Alexandr Derkach

Alexandr Derkach - Outsider with prospects

Net Worth: $65 million

Age: 49

Marital status: Married, two children

Last year: $244 million

Industry: Food industry

Alexandr Derkach rounds off the list of Ukraine’s richest with a modest $65 million in his account. After the sale in 2005 of his Aval Bank for $1.028 billion to the Austrian holding Raiffeisen International, and then a series of further successful sales, he focused on the agriculture business. Having got out of the finance sector – the most vulnerable to the crisis – at the right time, Derkach is building his future on one of the most rapidly developing markets in the country – food production and this sector’s infrastructure. As early as 2007 Derkach, along with his long-time business partner Fedor Shpig, bought shares in the company Vydubichi, which controls the warehouse complex with refrigeration facilities on two hectares of land in Kyiv. Of course, his resources were exhausted on these acquisitions. Korrespondent’s predicts that Derkach and his friend Shpig will be somewhere in the middle of the list of the 50 richest Ukrainians.

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