He's Got The Oil. Now Can He Make Money?

Mikhail Khodorkovsky's giant merger faces huge challenges

Mikhail B. Khodorkovsky is a Russian mogul on the move. The 34-year-old banker and oilman's philosophy: "If you want to play with the big boys, you have to be a big boy yourself." On Jan. 19, he announced that he will merge his Yukos oil company with Russia's Sibneft to create Yuksi, the largest oil company in Russia and the third-largest publicly traded oil company in the world after Royal Dutch/Shell and Exxon Corp.

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