Andrei Ivanov

Andrei Ivanov - The Grey Cardinal

Net Worth: $184 million

Age: 44

Marital status: Married, two sons

Last year: $700 million

Industry: Property, food industry, energy

Andrei Ivanov owns a multitude of development projects in Kyiv. Through his company KIG Capital Management he is carrying out investment projects in the capital’s public sector, banking business, media and property. Kyiv and the surrounding area remains a priority for Ivanov, but he also has interests in Crimea, Odessa, Lviv, Zakarpate, Kharkiv and Dnipropetrovsk. He is attributed total control over key municipal companies – from Kyiv Energo Holding to Kyiv Bread and Khreshchatik Bank. The businessman himself dissociated himself from these assets a couple of years ago. Nevertheless, his secretive character and dislike for publicity forms an unfavorable halo over the chairman of Kyiv Investment Group. And while Ivanov doesn’t emerge from behind the scenes, he is doomed to be demonized as the grey cardinal of Kyiv.

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