Vasily Khmelnitsky

Vasily Khmelnitsky - Doctor Dolittle

Net Worth: $369 million

Age: 42

Marital status: Married, two sons

Industry: Property, pharmaceuticals, food industry, energy

Vasily Khmelnitsky’s circle of business interests is so wide that it’s high time he told the press the story of how he made his first billion. However, that story’s already out of date. In 2009, the businessman didn’t earn, but lost the much talked about billion. There was a financial commotion at the glass factory he controls in Lisichansk. Less than half of what is produced is being sold. The country’s glass flagship has already piled up debts of more than Hr 10 million for gas. But Khmelnitsky hasn’t stopped working on his bright future. Take for example his Biofarm factory, the only Ukrainian producer of immunoglobulin. These substances are used in medicines and preventative treatments for hepatitis A and B, as well as a number of other viral infections. Biofarm’s revenue is growing at 50 percent a year. And there’s no reason to think that the economic crisis will cause a drop in that rate of growth. However, “Doctor” Khmelnitsky can’t rest on his laurels. In December 2008, Konstantin Zhevago began a battle for control of Biofarm. And Zhevago has an iron grip.


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