Seven passengers and three crew were on board the Embraer aircraft, which was en route from Moscow to St Petersburg, TASS news agency reported.
The jet crashed near the village of Kuzhenkino Tver region, 60 miles north of Moscow, according to Russia's emergency situations ministry.
Multiple videos circulating on social media appear to show the jet crashing.
Prigozhin led a short-lived mutiny against Russia's top military brass in June, and was described at the time by Vladimir Putin as a "traitor".
Russia's Federal Air Transport Agency has stated that Wagner head Yevgeny Prigozhin has died in the plane crash outside of Tver, Russia.
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