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  • Writer's pictureBy The Financial District

Chairman Of Russia's Largest Private Oil Firm Dies In 'Suicide'

The chairman of the board of Russia’s largest private oil company Lukoil has died, with Russian news agencies on Thursday, Sept. 1, 2022, citing sources saying that he had fallen from a hospital window in what may have been a suicide, the Associated Press (AP) reported.


Photo Insert: Lukoil, chaired by Maganov, was one of a few Russian companies to publicly call for an end to Russia’s military operation in Ukraine, calling in March for the “immediate cessation of the armed conflict.”



A Lukoil statement said Ravil Maganov “passed away after a severe illness” but did not give further details.


Lukoil was one of a few Russian companies to publicly call for an end to Russia’s military operation in Ukraine, calling in March for the “immediate cessation of the armed conflict.”



That call could have caused Maganov to be put on the crosshairs of the allies of Russian President Vladimir Putin comprised of generals and security known in Russia as the “siloviki.”


Russian news reports said his body was found on the grounds of the Central Clinical Hospital, where Russia’s political and business elite are often treated. He appeared to have fallen from a sixth-story window, the reports said.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Maganov joins the list of Russian oligarchs and top businessmen who have died under mysterious circumstances since Putin ordered the Feb. 24 invasion of Ukraine.


State news agency TASS cited an unnamed law enforcement source as saying Maganov had committed suicide and that he had been admitted to the hospital after a heart attack. The news site RBK also said police were investigating the possibility of suicide.



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