Category Archives: Billionaires

What’s Next For Forbes’ Billionaires

Forbes’ 2012 World’s Billionaires List is Out and Billionaires Are Talking

Forbes Billionaires and the Global Economy

This is the eighth year I have worked on Forbes’ World’s Billionaires. As always, I find the personal tales fascinating. I met with new Ukrainian billionaire Yuri Kosiuk at the Four Seasons in New York last fall when he was pitching Wall Street for investment dollars for his poultry producer. We had coffee and a […]

Rich Lists

Image via Wikipedia This week the Forbes 400 Richest Americans list came out (which I worked on) amidst the backdrop of the glamorous Clinton Global Initiative. Meanwhile most Americans are doing poorly – recent data from the Federal Reserve states that U.S. household wealth fell by $1.5 trillion in the second quarter, indeed last year’s […]

Ukraine’s Gas Wells and Windmills

Ukraine is currently debating grain quotas and the jury is still out on the country’s new president but the energy sector is making waves. Poland’s richest man, billionaire Jan Kulczyk, who bought into Ukraine’s natural gas production in June, has already started drilling. Kulczyk Oil Ventures launched the M-19 well at the Makiivka gas deposit in Donetsk […]

Ukraine Econ Upturn As its Billionaires Start to Raise Cash

Ukraine’s youngest billionaire, Kostyantin Zhevago, who almost lost his iron ore producer, Ferrexpo, when markets crashed two years ago, is back raising cash. According to Millenium Capital, Ferrexpo completed its road-show July 16 planning to place Eurobonds worth $500 million. The company plans to ramp up production by 50% over the next five years, and has […]

Gold Tussle: Russia vs. Kazakhstan

Plans by the owners of Russia’s top gold producer, Polyus Gold, including Russian billionaires, Mikhail Prokhorov and Suleiman Kerimov, may be thwarted in their efforts to buy Kazakh gold miner KazakhGold Group. The Kazakh government this week annulled a merger of the two evoking the 2007 Subsoil Law which allows the government to annul any contract involving […]

Ukrainian billionaires behind Privat Group Take on Russian Billionaire Makhmudov

Ukrainian billionaires, Henadiy Boholyubov and Ihor Kolomoyskyy, via Mantara Holding, a company close to the their jointly-owned Privat Group, may be in for a fight over Ukrainian locomotive-maker, Luhanskteplovoz, with Russian billionaire, Iskander Makhmudov. Mantara Holding filed a lawsuit with the State Property Fund of Ukraine (SPF) to cancel the sale of Luhanskteplovoz to Transmashholding, Russia’s largest […]

Billionaire Post Office

I recently read Mrs. Adams in Winter, a wonderful historical biography that took me on a carriage ride from Russia to France along post roads in 1815 (the upkeep of roads was not for individual travel per se but to ensure swift and efficient mail communiques). Not only were the roads she travelled important in […]