Vladimir Kekhman, since May 2007 General Director and today also Artistic Director of the Mussorgsky State Academic Opera and Ballet – the Mikhailovsky Theatre in St. Petersburg, has been declared personally bankrupt by a St Petersburg court. Nearly all of his income will be confiscated for the benefit of creditors, leaving just enough for Kekhman to live.
According to Russian media the debt of his personal company JFC is estimated at more than nine billion rubles (€121,7 million). Given the fact that Kehman combines the jobs of general director and artistic director of the Mikhailovsky Theatre, his salary is 1.3 million rubles (€ 17500) per month. From this salary he will just keep a little more than 11.000 rubles (€150) for himself.
