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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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).
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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Becomes Finance Director of a bankrupt bank (Early Executive Role).
Serves six consecutive terms in the Ukrainian Parliament (Political Apex).
Ferrexpo executes its successful IPO on the LSE (Financial Milestone).
Arrest warrant issued by Ukraine for embezzlement and money laundering (Legal Crisis).
Arrested in France (Legal Event).
Sells his controlling stake in Ferrexpo (Major Exit).
Remains a fugitive pending extradition hearings (Executive Oversight/Legal Status).
Kostyantin Zhevago's wealth is concentrated in the liquid capital generated from the Ferrexpo sale and his remaining private investments.
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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.
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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+5.97% | +$534.73M
+0.12% | +$1.68M
This profile is compiled from verified biographical and financial records:
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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