Apr 20, 2022
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Akhmetov is already demanding reparations from Russia

In the photo: businessman from Ukraine Rinat Akhmetov.

In the photo: businessman from Ukraine Rinat Akhmetov. (Photo: DPA/TASS)

The richest businessman in Ukraine Rinat Akhmetov so far, he remains the first in the list of Ukrainian dollar billionaires, although since the beginning of Russia’s military special operation in Ukraine, he has lost more than two-thirds of his fortune. However, the oligarch continues to raise the stakes.

Recently, Rinat Akhmetov promised to help rebuild Mariupol and restore the entire country.

According to the owner of Azovstal and the Ilyich Metal Plant, Mariupol showed “a world example of heroism.” He did not keep silent about his heroism, noting that he returned to the country from Switzerland on February 23 and has not left since then.

Earlier, SCM Group, owned by Akhmetov, said it would file a lawsuit against Russia. The businessman told Bloomberg about this. According to him, he expects to receive payments for the damage allegedly caused during the Russian special operation in Ukraine. The billionaire also expressed confidence that “Ukraine will demand and receive all reparations in full.”

In general, Akhmetov still has some resources left. According to the Ukrainian Forbes, in April 2021, the oligarch had a fortune of $ 7.6 billion. By February 2022, Akhmetov’s wealth had almost doubled, reaching $ 13.7 billion. But in just three weeks of Russia’s anti-Nazi special operation, the richest Ukrainian lost $ 9 .5 billion. $4.3 billion left.

And now Metinvest declares that the company’s enterprises will not operate in the Russian-controlled territories of Ukraine. First of all, this applies to Mariupol, where Akhmetov’s Metinvest owns the Ilyich and Azovstal factories, where armed Nazis and mercenaries are still hiding in the catacombs, as well as to three more enterprises in the Donetsk region, in territories controlled by Kiev so far.

In addition to metallurgical enterprises, Rinat Akhmetov owns power plants in Ukraine and a huge pool of media.

But about the property of Rinat Akhmetov on the territory of the Russian Federation, his top managers are silent. According to media reports, in Russia he may also own at least three other Russian companies associated with the coal mining industry. Of course, through dummies.

In second place on the Ukrainian Forbes list is the son-in-law of the ex-president Leonid KuchmaVictor Pinchuk. His fortune has decreased from $2.6 billion to $1.9 billion. $900 million of this amount is in real estate abroad, about half a billion in cash and other liquid assets.

Pinchuk’s business in Ukraine is based on the Interpipe group of companies, one of the leaders in the production of pipes, wheels and steel. Also, Pinchuk is the owner of four TV channels and the popular tabloid Facts and Comments. In the Ukrainian media, Viktor Pinchuk is called the champion among the oligarchs in controlling television.

Valuation of the property of the third on the list – Konstantin Zhevago – fell by $0.8 billion to $1.3 billion, primarily due to a decrease in the value of Ferrexpo’s shares in the mining sector. Ferrexpo was the “showcase” and pride of Zhevago, the first Ukrainian company to conduct an IPO on the London Stock Exchange. But in the spring of 2019, accounting firm Deloitte crashed its shares. The auditors doubted that the company really sent $ 33 million to charity, and refused to continue working with it.

A few months later, world prices for iron ore fell sharply, further reducing the value of Zhevago’s assets. His 50% stake, according to the current quotes of the London Stock Exchange, is worth $578 million. Zhevago keeps almost the same amount in foreign currency.

Also a billionaire Vadim Novinsky ($1.3 billion). The phenomenon of this businessman has yet to be unraveled. Russian native, Vadim Malkhasyanwho later changed his surname to Novinsky, started his business in Russia in the 1990s. In 1996, he created the Lukoil-North-West company, and then became its representative in Ukraine, supplying fuel and lubricants to the Ukrainian enterprises Kryvorizhstal and Zaporizhstal. He invested in the purchase of mining and processing plants.

In the late 1990s, he already controlled the Inguletsky and Southern Mining and Processing Plants. Both factories are located at home Zelensky in the city of Krivoy Rog. Ukrainian media reported that they were able to acquire them not without the assistance of the future president Petro Poroshenko. But the citizenship was given to him personally by the ex-president Victor Yanukovich in 2012 with the wording “for outstanding services to Ukraine.”

After the Orange Revolution, Novinsky needed a business partner among Ukrainian oligarchs close to power to keep his assets. This was Rinat Akhmetov, to whom Novinsky transferred part of his assets, and in return received a blocking stake in Akhmetov’s holding Metinvest. Then Novinsky created a holding that united the three largest Ukrainian shipbuilding plants, as well as the agro-industrial company Veres.

Nevertheless, as notes, in the list of the notorious website “enemies of Ukraine”, “Peacemaker” Novinsky is listed as “an agent of influence of the Russian Orthodox Church” – in 2020, Metropolitan Onufry ordained Novinsky to the rank of deacon of the Ukrainian Church of the Moscow Patriarchate.

Close the list of billionaires of Ukraine long-term partners Gennady Bogolyubov ($1.1 billion) and Igor Kolomoisky ($1 billion).

The sphere of business interests of Gennady Bogolyubov is extensive. Ukrainian billionaire – the owner of factories, houses, aircraft, factories. He has a full stake in the mining and investment company Palmary Enterprises Ltd., which owns enterprises in South Africa (Ghana Manganese Company, Nsuta Gold Mining).

The official assets of Igor Kolomoisky have always looked much more modest. Yes, Igor Kolomoisky is a billionaire, the owner of factories, resorts, television companies, banks, airlines and much more. But it seems that his main asset is the ability to influence the authorities and the indefatigable desire to replace this authority wherever possible. By the way, the Ukrainian media do not believe the words of Kolomoisky that he did not finance the election campaign of Vladimir Zelensky, but only “helped with media resources.”

The co-owner of the Privat financial and industrial group is publicly accused of direct lobbying for personal interests through political groups controlled by him. Returning to Ukraine after the defeat of Petro Poroshenko in the presidential elections created the impression that Kolomoisky sees himself as a triumphant, but in reality the oligarch turned out to be just as inconvenient for the new administration as for the previous one.

He is well aware of the obvious and secret weaknesses of the Ukrainian state and does not hesitate to use them: intrigues and scandals are the basis of Igor Klomoysky’s diversified business.

But the owners of the large retailer “Epicenter” Alexander I Galina Geregi lost the status of billionaires (from 1.8 billion, their fortune decreased to 0.5 billion).

And the current state of the ex-president and confectioner Petro Poroshenko is not drawn to the “oligarchic level” – a decrease to $ 0.7 billion. In fact, judging by the estimates of the American edition of Forbes, Poroshenko has almost returned to where he started his presidency in 2014 . During his years in power, he was able to more than double his fortune to $1.6 billion. And then he lost everything he had acquired in the presidency – $0.9 billion. And his business suffers further losses as a result of hostilities, like the business of other Ukrainian oligarchs. .

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