терентьева |date=February 12, 2016 |publisher=Ведомости |access-date= |language=ru}}
In 2008, Bosov became the Head of the supervisory board of the Sibir Ice Hockey Club.{{cite web |url=https://www.sports.ru/hockey/4308742.html |title=Компания "Сибантрацит" намерена приобрести "Сибирь" |trans-title= |author= |date=March 14, 2008 |publisher=Sports.ru |access-date= |language=ru}}{{cite web |url=https://hcsibir.ru/ru/people/5547 |title=Руководство клуба |trans-title= |author= |date= |publisher=hcsibir.ru |access-date= |language=ru}}
In 2015, he established the Blackspace group of companies in Indonesia, obtaining licenses for coal, nickel, manganese and bauxite mining sites. Since then, Blackspace has implemented two large projects - the development of a coal deposit in Central Kalimantan and the construction of a ferronickel plant on the island of Kabena.{{cite web |url=https://www.forbes.ru/biznes/331549-dzhungli-zovut-dmitrii-bosov-nachal-biznes-v-indonezii |title=Дело на $1 млрд: Дмитрий Босов начал бизнес в Индонезии |trans-title= |author1=Ирина Мокроусова |author2=Сергей Титов |date=October 31, 2016 |work=Forbes |access-date= |language=ru}}
Some media outlets mentioned Bosov's connection with Boris Berezovsky, with whom Bosov stated that "...the only business I participated in with Berezovsky was the Internet company CityLine. He was the first to invest in it. The company was run by my friends Emelyan Zakharov, Demian Kudryavtsev and others. In 1999, they made me an offer to become a co-investor. In 2001 we sold the company and earned a decent amount of money".{{cite web |url=https://www.vedomosti.ru/newspaper/articles/2008/01/16/vremya-bylo-takoe-vezde-bylo-opasno---dmitrij-bosov-osnovatel-i-predsedatel-pravleniya-kompanii-alltek |title="Время было такое: везде было опасно", - Дмитрий Босов, основатель и председатель правления компании "Аллтек" |trans-title= |author=Мария Рожкова |date=January 16, 2008 |publisher=Ведомости |access-date= |language=ru}}
Business
{{More citations needed section|date=May 2020}}
= ALLTECH Group =
In 1993, Dmitry Bosov and his university classmates Dmitry Aga, Dmitry Shatokhin and Vladimir Mikulik, established ALLTECH Group, a private direct investment company. Another interest of ALLTECH is real estate, which included the development of the ARTPLAY Design Center and several real estate projects in the Moscow region.{{cite web |url=https://www.rbc.ru/business/05/09/2018/5b902e3a9a7947414734d2b9 |title="Роснефть" вышла из проекта "Печора СПГ" из-за отсутствия перспектив |trans-title=Rosneft withdrew from the Pechora LNG project due to lack of prospects |author= |date=September 5, 2018 |publisher=РБК |access-date= |language=ru}}
In 2007, ALLTECH launched the Pechora LNG project (a comprehensive project to develop the Kumzhinskoye and Korovinskoye fields in the Nenets Autonomous District). In 2015, Rosneft Oil Company entered the project, taking a 50% share in the joint venture. In 2018, Rosneft withdrew from the joint project with ALLTECH.{{Citation needed|date=May 2020}}
In 2018, ALLTECH Group merged its coal assets with Sibanthracite Group.{{Citation needed|date=May 2020}}
After Bosov's death, a struggle for his share in Alltek unfolded. Ekaterina (Bosov's widow) claimed 77% of the company and sued the rest of the heirs, but in the end she was left without a share. In April 2021, Bosov's share was divided into eight equal parts of 10.82% between the parents, four sons from two previous marriages, Katerina Bosov and her daughter (Bosov's daughter). However, at the beginning of the summer, the share of Katerina Bosov and her daughter in 21.6% was recorded on Alltek.{{Cite web |title=Компания Авдоляна консолидировала 100% "Сибантрацита" |trans-title=Avdolyan's company consolidated 100% of Sibanthracite |url=https://www.forbes.ru/biznes/472917-kompania-avdolana-konsolidirovala-100-sibantracita |access-date=2023-03-24 |website=Forbes.ru |date=July 28, 2022 |language=ru}}
= Sibanthracite Group =
Sibanthracite Group is the world's largest producer of anthracite UHG and is a leading Russian producer of metallurgical coal. The group was established in 2018, uniting the largest coal companies of the Novosibirsk region - Siberian Anthracite JSC and LLC Open-Pit Mine Vostochny LLC, as well as a large coal enterprise in the Kemerovo region - Open-Pit Mine Kiyzassky LLC.{{Citation needed|date=May 2020}}
