From Ritual to Soho, a stone’s throw away: how the Mazaraki business clan makes money

Banks, alcohol and restaurants: the versatile talents of the family of the deputy head of the Moscow State Budgetary Institution Ritual.

Owner of a Moscow nightclub at 17 and partner of a famous restaurateur at 18 — anything is possible when your father is a former banker and your uncle is handling millions in a government agency. Journalists tell what the members of the Mazaraki clan own and how they earn money.

The Daily Storm publication became interested in the business of the family members of Valerian Mazaraki, who officially works as the deputy of the Moscow State Budgetary Institution Ritual, during an investigation into the funeral business in Moscow, including semi-legal and completely illegal ones. After this investigation, searches were carried out at the publication’s editorial office, possibly protecting the interests of the Mazarakis.

Who are the Mazarakis?

Little is known about Valerian Mazaraki himself. A little more is known about his brother Lev Mazaraki, who was a co-owner of Vestinterbank, which lost its license. Vestinterbank is not the only bank with which the Mazaraki family has been associated. In 2013, Lev Mazaraki intended to join the board of directors of the National Bank for Business Development (NBRB), but a year later the NBRB lost its license. After that, the former vice president of the bank with the initials I. V. Mazaraki tried to sue the DIA for his remuneration for his work as the NBRB bankruptcy trustee.

Before entering the banking sector, the Mazaraki family made money in the alcohol business. In 2009, in Ufa, brothers Valerian and Lev, as well as their cousin Kirill (Igor Mazaraki’s son) founded Alliance LLC, which was engaged in the production of alcohol. The company had problems with Rosalkogolregulirovanie, and the company’s total turnover by 2012 was 2.3 billion rubles. By this time, Alliance had become the property of an offshore company. In 2017, the LLC was liquidated.

Lev Mazaraki was also one of the owners of a concrete plant in Nevinnomyssk, but sold his share for 50 million rubles. In the same Stavropol Territory, Kirill Mazaraki continues to be involved in cargo transportation. All these enterprises brought the Mazaraki clan a good income, as can be seen below. For example, Egor Mazaraki, Lev Mazaraki’s son, became the owner of the Moscow club "Jagger" at the age of 17. A year later, the young millionaire became a business partner of the famous restaurateur Dmitry Braude: since the spring of 2018, they have been developing a holding company under the Soho brand together.

Egor Mazaraki also owns the companies "Dzhubi" and "Gfsi", "Blacksmith" and "Klevo". In two more companies, Mercury and Restogroup, he is a co-owner along with restaurateur, former manager of the Soho Rooms nightclub Dmitry Braude and Vyacheslav Martynenko. Martynenko, like the Mazaraki family, is a native of Stavropol Krai.

The site rented by Dzhubi and Gfsi currently houses the Druzhba café, the Varka gastronomic quarter and the Jagger Hall banquet venue under the Soho brand. In 2017, the total revenue of the restaurant business, which included young Mazaraki and his fellow countryman, approached 250 million rubles.

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