Net Worth: $ 708 million (June 2008)

Age: 53 years old

Marital status: Married, has a daughter

Last year: -

Industry: Machine industry

Millionaire Alexander Savchuk is a novice in the annual Korrespondent rating “Richest Ukrainians”. But he is a long time veteran in the domestic business, with all relevant  honors. Savchuk is the head of the managing board of Azovmash plant, and also is the president of Azovmash basketball club, which is a fivefold champion of the country. Savchuk is a people’s deputy of Ukraine from the Party of regions.

Last year the 53-years-old businessman reinforced his position on the domestic engineering market. To do so, the owner of Mariupol invest Group bought all the shares of the Ukrainian Industrial Transportation Company from Rinat Akhmetov (#1) and Eduard Prutnik (?), and today he controls 50% plus one share of Azovmash.

In addition, Savchuk has a considerable influence on merchant marine fleet of Donbass company, which has over 30 ships. The fleet runs between ports on the Black sea, the Sea of Azov, Mediterranean and Baltic basins. The loaded Savchuk’s vessels reach India, Africa, South and North America. It is a profitable business. Now it is clear, why Korrespondent, to put it mildly, was amazed when it discovered that Savchuk was in the lists of people’s deputies of the fifth convocation, who applied for a free apartment in Kyiv.