Fedor Shpig - Rebooting
Net Worth: $67 million
Age: 53
Marital status: Married with two sons
Last year: $305 million
Industry: Food industry
After the thoroughly successful sale of Aval Bank in 2005, and the subsequent sale of Prestizh Bank and the insurance company Etalon, Fedor Shpig began to use his entrepreneurial talents in the most unexpected ways. He built the agroholding Milk Alliance, which unites a series of large butter and cheese factories. Part of his funds went on the building of Oberig clinic. Another investment was in the construction of a chain of IMAX cinemas. In short, the banker kept himself busy. It’s obvious that the successful sale of the financial institutions three years ago, when their prices peaked, gave him a safety margin. Which means that it shouldn’t be ruled out the Shpig will continue his unexpected acquisitions, all the more so because at a time of crisis decent assets can be picked up for modest sums. The businessman gave up his seat in parliament in 2007 for the first time since 1998 in order to achieve his capitalist goal. He has worked in parliament for eight years as a member of the Trudovaya Ukraina fraction, and then the Our Ukraine bloc. Now Shpig is out of the political spotlight, but in the league of top millionaires.
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