• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Russia
Europe

Deaths of 2 Russian oligarchs within 48 hours add to wave of executives found dead in ‘suspicious’ circumstances

By
Chloe Taylor
Chloe Taylor
Down Arrow Button Icon
April 25, 2022, 8:30 AM ET

Two Russian oligarchs found dead alongside their families within 48 hours of each other are the latest high-profile executives to die in mysterious circumstances since the beginning of the year.

The body of Vladislav Avayev, former vice president of Russian lender Gazprombank, was found with those of his wife and daughter in the family’s Moscow apartment last week, Russian state-controlled news agency TASS reported on April 18.

Gazprombank is Russia’s third largest bank, and services energy giant Gazprom, the country’s major exporter of natural gas.

TASS said preliminary evidence suggested the deaths were the result of a murder-suicide, alleging Avayev was responsible, and adding that a police investigation was under way.

Avayev was a former Kremlin official, according to Western media reports.

On Wednesday, Spanish broadcaster Telecinco reported that Sergey Protosenya—a former executive at Novatek— died in a remarkably similar manner. Protosenya, his wife, and his 18-year-old daughter were all found dead in their villa in the upscale Spanish coastal town of Lloret de Mar.

Novatek is Russia’s largest independent producer of natural gas.

According to local law enforcement, Telecino reported, initial investigations appeared to show that the family’s deaths had resulted from a murder-suicide.

But Spanish news outlet El Punt Avui later reported that investigators had not ruled out a third party carrying out a triple murder.

Novatek—where Protosenya worked between 1997 and 2015—said in a statement Thursday the company is convinced that speculation about the mysterious circumstances around the deaths, and who may be responsible, “are not related to reality.”

“Sergey Protosenya…has proven himself to be a wonderful person and a wonderful family man,” Novatek said. “We hope that the law enforcement agencies of Spain will conduct a thorough and objective investigation and sort out what happened.”

Previous unsolved cases

The deaths of Avayev and Protosenya and their families come after Russian oligarchs Leonid Shulman and Alexander Tyulyakov were found dead in mysterious circumstances earlier this year.

Shulman, head of Gazprom’s Invest transport service, was found with stab wounds to his wrists, while Tyulyakov was found hanged in a garage.

Both men were found in a luxurious real estate compound of Leninskoye, near St. Petersburg.

The spate of apparent suicides “seem somewhat suspicious,” according to Polish thinktank the Warsaw Institute.

Shulman’s January death came after a probe into his alleged fraud at Gazprom was opened the prior autumn, while Gazprom’s security units arrived at the scene with police following Tyulyakov’s death in February, according to the organization. The Warsaw Institute said in a note on its Russia Monitor site yesterday that Gazprom’s security agency is investigating all four of the deaths.

“In all cases, there are widespread suspicions that the deaths may have been staged as suicides, but who did this and why?” said Grzegorz Kuczyński, director of the Warsaw Institute’s Eurasia Program.

A spokesperson for the Russian government was not immediately available for comment when contacted by Fortune. Gazprom did not immediately respond to Fortune’s request for comment.

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.
About the Author
By Chloe Taylor
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

Latest in

Personal FinanceReal Estate
Current ARM mortgage rates report for Dec. 25, 2025
By Glen Luke FlanaganDecember 25, 2025
50 seconds ago
Personal FinanceReal Estate
Current refi mortgage rates report for Dec. 25, 2025
By Glen Luke FlanaganDecember 25, 2025
50 seconds ago
tariffs
PoliticsTariffs and trade
53-year-old customs broker wants to ‘Make Trade Boring Again,’ saying you won’t believe how complex cheese is these days
By Matt Sedensky and The Associated PressDecember 24, 2025
10 hours ago
HHS
LawMedicaid
Medicaid paid over $200 million to dead people in 2021 and 2022, federal watchdog says
By Fatima Hussein and The Associated PressDecember 24, 2025
10 hours ago
nursing
LawPennsylvania
‘Never seen such heroism’: Christmas Eve bravery on display as rescuers rush into burning nursing home that rocked Pa. city for miles around
By Mingson Lau, Marc Levy, Mark Scolforo and The Associated PressDecember 24, 2025
10 hours ago
nursing
North AmericaPennsylvania
Pennsylvania nursing home rocked by deadly explosion on Christmas Eve
By Tassanee Vejpongsa, Mark Scolforo, Marc Levy and The Associated PressDecember 24, 2025
10 hours ago

Most Popular

placeholder alt text
Retail
Trump just declared Christmas Eve a national holiday. Here’s what’s open and closed
By Dave SmithDecember 24, 2025
21 hours ago
placeholder alt text
Personal Finance
Trump turns government into giant debt collector with threat to garnish wages on millions of Americans in default on student loans
By Annie Ma and The Associated PressDecember 24, 2025
21 hours ago
placeholder alt text
Personal Finance
Financial experts warn future winner of the $1.7 billion Powerball: Don't make these common money mistakes
By Ashley LutzDecember 23, 2025
2 days ago
placeholder alt text
Economy
Obama's former top economic advisor says he feels 'a tiny bit bad' for Trump because gas prices are low, but consumer confidence is still plummeting 
By Sasha RogelbergDecember 24, 2025
14 hours ago
placeholder alt text
Law
Disgraced millennial Frank founder Charlie Javice hits JPMorgan with $74 million legal bill, including $530 in gummy bears and $347 'afternoon snack'
By Sasha RogelbergDecember 23, 2025
2 days ago
placeholder alt text
Success
'When we got out of college, we had a job waiting for us': 80-year-old boomer says her generation left behind a different economy for her grandkids
By Mike Schneider and The Associated PressDecember 23, 2025
2 days ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.