Wealth of 100 richest Ukrainians highest since 2014

Altogether Ukraine’s 100 richest billionaires and millionaires are worth $47.4 billion, up from $34.4 billion last year, NV magazine reported on Nov. 4.

This year’s figure is the highest since 2014 when Russia’s war against Ukraine started, although it still falls short of pre-war 2013 when this cohort was estimated at a total of $67 billion. The record number of $83.7 billion was recorded in 2011.

The oligarchs invariably find themselves at the top of the annual wealthiest Ukrainians rating, with Rinat Akhmetov in first place, followed by Viktor Pinchuk and Vadym Novinsky.

The ranking also saw 13 newcomers. They represent the IT and space sectors.

According to NV, eight businessmen on the list control almost all of the country’s metallurgy and chemical industries. Dragon Capital investment company estimated their fortune at $22.2 billion, nearly half of the total rating.

The top 5 richest Ukrainians in 2021 are:

1. Rinat Akhmetov, $11.54 billion

Rinat Akhmetov, 55, the ironworks and energy tycoon originally from the Donbas, remains the country’s wealthiest person in 2021. The billionaire’s assets in the metallurgical sector have shown excellent results this year on surging steel and iron ore prices. Strong demand for coal and electricity have added weight to Akhmetov’s domestic standing.

2. Viktor Pinchuk, $2.6 billion

Pinchuk, 60, whose assets span from steel works to media, saw his net worth almost double over the past year from $1.4 billion to $ 2.6 billion. Interpipe, his main business asset which produces steel pipes and railway wheels, is worth $500 million.

Pinchuk also owns Star Light Media Holding, which controls nearly 20% of Ukraine’s television market.

3. Vadym Novinsky, $2.4 billion

Originally a Russian millionaire, Novinsky, 58, acquired Ukrainian citizenship in 2012 from then-President Viktor Yanukovych.

Rising prices for ore and metal have increased the value of Akhmetov’s Metinvest steel holding, hence also the wealth of minority shareholder Novinsky.

In 2020, Novinsky, a pro-Russian lawmaker in parliament, was ordained as a deacon in the Ukrainian Orthodox Church of the Moscow Patriarchate.

4. Petro Poroshenko, $1.5 billion

The country’s fifth president, currently a lawmaker and leader of the 27-member European Solidarity faction in parliament, owns Roshen, the country’s top confectionary company. Poroshenko is also the official owner of opposition  TV channel “Pryamy.”

5. Kostyantyn Zhevago, $1.4 billion

Majority owner of London-listed Ferrexpo ore mining group, the 47-year old cannot set foot on Ukrainian soil. In 2019, the Prosecutor General’s Office declared him internationally wanted for embezzling $90 million through his bank Finance and Credit. Since then, the businessman has run affairs remotely. In 2020, Ferrexpo’s earnings increased by 46% to $859 million.

The NV list of Ukrainian billionaires and millionaires also includes: 

