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#19 Richest: Mykola Yankovsky, 66

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Dec. 17, 2010, 2:27 a.m. | Ukraine — by Kyiv Post

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Kyiv Post

$623 million
Married with two daughters and one son
Interests: fertilizer production, politics Mykola Yankovsky sold his stake in Stirol nitrogen fertilizer plant in September to Dmytro Firtash after a couple of tough years at the plant. Stirol has suffered from the ever-increasing price of natural gas from Russia.

Firtash, a big player in the gas business, could help the factory get back into profit.

Analysts estimate that Firtash’s Group DF took a 90 percent stake in the plant, valued at $650-750 million.

A professor of economics, Yanukovsky heads the faculty of new technology management at Donetsk State University and is a parliament deputy with the pro-presidential Party of Region’s faction.

The Kirovohrad Oblast native graduated from the Dnipropetrovsk Institute of Chemistry and Technology with a degree in chemical engineering, becoming director of the Dnipropetrovsk’s Azot chemical production plant in 1982.

Yankovsky has received numerous state awards and titles over the years, including “Hero of Ukraine.” He is currently a member of the Ukraine’s national council on philanthropy.
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