Portrait of Rinat Akhmetov

Rank #488

Rinat Akhmetov

Net worth $7.8B

Steel, coal · Ukraine

Born
Sep 21, 1966
Age
59
Source
Steel, coal
Residence
Donetsk
Citizenship
Ukraine
Marital status
Married
Children
2
Education
Bachelor of Arts/Economics, Donetsk National University

Net worth over time

Biography

  • Ukraine's richest person, Rinat Akhmetov has vowed to stay in Ukraine and support his country in its fight against Russia.
  • Russian forces destroyed plants owned by his mining and steel firm Metinvest and ravaged substations of his power generation firm DTEK. More than 1,400 of his employees have died as a result of the war.
  • He says his companies, which still operate, have donated $368 million in goods and have invested around $4 billion in restoring infrastructure destroyed by Russia, building new facilities and modernizing production.
  • The son of a coal miner, Akhmetov got his start buying up mining assets during the 1990s privatization era.
  • Akhmetov is believed to own a 476-foot yacht, named Luminance, that cost him $500 million. He also owns a French villa and a London apartment.
  • Akhmetov grew up in Russian-backed Donetsk but has not been back since Russia's invasion in 2014.