Rich Man In A Poor Country

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Dec. 17, 2010, 3:29 a.m. | Ukraine | Politics — by Mark Rachkevych

With a fortune approaching $24 billion, Donetsk industrial titan Rinat Akhmetov has pulled away from the pack in Dragon Capital investment bank’s latest rankings of the nation’s 50 richest Ukrainians. The elite list, meanwhile, keeps pulling away from the rest of Ukraine’s 46 million citizens, about one-third of whom are economically destitute and desperate. Many see the wealth disparities as unhealthy for the nation’s future, especially since many of these fortunes came from acquiring Soviet assets rather than creating new wealth.

Mark Rachkevych

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Nation’s 50 richest have banner year.
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