Victor Pinchuk (Ukrainian: Віктор Михáйлович Пінчýк, Viktor Mykhailovych Pinchuk; birthed 14 December 1960) is a Ukrainian entrepreneur as well as benefactor. Since January 2016, Forbes placed him as 1250th on the listing of most affluent people worldwide, with a lot of money of US $1.44 billion.
Pinchuk is the creator of EastOne Team LLC, a global investing, job financing as well as monetary consultatory firm based in London, as well as of Interpipe Team, among Ukraine’s leading pipeline, wheel as well as steel manufacturers. Pinchuk is the proprietor of 4 TELEVISION channels as well as a prominent paper, Fakty i Kommentarii. He has actually belonged to the Ukrainian parliament, the Verkhovna Rada, for 2 successive terms from 1998 to 2006. He is wed to Olena Pinchuk, the little girl of previous Ukrainian Leonid Kuchma.
Early life as well as occupation
Pinchuk was birthed in 1960 in Kyiv to Jewish moms and dads that relocated to the commercial city of Dnipropetrovsk. He finished from Dnipropetrovsk Metallurgical Institute with a doctorate in commercial in 1987. 3 years later on, he started the Interpipe Business on the basis of his copyrighted developments, which were taken on by leading metallurgical manufacturing facilities in the USSR.
Interpipe is a significant manufacturer of smooth pipelines and also railway wheels. In 2004, Pinchuk and also Rinat Akhmetov, 2 of Ukraine’s wealthiest males, obtained the Kryvorizhstal steel manufacturing facility for $800 million. Later on, the very first Tymoshenko Federal government reversed this sale, as well as held a nationally-televised repeat public auction that netted $4.8 billion. In 2006, Pinchuk established a financial investment advising business, EastOne. Its consists of commercial properties such as manufacturing of pipelines as well as tubes, rail cars and truck wheels, specialized steels and also alloys, equipment, along with media.
Pinchuk belonged to the Ukrainian Parliament in between 1998 as well as 2006 for Work Ukraine. He left national politics after he involved the final thought that Ukraine had actually gotten to a degree of growth when company and also national politics ought to be divided.
Pinchuk belongs to the Board of the Peterson Institute for International Business economics, of the International Advisory Council of Brookings Organization as well as of the Business Board of advisers of the Global Company Union against HIV/AIDS, TB as well as Jungle fever. Pinchuk holds a share of VS Power International Ukraine along with Mikhail Spektor as well as Igor Kolomoisky.
In 2015, Pinchuk brought a $2 billion civil activity against fellow Ukrainian oligarchs Ihor Kolomoyskyi and also Gennadiy Bogolyubov in the High Court of Justice in London over the 2004 acquisition of a Ukrainian mining firm. made consist of murder as well as bribery. In January 2016, a concealed from court negotiation was gotten to prior to the was because of begin.
Summary
| Victor Mykhailovych Pinchuk | |
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Pinchuk at the 2010 Time 100 Gala
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| Born | 14 December 1960 Kyiv, Ukrainian SSR, Soviet Union |
| Other names | Віктор Михайлович Пінчук |
| Occupation | Businessman and philanthropist |
| Known for | Interpipe Group EastOne Group LLC |
| Net worth | US$1.5 billion (January 2017) |
| Spouse(s) | Elena Arshava (div.) Olena Kuchma Franchuk |
| Children | 4 |
The international equivalent of the foundation’s PinchukArtCentre Prize, which is open to young Ukrainian artists, the new Future Generation Art Prize will be awarded every other year to an artist under the age of 35 who applies online or is nominated by a jury of arts professionals. To ensure that winners continue working, the prize rules stipulate that $40,000 of the purse must be used to create new art. The prize winner and five runners-up will receive mentoring from the likes of Damien Hirst, Andreas Gursky, and Jeff Koons, and an additional $20,000 will be set aside for artist-in-residency programs for the runners-up.
Source:
- wikipedia
- philanthropynewsdigest