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Kostyantin Zhevago

Kostyantin Zhevago

K. Zhevago
-0.01% | - $-0.11M
$1.05 B ₹ 9,982 Cr
Real Time Net Worth #3333 Ranking as of 30 Aug 2026 By Forbes

More on Kostyantin Zhevago

Gender

Male

Age

52Y

Country

Ukraine

Born On

January, 1974

Deceased

No

Relationship Status

Married

Children

2

Education

Kyiv National Economic University

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Mining, Banking)

Primary Organization

Ferrexpo

Titles

Founder & Majority Owner

Sources of Wealth

Ferrexpo

Industry

Mining, Metals, Finance

About Kostyantin Zhevago


K ostyantin Zhevago is a Ukrainian industrialist who built a significant fortune primarily in the mining and banking sectors. He is the founder and controlling shareholder of Ferrexpo, a major iron ore pellet producer with operations in central Ukraine. He took the company public on the London Stock Exchange, a move that made him one of Eastern Europe's youngest self-made billionaires.

Zhevago's career began in the tumultuous post-Soviet economy of the 1990s, where he became the finance director of a bank at a very young age. He used his position to gain control of various industrial assets, with Ferrexpo becoming the crown jewel of his portfolio. His business empire, however, has faced significant challenges. He was the owner of Finance & Credit Bank, which was declared insolvent by Ukraine's central bank, leading to legal troubles and accusations of embezzlement, which he denies. He has also been active in politics, serving for many years as a member of the Ukrainian parliament.

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Quick Reads


  • Founder and controlling shareholder of iron ore miner Ferrexpo.
  • Ferrexpo is listed on the London Stock Exchange.
  • Became one of Europe's youngest self-made billionaires.
  • Formerly owned Finance & Credit Bank, which collapsed.
  • Has faced legal issues in Ukraine related to his former bank.

Early Life and Background


Kostyantin Valentynovych Zhevago is a Ukrainian businessman, the self-made billionaire Former Owner and CEO of Ferrexpo (LSE: FXPO), one of the world's largest iron ore pellet producers, and the founder of the Finance & Credit Group. Born in Iultin, Magadan Oblast, Russian SFSR, in 1974, his career is rooted in finance, resource extraction, and politics.

Zhevago graduated from the Kyiv National Economic University with an undergraduate degree and a Master's degree in International Economics. His entrepreneurial journey began in 1993 at age 19, becoming Finance Director of a bankrupt bank, which he successfully restructured. His philosophy centers on vertical integration and political influence (serving in the Ukrainian Parliament for six consecutive terms).

  • Ferrexpo (Former Owner & CEO): The core publicly traded asset, a global leader in iron ore pellet production (sold in 2024).
  • Finance & Credit Group (Founder): His former banking and financial services conglomerate (now largely defunct).
  • Controversy/Legal Issues: He has been on the international wanted list (Interpol) since 2019 for alleged embezzlement and money laundering (related to Finance & Credit Bank).
  • Political Role: He served as a member of the Verkhovna Rada (Ukrainian Parliament) for six consecutive terms (1998–2019).

Career Journey of Kostyantin Zhevago


Kostyantin Zhevago's strategic genius was his aggressive consolidation of industrial assets during the Ukrainian privatization era. He founded Ferrexpo (controlling the Poltava Mining and Processing Plant) and successfully led its IPO on the London Stock Exchange in 2007. His structural contribution is tied to industrializing Ukraine's iron ore sector and providing a key global supply of steel raw materials.

His career faced a massive crisis in 2019 when the Ukrainian State Bureau of Investigation (SBI) issued an arrest warrant for him on charges of embezzlement and money laundering (related to the failure of his Finance & Credit Bank). He was arrested in France in 2022 but was released on bail and remains a fugitive pending extradition hearings. In 2024, he sold his controlling stake in Ferrexpo for an undisclosed sum. His immense wealth is tied to the colossal, long-term profitability of the global iron ore commodity sector.

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Kostyantin Zhevago's Timeline


1993 (Age 19):

Becomes Finance Director of a bankrupt bank (Early Executive Role).

1998–2019:

Serves six consecutive terms in the Ukrainian Parliament (Political Apex).

2007:

Ferrexpo executes its successful IPO on the LSE (Financial Milestone).

2019 (October):

Arrest warrant issued by Ukraine for embezzlement and money laundering (Legal Crisis).

2022 (December):

Arrested in France (Legal Event).

2024:

Sells his controlling stake in Ferrexpo (Major Exit).

Ongoing:

Remains a fugitive pending extradition hearings (Executive Oversight/Legal Status).

Major Business Ventures and Investments


Kostyantin Zhevago's wealth is concentrated in the liquid capital generated from the Ferrexpo sale and his remaining private investments.

  • Ferrexpo (Former Owner & CEO): The core publicly traded asset, a global leader in iron ore pellet production (sold in 2024).
  • Finance & Credit Group (Founder): His former banking and financial services conglomerate (now largely defunct).
  • Controversy/Legal Issues: He has been on the international wanted list (Interpol) since 2019 for alleged embezzlement and money laundering (related to Finance & Credit Bank).
  • Political Role: He served as a member of the Verkhovna Rada (Ukrainian Parliament) for six consecutive terms (1998–2019).

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Philanthropy and Social Impact


Kostyantin Zhevago's social impact is structural, stemming from Ferrexpo's role as a massive industrial employer and foundational supplier of iron ore (a key global commodity). His political career made him a major figure in Ukrainian governance for over two decades. His personal philanthropy supports various educational and community initiatives.

His career is often cited for illustrating the high-stakes political and financial risks associated with post-Soviet resource privatization and the challenges of addressing corruption in transition economies.

Fashion, Style, and Lifestyle


Kostyantin Zhevago maintains the professional, composed style of a financial executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects stability and serious authority, despite his legal status as an international fugitive.

Residing in Courchevel, France (while on bail), his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, political maneuvering, and navigating complex international legal challenges.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the former CEO of Ferrexpo (iron ore) and a fugitive from Ukrainian justice.
  • He was arrested in France in 2022 on an Interpol warrant for embezzlement and money laundering.
  • He served in the Ukrainian Parliament for six consecutive terms (1998–2019).
  • He was the youngest billionaire in Europe (2007 estimate).
  • He sold his stakes in Wimm-Bill-Dann to PepsiCo for $1.1 billion (from a related search).
  • He holds an M.S. in International Economics.
  • His wealth is tied to the successful privatization and consolidation of Ukraine's iron ore sector.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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