In April 2019, the Sibanthracite Group announced the financial and production results of its activities for RSBC for 2018: production - 24.1 million tons (four times more than in 2014). Revenue - 132.8 billion rubles (an increase of 1.9 times year on year). The total amount of taxes assessed is 12.5 billion rubles, the profit on tax amounted to 8.4 billion rubles. Spending on social and charitable programs - 1.9 billion rubles. By 2022, Sibanthracite plans to produce 58 million tons of coal and anthracite.{{Cite web|title=Interview of Sibanthracite CEO|url=https://www.sibanthracite.ru/media/2019/04/26/interview-sibanthracite-ceo/|access-date=2021-02-26|website=www.sibanthracite.ru|language=en}}
One of the most promising projects of the Group is their participation in the construction of the Severomuisk tunnel. Dmitry Bosov announced his readiness to participate in this project in a letter to the President of the Russian Federation, Vladimir Putin, on March 11, 2018.{{cite web |url=https://www.vedomosti.ru/business/articles/2019/03/25/797250-prosit-putina |title=Совладелец "Сибантрацита" попросил у Путина приоритетный доступ к БАМу и Транссибу |trans-title=Co-owner of Sibanthracite asked Putin for priority access to the BAM and Trans-Siberian Railway |author= |date=March 25, 2019 |publisher=Ведомости |access-date= |language=ru}}
In 2018, RBC newspaper wrote that the owner of Neftegazholding, Eduard Hudaynatov, was interested in buying Sibanthracite. Sibanthracite denied plans to sell.{{cite web |url=https://www.rbc.ru/business/15/10/2018/5bc0bb899a79475c87f363e2 |title=Группа "Сумма" может продать строящийся терминал в порту Находка |trans-title=Summa Group may sell the terminal under construction in the port of Nakhodka |author= |date=July 26, 2018 |publisher=Ведомости |access-date= |language=ru}}
After the incorporation of open-pit mine Kiyzassky into the Sibanthracite Group, the former CEO of the mine, Nikolay Zarubin, was dismissed. According to sources, the main reason for the dismissal was a violation of environmental legislation.{{cite web |url=https://tayga.info/145769 |title=Источник: к экс-директору "Разреза Кийзасский" Николаю Зарубину есть претензии по нарушениям экологического законодательства |trans-title=Source: Nikolai Zarubin, ex-director of the Kiyzassky open-pit mine, has complaints about violations of environmental legislation |author= |date=April 1, 2019 |publisher=Тайга.инфо |access-date= |language=ru}} The company faced criticism for the negative impact on the environment that the open-pit mine had.{{cite web |url=https://vashgorod.ru/news/106736 |title=Из-за угольного разреза реки становятся мёртвыми: катастрофа может прийти в крупнейшие города Кузбасса |trans-title=Because of the coal mine, the rivers are becoming dead: disaster may come to the largest cities of Kuzbass |author= |date=May 3, 2018 |publisher=ВашГород.ру |access-date= |language=ru |archive-date=April 20, 2019 |archive-url=https://web.archive.org/web/20190420190652/https://vashgorod.ru/news/106736 |url-status=dead }} In an interview with RBC, the head of Sibanthracite Barsky clarified that there are no threats to the company's work.{{cite web |url=https://www.rbc.ru/business/26/04/2019/5cc17cd89a794732b0b57ae0#ws |title=Глава "Сибантрацита" Максим Барский — РБК: "Курченко — угольный король Донбасса? Буду знать" |trans-title=Head of Sibanthracite Maxim Barsky - RBC: “Is Kurchenko the coal king of Donbass? I’ll know” |author= |date=April 26, 2019 |publisher=РБК |access-date= |language=ru}}
In April 2019, Sibanthracite announced that the construction time of the Severomuisky tunnel on the Baikal-Amur Magistrale would be 5 years.{{cite web |url=https://www.rbc.ru/rbcfreenews/5cbcceea9a794737755b9a68 |title="Сибантрацит" назвал сроки строительства тоннеля на БАМе за 260 млрд руб. |trans-title="Sibanthracite" announced the terms of construction of a tunnel on the BAM for 260 billion rubles. |author= |date=April 21, 2019 |publisher=РБК |access-date= |language=ru}}
In February 2021, it became known that Sibanthracite was bought by the company of the Russian-Armenian investor Albert Avdolyan - presumably for $1 billion.{{Cite web |url=https://www.kommersant.ru/doc/4682417 |title="А-Проперти" Альберта Авдоляна купила "Сибантрацит" |date=2021-02-09 |publisher=Kommersant}}
= VostokCoal MC =
VostokCoal MC on a parity basis belongs to Dmitry Bosov and Alexander Isaev (chairman of the board).
