Support The Moscow Times!

City Official's Wife is Among Estonia's Richest People

The wife of a Moscow official has ranked as the richest woman in the Baltic state of Estonia, a news report said.

Tatiana Liksutova, 37, is worth almost 104 million euros ($140.6 million), the Estonian business publication Aripaev reported Tuesday.

Liksutova is the wife of Maxim Liksutov, chief of Moscow City Hall's department for transport and roads.

Her reported wealth also put her down as No. 12 on the list of Estonia's richest people.

Liksutova took over some of her husband's assets this summer, the publication wrote. The transfer apparently took place in the run-up to the enforcement deadline of a law that bans officials from owning foreign businesses and securities, which President Vladimir Putin signed in May.

Changing hands was a stake in the Estonian-registered parent company of Transgroup Invest, Aripaev reported. Liksutova also owns other assets in the small country, including the Italian restaurant Gianni in downtown Tallin, the report said.

Liksutov used to have Estonian citizenship — granted in 2005 for his contribution to the country's economy — but he gave it up last year when he received his post in the Moscow city government.

Liksutov said he also pulled out of his businesses after the appointment to City Hall.

Forbes estimated last year that the value of Liksutov's assets was $500 million in 2011, ranking him as the 184th richest person in Russia.

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.