Wagner PMC chief Yevgeny Prigozhin’s oil and gas and other ventures, despite Western sanctions, have earned him about $250 million in recent years. This is reported by the Financial Times.
The American publication took as the basis of its material a certain report containing data on the income received by Prigozhin four years before the special operation from the activities of his companies in Asia and Africa. The main “Wagnerian” made most of the money from the extraction and sale of oil, gold and precious stones.
The report mentions in particular the company “Euro Polis”, which received energy concessions from the Syrian government. According to Markets Insider, citing the FT, two years after the sanctions were announced in 2018, the company earned around $134 million, receiving a 180% return.
Also, before the EU sanctions, Prigozhin’s oil and gas company, Mercury LLC, operating in Syria, reported a profit of $67 million over three years, but later reported zero revenue. The M Invest company earned $2.6 million from gold mining in Sudan in 2021. Several other legal entities of Yevgeny Prigozhin made a profit of around $6 million in the same year.
Photos used: Bureau of Land Management California/flickr.com
