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.
When Swiss prosecutors knocked on the door of DTEK Trading SA’s Geneva headquarters in February, they were on the trail of Rinat Akhmetov, Ukraine’s richest man. The billionaire, who controls the coal broker, was 2,000 miles away in Donetsk, Ukraine, brokering peace after protests had pushed Viktor Yanukovych, the country’s president -- and a longtime ally -- into exile.
The world’s 300 wealthiest people lost a combined $44.4 billion yesterday as global stocks tumbled the most in a month and the ruble dropped to an all-time low amid Russia’s growing military presence in Ukraine.
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.
Riots flared up again in Ukraine’s capital as the interior minister said peaceful efforts to end the two-month-old unrest were useless and the opposition reported another death before heading into new talks.