The Korespondent Journal created this richest Ukrainian list. I cannot find an on-line link to this story. I got this information via The Action Ukraine Report.

It is interesting that Forbes can only find 3 Ukrainian Billionaires. The Korespondent Journal found 9 of them.

Kespondent says that it encountered secrecy and complicated business structures involving offshore companies during compilation of the list.

Korespondent is hoping that the desire of Ukrainian companies to integrate into the world market will make them more open to the press in the future.

'We attempted to break through the complete secrecy of most of the candidates for inclusion on the list as well as to untangle the web of offshore companies and employees,' the journal said.

I somehow doubt that the Ukrainian rich will start working with the press for several reasons. The least is many Ukrainian citizens seek to avoid taxation when possible. Having your net worth published in a newspaper surely makes their tax situation more complex.



Part 1 of this series had the 5 richest Ukrainians.

The list continues with:

6. Serhiy Taruta

Korespondent estimates his assets at USD 1.7 billion.

Forbes in February 2006 ranked him as the 645 richest person in the world with USD 1.2 billion billion.

A Soviet-era apparatchik, Taruta used his position as a director of steel company Azovstal and, later, of the Industrial Union of Donbas to claim shares during privatization. There's not much on paper, but Taruta worked hand-in-hand with Rinat Akhmetov [number 1 on the richest list] to create what is today a coal, steel and energy conglomerate.

From: Forbes Rich Company

7. Vitalii Haiduk

Korespondent estimates his assets at USD 1.7 billion.

2000 and 2001

Under ex-president Kuchma, Haiduk was the Vice Minister and then Minister for fuel and energy.

From: Kuchma makes new appointments

2003

president [Kuchma] also issued an official reprimand to Vice Prime Minister Vitalii Haiduk for alleged mismanagement of the state's natural resources.

From: Kuchma sacks environmental minister

I am noticing a strong pattern. Most of the rich guys are involved energy.


Richest Ukrainian Series
Top 5 Richest Ukrainians
6th and 7th Richest Ukrainians
8th Richest Ukrainian
9th and 10th Richest Ukrainians

Ukrainian Poverty Series
Third World Guilt
Human Trafficking
What is Poverty?