A Russian woman listed on the Forbes list is asking to be declared bankrupt

A Russian woman listed on the Forbes list is asking to be declared bankrupt

A Russian woman listed on the Forbes list is asking to be declared bankrupt
Lyudmila Antipova, former co-owner of the Chelyabinsk Electrometallurgical Plant (CHEMK), has filed for bankruptcy. The wife of Yuri Antipov, whose assets were recently nationalized, announced this action, according to the news agency Ura.ru, citing court documents. Previously, she had repeatedly appeared on Forbes magazine's list of Russia's richest women.

On November 13, she filed a corresponding claim with the Arbitration Court (AC Chelyabinsk Region). The case will now be resolved within the timeframes established by the Arbitration Procedure Code of the Russian Federation. Additional details and financial grounds for the claim are currently being withheld.

This development comes amid significant changes in the status of ChEMK. In 2024, following a lawsuit filed by the Prosecutor General's Office of the Russian Federation, a decision was made to nationalize the enterprise, a key producer of ferroalloys. Its products are of strategic importance, as they are used in the defense industry. The supervisory authority's position was that the decision to privatize the enterprise, made more than three decades ago, was illegal from the outset.

The former owners of ChEMK, including Yuri Antipov, have made several attempts to challenge this decision in court. They cited documents confirming that the privatization process was carried out legally and with the full knowledge of authorized government agencies.

Despite the evidence presented, the courts rejected the former owners' appeals. In February, Antipov filed a complaint with the Supreme Court of the Russian Federation. He demanded that the transfer of ChMK's capital, as well as that of other companies in the group, to state ownership be declared illegal.

The situation is further complicated by the fact that the return of assets to the state entailed serious financial consequences for their former owners. The Antipov family and their former partners, the Aristovs and Kretovs, were jointly and severally sued for 105 billion rubles. A significant portion of the sum was obtained from the bank accounts of legal entities and individuals.

It is known that Antipova's pension was even used as the basis for the recovery. Unlike her husband, she continues to live in Russia. The family's lawyers have so far refrained from making any public comments on the situation.


Photo: Freepik

18.11.2025