Trending

A body believed to be that of a Ukrainian-born oligarch was discovered in English mansion, reports

Business Insider US
The Wentworth Estate, which Watford owned. Rodolph at English Wikipedia/Wikimedia Commons.
The Wentworth Estate, which Watford owned. Rodolph at English Wikipedia/Wikimedia Commons.
  • A body believed to be that of the oligarch, Mikhail Watford, was found on Monday, The Times reported.
  • The Surrey Police said they could not confirm the identity of the deceased man.
  • Watford's suspected death comes as countries ramped up sanctions against Oligarchs linked to Russia. 
  • For more stories go to www.BusinessInsider.co.za.

A body believed to be that of Ukrainian-born oligarch Mikhail Watford has been found at an estate in Surrey, England, The Times reported.

In a statement sent to Insider, the Surrey police said that an investigation into the circumstances of the death was underway, but that they were not yet treating it as suspicious. 

The police could not confirm the identity of the deceased man. According to multiple local outlets, the body is believed to be Watford.

The oligarch made his fortune in gas and oil. He has bought multiple expensive properties across London and the south of England, including an £18 million ($24 million) mansion in Surrey, as per The Times.

His suspected death comes after Western countries imposed a series of sanctions on Russia in response to the invasion of Ukraine, including measures designed to cripple the assets of the wealthiest people linked to Russia.

The US recently sanctioned 10 Russian oligarchs with close ties to Putin, while the EU added 26 names to its sanctions list on Monday, including journalists, government officials, and oligarchs.

The UK government has not yet released a full list of sanctioned individuals. Watford was not on the existing list of individuals sanctioned by the UK, and there is no evidence that the oligarch had ties to Russia.

Get the best of our site emailed to you every weekday.


Go to the Business Insider front page for more stories.

Rand - Dollar
16.60
-1.5%
Rand - Pound
19.76
+0.1%
Rand - Euro
17.00
+0.3%
Rand - Aus dollar
11.23
-0.0%
Rand - Yen
0.12
-1.4%
Gold
1,767.81
-2.3%
Silver
19.15
-4.2%
Palladium
1,932.00
-0.1%
Platinum
865.50
-2.4%
Brent Crude
113.50
+1.7%
Top 40
58,953
-3.2%
All Share
65,006
-3.0%
Resource 10
59,416
-6.6%
Industrial 25
80,333
-1.1%
Financial 15
14,357
-3.2%
All JSE data delayed by at least 15 minutes Iress logo