Tariel Vasadze - Behind the wheel
Net Worth: $ 2.05 billion (June 2008)
Age: 60 years old
Marital status: Married, has two children
Last year: $1 billion
Industry: Motor-vehicle construction, finances
For Tariel Vasadze a car is first of all a luxury, and then a means of transportation. Last year the owner of Ukravto business concern earned quite a bit of money, he increased the net income of his company by 21 times, increasing it from 51.4 million UAH in 2006 to 1.75 billion UAH in 2007. The events could not develop any differently. There is a car boom in the country. 542 thousand vehicles were sold last year, and the lion's share of this profits belongs to Zaporizhzhya businessman, who owns the network of regional companies, selling Daimlerchrysler, Mercedes, Chevrolet, Opel, Fiat, ZAZ, VAS, Daewoo. According to Auto-consulting company, car sales rates will grow in the next three years. By 2010, the market volume will reach 1 million vehicles per year. And this means that Vasadze will remain in the list of the richest Ukrainians for a long time.
Search result by Tariel Vasadze on Kyiv Post