Oleg Bakhmatyuk

Oleg Bakhmatyuk

$1.00 B

Ranked #1140 in World

About Oleg Bakhmatyuk

Oleg Bakhmatyuk, a Ukrainian entrepreneur and former billionaire, has made significant strides in various sectors since his birth on August 14, 1974. With degrees from Chernivtsi Economics and Law Institute and Ivano-Frankivsk National Technical University of Oil and Gas, Bakhmatyuk's career spans from founding the Precarpathian Finance Corporation in 2001 to major roles in Naftogaz of Ukraine. His ventures into the agricultural sector with Avangard and UkrLandFarming have positioned him as a key player, despite facing challenges such as the 2014-2015 losses due to geopolitical tensions. Bakhmatyuk's recognition as Agrarian of the Year in 2009 and his family's involvement in his businesses underscore his influence in Ukraine's economic landscape, even as controversies like the VAB Bank insolvency in 2014 and subsequent legal troubles have marred his reputation.

Born

January 01, 1975 in Ivano-Frankivsk, Ukraine

Age

51 years

Source Of Wealth

Eggs

Industries

Food And Beverage

Citizenship

Ukraine

Residence

Kiev

Oleg Bakhmatyuk, a prominent Ukrainian entrepreneur, former billionaire, and politician, was born on August 14, 1974, in Ivano-Frankivsk, Ukraine. He grew up in a supportive family and showed early signs of ambition and determination.

Oleg Bakhmatyuk: Family

Bakhmatyuk comes from a close-knit family. He is married and has three daughters and one son. His sister, Nataliya Vasilyuk, is a successful businesswoman in her own right and serves as the Head of Avangard Agro Holding. In 2019, she was recognized as the best business-woman in Ukraine's agricultural sector.

Oleg Bakhmatyuk: Career Highlights

Bakhmatyuk's career journey is marked by a series of notable achievements. He held various positions at KGD as a representative of Itera in the Ivano-Frankivsk Region from 1996 to 2001. In 2001, he founded the Precarpathian Finance Corporation. His involvement in politics began in 2002 when he served as a Deputy of Ivano-Frankivsk City Council, a member of the Economic Revival Faction, and a member of the City Council Committee on issues of finance planning, prices, and budget.

During 2002-2004, Bakhmatyuk collaborated with Ihor Yeremeyev in oil, agrarian business, and region gasification. He went on to establish Stanislavska Torgova Kompaniya (Stanislavskiy Trade Company) in 2003, which became the largest chain of grocery stores in the Ivano-Frankivsk Region. In 2004, he founded the commercial bank Financial Initiative.

Bakhmatyuk's career took a significant turn when he joined Naftogaz of Ukraine in 2005, where he held various positions, including Deputy Chairman of the Board, until 2007. In 2006, he acquired a controlling stake in region gas distribution companies, which he later sold to RosUkrEnergo AG company in 2007. In 2011, he became one of the founders of VAB Bank.

Oleg Bakhmatyuk: Companies

Bakhmatyuk has been instrumental in establishing and leading several successful companies. He founded the Avangard poultry factory in 2003 and created a company with the same name. Since 2007, he has led the Board of Management at Avangard Agro Holding.

In 2011, he founded UkrLandFarming, a major vertically integrated agricultural holding of Ukraine.

UkrLandFarming is renowned as the largest agricultural lands lessee, producing grain and breeding cattle. However, the company faced significant challenges during 2014-2015 due to the Russian Federation aggression and the hybrid war in Ukraine.

Oleg Bakhmatyuk: Major Achievements

Bakhmatyuk's contributions to the agricultural sector have been widely recognized. In 2009, he won the prestigious award in the national program Person of the Year, for the Agrarian of the Year category.

Oleg Bakhmatyuk: Awards & Achievements

Bakhmatyuk's dedication and accomplishments have earned him numerous awards and accolades. He is the recipient of the Order of Merit of the 3rd degree, awarded by the President of Ukraine in 2008. In 2011, he was recognized as the "Man of the Year" in the agricultural sector by the Ukrainian Association of Farmers and Private Landowners.

