Kostyantin Zhevago

Net Worth

$1.206B

+0.23% (24h)

Kostyantin Zhevago, born in 1974, is a Ukrainian businessman and politician known for his significant role in the mining industry. With a net worth of $1.2 billion, Zhevago's wealth stems primarily from his ownership of Ferrexpo, a major iron ore producer listed on the London Stock Exchange. His career includes a strong focus on the metals-mining sector and a significant political presence, serving as a member of the Verkhovna Rada (parliament of Ukraine) for over two decades. Zhevago's career milestones and investments have made him a prominent figure in Ukraine's business and political landscape.

The Full Dossier

Early Life

Kostyantin Valentynovych Zhevago was born on January 7, 1974, in Iultin, Chukotka Autonomous Okrug, Magadan Oblast, in the former Soviet Union. He spent his childhood in Ukraine. Zhevago graduated with honors from school and later entered Kyiv National Economic University in 1991, specializing in accounting and analysis of foreign economic activity.

Rise to Success

Zhevago's career includes early roles as CFO and Chairman of the Board of Finance and Credit Bank. He is known for taking Poltavsky GOK public, now Ferrexpo, on the London Stock Exchange, making him the first Eastern European to achieve such a feat.

Key Business Strategies

Zhevago's primary source of wealth is mining, specifically iron ore through Ferrexpo. He owns 50.3% of Ferrexpo through his Luxembourg-based holding company. In 2012 the company realized sales of USD 1.4 billion with a net profit of USD 215 million. The company has invested over $3 billion in Ukrainian assets. Ferrexpo is the third largest exporter of iron ore pellets in the world and owns the largest iron ore deposit in Europe.

Philanthropy

Zhevago donates his annual salary of $250,000 to Ukrainian charities.

Career Timeline

1998-2019

Member of Verkhovna Rada

Served as a member of the Ukrainian parliament.

2007

Ferrexpo IPO

Took Ferrexpo public on the London Stock Exchange, the first Eastern European company to do so.

1996

Chairman of the Board of Finance and Credit Bank

Led the bank's operations and expansion.

1993

Financial Director of Finance and Credit JSC

Began career at Finance and Credit, later becoming a significant shareholder.

Philanthropic Impact

General$0.25M

Charitable Donations

Donates his annual salary to Ukrainian charities.