Andrei Verevsky - Landed on His Feet
Net Worth: $446 million
Age: 34
Marital status: Married, three children
Last year: $715 million
Industry: Agriculture
Kernel-Group exceeded $660 million. A successful year. That’s one reason why Verevsky’s shares sank less than everyone else’s. The young millionaire lost $269 million since last year, but is $196 million up on 2007. Not many have managed to withstand the blow of the crisis. In the last year, the most important deal for Verevsky’s company is considered the acquisition of a grain terminal at the port of Ilichevsk. Even in this year of crisis, Kernel is looking to buy core assets abroad. Natalia Khvostova, director of the company’s human resources and public relations department, told Korrespondent that Kernel’s imminent plans include launching a butter factory in Nikolaev Region. The company web site is already advertizing vacancies – a luxury in the current climate.
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