Who is Viktor Medvedchuk?
Viktor Medvedchuk is a Ukrainian oligarch, businessman, and a close friend of Russian President Vladimir Putin. He was born in August 1954 and is known as one of the ‘Kyiv Seven,’ a group of successful businessmen in Kyiv, Ukraine. Medvedchuk is the founder of a Kyiv-based law firm and is married to Oksana Marchenko. He has two daughters, Irina Medvedchuk and Daryna Medvedchuk.
In this article, we will take a closer look at Viktor Medvedchuk’s life, businesses, and his arrest in 2022.
Medvedchuk is the owner of the Royal Romance yacht, which replaced the 2008 CRN yacht Romance. Both yachts have the same “R” in their logos. After an intensive search on the internet, SuperYachtFan found a blog that mentioned Medvedchuk as the owner of the yacht Romance. Romance was sold and is now named Royal Rubin. It is believed that the yacht is named after an international grand prix stallion and is owned by a UK owner.
The Kiev Seven
K7’s business background began in 1992 through offshore companies such as Berly Management, New Port Management, and Ometa 21st Century National Investment Fund, a multi-profile joint-stock company. Its branches included Ometa Trust, Ometa Invest, Ometa Inster, and Ometa Private.
These entities turned out to have other partners, such as Bohdan Hubsky, who used to be the Deputy Chairman of the Supervisory Board at Ometa Inster insurance firm. With Grygoriy Surkis as Chairman of the Supervisory Board. In 1992, the group’s entities imported oil to Ukraine to sell it internally.
In 1994, K7’s commercial entities set up Slavutych Industrial and Financial Concern, which is a closed joint-stock company. The multi-profile company operated in fuel, oil refining, grain, sugar, steel, and other markets. With Mr. Hubsky as Chairman of the Board and Grygoriy Surkis as CEO. According to some sources, more than 2,000 major clients were buying oil products supplied by Slavutych in 1998.
K7’s business grew and diversified. Slavutych Nafta, Slavutych Agro, and Ukrainian Gas Complex CJSC began to develop individual profitable business lines. Later joined by Dynamo Kyiv Football Club, headed by Grygoriy Surkis (source: Ukrainianweek.com).
Medvedchuk’s Relationship with Putin
Russian President Putin is the godfather of Medvedchuk’s daughter Daryna. Medvedchuk also owned the three largest television stations in Ukraine: UT-1, Inter, and 1+1.
Medvedchuk’s Net Worth
According to some sources, his net worth is between $460 million and $800 million. His assets include a large motor yacht, a private jet, an expensive car collection, and a large real estate portfolio.
Medvedchuk’s Car Collection
His car collection includes a BMW 750i, a 760i, a Mercedes G55AMG, a Mercedes S500, a Mercedes Maybach 600, a Range Rover, a Bentley Continental GT, a Mercedes S500 4matic, a Lexus LS 570, a Toyota Land Cruiser, a 2017 Mercedes S600, and a 2019 BMW X5.
Arrest In Ukraine
On April 13, 2022, the Ukrainian government reported the arrest of Viktor Medvedchuk on treason charges. It was not immediately clear where and how he was captured.
In conclusion, Viktor Medvedchuk is a prominent Ukrainian oligarch and businessman who has been in the public eye for his close relationship with Russian President Vladimir Putin.
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