Rinat Akhmetov, Ukraine’s richest man, added $3 billion to his net worth in the past six months by buying state-owned energy assets sold by his hometown political ally, President Viktor Yanukovych.
As the sole bidder in two of five government auctions held since November, Akhmetov’s DTEK Holdings BV paid about $600 million to acquire state stakes in some of the country’s leading power generators and distributors that gave him control of about 70 percent of the country’s thermal power output.
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