Danil Korilkevich and Mikhail Korilkevich - Earthlings
Net Worth: $87 million
Age: 59;36
Marital status: Married, one son and one daughter; -
Last year: -
Industry: Agriculture
The crisis has pushed Ukrainian landowners to merge their previously scattered assets. Korilkevich-father merged his agricultural assets with Korilkevich-son. This family union gives the businessmen from Rivnenskaya Region control over 300,000 hectares of arable land. That’s a rectangle 100 kilometers long and 30 kilometers wide. In that area, the Korilkeviches, owners of the agricultural holding Land West and the company Dakor, grow rape, wheat, maize, barley, rye, produce sugar – in short, do an awful lot, for which they earned $77 million in 2007. And that’s without the $43 million received in the same year for the sale of 20 percent of joint-stock capital to foreign investors. According to Mikhail Korilkevich, funds received by the company will be used to increase the area of farmland to 340,000 hectares. Last year, Land West was again going to sell 20 percent of assets on the Frankfurt Stock Exchange. The crisis put paid to those plans. In April 2009, the millionaires called on specialist advisors from the investment company KBC Securities Ukraine, who will define the optimum path for the further development of the united agroholding.
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