Oleg Bakhmatyuk: Personal Life & Legacy

Bakhmatyuk currently resides outside Ukraine. Between 2017 and 2019, he acquired Cypriot citizenship. Despite the challenges he has faced, Bakhmatyuk's legacy as a successful entrepreneur and influential figure in Ukraine's agricultural sector remains significant.

Oleg Bakhmatyuk: Trivia

Bakhmatyuk is known for his passion for sports and has been actively involved in promoting and supporting various sports initiatives. He is a fan of football and has served as the President of FC Karpaty Lviv, a professional football club based in Lviv, Ukraine.

Wealth History

Timeline

August 14, 1974

Oleg Bakhmatyuk was born in Ivano-Frankivsk, Ukraine.

1996

Graduated from Chernivtsi Economics and Law Institute.

2001

Founded the Precarpathian Finance Corporation.

2002

Served as a Deputy of Ivano-Frankivsk City Council, a member of the Economic Revival Faction, and a member of the City Council Committee on issues of finance planning, prices, and budget.

2003

Founded Stanislavska Torgova Kompaniya (Stanislavskiy Trade Company), which became the largest chain of grocery stores in the Ivano-Frankivsk Region.

2004

Founded the commercial bank Financial Initiative.

2005

Held various positions at Naftogaz of Ukraine, including Deputy Chairman of the Board.

2006

Bought a controlling stake in region gas distribution companies.

2007

Sold the controlling stake in region gas distribution companies to RosUkrEnergo AG company.

2011

Joined the founders of VAB Bank.

November 2014

VAB Bank declared insolvent and introduced a temporary administration due to the economic and banking crisis in Ukraine.

November 2019

Put on the national wanted list on suspicions of embezzling nearly $50 million before VAB Bank's license was revoked in 2015.

2009

Won the 2009 award in the national program Person of the Year, for the Agrarian of the Year category.

Oleg Bakhmatyuk : FAQs

What is Oleg Bakhmatyuk's net worth?

As of 2011, Oleg Bakhmatyuk's net worth was $1.00 billion.

What are Oleg Bakhmatyuk's main sources of wealth?

Oleg Bakhmatyuk's main source of income comes from Eggs.

In which industry does Oleg Bakhmatyuk primarily operate?

Oleg Bakhmatyuk is primarily involved in the Food And Beverage industry.

How old is Oleg Bakhmatyuk?

Oleg Bakhmatyuk is 51 years old.

How many children does Oleg Bakhmatyuk have?

Oleg Bakhmatyuk has 3 children.

Who is Oleg Bakhmatyuk and what is his background?

Oleg Bakhmatyuk is a Ukrainian entrepreneur, former billionaire, and politician, born on August 14, 1974, in Ivano-Frankivsk, Ukraine. He graduated from Chernivtsi Economics and Law Institute in 1996 and Ivano-Frankivsk National Technical University of Oil and Gas in 2005.

What are the key milestones in Oleg Bakhmatyuk's career?

Oleg Bakhmatyuk held various positions at KGD representing Itera from 1996 to 2001, founded the Precarpathian Finance Corporation in 2001, served as a Deputy of Ivano-Frankivsk City Council since 2002, partnered with Ihor Yeremeyev in various businesses from 2002 to 2004, founded Stanislavska Torgova Kompaniya in 2003, established the commercial bank Financial Initiative in 2004, and joined the founders of VAB Bank in 2011.

What legal challenges has Oleg Bakhmatyuk faced?

Oleg Bakhmatyuk was put on the national wanted list in November 2019 on suspicions of embezzling nearly $50 million before VAB Bank's license was revoked in 2015. He currently resides outside Ukraine and acquired Cypriot citizenship between 2017 and 2019.

How has Oleg Bakhmatyuk contributed to the agricultural sector?

Oleg Bakhmatyuk bought the Avangard poultry factory in 2003, led Avangard Agro Holding since 2007, and founded UkrLandFarming in 2011, which became a major agricultural holding in Ukraine. UkrLandFarming is known for being the largest lessee of agricultural lands, producing grain and breeding cattle.

What recognitions has Oleg Bakhmatyuk received for his work?

Oleg Bakhmatyuk won the 2009 award in the national program Person of the Year for the Agrarian of the Year category. Additionally, his sister Nataliya Vasilyuk was recognized as the best business-woman of Ukraine's agricultural sector in 2019.
Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+