Akhmetov is the owner of closely held System Capital Management. Most of SCM's assets are concentrated in Ukrainian metallurgy, mining and energy, including a 71 percent stake in Ukraine's largest steel manufacturer. The company also owns interests in commercial real estate, land, telecommunications and financial operations.
System Capital Management JSC, a Ukrainian company whose activities include metals, mining, and machine building, will benefit from “favorable” global economic growth, said the head of investor relations.
Ukrainian billionaire Rinat Akhmetov’s steelmaker Metinvest appointed Serhiy Melnyk to replace Pavlo Moiseenko as director of the Sukhodilska-Skhidna coal mine, where an explosion killed 27 workers last month.
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
The 40 richest individuals on Earth lost a combined $6.2 billion yesterday as stocks dropped amid disappointing U.S. earnings, according to the Bloomberg Billionaires Index, a daily ranking of the wealthiest people.
SCM Holding, owned by Ukraine’s richest man, Rinat Akhmetov, agreed with Epic Financial Consulting Gesellschaft to acquire a stake in VAT Ukrtelecom, Kommersant-Ukraine reported, citing an unidentified person familiar with the deal.
Ukraine’s richest man Rinat Akhmetov purchased the penthouse apartment at the One Hyde Park residential development in Knightsbridge, London for 136.6 million pounds ($222.2 million), making it the U.K.’s most expensive apartment, the Financial Times reported, without saying where it got the information. Elena Dovzhenko, a spokeswoman for Akhmetov, confirmed that his holding company, System Capital Management, had invested in the Knightsbridge development, the FT said.