Portrait of Vadim Novinsky

Rank #3132

Vadim Novinsky

Net worth $1.2B

Steel · Ukraine

Born
Jun 03, 1963
Age
62
Source
Steel
Residence
Kiev
Citizenship
Ukraine
Marital status
Married
Children
3
Education
Bachelor of Arts/Science, Academy of Civil Aviation (Leningrad)

Net worth over time

Biography

  • Vadim Novinsky owns Ukraine's Smart Holding Group, which has a 24% stake in Rinat Akhmetov's iron ore producer Metinvest.
  • Novinsky started working in Ukraine in the mid 1990s with Russian oil producer Lukoil, then began buying Ukrainian metallurgy companies.
  • The Russian native got his Ukrainian citizenship in 2012; he has been a member of parliament since 2013.
  • Long seen as one of Ukraine's most Putin-friendly billionaires, he tried to jump-start negotiations with Russia before the invasion.
  • He visited Mariupol with Akhmetov in February 2022 and briefly returned to Kyiv but apparently took off hours before the invasion; he is now suspected to be in Estonia.
  • His wife and four children are all Russian citizens and live in St. Petersburg, Russia.

Financial assets

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