VostokCoal specializes in creating new coal and infrastructure projects. The company, in partnership with state corporation Rostec, built the Port Vera coal terminal in Primorsky Krai and is preparing to start production at the Ogodginskoe coal field, the largest in the Russian Far East.{{cite news |url=https://www.gem.wiki/Vera_Port_Coal_Terminal |title=Порты Приморья и Восточной Арктики наращивают обороты |journal=Morvesti.ru |date=June 2023 }}
The Arctic Mining Company (AGK), part of the VostokCoal MC structure, began developing coal deposits on the Taimyr Peninsula around 2018.{{cite news |url=https://ggcaptain.com/russias-murmansk-shipping-signs-major-arctic-coal-shipping-contract/}}{{cite news |url=https://tass.com/economy/1029161 |title=Murmansk Shipping Company enters agreement to deliver coal along Northern Sea Route }}
Earlier, representatives of VostokCoal MC stated that by 2023 production at Taimyr would reach 30 million tons. However, as reported by the media, these plans were revised downwards due to the lack of a proven resource base.{{cite web |url=https://www.rbc.ru/business/31/01/2019/5c519ae09a7947e971515a33#ws |title=Компания Босова на треть снизила план добычи угля в Арктике |trans-title=Bosov's company has reduced its coal production plan in the Arctic by a third |author= |date=January 31, 2019 |publisher=РБК |access-date= |language=ru}}
In 2019, Bosov was the subject of a negative media campaign, spurred by the arrest of his business partner, Mikhail Abyzov. The campaign was conducted mainly by users of the Telegram-channel Nezygar.{{cite web |url=https://vgudok.com/lenta/nezygar-vs-bosov-mimo-tyoshchinogo-doma-2-zhd-hayli-laykli-vypusk-no50 |title= @Незыгарь vs. Босов. "Мимо тёщиного дома" – 2. |author= |date= April 23, 2019|publisher=VG |access-date=April 24, 2019 |language=en}} As the Telegram Nezygar reported on April 17, 2019, the UFSB for the Krasnoyarsk region opened a criminal case against the Arctic Mining Company (AGK) on April 8, 2019. According to Nezygar, company managers are suspected of illegal coal deals in the absence of a coal mining license. One of the grounds for initiating the case was the results of the inspection of the AGK by Rosprirodnadzor (Federal Service for Supervision of Natural Resource Usage) in 2017. In the same year, Rosprirodnadzor fined AGK 954 million Rubles, stating that it was conducting illegal coal mining. The Arctic Mining Company challenged the audit results in court.{{cite web |url=https://www.rbc.ru/business/24/03/2018/5ab38d169a79470c6489e7f7 |title=Босов предложил Росприроднадзору мировую по спору на 1 млрд руб. |trans-title=Bosov offered Rosprirodnadzor a settlement in the dispute for 1 billion rubles |author= |date=March 24, 2018 |publisher=РБК |access-date= |language=ru}}
= Genius Fund =
In 2018, Bosov financed the creation of the Genius Fund, a vertically integrated cannabis company based in California. The company sought to own its supply of marijuana, which would then be distributed through its line of luxury-branded dispensaries, seeking to disconnect from stoner culture. Bosov was the company's sole investor and used over $160 million of his own money.{{cite magazine |last=Gibson |first=Mary Jane |title=The Oligarch and the Marijuana Fund |url=https://www.rollingstone.com/culture/culture-features/marijuana-company-dima-bosov-genius-weed-fund-1191642/ |magazine=Rolling Stone |date=23 August 2021}} The Genius Fund was led by two tech entrepreneurs, Ari Stiegler and Gabriel Borden. Bosov was initially introduced to Stiegler and Borden by Danny Abyzov, the son of Bosov's former business partner, Mikhail Abyzov.
In December 2019, Gary “Igor” Shinder was brought on as an advisor. Shinder would lay off the company's entire staff in March 2020, citing complications from the COVID-19 pandemic. The company would close its Melrose Avenue-based flagship store and cease operations soon after.
In April 2020, weeks before Bosov's death, a multi-million dollar lawsuit was filed, where former chief executive officer Francis J. Racioppi alleged "corporate mismanagement, subterfuge, and fraud." A confidential settlement was reached in April 2021 and Racioppi dropped the lawsuit.
Personal life
Bosov was married to Katerina Bosova and had five children.{{cite news |last=O'Leary |first=Abigail |title=Russian billionaire owner of global coal company found shot dead at home |url=https://www.mirror.co.uk/news/world-news/russian-billionaire-owner-global-coal-21989751 |work=The Mirror |date=7 May 2020}} He enjoyed playing ice hockey and was a main sponsor of Vladimir Putin’s Night Hockey League.
= Death =
Bosov was found dead in Usovo, Moscow Oblast, on May 6, 2020, as a result of a gunshot wound to the head. The action was speculated to have been a suicide,{{cite web |last=Dawkins |first=David |title=Billionaire Dmitry Bosov Dies From 'Gunshot Wound' At Home In Moscow |url=https://www.forbes.com/sites/daviddawkins/2020/05/07/billionaire-dmitry-bosov-dies-from-gunshot-wound-at-home-in-moscow/ |work=Forbes |date=7 May 2020 |access-date=7 September 2022}}{{cite web |url=https://www.rbc.ru/society/06/05/2020/5eb2c8b19a7947886709a127 |title=Миллиардер Дмитрий Босов покончил с собой |trans-title=Billionaire Dmitry Bosov committed suicide |date=6 May 2020 |lang=ru |access-date=4 December 2023}} however, two of Bosov's sons alleged that foul play had likely occurred.