Top 30 Richest Ukrainians 2025

In 2025, only two billionaires remain in Ukraine. The long-standing “Top 100 Richest Ukrainians” list has therefore been transformed into a more compact Top 30 ranking.

The combined wealth of the thirty individuals is around $20.8 billion — comparable to the net worth of a single mid-tier global billionaire — yet it illustrates how Ukrainian big business has adapted and learned to survive during the war.

Top 30 Richest Ukrainians 2025

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Key Trends of the 2025 Ranking: What Shapes Wealth in Wartime Ukraine

1. De-oligarchization Accelerates

Traditional “oligarchic” industries — metallurgy, chemicals, heavy machinery — suffered the most from wartime destruction and logistical collapse.

Even ranking leader Rinat Akhmetov lost major assets (Azovstal, Illich Steel, several power plants, and HarvEast farmland).
However, diversification into energy allowed him to retain the top spot with roughly $6.6 billion.

2. IT and Digital Business Surge to the Forefront

About one-third of the list consists of tech entrepreneurs, including:

• Grammarly co-founders Oleksii Shevchenko and Maksym Lytvyn (~$865M each)

• Revolut co-founder Vlad Yatsenko (~$894M)

• Ajax Systems founder Oleksandr Konotopskyi (~$409M)

• SoftServe co-founders Taras Kytsmey and Yaroslav Lyubinets

• People.ai founder Oleg Rogynskyy

These companies operate globally and rely on intellectual capital.
A structural challenge: much of their R&D and headquarters remain abroad due to weak property rights protection and overall risks in Ukraine.

3. Agribusiness Remains the Core — but Under Extreme Pressure

Seventeen out of 30 individuals have major agricultural assets (production, processing, logistics).
Among them: Andriy Verevskyi (Kernel), Yurii Kosiuk (MHP), Andrii Vadaturskyi (Nibulon).

For the first time, the sector became widely unprofitable due to:

• destroyed farms and port infrastructure,

• domestic grain prices falling to 40–50% of 2021 levels,

• an additional 20–30% drop from 2022.

4. Logistics, Retail, and Banks Become the Main Winners of Adaptation

• Nova Poshta (Nova Post) expands across Europe and has become a symbol of logistics resilience.

• Epicentr-K continues aggressive investment into new retail centers, manufacturing, and agriculture, and is entering the Polish market.

• Rozetka rebounded after the dramatic collapse of early 2022 and is broadening its offline presence, including in Poland.

• The banking sector shows record profits: ₴95 billion over the first eight months of 2023 (vs ₴8 billion a year earlier), largely due to risk repricing and bond-related income.
  Beneficiaries include PUMB (Akhmetov) and Universal Bank (Tihipko, monobank).

5. Some Old-Guard Oligarchs Face Pressure From Sanctions, Courts & Nationalization

• Ihor Kolomoiskyi lost control of key assets and remains in pre-trial detention.

• Kostiantyn Zhevago continues legal battles over Ferrexpo and his bank assets in Ukraine and France.

• Mykola Zlochevskyi admitted guilt in a bribery case, paid significant fines and contributions to the Armed Forces, but still profits from energy extraction.

Bottom Line

The war has dramatically accelerated de-oligarchization, weakened heavy industry, exposed the vulnerabilities of agribusiness, and simultaneously elevated the importance of tech, logistics, and finance.

The Ukrainian multimillionaires who retained or grew their wealth were those who:

• diversified across industries and geographies,

• embraced digital transformation,

• and swiftly adapted to wartime economic realities instead of waiting for “pre-war conditions”.

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