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Victor Pinchuk, a Ukrainian businessman and oligarch, is the founder of EastOne Group LLC and Interpipe Group. He is also the owner of four TV channels and a popular tabloid, Fakty i Kommentarii, and the former member of the Ukrainian parliament, the Verkhovna Rada. Pinchuk, who was born in Kyiv in 1960, graduated from Dnipropetrovsk Metallurgical Institute in 1987 with a doctorate in industrial engineering. He founded Interpipe, a major producer of seamless pipes and railway wheels, in 1990. Additionally, Pinchuk has been involved in various philanthropic projects in Ukraine through the Victor Pinchuk Foundation.
Despite his success in the business world and philanthropy, Pinchuk has faced accusations of corruption. In 2015, he was accused of receiving a bribe of $5 million a month for the rights to manage Ukrnafta. The National Anti-Corruption Bureau opened criminal proceedings against him that same year. However, Pinchuk reached an undisclosed out-of-court settlement in 2016.
One of Pinchuk's notable initiatives is promoting Ukraine's membership in the European Union. In 2004, he created Yalta European Strategy, an organization dedicated to advocating for Ukraine's EU integration. Pinchuk has organized annual summer meetings in Yalta as Ukraine-EU forums for debate and policy recommendations development. He has also made efforts to strengthen ties between Ukraine and the EU. However, some of his actions, such as suggesting a compromise with Russia on the Crimea peninsula, have drawn criticism from Ukrainian political authorities.
In his personal life, Pinchuk is married to Olena Pinchuk, the daughter of former Ukrainian President Leonid Kuchma. Olena Pinchuk runs the ANTIAIDS Foundation, which focuses on HIV/AIDS prevention and care in Ukraine. Victor Pinchuk has been ranked on Forbes' list of the wealthiest people in the world and was included in Time Magazine's "2010 Time 100 – The World's Most Influential People." Moreover, he has been recognized for his philanthropy through the Victor Pinchuk Foundation, which supports various projects in health, education, culture, and human rights.
Most recently, Pinchuk donated over £10 million to charity to support Ukrainian soldiers and civilians affected by the Russo-Ukrainian War in 2022. This demonstrates his ongoing commitment to philanthropic causes and support for his home country during times of crisis.
December 14, 1960 in Kyiv, Ukrainian SSR, Soviet Union (present-day Kyiv, Ukraine)
65 years
Steel Pipes, Diversified
Metals & Mining
Ukraine
Kiev
Doctorate, Dniepropetrovsk Metallurgical Institute
Elena Arshava (divorced), Olena Pinchuk (Married: 2002)
4
Victor Pinchuk was born in 1960 in Kyiv, Ukraine, to Jewish parents. He graduated from the Dnipropetrovsk Metallurgical Institute in 1987 with a doctorate in industrial engineering.
Victor Pinchuk: Family
Victor Pinchuk is married to Olena Pinchuk, the daughter of former Ukrainian President Leonid Kuchma. They have three daughters and a son.
Victor Pinchuk: Career Highlights
Pinchuk founded the Interpipe Company in 1990 based on his patented innovations. Interpipe is a major producer of seamless pipes and railway wheels. In 2004, he acquired the Kryvorizhstal steel factory with Rinat Akhmetov. In 2006, he founded EastOne, an investment advisory company.
Pinchuk is a member of the Board of the Peterson Institute for International Economics, the International Advisory Council of Brookings Institution, and the Corporate Advisory Board of the Global Business Coalition against HIV/AIDS, TB, and Malaria. He holds a share of VS Energy International Ukraine together with Mikhail Spektor and Igor Kolomoisky.
Victor Pinchuk: Companies
Pinchuk is the founder of EastOne Group LLC and Interpipe Group. He also owns four TV channels and a popular tabloid, Fakty i Kommentarii.
Victor Pinchuk: Major Achievements
Pinchuk is credited with promoting Ukraine's integration with the European Union. He created the Yalta European Strategy in 2004 to facilitate dialogue between Ukraine and the EU. He also donated $150,000 to the Donald J. Trump Foundation in 2015 for a 20-minute video appearance by Donald Trump at the conference in Kyiv.
