You're reading: Wealth of 100 richest Ukrainians drops by $20 billion, report says

The total wealth of the top 100 richest Ukrainians decreased by one fourth in the past year to $20 billion, Forbes Ukraine has reported.

The decline of raw material prices, fall in sales of chemical products, slump in the engineering sector, closure of enterprises in the Anti-Terrorist Operation (ATO) zone and the loss of the Russian sales market contributed to the decrease.

The owner of SCM Rinat Akhmetov with $2.3 billion tops the list. Co-owners of PrivatBank Ihor Kolomoisky and Hennadiy Boholiubov share the second position (with $1.3 billion each). The owner of EastOne investment and consulting group and Interpipe Corporation Victor Pinchuk is fourth with $1.2 billion. Majority shareholder in MHP agricultural holding Yuriy Kosiuk is fifth with a fortune estimated at $1 billion.

The owner of Roshen Corporation and International Investment Bank, beneficiary of Ukrprominvest-Agro and Ukrainian President Petro Poroshenko is the sixth wealthiest Ukrainian with a fortune estimated at $858 million.

Nibulon Director General Oleksiy Vadatursky’s wealth increased 50%, to $840 million.

Oleksandr Yaroslavsky, with $721 billion, is eighth richest Ukrainian, followed by Kernel Andriy Verevsky with $694 million.

Former Kyiv City Mayor Leonid Chernovetsky, who lives in Georgia, is in tenth position with $680 million.