Businessman Badri Patarkatsishvili: biography, activities and interesting facts

In business circles, this Georgian businessman was a colorful, respected figure. They called him the richest citizen of Georgia. Badri Patarkatsishvili had a huge sphere of interest: he financed sports clubs, was a sponsor of chess players, wrestlers, swimmers. He created the media holding Art-Imedi. Many people considered him, his partner was Berezovsky himself, for a long time he was considered the “gray cardinal” of the country. Like his companion, Badri spent the last days of his life in London.

Badri Patarkatsishvili

Badri Patarkatsishvili. Biography

Patarkatsishvili was born in Tbilisi in 1955 on October 31. His parents were Jews: the father Shalva, the mother of Natela Patarkatsishvili. Parents were deeply religious people and from an early age taught Badri Patarkatsishvili to attend the synagogue. Because of their unusual origin for Georgia, peers from childhood did not like Badri.The relationship was also complicated by the fact that the boy, since childhood, was too infantile about the cases of humiliation on the part of his classmates, he did not seek to show his "I". In the Georgian Komsomol Badri managed to make a career, in the future he even became a member of the Communist Party. After Patarkatsishvili graduated from the Georgian Polytechnic Institute, he began to work at the Tbilisi worsted and woolen factory. He began his public work as deputy secretary of the Komsomol organization. Subsequently became deputy director of the company. After the Union collapsed, Badri Shalvovich was the initiator of the transformation of the enterprise in JSC "Maudi".

Badri Patarkatsishvili biography

LogoVAZ. Connection with Berezovsky

Already in the 90s, Patarkatsishvili, by the nature of his work, was connected with the affairs of the Russian businessman Boris Berezovsky. In 1990, Badri took the post of director of the regional Caucasus office of LogoVAZ. In 1992, he was already deputy. Director General of LogoVAZ. Berezovsky and Badri Patarkatsishvili at the time of their acquaintance were influential people. Badri was the author of a monograph on pricing in the country of the Soviets.Boris Berezovsky was already a doctor of physical and mathematical sciences. At the plant, Berezovsky had the task to improve management methods, and Patarkatsishvili provided him with all possible assistance in his work.
Businessmen made their first millions on the sales of Zhiguli. They did not forget about the interests of the head of the VAZ Kadannikov, part of the profit always went to him. This is how Badri Patarkatsishvili started his career, his fortune at the end of his life was estimated at 13 billion dollars. In 1993, Badri moved with his family to Lyubertsy, and in 1994, to the capital itself. In 1994-1995, his activity was connected with the “Russian Automobile Leaders”, where he worked as a vice-president.


After successful cooperation at the car factory Badri Patarkatsishvili did not close his ties with Berezovsky. Gradually, business interests began to move to other areas, including Russian television. Badri Shalvovich is appointed to the post of deputy general director for the commercial unit (in fact, the ORT treasurer). Also in this structure, he becomes the first deputy head. Badri Patarkatsishvili in this period is a very significant and authoritative person. In the business press, his photos appeared quite often.Soon he is chairman of the commission for the sale of a controlling stake in Sibneft. It was thanks to Patarkatsishvili that most of the company's securities went to Boris Berezovsky. Later, the interest of the oligarchs was caused by the TV-6 channel, the management began to head Patarkatsishvili. A little later, he buys Kommersant from Berezovsky, the amount of this contract was one hundred million dollars.

Badri Shalvovich Patarkatsishvili

Return to Georgia

In 2001, Badri Shalvovich Patarkatsishvili returned to Georgia. In Russia in June 2001, the Prosecutor General’s Office charged him that Badri was the organizer of the escape of Nikolai Glushkov, a high-ranking official from Aeroflot who was detained. And in October, Patarkatsishvili was already accused of fraud in a case of car theft at AvtoVAZ. In July 2001, the oligarch was put on the international wanted list, but the Georgian side did not intend to extradite him to the Russian authorities. In the same period, Boris Berezovsky, with the coming to power of Putin, fled from Russia to England. So went the road business partners.