Victor Pinchuk: Awards & Achievements
Pinchuk has been recognized for his contributions to philanthropy and international relations. He was listed as one of the "2010 Time 100 – The World's Most Influential People" in Time Magazine. He was also ranked No. 38 on ArtReview magazine's 2013 Power 100 ranking of people in contemporary art.
In 2014, Pinchuk was presented with the Metropolitan Andrey Sheptytsky Award for his work in fostering Ukrainian-Jewish relations. He also received the 2016 International Charlemagne Prize of Aachen for his contributions to European unification.
Victor Pinchuk: Personal Life & Legacy
Pinchuk is married to Olena Pinchuk, who runs the ANTIAIDS Foundation, which focuses on prevention and retroviral distribution and AIDS care in Ukraine.
Pinchuk is known for his philanthropic activities through the Victor Pinchuk Foundation, which supports projects in the fields of health, education, culture, international affairs, human rights, and local communities.
Pinchuk has also been involved in politics, serving as a member of the Ukrainian parliament, the Verkhovna Rada, for two consecutive terms from 1998 to 2006.
Victor Pinchuk: Trivia
Pinchuk was accused of receiving a bribe of $5 million a month for the rights to manage Ukrnafta by Igor Kolomoisky in 2015. The National Anti-Corruption Bureau opened criminal proceedings in 2015. Pinchuk brought a $2 billion civil action against Ihor Kolomoyskyi and Gennadiy Bogolyubov in 2015 over the 2004 purchase of a Ukrainian mining company. They reached an undisclosed out-of-court settlement in 2016.
Pinchuk has been involved in several controversies, including accusations of corruption and influence-peddling. He has also been criticized for his close ties to former US President Donald Trump and his administration.
Victor Pinchuk was born in Kyiv, Ukraine, to Jewish parents.
Pinchuk graduated from Dnipropetrovsk Metallurgical Institute with a doctorate in industrial engineering.
Pinchuk founded the Interpipe Company based on his patented innovations.
Pinchuk donated from $10 to $25 million to the Clinton Foundation.
Pinchuk served as a member of the Ukrainian parliament, the Verkhovna Rada, for two consecutive terms.
Pinchuk hired former Clinton pollster Douglas Schoen on a $40,000 per month retainer.
Pinchuk founded the Yalta European Strategy to promote Ukraine joining the EU.
Pinchuk brought a $2 billion civil action against Ihor Kolomoyskyi and Gennadiy Bogolyubov over the 2004 purchase of a Ukrainian mining company.
Pinchuk introduced to Hillary Clinton by Douglas Schoen.
Pinchuk founded EastOne, an investment advisory company.
Pinchuk organized the Paul McCartney free concert on Independence Square in Kyiv.
Pinchuk announced a new $100,000 prize for artists under the age of 35, the Future Generation Art Prize.
Pinchuk committed to giving half or more of his fortune during his lifetime and beyond to philanthropic causes, joining the Giving Pledge.
Pinchuk was presented with the 2014 Metropolitan Andrey Sheptytsky Award for his work in fostering Ukrainian-Jewish relations.
The Crimean Crisis occurred, leading to the meetings of the Yalta European Strategy to be held in Kyiv.
Pinchuk donated $150,000 to the Donald J. Trump Foundation for a 20-minute video appearance by Donald Trump at the conference in Kyiv.
Pinchuk was accused of receiving a bribe of $5 million a month for the rights to manage Ukrnafta by Igor Kolomoisky.
The National Anti-Corruption Bureau opened criminal proceedings against Pinchuk.
Pinchuk promoted closer ties between Ukraine and the EU.
Pinchuk published an article in the Wall Street Journal suggesting Ukraine temporarily abandon the prospect of EU membership and make a compromise with Russia on the Crimea peninsula to achieve peace in Eastern Ukraine.
Pinchuk reached an undisclosed out-of-court settlement with Ihor Kolomoyskyi and Gennadiy Bogolyubov.
Former Trump aid Monica Crowley registered as a foreign agent for Pinchuk.
Pinchuk donated over £10 million to charity to support Ukrainian soldiers and civilians in the Russo-Ukrainian War.
What is Victor Pinchuk's current net worth?
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Who is Victor Pinchuk?
What are some of Victor Pinchuk's notable achievements?
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What philanthropic initiatives has Victor Pinchuk been involved in?