A week after the death of former Russian Defense Minister Sergei Ivanov, anti-corruption researchers reveal his family’s real estate empire worth tens of millions of dollars
The family of Sergei Ivanov, a former Russian defense minister who died on June 26, owns properties worth a combined 4.2 billion rubles (almost $54.2 million), according to a new video from the Anti-Corruption Foundation (FBK).
Ivanov himself owned a 2,700-square-meter (about 29,000-square-foot) house on a plot of more than one hectare (about 2.5 acres) in Zhukovka, on the Rublyovo-Uspenskoye Highway, in the Moscow region. FBK valued the property at more than 2 billion rubles (more than $25.8 million).
The video also identifies a 926-square-meter apartment (about 9,970 square feet) in the W Residences complex in Dubai. Sergei Ivanov Jr.’s wife — the former minister’s daughter-in-law — bought it in February 2023, “at the height of the war and belt-tightening,” FBK said. A comparable apartment is worth 480 million rubles (about $6.2 million), according to the foundation.
Other properties belonging to Ivanov and his family include apartments in Moscow — the number and value of which the video does not specify — and a plot of land on the coast in Kaliningrad. In his official declarations, Ivanov reported earning just over 1 million rubles a month (about $13,000).
Sergei Ivanov died on June 26 at 73. He held the posts of secretary of Russia’s Security Council, defense minister, first deputy prime minister, deputy prime minister, and head of the presidential administration. In 2007, Ivanov was among the candidates seen as possible successors to Vladimir Putin, but he lost the race to Dmitry Medvedev.
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