Russian Multi-Millionaire Natalia Fileva Dies In Plane Crash

This article was published on: 04/1/19 8:51 AM

Russian multi-millionaire Natalia Fileva, an aviation entrepreneur and one of the country’s wealthiest business women, has died in a plane crash in Germany.

According to the BBC, Natalia Fileva, 55, an aviation entrepreneur, died when her private jet crashed while landing at Egelsbach airport near Frankfurt on Sunday. According to news reports, another passenger and the pilot also died in the crash. S7 said in a statement that it is still investigating the cause of the crash.

Natalia Fileva, 55, was a co-owner and chairman of S7, also known as Siberia Airline, Russia’s largest private airline and the country’s second biggest after Aeroflot. Fileva and her husband Vladislav Filev, jointly ran S7, which carried close to 16 million passengers last year, according to information from Russia’s civil aviation agency.

The Bloomberg Billionaires Index has in the past valued Fileva’s fortune at at least $670 million, and apart from her thriving air travel venture, in 2016

Fileva, 55, was chairman and a major shareholder in S7, which began its growth in the 1990s and is Russia’s second-biggest airline after Aeroflot. “The circumstances of the tragedy aren’t known yet,” the Russian carrier said in a statement. Fileva’s fortune is valued at at least $670 million, according to the Bloomberg Billionaires Index

Her ambitions extended beyond air travel. In 2016, Fileva and her husband announced their intentions to compete with Elon Musk and Jeff Bezos in space travel when S7 agreed to acquire the floating rocket platform Sea Launch from a group of investors. The deal was finalized last year, and S7 even employed a chief designer to develop a cargo spacecraft.

“The S7 Group holding team expresses deepest condolences to the family and significant others,” the company said.

S7 is the main competitor in Russia to Aeroflot. It has 96 aircraft that fly to 181 cities and towns in 26 countries, the company’s website says.




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