Net Worth: $2.6 billion (June 2008)

Age: 48 years old

Marital status: Married, has a son

Last year: $1.3 billion

Industry: Construction, chemical industry, finances

The head of Development Construction Holding Group, Alexander Yaroslavsky, undertook major repairs in his native city of Kharkiv. Reconstruction of the air port, building of hotels, restaurants, business centers, sports and recreation facilities, residential buildings and a football stadium. The primary estimate of new Kharkiv exceeds $500 millions. Pennies compared to the sum, which will really have to be paid for this East-Ukrainian Singapore.

However Yaroslavsky is at that stage of personal development, when one million here or there is not going to drill a substantial hole in the family budget. Moreover, taking into account that in 2007 Oleg Deripaska became his business partner. In April Forbes magazine estimated the fortune of the richest Russian to be $28.6 billion. Combined together, the assets of the two businessmen are a little smaller than the annual budget of Ukraine. With such a capital it is not risky to renovate not only the city of Kharkiv but the entire country. And Yaroslavsky is already planning some big construction projects in Kyiv and Odessa. Only a business center in Kyiv Podil district alone will cost him about $1 billion.

If this rich Ukrainian number 10 succeeds in carrying out even half of what he plans, next year he is most likely to get into the top five of national multimillionaires.