Ukrainian magazine names president Poroshenko among Ukraine’s six richest persons

World October 26, 2018, 6:46

The president's wealth is estimated at $1.1 billion

KIEV, October 26. /TASS/. The wealth of Ukrainian President Pyotr Poroshenko grew 10% in the past year, making him one of the country’s six richest people, according to a list compiled by the Novoye Vremya magazine and published on its website.

Poroshenko was given the sixth position in the list of Ukraine’s 100 richest people, with "wealth estimated at $1.1 billion, and the Roshen corporation being his key asset."

Rinat Akhmetov, the owner of the SCM Group, emerged again as Ukraine’s richest person. His wealth is estimated at $12.2 billion, and it grew 76% in the past year. Viktor Pinchuk, who heads the Interpipe metallurgical company, is the runner-up with $2.7 billion (up 87% in the reported period). Vadim Novinsky, a lawmaker and the owner of Smart Holding (assets in metals and mining, shipbuilding, agriculture, real estate and other areas), comes third with $2.3 billion (up 94%).

The fourth and fifth places are held by Privat Group co-owners Gennady Bogolyubov and Igor Kolomoisky, who have accumulated the wealth of $1.6 billion each.

The aggregate wealth of all the 100 people on the list stands at $37.5 billion, up 43% since 2017.

According to experts who compiled the list, the wealth of Ukraine’s 100 richest people grows 12 times faster than the country’s GDP, and will continue to increase further.

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