Badri Patarkatsishvili and Olga Safonova

Business in Georgia

In 2002, Badri Patarkatsishvili established the first Imedi media holding in Georgia.At that time, he became the owner of a capital circus, a Tbilisi basketball, football club. He actively began to finance swimmers, wrestlers, chess players. It invests a lot of Badri funds in the reconstruction of the ancient capital of Georgia Mtskheta, as well as in the construction of the Cathedral of the Holy Trinity. In addition, Patarkatsishvili Tbilisi City Hall provided an interest-free loan of one million dollars, when Moscow was given a warning about the cessation of gas supply in connection with unpaid debts. In 2003, Badri Shalvovich became president of the Federation of Georgian Businessmen. In 2004, he was called the “businessman of the year” in Georgia. In 2004 he became president of the Olympic Committee of the Republic of Georgia. In 2005 - President of the World Jewish Television. In 2006, Boris Berezovsky gave Patarkatsishvili his stake in Kommersant.

Against the regime of Saakashvili

In 2006, Badri Patarkatsishvili began his speeches in Georgia against the current regime of Saakashvili. In the structure of the president, he was called at that time the “unofficial boss of the opposition forces” that existed in the country at that time.In the autumn, a protest demonstration was organized in front of the legislative power against the regime in Georgia. Badri took the last part in it. The police intervened in the current situation. The oligarch then declared publicly that he was ready to part with his capital, if only to overthrow the dictator Saakashvili. In a short time the prosecution of Tbilisi initiated a criminal prosecution. The accusation was an attempt to overthrow the power of the current President Saakashvili.

Patarkatsishvili Badri Shalvovich biography


After such accusations, Badri Patarkatsishvili left for London from Georgia. He sold part of the assets of the Georgian media holding to Western partners, seeking to reduce political and commercial risks. In 2006, Russian businessman Alisher Usmanov Patarkatsishvili sold all shares of Kommersant. According to some sources, Boris Berezovsky and Badri Patarkatsishvili were going to buy out the London football club West Ham. In March 2007, Badri made a public statement that in fact he left Georgia, that he would no longer be involved in politics and business and would retain only participation in charitable projects.In October of the same year, Patarkatsishvili refused the post of head of the Federation of Businessmen of Georgia. He stated that this federation had become a useless structure and was not already performing the function of an intermediary between the authorities and businessmen, as it was originally.

Badri Patarkatsishvili fortune


Patarkatsishvili Badri Shalvovich, whose biography is replete with significant events, in the fall of 2007 decided to change his life. On November 28, the Georgian CEC gave information on the nomination of Badri Patarkatsishvili for special elections as a candidate for the post of head of state. Elections were appointed by the current president in January 2008. In December 2007, the Georgian Prosecutor General’s Office, in the person of Nika Gvaramiya, said that he was closing the criminal case against Patarkatsishvili because, as a presidential candidate, he became the owner of immunity of immunity. At the end of December, shortly before the elections themselves, a video was shown on Georgian television that badly compromised Badri Shalvovich, his rating dropped significantly, and in the elections he managed to get only 7% of the vote, to go to 4th place. Mikhail Saakashvili won the election that year, gaining 53% of the vote.

The last days of life. A family

The last months of his life Badri Shalvovich Patarkatsishvili spent in England. A businessman died in 2008 on February 12 around 23 hours in his London mansion. The cause was called a heart attack, but it is worth noting that he had never complained about such diseases before. Badri Shalva Patarkatsishvili's father also died unexpectedly from a heart attack, at that time he was only 48 years old. After the autopsy, a pathology was established that could cause sudden death, and no symptoms of heart disease were found. One way or another, a special commission was created in London; it had to determine the true causes of the businessman’s death. The investigation also found the cause of a heart attack.

Berezovsky and Badri Patarkatsishvili

Some information that concerns the heirs of Patarkatsishvili. In 1979, Inna Gudavadze became the legal wife of Badri. A businessman never divorced her. Two daughters were born in marriage: their names are Liana and Iya. Secretly from his wife in Russia in 1997, Badri Patarkatsishvili and Olga Safonova entered into marriage. In this union was born the son of David. In 2008, after the death of Badri Shalvovich, by the court’s decision, the marriage was declared invalid. This decision satisfied the claim of Inna Gudavadze, the first wife of Badri Patarkatsishvili.Gudavadze representatives were pleased with this decision. They explain that the lawsuit had nothing to do with the sharing of the inheritance. Inna fought solely for her own reputation and honor. At the same time, Safonova’s lawyers present this litigation precisely as a struggle for the inheritance and, for their part, question the legality of Badri Patarkatsishvili’s first marriage.

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