Top 10 Billionaires from Cyprus in 2020

This Trending magazine enlightens audience another trending article of the top 10 Billionaires from Cyprus in 2020. Most of the net worth were taken from Forbes Magazine ans Sunday Times. Take a look at the list. We stand corrected if there seems to be another error in the figures or the article in a whole.

Here are the top 10 Billionaires from Cyprus in 2020

10. Ihor Kolomoyskyi

Top 10 Billionaires from Cyprus in 2020

Ihor Valeriyovych Kolomoyskyi is a Cypriot-Ukrainian billionaire business oligarch and the former Governor of Dnipropetrovsk Oblast. Kolomoyskyi is rated as the second or third richest person in Ukraine since 2006 and 1941st richest person in the world according to the Forbes magazine list of billionaires (as of 2019). In March 2015 The Economist listed his net worth as $1.36 billion Kolomoyskyi is the leading partner of the Privat Group and a de facto chairman of the FC Dnipro Dnipropetrovsk.

In 2019, Ihor Kolomoyskyi was included in the list of the 100 most influential Ukrainians by Focus magazine, taking the 3rd place. With fellow Ukrainian billionaire Henadiy Boholyubov, Ihor Kolomoyskyy founded PrivatBank in the early 1990s.

It grew to be a key bank in Ukraine, handling more than a third of private deposits and serving approximately half the country’s population. In 2016, Ukraine’s government nationalized the bank; an investigation suggested large-scale fraud over a period of ten years.

In Dec 2017, the High Court of London ordered a freeze on some $2.5 billion worth of assets held by Kolomoyskyy and Boholyubov. They deny the charges. Kolomoyskyy was forced to step down as governor of the Dnipropetrovsk region in March 2015.

He is the 10th richest person in Cyprus with a net worth of $1.1 Billion in 2020.

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