6. Oleksander and Halyna Gerega, Epicenter-K – $1.5 billion
7. Igor Kolomoisky, Privat Group – $1.4 billion
8. Vlad Yatsenko, Revolut – $1.3 billion
9. Gennady Bogolyubov, Privat Group – $1.2 billion
10. Dmitry Firtash, Group DF – $1.7 billion
11. Serhiy Tigipko, TAS – $833 million
12. Yuriy Kosyuk, MHP – $581 million
13. Viktor Medvedchuk, family assets in energy and metallurgy – $569 million
14. Maxim Polyakov, Firefly Aerospace – $540 million
15. Andriy Verevsky, Kernel – $514 million
16. Alexey Martinov, Privat Group – $505 million
17. Vladislav Chechotkin, Rozetka.ua – $472 million
18. Alexander Yaroslavsky, DCH Investment – $462 million
19. Alexey Vadatursky, Nibulon – $459 million
20. Vitaliy Khomutynnik Cascade-Invest – $404 million
21. Vagif Aliyev, Mandarin Plaza Group – $394 million
22. Vladimir Kostelman, Fozzy Group – $388 million
23. Dmitry Lider, Grammarly – $386 million
24. Maxim Lytvyn, Grammarly – $386 million
25. Oleksiy Shevchenko, Grammarly – $386 million
26. Alexander Konotop, Ajax – $380 million
27. Yevhen Yermakov, ATB – $378 million
28. Victor Karachun, ATB – $378 million
29. Gennady Butkevich, ATB – $378 million
30. Dmytro Zaporozhets, GitLab – $375 million
31. Georgy Skudar, Novokramatorsk Machine-Building Plant – $355 million
32. Stepan Chernovetsky, CIG – $346 million
33. Mykola Zlochevsky, Burisma Group – $338 million
34. Fila Zhebrovska, Farmak – $333 million
35. Pavlo Ovcharenko, Agrein – $331 million
36. Adnan Kivan, Kadorr Group – $302 million
37. Oleg Roginsky, People.ai – $279 million
38. Igor and Hryhoriy Surkis, Dynamo Kyiv, Ukrenergoconsulting – $275 million
39. Volodymyr Popereshnyuk, Nova Poshta – $ 73 million
40. Vyacheslav Klimov, Nova Poshta – $273 million
41. Yevhen Chernyak, Global Spirits – $249 million
42. Taras Kitsmey, Softserve – $245 million
43. Vasyl Khmelnytsky, UFuture Investment Group – $223 million
44. Valery Kiptyk, Olvia Corporation (Varus, Eva) – $220 million
45. Gleb Zagoriy, Darnitsa Pharmaceuticals- $217 million
46. ​​Vitaly Antonov, Universal Investment Group (UKCO) – $211 million
47. Alexander Petrov, Industrial Milk Company – $208 million
48. Kateryna Kostereva, Terrasoft – $207 million
49. Serhiy Lyovochkin, Inter Media Group – $202 million
50. Vadim Nesterenko, Ristone Holdings – $202 million
51. Yaroslav Lyubinets, Softserve – $199 million
52. Alexander Kosovan, MacPaw – $196 million
53. Oleksiy Dubilet, Monobank / Fintech Band – $196 million
54. Alexander Spector, Blockbaster Mall – $187 million
55. Serhiy Krolevets, Eridon – $186 million
56. Victor Polishchuk, Eldorado, shopping center and BC Gulliver – $183 million
57. Oleg Vyshnyakov, Cosmopolitan shopping mall – $179 million
58. Roman Chigir, Fozzy Group – $175 million
59. Oleg Sotnikov, Fozzy Group – $175 million
60. Vadim Yermolaev, Alef Estate – $173 million
61. Vladimir Galanternyk, real estate in Odessa (Arcadia City) – $172 million
62. Leonid Yurushev, Hotels InterContinental, Fairmont and Alfavito – $170 million
63. Taras Vervega, SoftServe – $167 million
64. Ruslan Shostak, Varus, & Eva – $165 million
65. Taras Barshchovsky, T.B.Fruit group of companies – $165 million
66. Viktor Yushkovsky, Megamarket, Manufactory, Butterfly Cinemas, Terminal Mall – $156 million
67. Konstantin Grigorishin, Energy Standard – $155 million
68. Vitaliy and Volodymyr Klitschko, Klitschko Management Group – $154 million
69. Vyacheslav Boguslaev, Motor Sich – $152 million
70. Zinoviy Kozytsky, Zakhidnadraservis, Next Bike – $145 million
71. Sviatoslav Nechytaylo, Bayadera Group of Companies – $143 million
72. Andriy Ivanov, Quarter Partners – $143 million
73. Spy Family, Dairy Alliance – $137 million
74. Roman Lunin, Retail Group (Big Pocket), Equator Mall – $136 million
75. Pavel Fuchs, East Europe Petroleum – $134 million
76. Nver and Artur Mkhitaryani, Taryan Group – $133 million
77. Yuriy Vasylyk, SoftServe – $131 million
78. Oleg Denis, SoftServe – $130 million
79. Victor Ivanchyk, Astarta – $130 million
80. Mykola Rudkovsky, Naftogazvydobuvannya – $129 million
81. Serhiy Labaziuk, Vitagro – $128 million
82. Valery Khoroshkovsky, Inter Media Group – $125 million
83. Maxim Yefimov, Donbasenergo – $122 million
84. Boris Kaufman, Tedis Ukraine, Vertex United – $118 million
85. Boris Muzalyov, Tavriya B – $115 million
86. Andriy Adamovsky, OLEDO Group – $114 million
87. Yegor Grebennikov, TIS – $114 million
88. Andriy Stavnitser, TIS – $113 million
89. Boris Kolesnikov, APK-Invest & Konti – $112 million
90. Dmytro Kravchenko, LNZ Group – $111 million
91. Stanislav Ronis, Comfy – $111 million
92. Oleksandr Pylypenko, Kowalska – $107 million
93. Andriy Biba BRSM, – $105 million
94. Anatoliy Skriblyak, Budhouse Group – $105 million
95. Rafael Goroyan, Prometheus Group of Companies – $103 million
96. Vitaliy Haiduk, Hyatt – $103 million
97. Eduard Mkrtchan, Wind Parks of Ukraine, Fuhrlaender Windtechnology, United Transport Holding – $100 million
98. Oleg Gorokhovsky, Monobank / Fintech Band – $100 million
99. Yevhenia Kryvenko (Yatsenko), Monobank / Fintech Band – $100 million
100. Mykhailo Rohalsky, Monobank / Fintech Band – $100 million.