$323 million Married with one son Interests: investment, real estate development
In 2008, online business website Liga called Khmelnytsky a “secretive billionaire.”
One year later, the same publication would downgrade this Kyiv businessman to a “secretive millionaire.”
Losing almost $1 billion of wealth this year hasn’t appeared to change Khmelnytsky’s habits, as he continues to shun media attention.
One possible explanation for this could be that Khmelnytsky’s business interests are so secure that there is no need for him to come out in public and open up.
After all, his Kyiv Investment Group has stakes in such companies as Kyivkhlib, Kyiv’s largest bakery, Kyivvodokanal – the city’s only provider of water — and Kyivgas, which supplies heat to residents of the capital.
Even if we don’t consider the rest of Khmelnytsky’s assets, such as Khreshchatyk Bank (used by the city administration to collect monthly utility payments), real estate, and pharmaceuticals, it is still clear why a person having interest in three companies starting with “Kyiv” never goes public.
Khmelnytsky simply doesn’t have to. That is, unless it would help him return to the billionaires’ club.
