Ukrainian-Russian War: Is Ukraine’s oligarchic rule over?

  • By Vitaly Shevchenko
  • BBC monitoring

photo credit, Getty’s image


Shakhtar Donetsk FC owner Rinat Akhmetov was brought in by the players

For decades, ultra-wealthy Ukrainian businessmen wielded immense economic and political power in their country. However, since the Russian invasion, Ukraine’s most notorious oligarchy has lost billions of dollars in revenue.

Has Ukraine’s oligarchic rule finally come to an end?

Ukraine’s richest man, Rinat Akhmetov, 56, is for many the epitome of an oligarchy.

The son of a coal miner who became a self-made billionaire, he is known throughout Ukraine as the “king of Donbass.”

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