Who is Kostyantin Zhevago?
Kostyantin Zhevago is a billionaire from Ukraine. And a Member of the Ukrainian parliament. Zhevago is CEO and the controlling shareholder of Ferrexpo. He was born in Russia in January 1974. He is married to Alina Zhevago, they have 2 children (Ivan and Sofiya). He was named the youngest self-made billionaire in Europe by Forbes.
Ferrexpo is an iron ore mining company and 6th largest supplier of pellets to the global steel industry.
Ferrexpo owns the largest iron ore deposit in Europe with approximately 20 billion tonnes of resources. The group has more than 9,000 employees.
Zhevago owns 50.3% of the shares of Ferrexpo through his Luxembourg-based holding company Fevamotinico S.a.r.l.
In 2012 the company realized sales of USD 1.4 billion with a net profit of USD 215 million. In 2011 the net profit was even higher: USD 575 million.
How Much is Kostyantin Zhevago Net Worth?
He has an estimated net worth of $1.3 billion. He earns an annual salary of USD 250,000 per year. Which he donates to Ukrainian charities. He also receives approx. US$ 20 million in dividends each year.
Zhevago also owns the PJSC Stakhanov Railcar Company, which produces rail cars for Ferrexpo.
Zhevago also owns the truck producer AvtoKraz. And further he is the controlling shareholder of the Ukrainian Finance and Credit Bank.
Details about his shareholdings can be found here, on a Ukrainian document.
FC Vorskla Poltava
Zhevago is a soccer fan, as he owns the FC Vorskla Poltava. The team plays in the Ukrainian Premier League.
Arrest is Switzerland
He was arrested in Switzerland in December 2022. He was accused of financial crimes after $113 million disappeared from the Finance & Credit Bank. Reportedly Ukraine has seized his properties.
Frequently Asked Questions (FAQ)
How became Kostyanin Zhevago rich?
He started as CFO at the Finance & Credit Bank. He started investing in other companies, such as Ferrexpo and Avtokraz. He listed Ferrexpo to the London Stock Exchange and became a billionaire.
Where does Kostyantin Zhevago live?
He now lives with his wife Alina Zhevago in Dubai, UAE.
Why was Kostyantyn Zhevago arrested?
He was arrested in Switzerland after he was accused of financial crimes. Reportedly $113 million disappeared from the Finance & Credit Bank.
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