Head of Ru-concert Morozov: Shatunov lost billions of rubles due to unsuccessful investments

On the day of his 50th anniversary, September 6, fans of singer Yuri Shatunov gathered at the Troekurovskoye cemetery to unveil a monument at his grave. The performer’s family, who flew in from Germany, was also present there. Relatives may have noticed that a large-scale construction project is underway nearby, which was started by one of the founders of the “Tender May” group, Andrei Razin.

It turned out that between Shatunov and Razin, in addition to the conflict over the rights of the song, another one had arisen. The producer dragged the singer into the business, because of which the second lost most of his fees for concerts. The site reports this KP.RU.

In one of the interviews, Shatunov himself said that when it all began, he was small and they didn’t give him any money, and all the talk about multimillion-dollar fees, in his words, is “complete nonsense.”

In turn, the head of the Ru-concert company, Evgeny Morozov, told the publication that he had heard that Shatunov earned about 100 million euros during his career (about 10 billion 238 million rubles at the current exchange rate).

“Another thing is that almost all of these millions burned due to Razin’s unsuccessful investments. Consider for yourself: the heirs only got a house in Germany, an apartment in Moscow, creative heritage and a bank account. Yes, Yura was not a poor man, but he could have lived much better,” Morozov said.

According to him, while in “Tender May,” Shatunov and Razin had an agreement, according to which the producer gave the singer money only for living, and insisted on investing the rest in real estate, assuring him that it would bring dividends.