Tag Archives: Russia

Why Putin Won’t Win

My grandfather was a Ukrainian freedom fighter in the second World War sparring with the Nazis and communists to create a free Ukrainian state. He was on the losing side, and his country was consumed by Stalin’s Soviet Union. His hope for a free Ukraine lived on, along with those in the Ukrainian diaspora who […]

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 […]

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 […]

Ukrainian Billionaire Akhmetov Tries For Another Steel Mill

After recently losing Ukraine’s fourth largest steelmaker, Zaporizhstal, to an unnamed group of Russian investors, Rinat Akhmetov, Ukraine’s wealthiest (with a fortune estimate by Forbes at $5.2 billion) is at it again. Akhmetov’s Metinvest, Ukraine’s largest vertically integrated steel group, is negotiating a merger with Mariupol Ilyich Steelworks, the country’s largest flat rolled steel producer. According to a note […]

Ukraine’s Richest Loses Deal for Coveted Steel Mill

Rinat Akhmetov, Ukraine’s wealthiest man with an estimated $5.2 billion steel and coal fortune according to Forbes, lost his bid for Ukraine’s fourth largest steelmaker, Zaporizhstal, in a surprise twist according to reports from Ukraine. This week a group of undisclosed Russian investors took control of Zaporizhstal for a reported UAH 1.7 billion (about $220 […]

Table Talk – what I’ve been reading

Great piece in April 4, 2010 New York Times Magazine about photographer Roman Vishniac who chronicled prewar Eastern European Jewish life. The piece points out some of his images were manufactured and brings up again the question of what is truth, and what does personal perception bring to historical memory. The pictures in particular were […]

Only 2 Women Billionaires in Eastern Europe, Russia and rest of CIS

Where are all the women? We’re Half the Sky as but we’re always underrepresented as Catalyst reasearch points out (see my previous post titled International Women’s Day). The same is true for Eastern Europe, Russia and the rest of the CIS where only 2 women reached Forbes billionaire ranks out of some 40 or so […]

More Billionaires in Eastern Europe, Russia and rest of CIS says Forbes

2009 was a year of recovery for the World’s Billionaires as a whole reports Forbes (for whom I have been freelancing). The wealthiest in Eastern Europe, Russia and the CIS states improved their fortunes as commodities markets recovered and world stock markets rose. Poland, a success story among transition economies, but which had only 1 […]