3 Steel & Mining Oligarchs Wealthiest in Ukraine
According to Forbes, Ukrainian oligarch & richest man in Ukraine Mr Rinat Akhmetov’s fortune swelled by almost USD 4 billion to net worth of USD 7.6
According to Forbes, Ukrainian oligarch & richest man in Ukraine Mr Rinat Akhmetov’s fortune swelled by almost USD 4 billion to net worth of USD 7.6 billion. Mr Akhmetov's holding company, System Capital Management, oversees his stakes in a variety of mostly industrial businesses. He owns a stake of mining and steel firm Metinvest Group, one of the largest private companies in Ukraine. Mr Akhmetov is invested in energy through DTEK, a firm with coal mines, thermal power generation and Ukraine's largest wind farm. He also owns companies in telecom, engineering, finance, real estate, transportation and retail. The son of a coal miner, he got his start buying up mining assets during the 1990s privatization era in Ukraine.
The second-richest Ukrainian is Mr Victor Pinchuk, who owns the Interpipe company that makes pipes for the oil and gas business. Since June 2020, Pinchuk’s fortune has grown from USD 1.4 billion to USD 2.5 billion. Interpipe. Mr Pinchuk also owns Grand Buildings, a landmark historical building on Trafalgar Square in London. He is a son-in-law of Ukraine's former president MLeonid Kuchma.
Mr Kostiantyn Zhevago is listed third in the ranking. His fortune increased from USD 1.1 billion to USD 2.1 billion. Mr Zhevago owns a majority stake in Ukrainian mining company Ferrexpo, which is listed on the London Stock Exchange. He took over the precursor to Ferrexpo, Poltava Iron Ore, in 1996 and took it public in 2007.He was a member of Ukrainian Parliament from 1998 to 2019.