Gennady Vasiliev - A learned grass-snake
Net Worth: $1.67 billion (June 2008)
Age: 53 years old
Marital status: Married, has a son and a daughter
Last year: $527 million
Industry: Coal, metallurgy, finances, media
At the end of 2006, abandoning the post of the chairman of Derzhava party, which Gennady Vasiliev founded, the former general prosecutor announced that he is going into science. And he did not miscalculate. God grant every Ukrainian scientist even one hundredth of that prosperity that lay on the shoulders of the joint owner of Donetsk business concern Energy! The fortune of the businessman number17 in the list of the richest Ukrainians corresponds to three annual budgets of all domestic science. Certainly, it was not the humanitarian field, where Vasiliev gathered his first billion.
Business concern Energy is the largest coal holding in the country. Except for the richest mine in Ukraine, Krasnoarmeiskaya – Zapadnaya #1, the Russian miners from Kemerovo area and Kuzbas work for Vasiliev as well. metallurgical coal has always been valued high. And metallurgists generously pay for this raw material. In any case Vasiliev together with his business partners –Leonid Baysarov (#16) and Victor Nusenkis (#7), last year tripled their fortunes due to this high demand. This is an absolute record of growth in this TOP-50 list.
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