Andrei Klyuev and Sergei Klyuev Sergei Klyuev

Andrei Klyuev and Sergei Klyuev - Together forever

Net Worth: $68 million

Age: 44; 39

Marital status: Married, three sons; married, one son and one daughter

Last year: $456 million

Industry: Nonferrous metallurgy, finance

In November 2008, Ukraine’s business press broke the news that the brothers Andrei and Sergei Klyuevhad bought a 68 percent stake in Prominvestbank (PIB), the sixth largest bank in Ukraine by assets. Despite its size, the financial crisis in Ukraine began with this bank. On Nov. 11, the head of the bank’s temporary administration Vladimir Krotyuk announced that the Austrian holding company SLAV AG had become an investor in PIB. The co-owners of SLAV AG are the Klyuev brothers. But the deal was broken off and the Donetsk businessmen made way for the Russian Vneshekonombank. However, even without PIB, the Klyuevs and very successful bankers. Their Aktivbank has grown into a respectable player on Ukraine’s finance market in just five years. If the bank was in 85th place by assets in 2005, now it lies 53rd in the Ukrainian Association of Banks’ ratings. The main capital of the businessmen is in the Donetsk company Ukrpodshipnik, for which 2008 was a real drag. The company ended the year with losses of more than Hr 80 million.

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